Provisional Invoices definition
Examples of Provisional Invoices in a sentence
On receipt of the Subscriber Report from the Operator for the months in which SPN Distribution raises and receives Monthly License Fee on the basis of Provisional Invoices, the Parties shall conduct reconciliation between the Provisional Invoices raised by SPN Distribution and the actual Monthly License Fee payable by the Operator in accordance with the Subscriber Reports.
On the third (3rd) Business Day of each week during the Term, Vitol shall prepare and deliver to Coffeyville an invoice (the “True-Up Invoice”) that corrects the Provisional Invoices issued since the date of the last True-Up Invoice to reflect the actual prices and actual volumes applicable to each component of the Transfer Price for each Crude Oil Withdrawal.
In addition, if the actual volume of a Crude Oil Lot differs from the volumes used in calculating the Provisional Invoices, then the true-up for such volume correction shall use the Transfer Prices applicable to such Crude Oil Lot.
However, Executive specifically acknowledges that the Company has no pension plan in effect as of the Effective Date.
Such Provisional Invoices shall identify the estimated volume and grade of Crude Oil to be delivered at the applicable Delivery Point.
In case of Passenger Sample ▇▇▇▇▇▇▇▇, SIS supports an option to generate a consolidated SIS-Format Payables file containing Sample Provisional Invoices raised by other SIS Members on a monthly basis.
Within [***] after the end of each calendar month M, Seller shall send Buyer a statement (“True-Up Statement”) showing the difference, if any, between (i) the sum of the [***], including the [***] and (ii) the amounts paid by Buyer per the Provisional Invoices for month M.
The “Payment Due Dates” for Provisional Invoices will be as follows: [***] If any Payment Due Date or other payment date due hereunder should fall on a Saturday, Sunday, or bank holiday, then such payment shall be made on the nearest preceding Business Day.
For waterborne deliveries, volumes shall be estimated based on the most current delivery schedules in the Provisional Invoices.
For deliveries via pipeline, truck, and/or ex-tank, the Parties presume that such deliveries are ratable throughout month M for purposes of estimating volumes in the Provisional Invoices.