Payment Mechanism. 6.2.1. The payment shall be made to the AMISP in Indian Rupees (INR) only. 6.2.2. The payment to the AMISP shall commence only after: (i) Delivery, site installation and commissioning of Network Operations cum Monitoring Centre with related hardware, software and equipment; and (ii) Delivery, site installation, integration and operationalization of first lot of [5]% Smart Meters each with related hardware, software and equipment and successful Operational Go-Live of the system as defined in this Contract. 6.2.3. The payments due to the AMISP from the Utility shall be paid on monthly basis as per the following payment structure:
Appears in 2 contracts
Sources: Appointment of Ami Service Provider for Smart Prepaid Metering, Appointment of Ami Service Provider for Smart Prepaid Metering
Payment Mechanism. 6.2.1. The payment shall be made to the AMISP in Indian Rupees (INR) only.
6.2.2. The payment to the AMISP shall commence only after: (i) Delivery, site installation and commissioning of Network Operations cum Monitoring Centre with related hardware, software and equipment; and (ii) Delivery, site installation, integration and operationalization of first lot of [5]% Smart Meters each with related hardware, software and equipment and successful Operational Go-Live of the system as defined in this Contract.
6.2.3. The payments due to the AMISP (AMISP Monthly Fee) from the Utility shall be paid on monthly basis as per the following payment structure:
Appears in 2 contracts
Sources: Contract for Appointment of Advanced Metering Infrastructure (Ami) Service Provider, Contract for Appointment of Advanced Metering Infrastructure (Ami) Service Provider