Relevant Month definition
Examples of Relevant Month in a sentence
Within thirty (30) Business Days after receipt of the Monthly Production Forecast, GM must notify Supplier in the form agreed by the Parties from time to time, as to the amount of the consolidated quantity of the Product all GM Buyers elect to acquire in the Relevant Month and confirm the Monthly Shipping Schedule for the Relevant Month and provide Supplier with the amount of Product to be shipped to each GM Buyer.
If GM does not give notice within the timeframe specified above, GM, for and on behalf of itself and all of the GM Buyers, shall be deemed to have declined to purchase the Product during the Relevant Month.
For any revision to be reflected in the Relevant Month’s payment, the Provider must provide its notification and evidence to UKPN within eight (8) Business Days from the date of issue of that Monthly Statement, and UKPN must notify the Provider that it agrees or disagrees with the evidence by not later than the eighteenth (18th) Business Day of the month following the Relevant Month.
Payments will be made by UK Power Networks to the DER Provider within [24] Business Days following the Relevant Month using the bank details given in the Provider’s DER Framework Agreement.
Estimates delivered for subsequent months shall contain a true up and adjustment for, to the greatest extent available at such time, the actual fees that become due during the applicable Relevant Month as compared to the estimate for such Relevant Month and will include supporting invoices or similar documentation from LMM with respect to prior months for which an estimated payment has been made.