Common use of Payment of Monthly Bills Clause in Contracts

Payment of Monthly Bills. 13.3.1 ESCOM shall pay the amount payable under the monthly xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ Supplementary Xxxx is issued by the Developer to the ESCOM to such account of the Developer, as shall have been previously notified by the Developer in accordance with article (c) of Clause 13.3.2 below. In case the monthly xxxx or any other xxxx, including a Supplementary Xxxx is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month. 13.3.2 All payments required to be made under this Agreement shall also include any deduction or set off for: a) deductions required by the Law; and b) amounts claimed by ESCOM, if any, from the Developer, through an invoice to be payable by the Developer, and not disputed by the Developer within fifteen (15) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15) Days period. The Developer shall open a bank account at ……………….. [Insert name of place] (the "Developer’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM to the Developer, and notify ESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxx.

Payment of Monthly Bills. 13.3.1 ESCOM 13.3.1. BESCOM shall pay the amount payable under the monthly xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ Supplementary Xxxx is issued by the Developer to the ESCOM BESCOM to such account of the Developer, as shall have been previously notified by the Developer in accordance with article (c) of Clause 13.3.2 below. In case the monthly xxxx or any other xxxx, including a Supplementary Xxxx is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month. 13.3.2 13.3.2. All payments required to be made under this Agreement shall also include any deduction or set off for: a) deductions required by the Law; and b) amounts claimed by ESCOMBESCOM, if any, from the Developer, through an invoice to be payable by the Developer, and not disputed by the Developer within fifteen (15) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM BESCOM shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15) Days period. The Developer shall open a bank account at ……………….. [Insert name of place] (the "Developer’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM to the Developer, and notify ESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxx.fifteen

Payment of Monthly Bills. 13.3.1 ESCOM shall pay the amount payable under the monthly xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ Supplementary Xxxx is issued by the Solar Power Developer to the ESCOM to such account of the Solar Power Developer, as shall have been previously notified by the Solar Power Developer in accordance with article (c) of Clause 13.3.2 below. In case the monthly xxxx or any other xxxx, including a Supplementary Xxxx is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month. 13.3.2 All payments required to be made under this Agreement shall also include any deduction or set off for: a) deductions required by the Law; and b) amounts claimed by ESCOM, if any, from the Solar Power Developer, through an invoice to be payable by the Solar Power Developer, and not disputed by the Solar Power Developer within fifteen (15) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15) Days period. The Solar Power Developer shall open a bank account at ……………….. [Insert name of place] (the "Solar Power Developer’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM to the Solar Power Developer, and notify ESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxx.

Payment of Monthly Bills. 13.3.1 13.3.1. Summation of all the energy meters provided at delivery points (if more than one evacuation line at SS end) shall be considered for monthly billing purpose. 13.3.2. ESCOM shall pay the amount payable under the monthly xxxxbill/Supplementary Xxxx Bill by the fifth (fifth5th) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ bill/ Supplementary Xxxx Bill is issued by the Developer SPG to the ESCOM to such account of the DeveloperSPG, as shall have been previously notified by the Developer SPG in accordance with article (c) of Clause 13.3.2 13.3.3 below. In case the monthly xxxx bill or any other xxxxbill, including a Supplementary Xxxx Bill is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month. 13.3.2 13.3.3. All payments required to be made under this Agreement shall also include any deduction or set off for: a) deductions required by the Law; and b) amounts claimed by ESCOMXXXXX, if any, from the DeveloperSPG, through an invoice to be payable by the DeveloperSPG, and not disputed by the Developer SPG within fifteen (15) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15) Days period. . c) The Developer SPG shall open a bank account at ……………….. . [Insert name of place] (the "DeveloperSPG’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM to the DeveloperSPG, and notify ESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxxbill.

Payment of Monthly Bills. 13.3.1 ESCOM shall pay the amount payable under the monthly xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ Supplementary Xxxx is issued by the Solar Power Developer to the ESCOM to such account of the Solar Power Developer, as shall have been previously notified by the Solar Power Developer in accordance with article (c) of Clause 13.3.2 below. In case the monthly xxxx or any other xxxx, including a Supplementary Xxxx is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month. 13.3.2 All payments required to be made under this Agreement shall also include any deduction or set off for: a) deductions required by the Law; and b) amounts claimed by ESCOM, if any, from the Solar Power Developer, through an invoice to be payable by the Solar Power Developer, and not disputed by the Solar Power Developer within fifteen (15) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15) Days period. The Solar Power Developer shall open a bank account at ……………….. [Insert name of place] (the "Solar Power Developer’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM to the Solar Power Developer, and notify ESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxx.

Payment of Monthly Bills. 13.3.1 ESCOM 13.3.1. BESCOM shall pay the amount payable under the monthly xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ Supplementary Xxxx is issued by the Developer to the ESCOM BESCOM to such account of the Developer, as shall have been previously notified by the Developer in accordance with article (c) of Clause 13.3.2 below. In case the monthly xxxx or any other xxxx, including a Supplementary Xxxx is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month. 13.3.2 13.3.2. All payments required to be made under this Agreement shall also include any deduction or set off for: a) deductions required by the Law; and b) amounts claimed by ESCOMBESCOM, if any, from the Developer, through an invoice to be payable by the Developer, and not disputed by the Developer within fifteen (15) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM BESCOM shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15) Days period. The Developer shall open a bank account at ……………….. [Insert name of place] (the "Developer’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM BESCOM to the Developer, and notify ESCOM BESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxx.

Payment of Monthly Bills. 13.3.1 ESCOM 8.3.1 The Procurer(s) shall pay the amount payable under the monthly xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (Monthly Bill on the Due Date) in which the monthly xxxx/ Supplementary Xxxx is issued by the Developer to the ESCOM Date to such account of the DeveloperSeller, as shall have been previously notified by the Developer Seller in accordance with article (c) of Clause 13.3.2 Article 8.3.4 below. In case the monthly xxxx or any other xxxx, including a Supplementary Xxxx is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month. 13.3.2 8.3.2 All payments made by the Procurer(s) shall be appropriated by the Seller in the following order of priority: i) towards Late Payment Surcharge, if any; ii) towards the earlier unpaid Monthly Bill(s), if any; and iii) towards the then current Monthly Bill. 8.3.3 All payments required to be made under this Agreement shall also only include any deduction or set off for: ai) deductions required by the Law; and bii) amounts claimed by ESCOM, if any, the Procurer(s) from the DeveloperSeller, through an invoice duly acknowledged by the Seller, to be payable by the DeveloperSeller, and not disputed by the Developer Seller within fifteen thirty (1530) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM the Procurer(s) shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen thirty (1530) Days period. The Developer shall open a bank account at ……Provided further, the maximum amounts that can be deducted or set-off by ………….. . [Insert name “the Procurer” in case of placesingle Procurer or “by all the Procurers taken together” in case of multiple Procurers] (the "Developer’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM to the Developer, and notify ESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxx.under this Article in a Contract Year shall not exceed Rupees [Insert amount calculated as

Payment of Monthly Bills. 13.3.1 ESCOM shall pay the amount payable under the monthly xxxxbill/Supplementary Xxxx Bill by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ bill/ Supplementary Xxxx Bill is issued by the Developer to the ESCOM to such account of the Developer, as shall have been previously notified by the Developer in accordance with article (c) of Clause 13.3.2 below. In case the monthly xxxx bill or any other xxxxbill, including a Supplementary Xxxx Bill is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month. 13.3.2 All payments required to be made under this Agreement shall also include any deduction or set off for: a) deductions required by the Law; and b) amounts claimed by ESCOM, if any, from the Developer, through an invoice to be payable by the Developer, and not disputed by the Developer within fifteen (15) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15) Days period. The Developer shall open a bank account at ……………….. [Insert name of place] (the "Developer’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM to the Developer, and notify ESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxxbill.