Billing, Payment, Milestones Sample Clauses

Billing, Payment, Milestones and Financial Security
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Billing, Payment, Milestones and Advance Payment
Billing, Payment, Milestones and Financial Security 10 6.1 Billing and Payment Procedures and Final Accounting 10 6.2 Milestones 11 6.3 Financial Security Arrangements 11
Billing, Payment, Milestones and Financial Security 10 6.1 Billing and Payment Procedures and Final Accounting 10 6.2 Milestones 11 6.3 Financial Security Arrangements 11 Article 7. Assignment, Liability, Indemnity, Force Majeure, Consequential Damages, 12 7.1 Assignment 12 7.2 Limitation of Liability 12 7.3 Indemnity 12 7.4 Consequential Damages 13 7.5 Force Majeure 13 7.6 Default 14 Article 8. Insurance 14 Article 9. Confidentiality 15 Article 10. Disputes 16 Article 11. Taxes 16 Article 12. Miscellaneous 17 12.1 Governing Law, Regulatory Authority, and Rules 17 12.2 Amendment 17 12.3 No Third-Party Beneficiaries 17 12.4 Waiver 17 12.5 Entire Agreement 17 12.6 Multiple Counterparts 18 12.7 No Partnership 18 12.8 Severability 18 12.9 Security Arrangements 18 12.10 Environmental Release 18 12.11 Subcontractors 19 12.12 Reservation of Rights 19 Article 13. Notices 19 13.1 General 20 13.2 Billing and Payment 20 13.3 Alternative Form of Notice 21 13.4 Designated Operating Representative 21 13.5 Changes to the Notice Information 22 Article 14. Signatures 22
Billing, Payment, Milestones and Financial Security 10 6.1 Billing and Payment Procedures and Final Accounting 10 6.2 Milestones 11 6.3 Financial Security Arrangements 11 Article 7. Assignment, Liability, Indemnity, Force Majeure, Consequential Damages, 12 7.1 Assignment 12 7.2 Limitation of Liability 12 7.3 Indemnity 12 7.4 Consequential Damages 13 7.5 Force Majeure 13 7.6 Default 14 Article 8. Insurance 14 Article 9. Confidentiality 15 Article 10. Disputes 16 Article 11. Taxes 16 Article 12. Miscellaneous 17 12.1 Governing Law, Regulatory Authority, and Rules 17 12.2 Amendment 17 12.3 No Third-Party Beneficiaries 17 12.4 Waiver 17 12.5 Entire Agreement 17 12.6 Multiple Counterparts 18 12.7 No Partnership 18 12.8 Severability 18 12.9 Security Arrangements 18 12.10 Environmental Release 18 12.11 Subcontractors 19 12.12 Reservation of Rights 19 Article 13. Notices 19 13.1 General 20 13.2 Billing and Payment 20 13.3 Alternative Form of Notice 21 13.4 Designated Operating Representative 21 13.5 Changes to the Notice Information 22 Article 14. Signatures 22 Attachment 1 – Glossary of Terms Attachment 2 – Description and Costs of the Small Generating Facility, Interconnection Facilities, and Metering Equipment Attachment 3 – One-line Diagram Depicting the Small Generating Facility, Interconnection Facilities, Metering Equipment, and Upgrades Attachment 4 – Milestones Attachment 5 – Additional Operating Requirements for the Transmission owner’s Transmission System and Affected Systems Needed to Support the Interconnection Customer’s Needs Attachment 6 – Transmission Owner’s Description of its Upgrades and Best Estimate of Upgrade Costs This Interconnection Agreement (“Agreement”) is made and entered into this _________ day of ____________________, 2011 by Niagara Mohawk Power Corporation d/b/a nationalgrid (“Transmission Owner” ), and WM Renewable Energy, L.L.C. _ (“Interconnection Customer”) each hereinafter sometimes referred to individually as “Party” or both referred to collectively as the “Parties”. Transmission Owner Information Transmission Owner ” Niagara Mohawk Power Corporation d/b/a nationalgrid _ Attention: Vice President Transmission Commercial Services City: Waltham State: MA Zip: Phone: 000-000-0000 Fax: 000-000-0000 Interconnection Customer Information Interconnection Customer” Attention: ___WM Renewable Energy, L.L.C._________ City: __Houston__ State: __TX________ Zip: __77433______ Phone: __000-000-0000___________ Fax: _000-000-0000________________ Interconnection Customer...
Billing, Payment, Milestones and Financial Security 18 6.1. Billing and Payment Procedures and Final Accounting. 18 6.2. Milestones 19 6.3. Financial Security Arrangements 19 Article. 7. Assignment, Liability, Indemnity, Force Majeure, Consequential Damages, and Default 20 7.1. Assignment 20 7.2. Limitation of Liability 20 7.3. Indemnity 21 7.4. Consequential Damages 22 7.5. Force Majeure 22 7.6. Default 22
Billing, Payment, Milestones. And Financial Security 18 6.1 Billing and Payment Procedures and Final Accounting 18 6.2 Milestones 18 6.3 Interconnection Financial Security Arrangements for Small Generating Facilities Processed Under the Fast Track Process or Small Generating Facilities Processed under SGIP 19 6.4 ....................................................................................................................................................... 19 Article 7. Assignment, Liability, Indemnity, Force Majeure, And Default 20 7.1 Assignment 20 7.2 Limitation of Liability 21 7.3 Indemnity 21 7.4 Consequential Damages 21 7.5 Force Majeure 22 7.6 Default 22 Article 8. Insurance 23 8.1 ....................................................................................................................................................... 23 8.2 ....................................................................................................................................................... 23 December 19, 2014 California Independent System Operator Corporation Fifth Replacement Tariff 8.3 ....................................................................................................................................................... 23 8.4 ....................................................................................................................................................... 23 Article 9. Confidentiality 23 9.1 ....................................................................................................................................................... 23 9.2 ....................................................................................................................................................... 23 9.3 ....................................................................................................................................................... 24 Article 10. Disputes 24 10.1 ..................................................................................................................................................... 24 10.2 ..................................................................................................................................................... 24 10.3 ..................................................................................................................................................... 24 10.4 .............................................................................................
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Billing, Payment, Milestones and Financial Security Billing and Payment Procedures and Final Accounting T & D Utility shall bill the Interconnection Customer for the design, engineering, construction, and procurement costs of T & D Utility provided Interconnection Facilities and Distribution Upgrades contemplated by this Agreement as set forth in the Exhibits to this Agreement, on a monthly basis, or as otherwise agreed by the Parties. The Interconnection Customer shall pay each bill within thirty (30) calendar days of receipt, or as otherwise agreed to by the Parties. Within ninety (90) calendar days of completing the construction and installation of T & D Utility 's Interconnection Facilities and Distribution Upgrades described in the Exhibits to this Agreement, T & D Utility shall provide the Interconnection Customer with a final accounting report of any difference between (1) the actual cost incurred to complete the construction and installation and the budget estimate provided to the Interconnection Customer and a written explanation for any significant variation. (2) the Interconnection Customer's previous deposit and aggregate payments to T & D Utility for such Interconnection Facilities and Distribution Upgrades. If the Interconnection Customer's cost responsibility exceeds its previous deposit and aggregate payments, T & D Utility shall invoice the Interconnection Customer for the amount due and the Interconnection Customer shall make payment to T & D Utility within thirty (30) calendar days. If the Interconnection Customer's previous deposit and aggregate payments exceed its cost responsibility under this Agreement, T & D Utility shall refund to the Interconnection Customer an amount equal to the difference within thirty (30) calendar days of the final accounting report. Interconnection Customer Deposit At least twenty (20) Business Days prior to the commencement of the design, procurement, installation, or construction of a discrete portion of T & D Utility 's Interconnection Facilities and Distribution Upgrades, the Interconnection Customer shall provide T & D Utility with a deposit equal to 50 percent of the cost estimated for its Interconnection Facilities prior to its beginning design of such facilities.

Related to Billing, Payment, Milestones

  • Billing, Payment, Milestones, and Financial Security 6.1 Billing and Payment Procedures and Final Accounting

  • Milestone A principal event specified in the Contract Documents including the Material Completion and Occupancy Date and other events relating to an intermediate completion date or time.

  • Milestone Payments In the event that any Sellers believe that any Additional Milestone has been achieved during the Post-Closing Milestone Period, the Sellers’ Representative shall provide notice of such achievement to Purchaser. If Purchaser determines in its sole and reasonable discretion that such Additional Milestone has been achieved during the Post-Closing Milestone Period, then within thirty (30) days of such notice from Sellers’ Representative or, if earlier, within thirty (30) days of Purchaser’s determination that such Additional Milestone has been achieved, Purchaser shall notify Sellers’ Representative of its determination and pay to Sellers the Additional Milestone Payment payable in respect of such Additional Milestone. If Sellers’ Representative delivers such a notice and Purchaser determines, in its sole and reasonable discretion, that the applicable Additional Milestone has not been achieved, then, within thirty (30) days of Sellers’ Representative’s notice Purchaser shall notify Sellers’ Representative of such determination. If Sellers’ Representative believes that Sellers are entitled to payment of all or any portion of an Additional Milestone Payment hereunder which they have not received within thirty (30) days following the achievement of the Additional Milestone for which payment is due, Sellers’ Representative may, not later than twelve (12) months following the achievement of such Additional Milestone, deliver to Purchaser a notice setting forth Sellers’ Representative’s determination that all or a portion of such Additional Milestone Payment is due under this Agreement (the “Post-Closing Assessment Notice”). If Sellers’ Representative does not deliver to Purchaser a Post-Closing Assessment *** Portions of this page have been omitted pursuant to a request for Confidential Treatment filed separately with the Commission. Notice within such twelve (12) month period, then Sellers shall have been deemed to agree that the Additional Milestone has not been met and no payment with respect to such Additional Milestone is due to Sellers hereunder and Sellers shall have no further rights to such Milestone Payment or any portion thereof. Such Post-Closing Assessment Notice may be delivered before or after the expiration of the Post-Closing Milestone Period without affecting Sellers’ rights to the applicable Milestone Payment, provided that that applicable Additional Milestone was actually achieved prior to the expiration of such Post-Closing Milestone Period. If Purchaser shall object to Sellers’ determination that a Additional Milestone has been achieved as set forth in the Post-Closing Assessment Notice, then Purchaser shall deliver a dispute notice (a “Post-Closing Milestone Dispute Notice”) to Sellers’ Representative within fifteen (15) days following Sellers’ Representative’s delivery of the Post-Closing Assessment Notice. A representative of Purchaser, on the one hand, and the Sellers’ Representative, on the other, shall attempt in good faith to resolve any such objections within fifteen (15) days of the receipt by Sellers of the Post-Closing Milestone Dispute Notice. If no Post-Closing Milestone Dispute Notice is delivered within the fifteen (15) day time period, then Sellers’ determination that the Additional Milestone has been achieved, and that the amount of the Milestone Payment specified in the Post-Closing Milestone Dispute Notice is due hereunder, shall be deemed to be accepted and Purchaser shall pay to Sellers those amounts set forth in the Post-Closing Assessment Notice no later than five (5) days after the expiration of such fifteen (15) day time period.

  • Project/Milestones Taxpayer is a wholesale manufacturer and distributor of food products to restaurants and other foodservice operators. Taxpayer has certified in its application that absent award of the CCTC, its project may occur in another state. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in land, facilities, manufacturing and food processing equipment, computer equipment, and furniture and fixtures as part of its expansion in XxXxxxxxx Park, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”). In addition, Taxpayer must maintain the three (3) employee based Milestones (“Total California Full-Time Employees,” “Minimum Annual Wage of California Full-Time Employees Hired,” and “Cumulative Average Annual Wage of California Full-Time Employees Hired”) for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Wage of California Full-time Employees Hired,” Taxpayer may use the wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Wage of California Full-time Employees Hired,” the wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

  • Milestones Subject to the provisions of the SGIP, the Parties shall agree on milestones for which each Party is responsible and list them in Attachment 4 of this Agreement. A Party’s obligations under this provision may be extended by agreement. If a Party anticipates that it will be unable to meet a milestone for any reason other than a Force Majeure event, it shall immediately notify the other Parties of the reason(s) for not meeting the milestone and (1) propose the earliest reasonable alternate date by which it can attain this and future milestones, and (2) requesting appropriate amendments to Attachment 4. The Party affected by the failure to meet a milestone shall not unreasonably withhold agreement to such an amendment unless it will suffer significant uncompensated economic or operational harm from the delay, (1) attainment of the same milestone has previously been delayed, or (2) it has reason to believe that the delay in meeting the milestone is intentional or unwarranted notwithstanding the circumstances explained by the Party proposing the amendment.

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