Common use of Submission of invoice Clause in Contracts

Submission of invoice.  For any LNG Services subscribed by a Service Confirmation, as from the Service Start Date the Terminal Operator shall on the tenth (10th) Day of each Month (or the next Business Day if the tenth (10th) Day is not a Business Day) issue an invoice to Shipper, showing: the Monthly Capacity Charge (as adjusted for any reduction in the Capacity Charge for reasons of Force Majeure under GC 12.3.2 or for the Service Unavailability under the last paragraph of this GC 7.1.1) of the current Month; any Demurrage Rate, due by Shipper under GC 10.1.5, which will be invoiced in the Month following the relevant Month to which it relates; any correction on the Monthly Capacity Charge and/or any Demurrage Rate paid by the Shipper for the previous Month(s); All invoices shall include a detailed calculation of the Monthly Capacity Charge(s), mentioning amongst others the performed LNG Services, the pricing formula and the values of the relevant parameters and indexes (if applicable), the invoicing date, the bank account information, the payment terms (including the time of payment), the currency (EUR) and the interest rates if applicable. Together with the invoice, the utilization rate of the LNG Services and a detailed summary table per performed LNG Service shall be communicated, particularly including the gas allocation and measurement results.  Terminal Operator shall issue a credit note to Shipper as soon as reasonably possible for any amount, invoiced according to the above, which turns out not to be due by Shipper pursuant to the provisions of this LSA, such as in case of a service not being provided due to a Force Majeure Event arising during such Month.  For the avoidance of doubt, in the event where the Terminal Operator provides or makes available less than all of the Services subscribed to by the Shipper with any Service Confirmation in breach with its obligations excluding for the avoidance of doubt circumstances of Force Majeure for which GC 12 shall apply (the “Service Unavailability”), then the Capacity Charge for the relevant period shall be reduced pro rata the reduction in LNG Services, taking into account the allowed number of Reduced Service Days, as specified in AC 3.7. Terminal Operator shall issue a credit note to Shipper as soon as reasonably possible for any amount, invoiced according to the above, which turns out not to be due by Shipper pursuant to the provisions of this LSA. For the avoidance of doubt, unless relieved by another provision of this LSA , the Monthly Capacity Charge is payable irrespective of whether Shipper actually uses the LNG Service it has subscribed via the Services Confirmation for that Month.  Invoices may be rendered electronically, or by letter or by telefax during normal office hours. The receipt of the invoice is deemed to have occurred the fifth (5th) Business Day following the date of the invoice.  At the end of the LSA and each time the Shipper requests it, the Terminal Operator delivers a statement of account.  Each Party shall have a right to set-off any amount payable by the other with the amount that it has to pay to the other under this LSA to the extent these amounts are payable, defined and undisputed.

Submission of invoice.  For any LNG Services subscribed by a Service Confirmation, as As from the Effective Date and insofar as Shipper has subscribed to at least one (1) LNG Service Start Date under this LTA, the Terminal Operator shall on the tenth (10th) Day of each Month (or the next Business Day if the tenth (10th) Day is not a Business Day) issue render an invoice to Shipper, showing: the Monthly Capacity Charge (as adjusted for any reduction in the Capacity Charge for reasons of Force Majeure under GC 12.3.2 or for the Service Unavailability under the last paragraph of this GC 7.1.1) of the current Month; any Demurrage Rate, due by Shipper under GC 10.1.5, which will be invoiced in the Month following the relevant Month to which it relates; any correction on the Monthly Capacity Charge and/or any Demurrage Rate paid by the Shipper for the previous Month(s); All invoices shall include a detailed calculation of the Monthly Capacity Charge(s), mentioning amongst others the performed LNG Services, the pricing formula and the values of the relevant parameters and indexes (if applicable), the invoicing date, the bank account information, the payment terms (including the time of payment), the currency (EUR) and the interest rates if applicable. Together with the invoice, the utilization rate of the LNG Services and a detailed summary table per performed LNG Service shall be communicated, particularly including the gas allocation and measurement results.  Terminal Operator shall issue a credit note to Shipper as soon as reasonably possible for any amount, invoiced according to the above, which turns out not to be due by Shipper pursuant to the provisions of this LSALTA, such as in case of a service not being provided due to a Force Majeure Event arising during such Month.  For the avoidance of doubt, in the event where the Terminal Operator provides or makes available less than all of the Services subscribed to by the Shipper with any Service Confirmation in breach with its obligations excluding for the avoidance of doubt circumstances of Force Majeure for which GC 12 shall apply (the “Service Unavailability”), then the Capacity Charge for the relevant period shall be reduced pro rata the reduction in LNG Services, taking into account the allowed number of Reduced Service Days, as specified in AC 3.7. Terminal Operator shall issue a credit note to Shipper as soon as reasonably possible for any amount, invoiced according to the above, which turns out not to be due by Shipper pursuant to the provisions of this LSA. For the avoidance of doubt, unless relieved by another provision of this LSA LTA, the Monthly Capacity Charge is payable irrespective of whether Shipper actually uses the LNG Service it has subscribed via the Services Confirmation for that Month.  Invoices may be rendered electronically, or by letter or by telefax during normal office hours. The receipt of the invoice is deemed to have occurred the fifth (5th) Business Day following the date of the invoice.  At the end of the LSA LTA and each time the Shipper requests it, the Terminal Operator delivers a statement of account.  Each Party shall have a right to set-off any amount payable by the other with the amount that it has to pay to the other under this LSA LTA to the extent these amounts are payable, defined and undisputed.

Submission of invoice.  For any LNG Services subscribed by a Service Confirmation, as As from the Effective Date and insofar as Shipper has subscribed to at least one (1) LNG Service Start Date under this LTA, the Terminal Operator shall on the tenth (10th) Day of each Month (or the next Business Day if the tenth (10th) Day is not a Business Day) issue render an invoice to Shipper, showing: the Monthly Capacity Charge (as adjusted for any reduction in the Capacity Charge for reasons of Force Majeure under GC 12.3.2 or for the Service Unavailability under the last paragraph of this GC 7.1.1) of the current Month; any Demurrage Rate, due by Shipper under GC 10.1.5, which will be invoiced in the Month following the relevant Month to which it relates; any correction on the Monthly Capacity Charge and/or any Demurrage Rate paid by the Shipper for the previous Month(s); All invoices shall include a detailed calculation of the Monthly Capacity Charge(s), mentioning amongst others the performed LNG Services, the pricing formula and the values of the relevant parameters and indexes (if applicable), the invoicing date, the bank account information, the payment terms (including the time of payment), the currency (EUR) and the interest rates if applicable. Together with the invoice, the utilization rate of the LNG Services and a detailed summary table per performed LNG Service shall be communicated, particularly including the gas allocation and measurement results.  Terminal Operator shall issue a credit note to Shipper as soon as reasonably possible for any amount, invoiced according to the above, which turns out not to be due by Shipper pursuant to the provisions of this LSALTA, such as in case of a service not being provided due to a Force Majeure Event arising during such Month.  For the avoidance of doubt, in the event where the Terminal Operator provides or makes available less than all of the Services subscribed to by the Shipper with any Service Confirmation in breach with its obligations excluding for the avoidance of doubt circumstances of Force Majeure for which GC 12 shall apply (the “Service Unavailability”), then the Capacity Charge for the relevant period shall be reduced pro rata the reduction in LNG Services, taking into account the allowed number of Reduced Service Days, as specified in AC 3.7. Terminal Operator shall issue a credit note to Shipper as soon as reasonably possible for any amount, invoiced according to the above, which turns out not to be due by Shipper pursuant to the provisions of this LSA. For the avoidance of doubt, unless relieved by another provision of this LSA LTA, the Monthly Capacity Charge is payable irrespective of whether Shipper Xxxxxxx actually uses the LNG Service it has subscribed via the Services Confirmation for that Month.  Invoices may be rendered electronically, or by letter or by telefax during normal office hours. The receipt of the invoice is deemed to have occurred the fifth (5th) Business Day following the date of the invoice.  At the end of the LSA LTA and each time the Shipper requests it, the Terminal Operator delivers a statement of account.  Each Party shall have a right to set-off any amount payable by the other with the amount that it has to pay to the other under this LSA LTA to the extent these amounts are payable, defined and undisputed.