Metering Billing Payment Sample Clauses
The 'Metering; Billing; Payment' clause establishes the procedures for measuring service usage, issuing invoices, and processing payments between parties. Typically, it outlines how consumption is tracked—such as through utility meters or usage logs—details the frequency and format of billing, and specifies payment terms like due dates and acceptable methods. This clause ensures that both parties have a clear, agreed-upon process for quantifying services rendered and settling financial obligations, thereby reducing disputes and promoting timely payments.
Metering Billing Payment. 27 5.1 Metering Electricity....................................................................................28 5.2 Adjustment for Inaccurate Meters........................................................................29 5.3 Billing.................................................................................................30 5.4 Payments................................................................................................31 5.5 Offsets.................................................................................................31 5.6
Metering Billing Payment