Examples of Billing Month in a sentence
Commencing with the Start Date and continuing for the term of this Agreement, Buyer shall pay Seller for Capacity that Seller delivers to Buyer for the applicable Billing Month in accordance with Buyer’s QF-24 Standard Rate.
Commencing with the Start Date and continuing for the term of this Agreement, Buyer shall pay Seller for Delivered Energy for the applicable Billing Month in accordance with Buyer’s QF-24 Standard Rate.
If such an estimate is used, an adjustment shall be made if necessary to the next Billing Month Statement issued after the date upon which actual data is determined to correct the prior Billing Month estimate.
As soon as practicable after the end of each Billing Month, Buyer shall submit to Seller a statement (“Statement”) which shall identify any amounts owed by Buyer or Seller pursuant to Section 7 of this Agreement, during such Billing Month.
Any amounts due to or from Buyer and Seller at the end of a Billing Month shall be netted and only the balance due shall be payable by Buyer or Seller, as applicable.