Common use of Payment Posting Rules Clause in Contracts

Payment Posting Rules. (i) Payments will be applied to the oldest statements first. (ii) Payments will be applied on a pro-rata basis between SDG&E gas and electric energy/service charges in the following illustrative manner: Sample: Electric Gas Total ▇▇▇▇ Date 6/10/01 $100.00 $100.00 $200.00 % of Total 50% 50% 100% Payment 6/25/01 $50.00 $50.00 $100.00 % of Total 50% 50% 100%

Appears in 1 contract

Sources: Restated Letter Agreement (Sempra Energy)

Payment Posting Rules. (i) a. Payments will be applied to the oldest statements first. (ii) b. Payments will be applied on a pro-rata basis between SDG&E Utility gas and electric energy/service charges in the following illustrative manner: Sample: Electric Gas Total ▇▇▇▇ Bill Date 6/10/01 $100.00 $100.00 $200.00 % of Total 50% 50% 100% Payment 6/25/01 $50.00 $50.00 $100.00 % of Total 50% 50% 100%

Appears in 1 contract

Sources: Servicing Agreement