Common use of Payment Calculation Submission Clause in Contracts

Payment Calculation Submission. Not later than five Business Days before the end of each month of the Operating Period, the Contractor shall submit to the Province its Payment Calculation, in the form as is set out in Appendix 2. In its monthly Payment Calculation, the Contractor shall complete Category “A”, reporting all expected Capital Payments and O&M Payments for that month from Appendix 1 of this Schedule, and Category “B”, reporting all of the Payment Adjustments relating to the previous month to be applied to that month’s Payment.

Payment Calculation Submission. Not later than five Business Days before the end of each month of the Operating Period, the Contractor shall submit to the Province its Payment Calculation, in the form as is set out in Appendix 2. In its monthly Payment Calculation, the Contractor shall complete Category “A”, reporting all expected Capital Payments, Operations and Maintenance Payments and O&M Renewal Payments for that month from Appendix 1 of this Schedule, and Category “B”, reporting all of the Payment Adjustments relating to the previous month to be applied to that month’s Payment.

Payment Calculation Submission. Not later than Within five Business Days before the end of each month of the Operating Period, the Contractor shall submit to the Province its Payment Calculation, in the form as is set out in Appendix 2. In its monthly Payment Calculation, the Contractor shall complete Category “A”, reporting all expected Capital Payments and O&M Payments for that month from Appendix 1 of this Schedule, and Category “B”, reporting all of the Payment Adjustments relating to the previous month to be applied to that month’s Payment.