Common use of Payment and Offset Clause in Contracts

Payment and Offset. (a) Subject to Section 2.11(b), Taxes collectable by one Party from another Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 3 contracts

Samples: Transmission Service Agreement, Rights Agreement, Transmission Utilization Agreement

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Payment and Offset. (a) Subject to Section 2.11(b4.4(b), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 3 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

Payment and Offset. (a) Subject to Section 2.11(b2.8(b), Taxes collectable by one Party from another Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 3 contracts

Samples: Funding Agreement, Lil Assets Agreement, Assignment Agreement

Payment and Offset. (ai) Subject to Section 2.11(b5.7(i)(ii), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 2 contracts

Samples: Joint Operations Agreement, Joint Operations Agreement

Payment and Offset. (a) Subject to Section 2.11(b7.4(b), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 2 contracts

Samples: Rights Agreement, Lil Assets Agreement

Payment and Offset. (a) Subject to Section 2.11(b11.4(b), Taxes collectable collectible by one Party from another Party pursuant to this Agreement will be payable in immediately available funds within 30 days 20 Business Days of receipt of an invoice.

Appears in 1 contract

Samples: Newfoundland and Labrador Hydro

Payment and Offset. (a) Subject to Section 2.11(b5.4(b), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 1 contract

Samples: Transmission Utilization Agreement

Payment and Offset. (a) Subject to Section 2.11(b7.4(b), Taxes collectable by one Party from another Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 1 contract

Samples: Funding Agreement

Payment and Offset. (a) Subject to Section 2.11(b3.4(b), Taxes collectable by one Party from another Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 1 contract

Samples: Agreement

Payment and Offset. (ai) Subject to Section 2.11(b8.8(i)(ii), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 1 contract

Samples: Joint Development Agreement

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Payment and Offset. (a) Subject to Section 2.11(b8.4(b), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 1 contract

Samples: Assignment Agreement

Payment and Offset. (a) Subject to Section 2.11(b3.4(b), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 1 contract

Samples: Energy and Capacity Agreement

Payment and Offset. (a) Subject to Section 2.11(b14.4(b), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 1 contract

Samples: Operators Agreement

Payment and Offset. (a) Subject to Section 2.11(b11.4(b), Taxes collectable by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice.

Appears in 1 contract

Samples: Transmission Utilization Agreement

Payment and Offset. (a) Subject to Section 2.11(b10.4(b), Taxes collectable collectible by one Party from another the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days 20 Business Days of receipt of an invoice.

Appears in 1 contract

Samples: Power Purchase Agreement

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