Due Date of Payment means the date on which the amount payable by the DISCOM to the solar power developer hereunder for Delivered Energy, if any, supplied during a billing month becomes due for payment, which date shall be thirty (30) days from the meter reading date provided the bill is received by DISCOM within 5 working days from meter reading date, and in the case of any supplemental or other bill or claim, if any, the due date of payment shall be thirty (30) days from the date of the presentation of such bill or claim to the designated officer of the DISCOM. If the last date of payment falls on a statutory holiday, the next working day shall be considered as last date.
Due Date of Payment in respect of a Tariff Invoice means the date, which is 30 (thirty) days from the date of receipt of such invoices by the designated official of the GUVNL.
Due Date of Payment means the date on which the amount payable by the DISCOM to the Solar Power Developer hereunder for Delivered Energy, if any, supplied during a Billing Month becomes due for payment, which date shall be thirty (30) days from the Meter Reading Date provided the bill is received by DISCOM within 5 working days from Meter Reading Date, and in the case of any supplemental or other bill or claim, if any, the Due Date of Payment shall be thirty (30) days from the date of the presentation of such bill or claim to the designated officer of the DISCOM. If the last date of payment falls on a holiday, the next working day shall be considered as last date.
Examples of Due Date of Payment in a sentence
Any payment made beyond the Due Date of Payment, the DISCOM shall pay simple interest at prevailing base Prime Lending Rate of State Bank of India and in case this rate is reduced/increased, such a reduced/increased rate is applicable from the date of reduction.
Any payment made beyond the Due Date of Payment, DISCOM shall pay interest at prevailing SBI bank rate and in case this rate is reduced, such reduced rate is applicable from the date of reduction.
More Definitions of Due Date of Payment
Due Date of Payment in respect of a Tariff Invoice means the date, which is 30th day from the date of receipt of such invoices by the designated official of the DISCOM.
Due Date of Payment means in relation to any invoice the day falling 30 Days after the date upon which such invoice is submitted. If such day is not a business day, the immediately succeeding business day will be considered as due date for payment;
Due Date of Payment means with respect to any bill, the date by which the amount of such bill is required to be paid. This date shall in case of any monthly bill for any Billing Month and/or supplementary bill, be sixty (60) days from the Date of Presentation of the Bill by the Company to the HPSEBL or vice versa. If such due date happens to be a holiday, the next working day shall be treated as the Due Date of Payment.
Due Date of Payment means the date on which the amount payable by the DISCOM to the WtE Developer hereunder for Delivered Energy, if any, supplied during a Billing Month becomes due for payment, which date shall be thirty (30) days from the Meter Reading Date provided the xxxx is received by DISCOM within 5 working days from Meter Reading Date, and in the case of any supplemental or other xxxx or claim, if any, the Due Date of Payment shall be thirty (30) days from the date of the presentation of such xxxx or claim to the designated officer of the DISCOM. If the last date of payment falls on a holiday, the next working day shall be considered as last date.
Due Date of Payment means with respect to any xxxx, the date by which the amount of such xxxx is required to be paid. This date shall in case of any monthly xxxx for any Billing Month and/or supplementary xxxx, be sixty (60) days from the Date of Presentation of the Xxxx by the Company to the HPSEBL or vice versa. If such due date happens to be a holiday, the next working day shall be treated as the Due Date of Payment.
Due Date of Payment in respect of a Invoice/Xxxx means the date, which is 30 (thirty) days from the date of receipt of such invoices at the designated office of the PSPCL. If such day is not a business day, the immediately succeeding day shall be the due date.
Due Date of Payment in respect of a Monthly Invoice means the date, which is 15 (fifteen) days from the date of receipt of such invoices by the designated official of the …..ESCOM