Common use of Timeliness of Payment Clause in Contracts

Timeliness of Payment. Unless otherwise agreed by the Parties, all invoices under this Agreement shall be due and payable in accordance with each Party’s invoice instructions on or before the later of the twentieth (20th) day of each month, or tenth (10th) day after receipt of the invoice or, if such day is not a Business Day, then on the next Business Day. The charges under applicable PG&E electric rate schedules will not be adjusted for any Customer as a result of actions taken based upon this Agreement.

Appears in 3 contracts

Samples: Demand Response Purchase Agreement, Demand Response Purchase Agreement, Demand Response Purchase Agreement

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Timeliness of Payment. Unless (a) Except as provided in subparagraph (b) or otherwise agreed by the Parties, all invoices under this Agreement shall be due and payable in accordance with each Party’s invoice instructions on or before the later of the twentieth (20th) day of each month, or tenth (10th) day after receipt of the invoice or, if such day is not a Business Day, then on the next Business Day. The charges under applicable PG&E electric rate schedules will not be adjusted for any Customer as a result of actions taken based upon this Agreement.

Appears in 2 contracts

Samples: Demand Response Purchase Agreement (Comverge, Inc.), Demand Response Purchase Agreement (Comverge, Inc.)

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