Rebate. For payment of Monthly Bill by XXXXX, if paid before Due Date of Payment, a Rebate shall be deducted by GUVNL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz. (SBI MCLR rate + 7%) = 52
Appears in 4 contracts
Samples: Power Purchase Agreement (Ppa), Power Purchase Agreement (Ppa), Power Purchase Agreement
Rebate. For payment of Monthly Bill by XXXXX, if paid before Due Date of Payment, a Rebate shall be deducted by GUVNL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz. (SBI MCLR rate + 7%) = 52=
Appears in 3 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement (Ppa), Power Purchase Agreement (Ppa)
Rebate. For payment of Monthly Bill by XXXXX, if paid before Due Date of Payment, a Rebate shall be deducted by GUVNL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz. (SBI MCLR rate + 7%) = 52per week or part thereof.
Appears in 3 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement (Ppa), Power Purchase Agreement
Rebate. For payment of Monthly Bill by XXXXX, if paid before Due Date of Payment, a Rebate shall be deducted by GUVNL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz. (SBI MCLR rate + 7%) = 52
Appears in 2 contracts
Samples: Battery Energy Storage Purchase Agreement, Battery Energy Storage Purchase Agreement
Rebate. For payment of Monthly Bill Xxxx by XXXXXGUVNL, if paid before Due Date of Payment, a Rebate shall be deducted by GUVNL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz. (SBI MCLR rate + 7%) = 52
Appears in 1 contract
Samples: Power Purchase Agreement
Rebate. For payment of Monthly Bill Xxxx by XXXXXGUVNL, if paid before Due Date of Payment, a Rebate shall be deducted by GUVNL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz. (SBI MCLR rate + 7%) = 52=
Appears in 1 contract
Samples: Power Purchase Agreement
Rebate. For payment of Monthly Bill by XXXXX, if paid before Due Date of Payment, a Rebate shall be deducted by GUVNL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz. (SBI MCLR rate + 7%) = 52=
Appears in 1 contract
Samples: Power Purchase Agreement
