Late Payment Surcharge. In the event of delay in payment of a monthly xxxx by ESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the 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 Developer through the Supplementary Xxxx.
Appears in 8 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 ESCOM BESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the 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 Developer through the Supplementary Xxxx.
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 xxxx bill by ESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the 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 Developer through the Supplementary XxxxBill.
Appears in 3 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 ESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the Developer at the rate of 1.251.0% 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 Developer through the Supplementary XxxxBill.
Appears in 1 contract
Samples: Power Purchase Agreement
Late Payment Surcharge. In the event of delay in payment of a monthly xxxx by ESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the 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 Developer through the Supplementary Xxxx.
Appears in 1 contract
Samples: Power Purchase Agreement
