Common use of PAYMENT TO PRODUCER Clause in Contracts

PAYMENT TO PRODUCER. Facilitator shall pay or cause to be paid to Producer amounts calculated in accordance with Attachment F within 45 days of the end of each billing period during which Electricity and Other Products Related to Electric Generation were provided by Producer. Facilitator shall have no authority whatsoever to make payments to producer for Electricity or Other Products Related to Electric Generation that are not Delivered. As a matter of administrative convenience, Facilitator may wait to send payments to Producer until the total amount due to Producer, net of any set offs, exceeds $100.00.

PAYMENT TO PRODUCER. Facilitator shall pay or cause to be paid to Producer amounts calculated in accordance with Attachment F C within 45 days of the end of each billing period during which Electricity and Other Products Related to Electric Generation were provided by Producer. Facilitator shall have no authority whatsoever to make payments to producer for Electricity or Other Products Related to Electric Generation that are not Delivered. As a matter of administrative convenience, Facilitator may wait to send payments to Producer until the total amount due to Producer, net of any set offs, exceeds $100.00.