Wash-Ups. Both the Distributor and the Retailer recognise that due to the cyclical nature of meter reading it is impractical to provide completely accurate data for consumption and demand (as applicable) in relation to each ICP within the timeframe required for the provision of data by the Retailer under clause 11.3. The parties therefore agree that it is necessary to provide a structure for a subsequent “wash-up” adjustment to be made following the updated data being provided to the Distributor.
Wash-Ups. Subject to clause 8.5, the Distributor will revise the Charges from time to time to reflect more complete and accurate billing information provided to the Distributor after the period provided for in clause 9.4, at the frequency and to the extent set out in the Billing and Settlement Policies. The Distributor will issue invoices, debit notes and credit notes (as the case may require) to reflect any resulting revisions to the Charges, plus a Use of Money Adjustment applied in accordance with the Billing and Settlement Policies.
Wash-Ups. Where complete and accurate information (including, without limitation, consumption information or adjusted reconciliation information (as applicable to the pricing methodology)) is received by the Distributor after the period provided for in clause 11.1, or corrected consumption information and/or reconciliation information to replace the earlier information used for invoicing is provided, the Distributor will provide an invoice or credit note (as the case may be) for the wash-up amount for settlement plus a Use of Money Adjustment (as set out in Schedule 12). The settlement date for the wash-up amount will be the 20th day of the month after the date of the invoice, or credit note (as the case may be).
Wash-Ups. All employees shall be granted reasonable wash-up time in accordance with Article 8.9 of the National Agreement
Wash-Ups. Where complete and accurate injection information, or adjusted reconciliation information (where applicable to the pricing methodology) is provided after the 7th Working Day or corrected injection information and/or reconciliation information to replace the earlier information used for invoicing is provided, the appropriate Party will provide an invoice for the wash-up amount for settlement plus a Use of Money Adjustment in the next monthly billing cycle. The settlement date for the wash-up amount will be 6 Working Days from the wash-up invoice date. Unless the charging methodology states otherwise or it is agreed otherwise, no wash-up will occur more than 24 months after the original invoice date.
