Common use of Payment of Supplementary Xxxx Clause in Contracts

Payment of Supplementary Xxxx. 2.12.1 SECI may raise a "Supplementary Xxxx" for payment on account of: i) Change in Law as provided in Article 12 of PPA, or ii) Payment under Article 2.13 and other charges, if any. And such Supplementary Xxxx shall be paid by the other Party. 2.12.2 Buying Entity shall remit all amounts due under a Supplementary Xxxx raised by the SECI to the SECI’s Designated Account by the Due Date. 2.12.3 In the event of delay in payment of a Supplementary Xxxx by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Xxxx in Article 2.3.

Appears in 7 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

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Payment of Supplementary Xxxx. 2.12.1 6.9.1 SECI may raise a "Supplementary Xxxx" for payment on account of: i) Change in Law as provided in Article 12 of PPA8, or ii) Payment under Article 2.13 and other Other charges, if any. And such Supplementary Xxxx shall be paid by the other Party. 2.12.2 6.9.2 Buying Entity shall remit all amounts due under a Supplementary Xxxx raised by the SECI to the SECI’s Designated Account by the Due Date. 2.12.3 6.9.3 In the event of delay in payment of a Supplementary Xxxx by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Xxxx in Article 2.36.3.3.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Sale Agreement

Payment of Supplementary Xxxx. 2.12.1 SECI may raise a "Supplementary Xxxx" for payment on account of: i) Change in Law as provided in Article 12 of PPA8, or ii) Payment payment under Article 2.13 and other charges, if any. ; And such Supplementary Xxxx shall be paid by the other Party. 2.12.2 Buying Entity shall remit all amounts due under a Supplementary Xxxx raised by the SECI to the SECI’s Designated Account by the Due Date. 2.12.3 In the event of delay in payment of a Supplementary Xxxx by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Xxxx in Article 2.36.3.3.

Appears in 3 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

Payment of Supplementary Xxxx. 2.12.1 SECI may raise a "Supplementary Xxxx" for payment on account of: i) Change in Law as provided in Article 12 of PPA8, or ii) Payment under Article 2.13 and other Other charges, if any. And such Supplementary Xxxx shall be paid by the other Party. 2.12.2 Buying Entity shall remit all amounts due under a Supplementary Xxxx raised by the SECI to the SECI’s Designated Account by the Due Date. 2.12.3 In the event of delay in payment of a Supplementary Xxxx by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Xxxx in Article 2.36.3.3.

Appears in 1 contract

Samples: Power Sale Agreement

Payment of Supplementary Xxxx. 2.12.1 2.10.1 SECI may raise a "Supplementary Xxxx" for payment on account of: i) Change in Law as provided in Article 12 of PPA8, or ii) Payment payment under Article 2.13 2.11 and other charges, if any. ; And such Supplementary Xxxx shall be paid by the other Party. 2.12.2 2.10.2 Buying Entity shall remit all amounts due under a Supplementary Xxxx raised by the SECI to the SECI’s Designated Account by the Due Date. 2.12.3 2.10.3 In the event of delay in payment of a Supplementary Xxxx by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Xxxx in Article 2.36.3.3.

Appears in 1 contract

Samples: Power Sale Agreement

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Payment of Supplementary Xxxx. 2.12.1 SECI may raise a "Supplementary Xxxx" for payment on account of: i) Change in Law as provided in Article 12 of PPA8, or ii) Payment under Article 2.13 and other charges, if any. And such Supplementary Xxxx shall be paid by the other Party. 2.12.2 Buying Entity shall remit all amounts due under a Supplementary Xxxx raised by the SECI to the SECI’s Designated Account by the Due Date. 2.12.3 In the event of delay in payment of a Supplementary Xxxx by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Xxxx in Article 2.36.3.3.

Appears in 1 contract

Samples: Power Sale Agreement

Payment of Supplementary Xxxx. 2.12.1 2.10.1 SECI may raise a "Supplementary Xxxx" for payment on account of: i) Change in Law as provided in Article 12 of PPA8, or ii) Payment under Article 2.13 2.11 and other charges, if any. And such Supplementary Xxxx shall be paid by the other Party. 2.12.2 2.10.2 Buying Entity shall remit all amounts due under a Supplementary Xxxx raised by the SECI to the SECI’s Designated Account by the Due Date. 2.12.3 2.10.3 In the event of delay in payment of a Supplementary Xxxx by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Xxxx in Article 2.36.3.3.

Appears in 1 contract

Samples: Power Sale Agreement

Payment of Supplementary Xxxx. 2.12.1 SECI may raise a "Supplementary Xxxx" for payment on account of: i) Change in Law as provided in Article 12 of PPABESPA, or or ii) Payment under Article 2.13 and other charges, if any. And such Supplementary Xxxx shall be paid by the other Party. 2.12.2 Buying Entity shall remit all amounts due under a Supplementary Xxxx raised by the SECI to the SECI’s Designated Account by the Due Date. 2.12.3 In the event of delay in payment of a Supplementary Xxxx by either Party beyond its Due Date, a Late Payment Surcharge shall be payable at the same terms applicable to the Monthly Xxxx in Article 2.3.

Appears in 1 contract

Samples: Battery Energy Storage Sale Agreement

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