Reconciliation Invoice definition
Examples of Reconciliation Invoice in a sentence
No later than 90 days following the first day of each calendar year during the Lease Term, Landlord shall deliver to Tenant an Operating Expense Reconciliation Invoice (“Invoice”) and an Operating Expense Summary Report listing the Operating Expenses for the prior year of the Lease Term (“Report”).
Each such Reconciliation Invoice shall be submitted to the Market Area Manager by the Network Operator no later than on the 10th Business Day following submission of the corresponding Reconciliation Notice.
Where the relevant Reconciliation Quantity is a negative quantity (a “Negative Reconcil- iation Quantity”), the Exit Network Operator shall provide to the relevant Market Area Manager a self-billed Reconciliation Invoice for payment by the Exit Network Operator to the Market Area Manager.
We shall be entitled to issue you with a Reconciliation Invoice (which will normally be on a quarterly basis in arrears) where there is a discrepancy between the amount we have charged you in respect of the CFD FIT scheme over that Reconciliation Period and the amount that, after our reconciliation, we have calculated as being reflective of the charges due under the CFD FIT scheme in respect of your Supply.
Where at any time after 1 April 2016 any corrections become necessary that relate to a Reconciliation Invoice between a Network Operator and a Market Area Manager which was initially issued before 1 April 2016 under the old quantity reconciliation rules, all such corrections shall be made in accordance with the old quantity reconciliation rules applicable until 31 March 2016 without exception.
We shall be entitled to issue you with a Reconciliation Invoice in connection with such charges.
We shall be entitled to issue you with a Reconciliation Invoice (which will normally be on a quarterly basis in arrears), where there is a discrepancy between the amount we have charged you in respect of the FiT Scheme over that Reconciliation Period and the amount that, after our reconciliation, we have calculated as being reflective of the FiT charges due under the FiT Scheme in respect of your Supply.
For performance periods from 1 October 2020 the following shall apply: If a Network Operator fails to submit to the Market Area Manager any Reconciliation Invoice (INVOIC message) which is due and still has not done so by M+5 months + 1 Business Day, the Market Area Manager shall charge a penalty which shall be payable by the Network Operator irrespective of whether the relevant Reconciliation Quantity is a Positive or a Negative Reconciliation Quantity.
Settlement Final BSUoS Charges are published by the TNO 16 Working Days following the relevant period of consumption, therefore we will issue a Reconciliation Invoice to you one (1) calendar month in arrears.
Where the relevant Reconciliation Quantity is a negative quantity (a “Negative Reconciliation Quantity”), the Exit Network Operator shall provide to the Market Area Manager a self-billed Reconciliation Invoice for payment by the Exit Network Operator to the Market Area Manager.