Common use of Payment for Options Clause in Contracts

Payment for Options. The premium amount for the purchase of an Option shall be paid within two (2) Business Days of receipt of an invoice from the Option Seller. Upon exercise of an Option, payment for the Product underlying such Option shall be due in accordance with Section 6.1.

Appears in 1 contract

Samples: Master Power Purchase and Sale Agreement (NRG Energy, Inc.)

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Payment for Options. The premium amount for the purchase of an Option ------------------- shall be paid within two (2) Business Days of receipt of an invoice from the Option Seller. Upon exercise of an Option, payment for the Product underlying such Option shall be due in accordance with Section 6.1.

Appears in 1 contract

Samples: Master Power Purchase & Sale Agreement (Pg&e Corp)

Payment for Options. The premium amount for the purchase of an Option shall be paid within two (2) Business Days of receipt of an invoice from the Option Seller. Upon exercise of an Option, payment for the Product underlying such Option shall be due in accordance with Section 6.17.1.

Appears in 1 contract

Samples: Power and Gas Master Agreement

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Payment for Options. The premium amount for the purchase of an Option shall be paid within two three (23) Business Days of receipt of an invoice Invoice from the Option Seller. Upon exercise of an Option, payment for the Product underlying such Option shall be due in accordance with Section 6.17.2.

Appears in 1 contract

Samples: Power Supply and Service Agreement (TNP Enterprises Inc)

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