Common use of Late Payment Surcharge Clause in Contracts

Late Payment Surcharge. In the event of delay in payment of a Monthly Bill by SECI beyond the Due Date, a Late Payment Surcharge shall be payable by SECI to the SPD on the outstanding payment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Appears in 9 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Late Payment Surcharge. In the event of delay in payment of a Monthly Bill by SECI beyond the Due Date, a Late Payment Surcharge shall be payable by SECI to the SPD RPD on the outstanding payment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Appears in 7 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Late Payment Surcharge. In the event of delay in payment of a Monthly Bill by SECI beyond the Due Date, a Late Payment Surcharge shall be payable by SECI to the SPD WPD on the outstanding payment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Late Payment Surcharge. In the event of delay in payment of a Monthly Bill by SECI beyond the Due Date, a Late Payment Surcharge shall be payable by SECI to the SPD HPD on the outstanding payment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Late Payment Surcharge. In the event of delay in payment of a Monthly Bill Xxxx by SECI beyond the Due Date, a Late Payment Surcharge shall be payable by SECI to the SPD on the payment outstanding paymentafter the Due Date, at the base Base rate of Late Payment Surcharge applicable for the period for the first month of default. “.

Appears in 1 contract

Samples: Battery Energy Storage Purchase Agreement

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Late Payment Surcharge. In the event of delay in payment of a Monthly Bill by SECI beyond the Due Date, a Late Payment Surcharge shall be payable by SECI to the SPD OWPD on the outstanding payment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Appears in 1 contract

Samples: Power Purchase Agreement

Late Payment Surcharge. In the event of delay in payment of a Monthly Bill Xxxx by SECI beyond the 30 days after Due Date, a Late Payment Surcharge shall be payable by SECI to the SPD on the outstanding payment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “

Appears in 1 contract

Samples: Power Purchase Agreement

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