Common use of Payment of Supplementary Bill Clause in Contracts

Payment of Supplementary Bill. 10.7.1 SPG 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 And such Supplementary Bill shall be paid by the other Party. 10.7.2 MSEDCL shall remit all amounts due under a Supplementary Bill raised by the SPG to the SPG’s Designated Account by the Due Date, except open access charges, RLDC or scheduling charges and transmission charges (if applicable). For Supplementary Bill on account of adjustment required by energy account, Rebate as applicable to Monthly Bills pursuant to Article 10.3 shall equally apply. No surcharge will be applicable other than that on the monthly energy payment and associated debit and credit note. 10.7.3 In the event of delay in payment of a Supplementary Bill by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Bill in Article 10.2.

Appears in 1 contract

Samples: Power Purchase Agreement

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Payment of Supplementary Bill. 10.7.1 SPG 9.7.1 SPV may raise a ("Supplementary Bill") for payment on account of: i(a) Adjustments required by the Energy Accounts energy accounts (if applicable); or ii(b) Change in Law as provided in Article 12 And such Supplementary Bill shall be paid by the other Party.11; 10.7.2 9.7.2 MSEDCL shall remit all amounts due under a Supplementary Bill raised by the SPG SPV to the SPGSPV’s Designated Account by the Due DateDate of Payment, except open access charges, RLDC MSLDC or scheduling charges and transmission charges (if applicable). For Supplementary Bill on account of adjustment required by energy account, Rebate as applicable to Monthly Bills pursuant to Article 10.3 9.2 shall equally apply. No surcharge will be applicable other than that on the monthly energy payment and associated debit and credit note. 10.7.3 9.7.3 In the event of delay in payment of a Supplementary Bill by either Party beyond its Due DateDate of Payment, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Bill in Article 10.29.2.

Appears in 1 contract

Samples: Power Purchase Agreement

Payment of Supplementary Bill. 10.7.1 SPG 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 And such Supplementary Bill shall be paid by the other Party. 10.7.2 MSEDCL shall remit all amounts due under a Supplementary Bill raised by the SPG to the SPG’s SPG‟s Designated Account by the Due Date, except open access charges, RLDC or scheduling charges and transmission charges (if applicable). For Supplementary Bill on account of adjustment required by energy account, Rebate as applicable to Monthly Bills pursuant to Article 10.3 shall equally apply. No surcharge will be applicable other than that on the monthly energy payment and associated debit and credit note. 10.7.3 In the event of delay in payment of a Supplementary Bill by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Bill in Article 10.2.

Appears in 1 contract

Samples: Power Purchase Agreement

Payment of Supplementary Bill. 10.7.1 SPG may raise a ("Supplementary Bill") for payment on account of: i) : Adjustments required by the Energy Accounts (if applicable); or ii) or Change in Law as provided in Article 12 And such Supplementary Bill shall be paid by the other Party. 10.7.2 MSEDCL . EDG shall remit all amounts due under a Supplementary Bill raised by the SPG to the SPG’s Designated Account by the Due Date, except open access charges, RLDC or scheduling charges and transmission charges (if applicable). For Supplementary Bill on account of adjustment required by energy account, Rebate as applicable to Monthly Bills pursuant to Article 10.3 10.3.5 shall equally apply. No surcharge will be applicable other than that on the monthly energy payment and associated debit and credit note. 10.7.3 . In the event of delay in payment of a Supplementary Bill by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Bill in Article 10.210.3.3.

Appears in 1 contract

Samples: Power Purchase Agreement

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Payment of Supplementary Bill. 10.7.1 SPG 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 And such Supplementary Bill shall be paid by the other Party. 10.7.2 MSEDCL EDG shall remit all amounts due under a Supplementary Bill raised by the SPG to the SPG’s Designated Account by the Due Date, except open access charges, RLDC or scheduling charges and transmission charges (if applicable). For Supplementary Bill on account of adjustment required by energy account, Rebate as applicable to Monthly Bills pursuant to Article 10.3 10.3.5 shall equally apply. No surcharge will be applicable other than that on the monthly energy payment and associated debit and credit note. 10.7.3 In the event of delay in payment of a Supplementary Bill by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Bill in Article 10.210.3.3.

Appears in 1 contract

Samples: Power Purchase Agreement

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