Common use of Overpayment Clause in Contracts

Overpayment. In the event that NYISO determines that a Prepayment exceeds the charges incurred or estimated to be incurred by Customer for purchases of Energy and Ancillary Services in the week for which the Prepayment is made, NYISO shall credit the difference toward Customer’s next Prepayment and shall notify Customer of the revised Prepayment Amount.

Appears in 22 contracts

Sources: Customer Prepayment Agreement, Customer Prepayment Agreement, Customer Prepayment Agreement