Common use of Payment Obligation Clause in Contracts

Payment Obligation. The RTOs each assume responsibility for ensuring that their respective payment obligations resulting from the M2M coordination process set forth in Schedule D to this Agreement are satisfied without regard for their ability to collect such payments from their respective customers.

Payment Obligation. The RTOs each assume responsibility for ensuring that their respective payment obligations resulting from the M2M coordination process set forth in Schedule D to this Agreement are satisfied without regard for their ability to collect such payments from their respective customers. Unless otherwise indicated in writing by the parties, all payments due under this Agreement will be effected in immediately available funds of the United States of America.