Billing Information and Payment Sample Clauses

The "Billing Information and Payment" clause defines the obligations and procedures related to invoicing and the settlement of payments between parties. It typically outlines how and when invoices must be issued, the acceptable methods of payment, and the timeframe within which payments are due. For example, it may require the client to provide accurate billing details and stipulate that payment must be made within 30 days of receiving an invoice. This clause ensures both parties have a clear understanding of financial expectations, reducing the risk of disputes over payment terms and helping to maintain smooth business operations.
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Billing Information and Payment. Deleted: i 11.1 Calculating Tax Invoices for Distribution Service charges:
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Billing Information and Payment. Clause 9.1 of the draft DDA requires the trader to provide information to enable the Distributor to calculate Distribution Services charges and prepare Tax Invoices, in accordance with Schedule 2. In some cases however, the Distributor may prefer to use their own information. As such, WEL’s agreement contains the clause that (b) The Distributor may elect, by notice to the Retailer, to use its own information to calculate all or part of the Distribution Services charges payable by the Retailer in accordance with this clause 11. Similarly Vector’s negotiated agreement provides for a pro forma tax invoice to be issued prior to the actual, which is the billing approach for Vector’s Northern network and the preferred billing method for some retailers on Vector’s Auckland network. It would be preferable for the DDA to allow Distributors and Traders to continue their mutually agreed billing approaches, and in any case continue to use their own information and/or estimates having given the trader notice. This avoids having to “wait and see” if the retailer provides its data on time before estimating the tax invoice. In some cases, the ability for the distributor to estimate the invoice may be more timely and efficient.
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Billing Information and Payment. 11.1 Calculating Tax Invoices for Distribution Service charges: [The Retailer will provide consumption information, and the Distributor will calculate Distribution Services charges payable by the Retailer, in accordance with the following: (a) the Retailer will provide to the Distributor, by 5:00pm on the 5th Working Day after the end of each month, and in accordance with the EIEP[s] set out in paragraph (b), all information that the Distributor reasonably requires to enable it to calculate the Distribution Services charges payable by the Retailer to the Distributor; (b) the parties acknowledge that the Distributor’s Pricing Policy and Methodology is based on it receiving consumption volume information from the Retailer using:‌ (i) [the [as-billed] [incremental normalised] [replacement normalised] [incremental replacement normalised] reporting methodology, as that methodology is defined in EIEP 1;] (ii) [summary consumption information as described in EIEP 2; and] (iii) [information in respect of half-hour metered ICPs as described in EIEP 3; and] (c) the Distributor will calculate the charges based on the Tariff Rates that apply to each chargeable quantity to which the Tax Invoice relates.
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Billing Information and Payment 
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Related to Billing Information and Payment

  • Services and Payment Consultant agrees to undertake and complete the Services (as defined in Exhibit A) in accordance with and on the schedule specified in Exhibit A. As the only consideration due Consultant regarding the subject matter of this Agreement, Company will pay Consultant in accordance with Exhibit A.

  • Collection and Payment The Trustees shall have power to collect all property due to the Trust; to pay all claims, including taxes, against the Trust Property or the Trust, the Trustees or any officer, employee or agent of the Trust; to prosecute, defend, compromise or abandon any claims relating to the Trust Property or the Trust, or the Trustees or any officer, employee or agent of the Trust; to foreclose any security interest securing any obligations, by virtue of which any property is owed to the Trust; and to enter into releases, agreements and other instruments. Except to the extent required for a corporation formed under the Delaware General Corporation Law, the Shareholders shall have no power to vote as to whether or not a court action, legal proceeding or claim should or should not be brought or maintained derivatively or as a class action on behalf of the Trust or the Shareholders.

  • Billing and Payments Transmission Provider shall bill the Interconnection Customer for the Costs associated with the facilities contemplated by this ISA, estimates of which are set forth in the Specifications to this ISA, and the Interconnection Customer shall pay such Costs, in accordance with Section 11 of Appendix 2 to this ISA and the applicable Interconnection Construction Service Agreement. Upon receipt of each of Interconnection Customer’s payments of such bills, Transmission Provider shall reimburse the applicable Interconnected Transmission Owner. Pursuant to Section 212.4 of the Tariff, Interconnection Customer requests that Transmission Provider provide a quarterly cost reconciliation:

  • Billing and Payment The Price will be itemized and included on your bill from the DSP and is due and payable to the DSP on the same day your DSP bill is due. You will continue to be billed by your DSP taxes and other charges consistent with filed tariffs at the Illinois Commerce Commission to transmit and distribute the Retail Power supplied to you per this Agreement. You should continue to follow any bill payment procedures set forth between you and the DSP. You agree to accept the measurements as determined by the DSP for purposes of accounting for the amount of Retail Power services provided by Homefield Energy under this Agreement. If the DSP is unable to read your meter, the DSP will estimate your usage and your charges will be calculated accordingly and adjusted on a future bill. Homefield Energy’s ability to supply you under this Agreement is conditioned on the DSP accepting Homefield Energy’s enrollment of your account for consolidated billing and purchase of receivables by the DSP. If you are not eligible for your DSP’s consolidated billing and purchase of receivables, you will need to secure eligibility with your DSP before Homefield Energy can serve you. Should the DSP cease providing consolidated billing and purchase of receivables for your account and/or commence billing Homefield Energy for any charges relating to you, Homefield Energy will bill you directly and you will pay Homefield Energy for all such charges pursuant to the payment provisions specified in Homefield Energy’s bill.