Presentation and Payment. Unless otherwise agreed to in writing by the Parties: (a) Seller shall submit an invoice to Buyer for the Monthly Capacity Payment no later than twenty-five (25) days after the end of each calendar month during the Term; (b) the invoice shall identify each input on the bill which is based upon an estimate, in whole or in part; (c) invoices shall be delivered to Buyer by email, facsimile or by other means pursuant to Section 19.2; (d) all such invoices shall be due and payable in immediately available funds via wire transfer no later than fifteen (15) days after the date on which such invoice is delivered (such date, the “Due Date”); and (e) any amounts not paid by the Due Date shall be deemed delinquent and shall accrue interest from the Due Date to the date of payment at a per annum rate of interest equal to the sum of (x) the prime lending rate as may from time to time be published in The Wall Street Journal under “Money Rates” as the same may change from to time (or if not published on such day on the most recent preceding day on which published), or any other periodical that may be agreed upon in writing from time to time and (y) two (2) percentage points (such sum, the “Interest Rate”).
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