Common use of Variable Charges Clause in Contracts

Variable Charges. With respect to the variable charges, where the Retailer provides a new file of consumption data after the due dates specified in 11.3, the Distributor will re-allocate variable charges within 3 months and 14 months after the original billing date based on any retrospective data that becomes available. No re-allocation of charges will be retrospectively adjusted after more than 14 months has elapsed from the original billing date. The Tax Invoice may, at the Distributor’s option, either be:

Variable Charges. With respect to the variable charges, where the Retailer provides a new file of consumption data after the due dates specified in 11.3, the Distributor will re-allocate variable charges within 3 months and 14 months after the original billing date based on any retrospective data that becomes available. No re-allocation of charges will be retrospectively adjusted after more than 14 months has elapsed from the original billing date. The Each Tax Invoice required to give effect to the wash-up adjustment may, at the Distributor’s option, either be: