Common use of PAYMENT; SHORTFALL PAYMENTS Clause in Contracts

PAYMENT; SHORTFALL PAYMENTS. (a) TLO shall invoice Tesoro on a monthly basis and Tesoro shall pay all amounts due (including Shortfall Payments and Curtailment Fees, each as defined herein) no later than ten (10) calendar days after Tesoro’s receipt of TLO’s invoices. Any past due payments owed by Tesoro to TLO shall accrue interest, payable on demand, at the rate of eight percent (8%) per annum from the due date of the payment through the actual date of payment.

PAYMENT; SHORTFALL PAYMENTS. (a) TLO shall invoice Tesoro on a monthly basis and Tesoro shall pay all amounts due under this Agreement and any Terminal Service Order (including Shortfall Payments and Curtailment Fees, each as defined herein) no later than ten (10) calendar days after Tesoro’s receipt of TLO’s invoices. Any past due payments owed by Tesoro to TLO shall accrue interest, payable on demand, at the rate of eight percent (8%) per annum from the due date of the payment through the actual date of payment.

PAYMENT; SHORTFALL PAYMENTS. (a) TLO shall invoice Tesoro on a monthly basis and Tesoro shall pay all amounts due under this Agreement and any Purchase Order (including Shortfall Payments and Curtailment Fees, each as defined herein) no later than ten (10) calendar days after Tesoro’s 's receipt of TLO’s 's invoices. Any past due payments owed by Tesoro to TLO shall accrue interest, payable on demand, at the rate of eight percent (8%) per annum from the due date of the payment through the actual date of payment.

PAYMENT; SHORTFALL PAYMENTS. (a) TLO shall invoice Tesoro on a monthly basis and Tesoro shall pay all amounts due (including Shortfall Payments and Curtailment Fees, each as defined herein) no later than ten (10) calendar days after Tesoro’s 's receipt of TLO’s 's invoices. Any past due payments owed by Tesoro to TLO shall accrue interest, payable on demand, at the rate of eight percent (8%) per annum from the due date of the payment through the actual date of payment.