Common use of Revised Bills Clause in Contracts

Revised Bills. As necessary, BPA may render revised bills. The date of a revised bill shall be its issue date. (1) I▇ ▇▇e amount of the revised bill is more than the amount of the previo▇▇ ▇ill, the previous bill remains due on its Due Date, and the ▇▇▇▇tional amount is due on the Due Date of the revised bill. (2) If the amount of the revised bill i▇ ▇▇ss than the amount of the previo▇▇ ▇ill, the obligation to pay the previous bill is satisfied by payment of the revise▇ ▇▇ll on the Due Date of the previous bill. (3) If the revised bill changes the Par▇▇ ▇o whom money is due, the previous bill is canceled and the amount owed the other Party is due on the Due Date of the revised bill. (4) If payment of the previous bill res▇▇▇▇ in an overpayment, a refund i▇ ▇▇e on the later of: (A) the Due Date of the revised bill, or (B) 20 days after the receipt of the payment for ▇▇▇ original bill. Contract No. 95MS-94862 26

Appears in 1 contract

Sources: Power Sales Agreement (Goldendale Aluminum Co)

Revised Bills. As necessary, BPA may render revised bills. The date of a revised bill shall be its issue date. (1) I▇ If ▇▇e amount of the revised bill is more than the amount of the previo▇previou▇ ▇ill▇ll, the previous bill remains due on its Due Date, and the a▇▇▇▇tional ional amount is due on the Due Date of the revised bill. (2) If the amount of the revised bill i▇ is ▇▇ss ▇s than the amount of the previo▇previou▇ ▇ill▇ll, the obligation to pay the previous bill is satisfied by payment of the revise▇ revised ▇▇ll ▇l on the Due Date of the previous bill. (3) If the revised bill changes the ParPart▇ ▇▇ ▇o whom money is due, the previous bill is canceled and the amount owed the other Party is due on the Due Date of the revised bill. (4) If payment of the previous bill res▇resu▇▇▇ in an overpayment, a refund i▇ is ▇▇e on the later ofof : (A) the Due Date of the revised bill, or (B) 20 days after the receipt of the payment for ▇▇▇ original bill. Contract No. 95MS-94862 26.

Appears in 1 contract

Sources: Power Sales Agreement (Goldendale Aluminum Co)