Terms of Payment and Billing a) In compliance with the Business Terms, the Balance Responsible Party is obligated, within 10 days after this Agreement has come into force, to establish with its account maintained by a bank or its branch in the territory of the Czech Republic cash collection rights for the Market Operator and to the relevant accounts listed under Article 1 of this Agreement, and to provide the Market Operator with proof of having established these rights.
Terms of Payment and Billing a) In compliance with the Business Terms, the Subject of Settlement is obligated, within 10 days after this Agreement has come into force, to establish with its account maintained by a bank or its branch in the territory of the Czech Republic cash collection rights for the Market Operator and its accounts listed under Article 1 of this Agreement, and to provide the Market Operator with proof of having established these rights. The Market Operator holds the rights to collect cash from the Subject of Settlement’s account with the aim to secure due payments from the Subject of Settlement pursuant to Article 5 of this Agreement and to letter b) of Article 7 of this Agreement.
Terms of Payment and Billing a) In compliance with the Business Terms, the Trader is obligated, within 10 days after this Agreement has come into force, to establish with its account maintained by a bank or its branch in the territory of the Czech Republic cash collection rights for the Market Operator and its accounts No. 19-5582760247/0100 and 27-5868540207/0100, possibly to the settlement accounts for the day-ahead spot electricity market in EUR listed under Article 1 of this Agreement, and to provide the Market Operator with proof of having established these rights.
Terms of Payment and Billing. 4.1 Customer shall be invoiced by CTRA on a monthly basis and each invoice is due and payable thirty (30) days from the date of the invoice.
Terms of Payment and Billing. Where credit is extended to Buyer, terms of payment shall be net thirty (30) days from date of invoice. Notwithstanding any statement of terms or time of payment to the contrary appearing on the face of the purchase order, Seller reserves the right to require payment in advance of shipment or to ship C.O.D. In the event Buyer fails to pay any invoice when due, in addition to any other right reserved hereunder, Seller reserves the right to suspend or limit performance until all past due sums are paid. It is agreed that risk of loss and title to any Goods described herein, excluding any Software or third party licensed products, shall pass to Buyer at the time and place at which Seller ships the Goods.
Terms of Payment and Billing a) The BEM Participant is obligated, within 10 days after this Agreement has come into force, to establish with its account maintained by a bank or its branch in the Czech Republic cash collection rights for the Market Operator and its account No. 27-5868540207/0100 and to provide the Market Operator with proof of having established these rights.
Terms of Payment and Billing. A. Contractor shall send and receive all correspondence and submittals under this Contract in electronically usable format as follows:
Terms of Payment and Billing a) The BMR Participant is obligated, within 10 days after this Agreement has come into force, to establish with its account maintained by a bank or its branch in the Czech Republic cash collection rights for the Market Operator and its account No. 27- 5868540207/0100 and to provide the Market Operator with proof of having established these rights. The Market Operator holds the rights to collect cash from the BMR Participant’s account with the aim to secure from the BMR Participant due payments as reported to the Market Operator by the transmission system operator under the Market Rules.
