Common use of Procedure for Payment of Reimbursable Costs Clause in Contracts

Procedure for Payment of Reimbursable Costs. On or before the ------------------------------------------- tenth (10th) day of each month commencing after the Existing O&M Agreement Termination Date, Operator shall tender an invoice to Owner for all Reimbursable Costs, if any, paid by Operator during the preceding month. Such invoices shall be accompanied by a certificate from Operator confirming that all such Reimbursable Costs have been paid, together with all relevant documentation necessary for Owner to verify the accuracy thereof, including all relevant invoices for Consumables, spare parts and replacement components and labor costs and benefits computations incurred by Operator for the relevant staff and specialists. Each invoice submitted to Owner shall be paid by Owner by wire transfer not later than the tenth (10th) day of the next calendar month after the month in which such invoice was received, but in no event shall Owner be required to pay an invoice earlier than thirty (30) days after receipt of such invoice provided that if Owner disputes any amount set forth in any such invoice, (i) Owner shall promptly notify Operator of such dispute, (ii) Owner shall pay the undisputed portion to Operator within said period and (iii) Owner and Operator shall attempt in good faith to resolve all disputed items as soon as reasonably practicable.

Procedure for Payment of Reimbursable Costs. On or before the ------------------------------------------- tenth (10th) day of each month commencing after the Existing O&M Agreement Termination DateCommencement of the Mobilization Stage, Operator shall tender render an invoice to Owner for all Reimbursable Costs, if any, paid by Operator during the preceding month. Such invoices shall be accompanied by a certificate from Operator confirming that all such Reimbursable Costs have been paid, together with all relevant documentation necessary for Owner to verify the accuracy thereof, including all relevant invoices for Consumables, spare parts and replacement components and labor costs and benefits computations incurred by Operator for the relevant staff and specialists. Each invoice submitted to Owner shall be paid by Owner by wire transfer not later than the tenth (10th) day of the next calendar month after the month in which such invoice was received, but in no event shall Owner be required to pay an invoice earlier than thirty (30) days after receipt of such invoice provided that if Owner disputes any amount set forth in any such invoice, (i) Owner shall promptly notify Operator of such dispute, (ii) Owner shall pay the undisputed portion to Operator within said period and (iii) Owner and Operator shall attempt in good faith to resolve all disputed items as soon as reasonably practicable.

Procedure for Payment of Reimbursable Costs. On or before the ------------------------------------------- tenth (10th) day of each month commencing after the Existing O&M Agreement Termination Date, Operator shall tender render an invoice to Owner for all Reimbursable Costs, if any, paid by Operator during the preceding month. Such invoices shall be accompanied by a certificate from Operator confirming that all such Reimbursable Costs have been paid, together with all relevant documentation necessary for Owner to verify the accuracy thereof, including all relevant invoices for Consumables, spare parts and replacement components and labor costs and benefits computations incurred by Operator for the relevant staff and specialists. Each invoice submitted to Owner shall be paid by Owner by wire transfer not later than the tenth (10th) day of the next calendar month after the month in which such invoice was received, but in no event shall Owner be required to pay an invoice earlier than thirty (30) days after receipt of such invoice provided that if Owner disputes any amount set forth in any such invoice, (i) Owner shall promptly notify Operator of such dispute, (ii) Owner shall pay the undisputed portion to Operator within said period and (iii) Owner and Operator shall attempt in good faith to resolve all disputed items as soon as reasonably practicable.

Procedure for Payment of Reimbursable Costs. On or before the ------------------------------------------- tenth (10th) day of each month commencing after the Existing O&M Agreement Termination Date, Operator shall tender render an invoice to Owner for all Reimbursable Costs, if any, paid by Operator during the preceding month. Such invoices shall be accompanied by a certificate from Operator confirming that all such Reimbursable Costs have been paid, together with all relevant documentation necessary for Owner to verify the accuracy thereof, including all relevant invoices for Consumables, spare parts and replacement components and labor costs and benefits computations incurred by Operator for the relevant staff and specialists. Each invoice submitted to Owner shall be paid by Owner by wire transfer not later than the tenth (10th) day of the next calendar month after the month in which such invoice was received, but in no event shall Owner be required to pay an invoice earlier than thirty (30) days after receipt of such invoice provided that dig if Owner disputes any amount set forth in any such invoice, (i) Owner shall promptly notify Operator of such dispute, (ii) Owner shall pay the undisputed portion to Operator within said period and (iii) Owner and Operator shall attempt in good faith to resolve all disputed items as soon as reasonably practicable.