Payment of Supplementary Bill. 10.7.1 SPD may raise a ("Supplementary Bill") for payment on account of: i) Adjustments required by the Energy Accounts (if applicable); or ii) Change in Law as provided in Article 12, or iii) Payment under Article 4.10, And such Supplementary Bill shall be paid by the other Party. 10.7.2 SECI shall remit all amounts due under a Supplementary Bill raised by the SPD to the SPD’s Designated Account by the Due Date, except open access charges, RLDC or scheduling charges and transmission charges (if applicable). Except for payment under Article 10.7.1 (i), payment of Supplementary Bills will be made after realization of the same from the Buying Utility under the Power Sale Agreement. No Late Payment Surcharge will be applicable other than that on the monthly energy payment and associated debit and credit note.
Appears in 7 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Payment of Supplementary Bill. 10.7.1 SPD may raise a ("Supplementary Bill") for payment on account of:
i) Adjustments required by the Energy Accounts (if applicable); or
ii) Change in Law as provided in Article 12, or iii) Payment under Article 4.10, And such Supplementary Bill shall be paid by the other Party.
10.7.2 SECI shall remit all amounts due under a Supplementary Bill Xxxx raised by the SPD to the SPD’s Designated Account by the Due Date, except open access charges, RLDC or scheduling charges and transmission charges (if applicable). Except for payment under Article 10.7.1 (i), payment of Supplementary Bills will be made after realization of the same from the Buying Utility under the Power Sale Agreement. No Late Payment Surcharge will be applicable other than that on the monthly energy payment and associated debit and credit note.
Appears in 1 contract
Samples: Power Purchase Agreement
Payment of Supplementary Bill. 10.7.1 10.6.1 SPD may raise a ("Supplementary Bill") for payment on account of:
(i) Adjustments required by the Energy Accounts Joint Meter Reading (if applicable); or
(ii) Change in Law as provided in Article 12, or iii) Payment under Article 4.10, And and such Supplementary Bill shall be paid by the other Party.
10.7.2 SECI 10.6.2 HAL, Hyderabad shall remit all amounts due under a Supplementary Bill Xxxx raised by the SPD to the SPD’s 's Designated Account by the Due Date. If any claim is being raised pursuant to the Article 4.4.1, except open access chargesHAL, RLDC or scheduling charges and transmission charges (if applicable). Except for Hyderabad shall make adjustment in the payment under Article 10.7.1 (i), made to the SPD.
10.6.3 In the event of delay in payment of a Supplementary Bills will be made after realization of the same from the Buying Utility under the Power Sale Agreement. No Bill by either Party beyond its Due Date, a Late Payment Surcharge will shall be payable at the same terms applicable other than that on to the monthly energy payment and associated debit and credit noteMonthly Bill in Article 10.3.3.
Appears in 1 contract
Samples: Power Purchase Agreement