Common use of Xxxxxxxx and Payments Clause in Contracts

Xxxxxxxx and Payments. The Authority will submit bills to the Contractor on or before the tenth day of each billing period for electric service furnished during the preceding billing period, and payments will be due and payable by the Contractor on the first day of the billing period immediately succeeding the date each xxxx is submitted.

Xxxxxxxx and Payments. The Authority will submit bills to the Contractor on or before the tenth day of each billing period for electric service furnished during the preceding billing period, and payments will be due and payable by the Contractor on the first day of the billing period immediately succeeding the date each xxxx bill is submitted.