Common use of Monthly Invoices Clause in Contracts

Monthly Invoices. On or before the tenth (10th) Day of each month (or if the tenth (10th) Day is not a Business Day, then the next Business Day), Seller shall render to Buyer a monthly statement (“Monthly Invoice”) (by facsimile or other means conforming to the provisions of Section 19.1 or as otherwise agreed by the Parties) in respect of the immediately preceding month (“Billing Month”). The Monthly Invoice shall set forth (a) the Variable Payment for such Billing Month, (b) any liquidated damages payable by Seller pursuant to Section 3.7, Section 3.9, Section 4.3(b) or Section 6.1, (c) any other amount owed by Buyer to Seller, or vice versa, under the Agreement that has not previously been invoiced and (d) the total amount due by each Party thereunder and the net amount due thereunder. In addition, each Monthly Invoice shall include (1) the amount of each Product provided to Seller, broken down by MISO Settlement Interval, (2) a reasonably detailed description, computation and itemization of the amounts included in such Monthly Invoice, together with reasonable supporting documentation and information, and (3) such other data, material and information as Buyer may reasonably require.

Monthly Invoices. On or before the tenth (10th) Day of each month (or if the tenth (10th) Day is not a Business Day, then the next Business Day), Seller shall render to Buyer a monthly statement (“Monthly Invoice”) (by facsimile or other means conforming to the provisions of Section 19.1 or as otherwise agreed by the Parties) in respect of the immediately preceding month (“Billing Month”). The Monthly Invoice shall set forth (a) the Variable Payment for such Billing Month, (b) any liquidated damages payable by Seller pursuant to Section 3.7, Section 3.9, Section 4.3(b) or Section 6.1, (c) any other amount owed by Buyer to Seller, or vice versa, under the Agreement that has not previously been invoiced and (d) the total amount due by each Party thereunder and the net amount due thereunder. In addition, each Monthly Invoice shall include include (1) the amount of each Product provided to Seller, broken down by MISO Settlement Interval, , (2) a reasonably detailed description, computation and itemization of the amounts included in such Monthly Invoice, together with reasonable supporting documentation and information, and and (3) such other data, material and information as Buyer may reasonably require.