Common use of Retail Service Charges Clause in Contracts

Retail Service Charges. All Retail Service Charges will be billed in the discretion of the Distributor with the Settlement Invoice or Market Participant Invoice when one is sent. All STR fees will be calculated on a: □ Daily basis □ Billing month basis All fixed customer charges/credits will be calculated on a: □ Daily basis □ Billing month basis All other retail service charges will be billed: □ Daily basis □ Billing month basis (The Distributor shall tick one of the boxes for each of the three statements set out above) Note: Where a Retail Service Charge is calculated on a daily basis, the Settlement Invoice or Market Participant Invoice shall include all charges with respect to this type of Charge calculated up to the day before the Invoice is issued. Where a Retail Service Charge is calculated on a monthly basis, the Settlement Invoice or Market Participant Invoice shall include all charges with respect to this type of Charge calculated up to the end of the most recently completed Billing Month.

Appears in 1 contract

Samples: Service Agreement

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Retail Service Charges. All Retail Service Charges will be billed in at the discretion of the Distributor with the Settlement Invoice or Market Participant Invoice when one is sent. All STR fees will be calculated on a: □ Daily basis Billing month basis All fixed customer charges/credits will be calculated on a: □ Daily basis Billing month basis All other retail service charges will be billed: □ Daily basis Billing month basis (The Distributor shall tick one of the boxes for each of the three statements set out above) Note: Where a Retail Service Charge is calculated on a daily basis, the Settlement Invoice or Market Participant Invoice shall include all charges with respect to this type of Charge calculated up to the day before the Invoice is issued. Where a Retail Service Charge is calculated on a monthly basis, the Settlement Invoice or Market Participant Invoice shall include all charges with respect to this type of Charge calculated up to the end of the most recently completed Billing Month.

Appears in 1 contract

Samples: Retailer Service Agreement

Retail Service Charges. All Retail Service Charges will be billed in at the discretion of the Distributor with the Settlement Invoice or Market Participant Invoice when one is sent. All STR fees will be calculated on a: Daily basis Billing month basis All fixed customer charges/credits will be calculated on a: Daily basis Billing month basis All other retail service charges will be billed: Daily basis Billing month basis (The Distributor shall tick one of the boxes for each of the three statements set out above) Note: Where a Retail Service Charge is calculated on a daily basis, the Settlement Invoice or Market Participant Invoice shall include all charges with respect to this type of Charge calculated up to the day before the Invoice is issued. Where a Retail Service Charge is calculated on a monthly basis, the Settlement Invoice or Market Participant Invoice shall include all charges with respect to this type of Charge calculated up to the end of the most recently completed Billing Month.

Appears in 1 contract

Samples: Service Agreement

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Retail Service Charges. All Retail Service Charges will be billed in at the discretion of the Distributor with the Settlement Invoice or Market Participant Invoice when one is sent. All STR fees will be calculated on a: Daily basis Billing month basis All fixed customer charges/credits will be calculated on a: Daily basis Billing month basis All other retail service charges will be billed: Daily basis Billing month basis (The Distributor shall tick one of the boxes for each of the three statements set out above) Note: Where a Retail Service Charge is calculated on a daily basis, the Settlement Invoice or Market Participant Invoice shall include all charges with respect to this type of Charge calculated up to the day before the Invoice is issued. Where a Retail Service Charge is calculated on a monthly basis, the Settlement Invoice or Market Participant Invoice shall include all charges with respect to this type of Charge calculated up to the end of the most recently completed Billing Month.

Appears in 1 contract

Samples: Service Agreement

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