Late Payment Surcharge. In the event of delay in payment of a monthly xxxx by APDCL within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the Solar Power Developer at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis (“Late Payment Surcharge”). The Late Payment Surcharge shall be claimed by the Solar Power Developer through the Supplementary Xxxx.
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 xxxx bill by APDCL within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the Solar Power Developer at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis (“Late Payment Surcharge”). The Late Payment Surcharge shall be claimed by the Solar Power Developer through the Supplementary XxxxBill.
Appears in 6 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Late Payment Surcharge. In the event of delay in payment of a monthly xxxx by APDCL ESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the Solar Power Developer at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis (“Late Payment Surcharge”). The Late Payment Surcharge shall be claimed by the Solar Power Developer through the Supplementary Xxxx.
Appears in 5 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Late Payment Surcharge. In the event of delay in payment of a monthly xxxx by APDCL BESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the Solar Power Developer at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis (“Late Payment Surcharge”). The Late Payment Surcharge shall be claimed by the Solar Power Developer through the Supplementary Xxxx.
Appears in 2 contracts
Late Payment Surcharge. In the event of delay in payment of a monthly xxxx bill by APDCL ESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the Solar Power Developer at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis (“Late Payment Surcharge”). The Late Payment Surcharge shall be claimed by the Solar Power Developer through the Supplementary XxxxBill.
Appears in 1 contract
Samples: Power Purchase Agreement
