Payment of Monthly Bills. 10.3.1 SECI shall pay the amount payable under the Monthly Bill/Supplementary Bill by the Due Date to such account of the SPD, as shall have been previously notified by the SPD as below.
10.3.2 All payments required to be made under this Agreement shall also include any deduction or set off for:
i) deductions required by the Law; and
ii) amount claimed by SECI, if any, from the SPD, will be adjusted from the monthly energy payment. In case of any excess payment adjustment, the interest applicable will be same as rate of Late Payment surcharge will be applicable on day to day basis. The SPD shall open a bank account (the “SPD’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by SECI to the SPD, and notify SECI of the details of such account at least ninety (90) Days before the dispatch of the first Monthly Bill. SECI shall also designate a bank account at New Delhi ("SECI Designated Account") for payments to be made by the SPD to SECI, if any, and notify the SPD of the details of such account ninety (90) Days before the SCSD. SECI and the SPD shall instruct their respective bankers to make all payments under this Agreement to the SPD’s Designated Account or SECI’s Designated Account, as the case may be, and shall notify either Party of such instructions on the same day.
Payment of Monthly Bills. 2.2.1 The Buying Entity shall pay the amount payable under the Monthly Bill on or before the Due Date i.e. within 30 days of presentation of bill within official hours, to such account of SECI, as shall have been previously notified to the Buying Entity in accordance with Article 2.2.2 below.
Payment of Monthly Bills. 13.3.1 APDCL shall pay the amount payable under the monthly xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ Supplementary Xxxx is issued by the Solar Power Developer to APDCL to such account of the Solar Power Developer, as shall have been previously notified by the Solar Power Developer in accordance with article (c) of Clause 13.3.2 below. In case the monthly xxxx or any other xxxx, including a Supplementary Xxxx is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month.
Payment of Monthly Bills. 6.3.1 Buying Entity shall pay the amount payable under the Monthly Xxxx on the Due Date to such account of Buyer, as shall have been previously notified to Buying Entity in accordance with Article 6.3.2
Payment of Monthly Bills. 10.3.1 SECI shall pay the amount payable under the Monthly Xxxx/Supplementary Xxxx by the Due Date to such account of the SPD, as shall have been previously notified by the SPD in accordance with Article10.3.2 (iii) below.
Payment of Monthly Bills. 13.3.1 ESCOM shall pay the amount payable under the monthly xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the monthly xxxx/ Supplementary Xxxx is issued by the Developer to the ESCOM to such account of the Developer, as shall have been previously notified by the Developer in accordance with article (c) of Clause 13.3.2 below. In case the monthly xxxx or any other xxxx, including a Supplementary Xxxx is issued after the 15th (fifteenth) day of the next month, the Due Date for payment would be 5th (fifth) day of the next month to the succeeding Month.
13.3.2 All payments required to be made under this Agreement shall also include any deduction or set off for:
a) deductions required by the Law; and
b) amounts claimed by ESCOM, if any, from the Developer, through an invoice to be payable by the Developer, and not disputed by the Developer within fifteen (15) days of receipt of the said Invoice and such deduction or set-off shall be made to the extent of the amounts not disputed. It is clarified that ESCOM shall be entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15) Days period. The Developer shall open a bank account at ……………….. [Insert name of place] (the "Developer’s Designated Account") for all Tariff Payments (including Supplementary Bills) to be made by ESCOM to the Developer, and notify ESCOM of the details of such account at least 90 (ninety) days before the dispatch of the first monthly xxxx.
Payment of Monthly Bills a) On receipt of JMR/Energy Account along with CMRI data (of both meters) and bill, Superintending Engineer (Regulation) PGVCL shall verify the readings and subsequent share the same along with original bill and other relevant documents to PGVCL. PGVCL shall make payment of the amounts due in Indian Rupees within thirty (30) days from the date of receipt of the Tariff Invoice by the Chief Engineer (Project) PGVCL.
b) As defined under the PPA, 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 PGVCL. The Tariff Invoice shall include relevant documents. All payments required to be made under this Agreement shall also include any deduction or set off for:
i. deductions required by the Law; and
ii. Amount claimed by PGVCL, if any, from the SPG, will be adjusted from the monthly energy payment.
iii. Charges for net import of energy by the solar plant from the grid shall be as per HTP-III Tariff as per GERC
a) The SPG shall open a bank account (if not having any bank account) for all Tariff Payments to be made by PGVCL to the SPG and notify PGVCL of the details ofsuch account at least sixty (60) Days before the dispatch of the first Monthly Bill.
Payment of Monthly Bills. 10.3.1 NVVN shall pay the amount payable under the Monthly Xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the Monthly Xxxx/ Supplementary Xxxx is issued by the SPD to the NVVN to such account of the SPD, as shall have been previously notified by the SPD in accordance with Article iii) below. In case the Monthly Xxxx or any other xxxx, including a Supplementary Xxxx is issued after the (fifteenth) 15th day of the next month, the Due Date for payment would be (fifth) 5th day of the next month to the succeeding Month.
Payment of Monthly Bills. 6.3.1 The Buying Utility shall pay the amount payable under the Monthly Xxxx on the Due Date to such account of SECI, as shall have been previously notified to the Buying Utility in accordance with Article 6.3.2 below.
6.3.2 SECI shall open a bank account at New Delhi (“SECI’s Designated Account”) for all Tariff Payments to be made by the Buying Utility to SECI, and notify the Buying Utility of the details of such account at least ninety (90) Days before the dispatch of the first Monthly Xxxx. The Buying Utility shall also designate a bank account at [insert the place] (the “Buying Utility’s Designated Account”) for payments to be made by SECI to the Buying Utility, if any, and notify SECI of the details of such account ninety (90) Days before the dispatch of the first Monthly Xxxx. SECI and the Buying Utility shall instruct their respective bankers to make all payments under this Agreement to the Buying Utility’s Designated Account or SECI’s Designated Account, as the case may be, and shall notify either Party of such instructions on the same day.
Payment of Monthly Bills. 10.3.1 SECI shall pay the amount payable under the Monthly Bill/Supplementary Bill by the Due Date to such account of the HPD, as shall have been previously notified by the HPD as below.
