Common use of BILLING PROCEDURE Clause in Contracts

BILLING PROCEDURE. Within a reasonable time after the first day of each month, the Transmission Provider shall submit an invoice to the Transmission Customer for the charges for all services furnished under the Tariff during the preceding month. The invoice shall be paid by the Transmission Customer within twenty (20) days of receipt. All payments shall be made in immediately available funds payable to the Transmission Provider, or by wire transfer to a bank named by the Transmission Provider.

Appears in 8 contracts

Sources: Wholesale Distribution Service Agreement, Wholesale Distribution Service Agreement, Wholesale Distribution Service Agreement

BILLING PROCEDURE. Within a reasonable time after the first day of each month, the Transmission Provider shall submit an invoice to the Transmission Customer for the charges for covering all services furnished provided under the Tariff provisions herein during the preceding month. The invoice shall be paid by the Transmission Customer within twenty (20) days of receipt. All payments shall be made in immediately available funds payable to the Transmission Provider, or by wire transfer to a bank named by the Transmission Provider.

Appears in 2 contracts

Sources: Open Access Transmission Tariff, Open Access Transmission Tariff

BILLING PROCEDURE. Within a reasonable time after the first day of each monthservice is provided, the Transmission Provider shall submit an invoice to the Transmission Customer for the charges for all services furnished under the Tariff during the preceding Tariff. The Transmission Provider may submit invoices for periods of less than a full month. The invoice shall be paid by the Transmission Customer within twenty (20) days of receipt. All payments shall be made in immediately available funds payable to the Transmission Provider, or by wire transfer to a bank named by the Transmission Provider.

Appears in 1 contract

Sources: Settlement Agreement