Fortnightly Invoice definition

Fortnightly Invoice means the invoice rendered to the Buyer by the Sellers in accordance with Article 7.1.
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Fortnightly Invoice shall be as specified in Clause 8.1.
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Fortnightly Invoice has the meaning given to such term in Clause 3.4.
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Examples of Fortnightly Invoice in a sentence

  • If, or to the extent that, such claims are found to be correct by the Sellers the same shall be refunded by the Sellers to the Buyer or adjusted against the next Fortnightly Invoice.

  • In case the value of a Fortnightly Invoice is less than the Liquidated Damages due then any Liquidated Damages on which credit cannot be provided shall be carried forward to the next Fortnightly Invoice and shall be adjusted against the payments for Transmission Charges in subsequent Fortnightly Invoices.

  • All Taxes applicable over and above the Price set out in Article 6.1 above shall be passed on to the Buyer by the Sellers and shall be borne by the Buyer and such Taxes shall be applied, charged and invoiced by the Sellers in the Fortnightly Invoice issued to the Buyer under Article 7.1. Any future revision, imposition, levy or assessment of Taxes shall become applicable immediately and the Buyer shall be liable to bear and pay such revised Taxes over and above the Price with immediate effect.

  • All Taxes applicable over and above the Price set out in Article 6.1 above shall be passed on to the Buyer by the Sellers and shall be borne by the Buyer and such Taxes shall be applied, charged and invoiced by the Sellers in the Fortnightly Invoice issued to the Buyer under Article 7.

  • The Sellers shall undertake such checks/Calibration of the Measurement Equipment as soon as reasonably practicable after the receipt of intimation from the Buyer in writing and invoice the Buyer for the same in the next Fortnightly Invoice.

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  • In case, the value of a Fortnightly Invoice is less than the Liquidated Damages due then any Liquidated Damages on which credit cannot be provided shall be carried forward to the next Fortnightly Invoice and shall be adjusted against the payments for Transportation Payment in subsequent Fortnightly Invoices.

  • Any negative difference between the sums payable as calculated in accordance with Clause 8.3(b)(i) and the sums payable after verification in accordance with this Clause 8.3(c) shall be included as an adjusted item in the following Fortnightly Invoice.

  • If the amount paid by the Shipper in settlement of the provisional Fortnightly Invoice is more than the amount payable as per the final Fortnightly Invoice Shipper shall adjust such difference in the following Fortnightly Invoice.

  • For any positive difference between the sums payable as calculated in accordance with Clause 8.3(b)(i) and the sums payable after verification in accordance with this Clause 8.3(c), Transporter shall issue a credit note which amount Shipper may adjust in the following Fortnightly Invoice payment.


More Definitions of Fortnightly Invoice

Fortnightly Invoice has the meaning given to such term in Clause 8.1. “Framework Agreement” has the meaning given to such term in the Preamble. “Framework Agreement End Date” means 31st March 2025
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Related to Fortnightly Invoice

  • Monthly Invoice means an invoice issued in accordance with section 21 by MDL or the Incentives Pool Trustee to a Shipper or Welded Party for all Charges payable in respect of the previous Month by that Shipper or Welded Party, together with any outstanding amounts in respect of any Month prior to the previous Month.

  • Valid Invoice means an invoice containing the detailed information set out in clause C2 (Payment and VAT).

  • Invoice means a Contractor’s claim for payment. At the Agency’s discretion, claims may be submitted on an original invoice from the Contractor or may be submitted on a claim form acceptable to the Agency, such as a General Accounting Expenditure (GAX) form.

  • Final Invoice is defined in Section 9.10(a).

  • Proper Invoice means a written request for Payment that is submitted by a Contractor setting forth the description, price or cost, and quantity of goods, property or services delivered or rendered, in such form, and supported by such other substantiating documentation, as NYSERDA may reasonably require, including but not limited to any requirements set forth in Exhibits A or B to this Agreement; and addressed to NYSERDA’s Controller, marked “Attention: Accounts Payable,” at the Designated Payment Office.

  • Tax Invoice means the document as required by Section 20 of the VAT Act, as may be amended from time to time;

  • Invoices means Consumption Invoices, Reconciliation Invoices or invoices in respect of any other Charges due to us from you pursuant to this Supply Contract;

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Invoice Due Date means, with respect to a Quarterly Payment Cycle, the tenth (10th) day of the month immediately succeeding Energization or the month immediately succeeding the conclusion of a Quarterly Period contained within such Quarterly Payment Cycle, consistent with Section 3.4.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Invoice Date has the meaning set forth in Section 6.2.

  • EXXXX means the Commission’s Electronic Data Gathering, Analysis and Retrieval System.

  • Contract Month means the expiry month January, February, March, April, May, June, July, August, September, October, November, .

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Shipment means a volume of products offered to and accepted by Carrier for transportation.

  • Working Days means any day other than a Saturday, Sunday or public holiday in England and Wales; and

  • Total Service Charges means all charges, after application of all discounts and credits, incurred by Customer for Services provided under this Agreement, excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international access that is passed-through (Type 3/PTT) or provided by Company (Type 1), charges for security services provided by a Cybertrust Security Service Provider listed in the Guide, and other charges expressly excluded by this Agreement.

  • Disputed Items has the meaning specified in Section 2.7(c).

  • Program Costs means all necessary and incidental costs of providing program services.

  • Local school operating revenue means school operating taxes levied under section 1211 of the revised school code, MCL 380.1211. For a receiving district, if school operating taxes are to be levied on behalf of a dissolved district that has been attached in whole or in part to the receiving district to satisfy debt obligations of the dissolved district under section 12 of the revised school code, MCL 380.12, local school operating revenue does not include school operating taxes levied within the geographic area of the dissolved district.

  • Sales Report means a report in substantially the form set forth in Exhibit B “Royalty Report Form”.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Billing Date means the date upon which the monthly statement is generated and debited to the customer's account.

  • Calendar Week means any period of seven days starting with the same day as the first day of the First Assignment;

  • Forecast means the hourly forecast of (a) the total electric energy production of the Generating Facility (in MWh) when the Generating Facility is not PIRP-eligible or Buyer is not Scheduling Coordinator net of the Site Host Load and Station Use, or (b) the available total generation capacity of the Generating Facility (in MW) when the Generating Facility is PIRP-eligible and Buyer is Scheduling Coordinator net of the Site Host Load and Station Use.

  • Undisputed as used herein shall mean any amount that the Subscribing Reinsurer has not contested in writing to the Company specifying the reason(s) why the payments are disputed.