Common use of Commencement of charges Clause in Contracts

Commencement of charges. The Trader is liable to pay charges in respect of an ICP from: the day the ICP is Energised or Re-energised; or if the Trader is assuming responsibility for the ICP, the later of the Switch Event Date or the date that the ICP is Energised.

Commencement of charges. The Trader Retailer is liable to pay charges in respect of an ICP from: the day the ICP is Energised or Re-energised; or if the Trader Retailer is assuming responsibility for the ICP, the later of the Switch Event Date or the date that the ICP is Energised.