Common use of Billing and Payment Procedures and Final Accounting Clause in Contracts

Billing and Payment Procedures and Final Accounting. The Transmission Owner shall xxxx the Interconnection Customer for the design, engineering, construction, and procurement costs of Interconnection Facilities and Upgrades by this Agreement, if any, on a monthly basis, or as otherwise agreed by the Parties. The Interconnection Customer shall pay each xxxx within 30 calendar days of receipt, or as otherwise agreed to by the Parties. Within three months of completing the construction and installation of the Transmission owner’s Interconnection Facilities and/or Upgrades described in the Attachments to this Agreement, if any, the Transmission Owner shall provide the Interconnection Customer with a final accounting report of any difference between (1) the Interconnection Customer’s cost responsibility for the actual cost of such facilities or Upgrades, and (2) the Interconnection Customer’s previous aggregate payments to the Transmission Owner for such facilities or Upgrades. If the Interconnection Customer’s cost responsibility exceeds its previous aggregate payments, the Transmission Owner shall invoice the Interconnection Customer for the amount due and the Interconnection Customer shall make payment to the Transmission Owner within 30 calendar days. If the Interconnection Customer’s previous aggregate payments exceed its cost responsibility under this Agreement, the Transmission Owner shall refund to the Interconnection Customer an amount equal to the difference within 30 calendar days of the final accounting report.

Appears in 5 contracts

Samples: Interconnection Agreement, Service Agreement, Interconnection Agreement

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Billing and Payment Procedures and Final Accounting. The Transmission Owner shall xxxx the Interconnection Customer for the design, engineering, construction, and procurement costs of Interconnection Facilities and Upgrades contemplated by this Agreement, if any, Agreement on a monthly basis, or as otherwise agreed by the Parties. The Interconnection Customer shall pay each xxxx within 30 calendar days of receipt, or as otherwise agreed to by the Parties. Within three months of completing the construction and installation of the Transmission owner’s Interconnection Facilities and/or Upgrades described in the Attachments to this Agreement, if any, the Transmission Owner shall provide the Interconnection Customer with a final accounting report of any difference between (1) the Interconnection Customer’s cost responsibility for the actual cost of such facilities or Upgrades, and (2) the Interconnection Customer’s previous aggregate payments to the Transmission Owner for such facilities or Upgrades. If the Interconnection Customer’s cost responsibility exceeds its previous aggregate payments, the Transmission Owner shall invoice the Interconnection Customer for the amount due and the Interconnection Customer shall make payment to the Transmission Owner within 30 calendar days. If the Interconnection Customer’s previous aggregate payments exceed its cost responsibility under this Agreement, the Transmission Owner shall refund to the Interconnection Customer an amount equal to the difference within 30 calendar days of the final accounting report.

Appears in 4 contracts

Samples: Service Agreement, Interconnection Agreement, Interconnection Agreement

Billing and Payment Procedures and Final Accounting. The Transmission Owner shall xxxx bill the Interconnection Customer for the design, engineering, construction, and procurement costs of Interconnection Facilities and Upgrades by this Agreement, if any, on a monthly basis, or as otherwise agreed by the Parties. The Interconnection Customer shall pay each xxxx bill within 30 calendar days of receipt, or as otherwise agreed to by the Parties. Within three months of completing the construction and installation of the Transmission owner’s Interconnection Facilities and/or Upgrades described in the Attachments to this Agreement, if any, the Transmission Owner shall provide the Interconnection Customer with a final accounting report of any difference between (1) the Interconnection Customer’s cost responsibility for the actual cost of such facilities or Upgrades, and (2) the Interconnection Customer’s previous aggregate payments to the Transmission Owner for such facilities or Upgrades. If the Interconnection Customer’s cost responsibility exceeds its previous aggregate payments, the Transmission Owner shall invoice the Interconnection Customer for the amount due and the Interconnection Customer shall make payment to the Transmission Owner within 30 calendar days. If the Interconnection Customer’s previous aggregate payments exceed its cost responsibility under this Agreement, the Transmission Owner shall refund to the Interconnection Customer an amount equal to the difference within 30 calendar days of the final accounting report.

Appears in 2 contracts

Samples: Service Agreement, Interconnection Agreement

Billing and Payment Procedures and Final Accounting. The Transmission Owner shall xxxx the Interconnection Customer for the design, engineering, construction, and procurement costs of Interconnection Facilities and Upgrades contemplated by this Agreement, if any, Agreement on a monthly basis, or as otherwise agreed by the Parties. The Interconnection Customer shall pay each xxxx within 30 calendar days of receipt, or as otherwise agreed to by the Parties. Within three months of completing the construction and installation of the Transmission ownerOwner’s Interconnection Facilities and/or Upgrades described in the Attachments to this Agreement, if any, the Transmission Owner shall provide the Interconnection Customer with a final accounting report of any difference between (1) the Interconnection Customer’s cost responsibility for the actual cost of such facilities or Upgrades, and (2) the Interconnection Customer’s previous aggregate payments to the Transmission Owner for such facilities or Upgrades. If the Interconnection Customer’s cost responsibility exceeds its previous aggregate payments, the Transmission Owner shall invoice the Interconnection Customer for the amount due and the Interconnection Customer shall make payment to the Transmission Owner within 30 calendar days. If the Interconnection Customer’s previous aggregate payments exceed its cost responsibility under this Agreement, the Transmission Owner shall refund to the Interconnection Customer an amount equal to the difference within 30 calendar days of the final accounting report.

Appears in 1 contract

Samples: Interconnection Agreement

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Billing and Payment Procedures and Final Accounting. The Transmission Owner shall xxxx bill the Interconnection Customer for the design, engineering, construction, and procurement costs of Interconnection Facilities and Upgrades contemplated by this Agreement, if any, Agreement on a monthly basis, or as otherwise agreed by the Parties. The Interconnection Customer shall pay each xxxx bill within 30 calendar days of receipt, or as otherwise agreed to by the Parties. Within three months of completing the construction and installation of the Transmission ownerOwner’s Interconnection Facilities and/or Upgrades described in the Attachments to this Agreement, if any, the Transmission Owner shall provide the Interconnection Customer with a final accounting report of any difference between (1) the Interconnection Customer’s cost responsibility for the actual cost of such facilities or Upgrades, and (2) the Interconnection Customer’s previous aggregate payments to the Transmission Owner for such facilities or Upgrades. If the Interconnection Customer’s cost responsibility exceeds its previous aggregate payments, the Transmission Owner shall invoice the Interconnection Customer for the amount due and the Interconnection Customer shall make payment to the Transmission Owner within 30 calendar days. If the Interconnection Customer’s previous aggregate payments exceed its cost responsibility under this Agreement, the Transmission Owner shall refund to the Interconnection Customer an amount equal to the difference within 30 calendar days of the final accounting report.

Appears in 1 contract

Samples: Interconnection Agreement

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