Common use of Calculating Tax Invoices for Distribution Service charges Clause in Contracts

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will obtain reconciliation information from the reconciliation manager 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 EIEPs 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 and demand volume information from the Retailer using: (i) the as-billed, incremental normalised, replacement normalised and 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 arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer and other relevant information that, subject to paragraph (d), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. The Retailer will, if necessary, advise the reconciliation manager that the Retailer agrees to the Distributor obtaining its reconciliation information; (d) the Retailer will provide to the Distributor, within 5 Working Days after the end of each month, any information additional to that obtainable by the Distributor from the reconciliation manager that the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by the Retailer. Such information will be provided using the appropriate EIEP; and (e) the Distributor will calculate the charges based on the Tariff Rates that apply to each ICP to which the Tax Invoice relates.

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will obtain reconciliation information from the reconciliation manager 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 EIEPs 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 and demand volume information from the Retailer using: (i) the as-billed, incremental normalised, replacement normalised and 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 arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer and other relevant information that, subject to paragraph (d), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. The Retailer will, if necessary, advise the reconciliation manager that the Retailer agrees to the Distributor obtaining its reconciliation information; (d) the Retailer will provide to the Distributor, within 5 Working Days after the end of each month, any information additional to that obtainable by the Distributor from the reconciliation manager that the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by the Retailer. Such information will be provided using the appropriate EIEP; and (e) the Distributor will calculate the charges based on the Tariff Rates that apply to each ICP to which the Tax Invoice relates.

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will obtain reconciliation information from the reconciliation manager 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 EIEPs 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 and demand volume information from the Retailer using: (i) the as-billed, incremental normalised, replacement normalised and or 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 arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer and other relevant information that, subject to paragraph (dd)(d), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. The Retailer will, if necessary, advise the reconciliation manager that the Retailer agrees to the Distributor obtaining its reconciliation information; (d) the Retailer will provide to the Distributor, within 5 Working Days after the end of each month, any information additional to that obtainable by the Distributor from the reconciliation manager that the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by the Retailer. Such information will be provided using the appropriate EIEP; and (e) the Distributor will calculate the charges based on the Tariff Rates that apply to each ICP to which the Tax Invoice relates.

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will obtain reconciliation information from the reconciliation manager 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 EIEPs 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 and demand volume information from the Retailer using: (i) : either the as-billed, incremental normalised, replacement normalised and normalised, or incremental replacement normalised 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 arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer and other relevant information that, subject to paragraph (d), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. The Retailer will, if necessary, advise the reconciliation manager that the Retailer agrees to the Distributor obtaining its reconciliation information; (d) the Retailer will provide to the Distributor, within 5 Working Days after the end of each month, any information additional to that obtainable by the Distributor from the reconciliation manager that the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by the Retailer. Such information will be provided using the appropriate EIEP; and (e) the Distributor will calculate the charges based on the Tariff Rates that apply to each ICP chargeable quantity to which the Tax Invoice relates. In respect of replacement normalised consumption information, the Retailer will provide revised consumption information within 5 Working Days after the end of the month in which revised submission information was provided by the Retailer to the reconciliation manager, and the Distributor will issue a Credit Note or Debit Note to the Retailer reflecting the revised consumption information. Late, incomplete, or incorrect information: If the Retailer does not provide information to the Distributor in accordance with clause 11.1 by the 5th Working Day after the last day of the month to which the Tax Invoice relates, or any information provided by the Retailer is incomplete or materially incorrect, the Distributor may estimate, in accordance with Good Electricity Industry Practice, the Retailer’s Tax Invoice for Distribution Services. Issuing of Tax Invoices: The Distributor will issue Tax Invoices for Distribution Services as follows: the Distributor will invoice the Retailer within 10 Working Days after the last day of the month to which the Tax Invoice relates; at the same time as it provides a Tax Invoice, the Distributor will provide to the Retailer, in accordance with the relevant EIEP, sufficiently detailed information to enable the Retailer to verify the accuracy of the Tax Invoice; and if late, incomplete, or incorrect information is provided and the Tax Invoice is estimated in accordance with clause 11.2 on the basis of that information, the Distributor will issue a Credit Note or Debit Note in the month after it receives additional or revised consumption information, at the same time as the Distributor issues a Tax Invoice to the Retailer for its Distribution Services charges for that month. Due date for payment: The settlement date for each Tax Invoice issued by the Distributor will be the 20th day of the month in which the Tax Invoice is received, or if the 20th day of the month is not a Working Day, the first Working Day after the 20th day. However, if the Distributor fails to send a Tax Invoice to the Retailer within 10 Working Days after the last day of the month to which the Tax Invoice relates, the due date for payment will be extended by 1 Working Day for each Working Day that the Tax Invoice is late. Other invoices: If applicable, the Distributor may issue the Retailer with: a Tax Invoice for payment for Additional Services, Service Guarantee payments and any other sums due to the Distributor under this agreement; and a Credit Note for payment of Service Guarantee payments due to the Retailer. If applicable, the Retailer may issue the Distributor with a Tax Invoice for Service Guarantee payments and any other sums due to the Retailer under this Agreement. Any Tax Invoice or Credit Note under clause 11.5(a) or (b) will be issued within 10 Working Days of the end of the month to which the Tax Invoice or Credit Note relates. The Settlement date for any Tax Invoice issued under clause 11.5(a) or (b) is the 20th day of the month in which the Tax Invoice is received, or if the 20th day of the month is not a Working Day, the first Working Day after the 20th day. If the Distributor or the Retailer (as the case may be) fails to send a Tax Invoice to the Retailer or the Distributor (as the case may be) within 10 Working Days after the last day of the month to which the Tax Invoice relates, the due date for payment will be extended by 1 Working Day for each Working Day that the Tax Invoice is late.

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will obtain reconciliation information from the reconciliation manager 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 EIEPs 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 and demand volume information from the Retailer using: (i) the as-billed, incremental normalised, replacement normalised and 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 arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer and other relevant information that, subject to paragraph (d), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. The Retailer will, if necessary, advise the reconciliation manager that the Retailer agrees to the Distributor obtaining its reconciliation information; (d) the Retailer will provide to the Distributor, within 5 Working Days after the end of each month, any information additional to that obtainable by the Distributor from the reconciliation manager that the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by the Retailer. Such information will be provided using the appropriate EIEP; and (e) the Distributor will calculate the charges based on the Tariff Rates that apply to each ICP to which the Tax Invoice relates.

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will obtain reconciliation information from the reconciliation manager 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 EIEPs 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 and demand volume information from the Retailer using: (i) the as-billed, incremental normalised, replacement normalised and or 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 arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer and other relevant information that, subject to paragraph (d), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. The Retailer will, if necessary, advise the reconciliation manager that the Retailer agrees to the Distributor obtaining its reconciliation information; (d) the Retailer will provide to the Distributor, within 5 Working Days after the end of each month, any information additional to that obtainable by the Distributor from the reconciliation manager that the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by the Retailer. Such information will be provided using the appropriate EIEP; and (e) the Distributor will calculate the charges based on the Tariff Rates that apply to each ICP to which the Tax Invoice relates.

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will obtain reconciliation information from the reconciliation manager 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 EIEPs EIEP 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 and demand volume information from the Retailer using: (i) the [as-billed, ] [incremental normalised, ] [replacement normalised and normalised] [incremental replacement normalised 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 arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer and other relevant information that, subject to paragraph (d), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by Retailer. The Retailer will, if necessary, advise the reconciliation manager that the Retailer agrees to the Distributor obtaining its reconciliation information; (d) the Retailer will provide to the Distributor, within 5 Working Days after the end of each month, any information additional to that obtainable by the Distributor from the reconciliation manager that the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by the Retailer. Such information will be provided using the appropriate EIEP; and (e) the Distributor will calculate the charges based on the Tariff Rates that apply to each ICP chargeable quantity to which the Tax Invoice relates. In respect of [replacement normalised] [incremental replacement normalised] consumption information, the Retailer will provide revised consumption information within 5 Working Days after the end of the month in which revised submission information was provided by the Retailer to the reconciliation manager, and the Distributor will issue a Credit Note or Debit Note to the Retailer reflecting the revised consumption information.

Calculating Tax Invoices for Distribution Service charges. The Retailer will Trader must provide consumption informationinformation to the Distributor, and the Distributor will obtain reconciliation information from the reconciliation manager and the Distributor will must calculate Distribution Services charges payable by the RetailerTrader, in accordance with the following: (a) the Retailer will Trader must provide to the Distributor, by 5:00pm on the 5th Working Day after the end of each month, and in accordance with the EIEPs set out in paragraph (b), Distributor all information that the Distributor reasonably requires to enable it to calculate the Distribution Services charges payable by the Retailer Trader to the DistributorDistributor in accordance with EIEP1, EIEP2 and EIEP3; (b) the parties acknowledge that Trader must provide the Distributor’s Pricing Policy information by the dates and Methodology is based on it receiving consumption and demand volume information from times specified in the Retailer using: (i) the as-billed, incremental normalised, replacement normalised and incremental replacement normalised reporting methodology, as that methodology is defined in EIEP 1relevant EIEP; (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 must arrange with the reconciliation manager for the reconciliation manager to provide the Distributor with reconciliation information attributable to the Retailer Trader and other relevant information that, subject to paragraph (db), the Distributor reasonably requires to enable it to calculate its Tax Invoice for Distribution Services charges payable by RetailerTrader. The Retailer willTrader must, if necessary, advise the reconciliation manager that the Retailer Trader agrees to the Distributor obtaining its reconciliation information; (d) the Retailer will provide to parties acknowledge that the Distributor’s Pricing Structure is based on the Distributor receiving consumption volume information from the Trader using: (i) the EIEP1 replacement RM normalised reporting methodology for information in respect of mass market ICPs for which the Distributor has specified time-blocked periods for the application of Prices; (ii) summary consumption information as described in EIEP2; and (iii) information in respect of half hour ICPs as described in EIEP3 for which the Distributor has specified half hour metering information for the application of Prices, within 5 Working Days after the end of each month, any information additional to that obtainable or where time blocked periods are specified by the Distributor from for the reconciliation manager that application of Prices and the Distributor reasonably requires Trader has agreed in writing to enable it to calculate its Tax Invoice for Distribution Services charges payable by the Retailer. Such information will be provided using the appropriate EIEPprovision of half hour metering information; and (e) the Distributor will must calculate the charges based on the Tariff Rates Prices that apply to each ICP chargeable quantity to which the Tax Invoice relates. In respect of replacement RM normalised consumption information, the Trader must provide revised consumption information to the Distributor in accordance with EIEP1, EIEP2, or EIEP3, as relevant.