Interconnection Fee definition
Examples of Interconnection Fee in a sentence
First Gas shall debit or credit the Interconnected Party (as the case may be) for the difference in the amount paid to that date based on the provisional Interconnection Fee and the amount that would have been paid based on the confirmed Interconnection Fee in First Gas’ next invoice.
In respect of any Additional Delivery Point, First Gas shall determine how it will recover its costs to design, construct, operate and maintain that Additional Delivery Point, which may include recovery via an Interconnection Fee (and, if applicable, a Termination Fee) payable by the Interconnected Party, determined in accordance with this section 11.
First Gas shall, in its next invoice, debit or credit the Interconnected Party (as the case may be) for the difference between the amount paid by it based on the provisional Interconnection Fee and the amount it would have paid based on the confirmed Interconnection Fee.
The Interconnected Party is to pay the Interconnection Fee and Odorisation Fee for each Delivery Point (as applicable) during the term of this Agreement in accordance with this Agreement.
Where the modifications referred to in section 2.11 relate to a Delivery Point for which an Interconnection Fee is payable, First Gas may re-determine that fee to reflect any reasonable costs it incurs.
In respect of any Additional Delivery Point, First Gas shall determine how it will recover its costs to design, construct, operate and maintain that Additional Delivery Point, including via an Interconnection Fee (and, if applicable, a Termination Fee) payable by the Interconnected Party and determined in accordance with this section 11.
In respect of any Additional Delivery Point, First Gas shall determine how it will recover its costs to design, construct, operate and maintain that Additional Delivery Point, which may include an Interconnection Fee (and, if applicable, a Termination Fee) payable by the Interconnected Party, determined in accordance with this section 11.
If a Party fails to fulfill its obligation when due, as mentioned in points 5 and 6 below, then the Parties agree that for each day of delay, a penalty fee shall be imposed in the amount of average rate of 1 month interest of a government bank of the total outstanding Interconnection Fee.
The variant of the Interconnection Fee as mentioned in point (a) and (b) above shall not include the fees for billing process, collection fee to customers and bad debts of the customers.
Where the modifications referred to in section 2.11 relate to a Delivery Point for which an Interconnection Fee is payable, First Gas may re-determine the Interconnection Feethat fee to reflect any reasonable costs it incurs in relation to such modifications.