Common use of Quarterly and Annual Reconciliation Clause in Contracts

Quarterly and Annual Reconciliation. 8.7.1 The Parties acknowledge that all payments made against Monthly Bills, Provisional Bills and Supplementary Bills shall be subject to quarterly reconciliation at the beginning of the following quarter of each Contract Year and annual reconciliation at the end of each Contract Year to take into account REA, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this Agreement.

Quarterly and Annual Reconciliation. 8.7.1 8.6.1 The Parties acknowledge that all payments made against Monthly Bills, Provisional Bills and Supplementary Bills any Xxxx shall be subject to quarterly reconciliation at the beginning of the following quarter of each the Contract Year and annual reconciliation at the end of each the Contract Year to take into account REA, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this the Agreement.;

Quarterly and Annual Reconciliation. 8.7.1 8.6.1 The Parties acknowledge that all payments made against Monthly Bills, Provisional Bills and Supplementary Bills any Bill shall be subject to quarterly reconciliation at the beginning of the following quarter of each the Contract Year and annual reconciliation at the end of each the Contract Year to take into account REA, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this the Agreement.;

Quarterly and Annual Reconciliation. 8.7.1 The 10.14.1 Parties acknowledge that all payments made against Monthly Bills, Provisional Bills Bill(s) and Supplementary Bills Bill(s) shall be subject to quarterly reconciliation at the beginning of the following quarter of each Contract Year and annual reconciliation at the end of each Contract Year to take into account REARegional Energy Account, Tariff adjustment adjustments in Transmission Charges payments, Tariff RebateRebates, Late Payment Surcharge, Incentive, Penalty, or any other reasonable circumstance provided under this Agreementas may be mutually agreed between the Parties.

Quarterly and Annual Reconciliation. 8.7.1 The 10.13.1 Parties acknowledge that all payments made against Monthly Bills, Provisional Bills Bill(s) and Supplementary Bills Bill(s) shall be subject to quarterly reconciliation at the beginning of the following quarter of each Contract Year and annual reconciliation at the end of each Contract Year to take into account REA, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this Agreement.Year

Quarterly and Annual Reconciliation. 8.7.1 10.6.1 The Parties acknowledge that all payments made against Monthly Bills, Provisional Bills and Supplementary Bills shall be subject to quarterly reconciliation at the beginning of the following quarter of each Contract Year and annual reconciliation at the end of each Contract Year to take into account REAthe Energy Accounts, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this Agreement.