Examples of Tariff Invoices in a sentence
SECTION 15 INVOICING 15.1 Distribution Tariff Invoices EPC will provide invoices to each Retailer as set out in the Distribution Tariff Rate Schedule and Fee Schedule.
The 1st Respondent is not disputing the amount claimed in the Tariff Invoices in respect of the Delivered Energy, but claims set-off and deduction of the amounts due to it from the Petitioner.
Therefore, we are of the view that the claim of the Petitioner in all these Petitions regarding charging of interest on interest becoming due on the delayed payments of Tariff Invoices, is not sustainable.
There was no reason whatsoever for the Petitioner to offer any such consent letters voluntarily and in the normal course, that too when it was passing through severe financial hardship caused by Respondent’s failure to pay Tariff Invoices in full as per PPA.
These terms would indicate that the payments were made towards the Monthly Tariff Invoices alone.
On this basis, the Respondent withheld payment of the tariff on the above Tariff Invoices.
Further, it would establish that the Respondents had agreed to pay the interest on the delayed payments of Tariff Invoices as per the terms of the PPA.
In both these Tariff Invoices, the computation in accordance with the Fixed Charge was approved by KPTCL, by its letter dated 20-6-2001.
Assuming but not conceding that the provisions of the Limitation Act, 1963 apply to the Petitioner’s claims arising out of the Tariff Invoices, none of the claims made by the Petitioner based on the Tariff Invoices including the Rebate claim suffers from any delay or laches.
The further phrases, “such payment” used in Article 6.3 would also clearly refer to the amounts mentioned in the Monthly Tariff Invoices.