Common use of Payment of Monthly Bills Clause in Contracts

Payment of Monthly Bills. 10.3.1 NVVN shall pay the amount payable under the Monthly Xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the Monthly Xxxx/ Supplementary Xxxx is issued by the SPD to the NVVN to such account of the SPD, as shall have been previously notified by the SPD in accordance with Article iii) below. In case the Monthly Xxxx or any other xxxx, including a Supplementary Xxxx is issued after the (fifteenth) 15th day of the next month, the Due Date for payment would be (fifth) 5th day of the next month to the succeeding Month.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Payment of Monthly Bills. 10.3.1 NVVN NTPC shall pay the amount payable under the Monthly Xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the Monthly Xxxx/ Supplementary Xxxx is issued by the SPD to the NVVN NTPC to such account of the SPD, as shall have been previously notified by the SPD in accordance with Article 10.3.2 (iii) below. In case the Monthly Xxxx or any other xxxx, including a Supplementary Xxxx is issued after the (fifteenth) 15th day of the next month, the Due Date for payment would be (fifth) 5th day of the next month to the succeeding Month.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Payment of Monthly Bills. 10.3.1 NVVN shall pay the amount payable under the Monthly XxxxBill/Supplementary Xxxx Bill by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the Monthly Xxxx/ Bill/ Supplementary Xxxx Bill is issued by the SPD to the NVVN to such account of the SPD, as shall have been previously notified by the SPD in accordance with Article iii) below. In case the Monthly Xxxx Bill or any other xxxxbill, including a Supplementary Xxxx Bill is issued after the (fifteenth) 15th day of the next month, the Due Date for payment would be (fifth) 5th day of the next month to the succeeding Month.

Appears in 1 contract

Samples: Power Purchase Agreement

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Payment of Monthly Bills. 10.3.1 NVVN NTPC shall pay the amount payable under the Monthly Xxxx/Supplementary Xxxx by the (fifth) 5th day of the immediately succeeding Month (the Due Date) in which the Monthly Xxxx/ Supplementary Xxxx is issued by the SPD to the NVVN NTPC to such account of the SPD, as shall have been previously notified by the SPD in accordance with Article iii) 10.3.2 (0 below. In case the Monthly Xxxx or any other xxxx, including a Supplementary Xxxx is issued after the (fifteenth) 15th day of the next month, the Due Date for payment would be (fifth) 5th day of the next month to the succeeding Month.

Appears in 1 contract

Samples: Power Purchase Agreement

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