Common use of Monthly Invoicing Clause in Contracts

Monthly Invoicing. The Storage Operator shall, in respect of each Month (the "Invoice Period"), on or before the fifth Business Day of the Month following the end of that Invoice Period, provide the Customer with a VAT invoice specifying: (a) the sum payable in respect of the Capacity Charge for each Day in the Invoice Period; (b) the sum payable in respect of the Injection Charge for the Invoice Period, such sum being equal to the product of the Injection Charge and the aggregate of the Injected Quantity for each Day in the Invoice Period; (c) the sum payable in respect of the Withdrawal Charge for the Invoice Period, such sum being equal to the product of the Withdrawal Charge and the aggregate of the Withdrawn Quantity for each Day in the Invoice Period; (d) any applicable VAT and Taxes; (e) the total sum payable by the Customer in respect of the Invoice Period, being the aggregate of the sums calculated pursuant to (a), (b), (c), (d) and (e) above.

Monthly Invoicing. The Storage Operator shall, in respect of each Month of each Active Year (the "Invoice Period"), on or before the fifth Business Day of the Month following the end of that Invoice Period, provide the Customer with a VAT invoice (with appropriate supporting information) specifying: (a) the sum payable in respect of the Capacity Charge for each Day in the Invoice Period; (b) the sum payable in respect of the Injection Charge for the Invoice Period, such sum being equal to the product of the Injection Charge and the aggregate of the Injected Quantity for each Day in the Invoice Period; (c) the sum payable in respect of the Withdrawal Charge for the Invoice Period, such sum being equal to the product of the Withdrawal Charge and the aggregate of the Withdrawn Quantity for each Day in the Invoice Period; (d) any applicable VAT and Taxes; (e) the total sum payable by the Customer in respect of the Invoice Period, being the aggregate of the sums calculated pursuant to (a), (b), (c), (d) and (e) above.

Monthly Invoicing. The Storage Operator shall, in respect of each Month of each Active Year (the "Invoice Period"), on or before the fifth Business Day of the Month following the end of that Invoice Period, provide the Customer with a VAT invoice specifying: (a) the sum payable in respect of the Capacity Charge for each Day in the Invoice Period; (b) the sum payable in respect of the Injection Charge for the Invoice Period, such sum being equal to the product of the Injection Charge and the aggregate of the Injected Quantity for each Day in the Invoice Period; (c) the sum payable in respect of the Withdrawal Charge for the Invoice Period, such sum being equal to the product of the Withdrawal Charge and the aggregate of the Withdrawn Quantity for each Day in the Invoice Period; (d) any applicable VAT and Taxes; (e) the total sum payable by the Customer in respect of the Invoice Period, being the aggregate of the sums calculated pursuant to (a), (b), (c), (d) and (e) above.

Monthly Invoicing. The Storage Operator Service Provider shall, in respect of each Month of each Active Year (the "Invoice Period"), on or before the fifth Business Day of the Month following the end of that Invoice Period, provide the Customer with a VAT invoice (with appropriate supporting information) specifying: (a) the sum payable in respect of the Capacity Charge for each Day in the Invoice Period; (b) the sum payable in respect of the Injection Charge for the Invoice Period, such sum being equal to the product of the Injection Charge and the aggregate of the Injected Quantity for each Day in the Invoice Period; (c) the sum payable in respect of the Withdrawal Charge for the Invoice Period, such sum being equal to the product of the Withdrawal Charge and the aggregate of the Withdrawn Quantity for each Day in the Invoice Period; (d) any applicable VAT and Taxes; (e) the total sum payable by the Customer in respect of the Invoice Period, being the aggregate of the sums calculated pursuant to (a), (b), (c), (d) and (e) above.