Late Payment Surcharge (LPSC definition

Late Payment Surcharge (LPSC means the monetary charge levied as per provisions of the Tariff Orders, on a consumer, for the period of delay in payment of its bills beyond due date;
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Late Payment Surcharge (LPSC means the monetary charge levied as per provisions of the Tariff Orders, on a consumer who has not made a payment of its electricity bills by due date for the period of delay in payment of bills;
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Examples of Late Payment Surcharge (LPSC in a sentence

  • In the event of the electricity bill rendered by the Distribution licensee, not being paid in full within the due date specified on the bill, a Late Payment Surcharge (LPSC) @ 18% per annum shall be levied.

  • The accreditation of programs that deliver PRSS will: • create infrastructure necessary for peer service delivery, including standards- driven continuous quality improvement;• facilitate and disseminate best – and, ultimately, evidence-based – practices; and• reinforce the recovery-based values and principles that underlie peer services and make them valuable in the continuum of care.

  • DISCOMs shall extend the due date for payment of electricity bills (including those already raised), where the due dates fall between 24th March,2020 and June 30,2020 by further two weeks without Late Payment Surcharge (LPSC).

  • The Hon’ble ATE after elaborate consideration of the Generation Tariff Regulations issued by the CERC for different review periods, has held in para 94 of the judgment that Late Payment Surcharge (LPSC) specified in those Regulations is part of tariff and, therefore, regulatory in nature – not a matter for parties to PPA (Generator and Procurer) to negotiate and provide in, or control by, contractual terms.

  • Accordingly, the Commission may direct the Generators in the NCT of Delhi not to levy Late Payment Surcharge (LPSC) for any non-payment or short payment of the Energy bills.

  • The required amount of LC for FY 2015-16 is ₹ 12.00 Cr. Besides above, Rajasthan Discoms have not released any payment against the Late Payment Surcharge (LPSC) bills till date even after repeated requests.

  • Reduction in Late Payment Surcharge (LPSC) by DISCOMs has already been implemented.

  • Where a regular customer of Chronodrive will spend 16 minutes on average to validate purchases, using Izy this falls to 5 minutes.

  • Late Payment Surcharge (LPSC) should be considered as part of the Non Tariff Income and included in the ARR.

  • The key highlights of the rules are as follows: • Late Payment Surcharge (LPSC) will be payable on the payments outstanding after the due date at the applicable bank rate or the rate as provided in the agreement for supply or transmission of power, if any, whichever is lower • The LPSC rate on outstanding payment to increase by 50 bps each month after the expiry of the first month after the due date, subject to a maximum of applicable bank rate plus 200 bps.

Related to Late Payment Surcharge (LPSC

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • Delta Payment means as it is described in this Agreement.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Deficiency Payment has the meaning set forth in Section 9(a).

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Group I Interest Remittance Amount With respect to any Distribution Date, that portion of the Available Funds for such Distribution Date attributable to interest received or advanced with respect to the Group I Mortgage Loans.

  • Overdue Payment shall have the meaning specified in Section 4.03(a).