Billing, Payment, Milestones Sample Clauses

Billing, Payment, Milestones and Financial Security
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Billing, Payment, Milestones and Advance Payment
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Billing, Payment, Milestones and Financial Security 10 6.1 Billing and Payment Procedures and Final Accounting 10 6.2 Milestones 11 6.3 Financial Security Arrangements 11
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Billing, Payment, Milestones and Financial Security 10 6.1 Billing and Payment Procedures and Final Accounting 10 6.2 Milestones 11 6.3 Financial Security Arrangements 11 Article 7. Assignment, Liability, Indemnity, Force Majeure, Consequential Damages, 12 7.1 Assignment 12 7.2 Limitation of Liability 12 7.3 Indemnity 12 7.4 Consequential Damages 13 7.5 Force Majeure 13 7.6 Default 14 Article 8. Insurance 14 Article 9. Confidentiality 15 Article 10. Disputes 16 Article 11. Taxes 16 Article 12. Miscellaneous 17 12.1 Governing Law, Regulatory Authority, and Rules 17 12.2 Amendment 17 12.3 No Third-Party Beneficiaries 17 12.4 Waiver 17 12.5 Entire Agreement 17 12.6 Multiple Counterparts 18 12.7 No Partnership 18 12.8 Severability 18 12.9 Security Arrangements 18 12.10 Environmental Release 18 12.11 Subcontractors 19 12.12 Reservation of Rights 19 Article 13. Notices 19 13.1 General 20 13.2 Billing and Payment 20 13.3 Alternative Form of Notice 21 13.4 Designated Operating Representative 21 13.5 Changes to the Notice Information 22 Article 14. Signatures 22
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Billing, Payment, Milestones and Financial Security 10 6.1 Billing and Payment Procedures and Final Accounting 10 6.2 Milestones 11 6.3 Financial Security Arrangements 11 Article 7. Assignment, Liability, Indemnity, Force Majeure, Consequential Damages, 12 7.1 Assignment 12 7.2 Limitation of Liability 12 7.3 Indemnity 12 7.4 Consequential Damages 13 7.5 Force Majeure 13 7.6 Default 14 Article 8. Insurance 14 Article 9. Confidentiality 15 Article 10. Disputes 16 Article 11. Taxes 16 Article 12. Miscellaneous 17 12.1 Governing Law, Regulatory Authority, and Rules 17 12.2 Amendment 17 12.3 No Third-Party Beneficiaries 17 12.4 Waiver 17 12.5 Entire Agreement 17 12.6 Multiple Counterparts 18 12.7 No Partnership 18 12.8 Severability 18 12.9 Security Arrangements 18 12.10 Environmental Release 18 12.11 Subcontractors 19 12.12 Reservation of Rights 19 Article 13. Notices 19 13.1 General 20 13.2 Billing and Payment 20 13.3 Alternative Form of Notice 21 13.4 Designated Operating Representative 21 13.5 Changes to the Notice Information 22 Article 14. Signatures 22 Attachment 1 – Glossary of Terms Attachment 2 – Description and Costs of the Small Generating Facility, Interconnection Facilities, and Metering Equipment Attachment 3 – One-line Diagram Depicting the Small Generating Facility, Interconnection Facilities, Metering Equipment, and Upgrades Attachment 4 – Milestones Attachment 5 – Additional Operating Requirements for the Transmission owner’s Transmission System and Affected Systems Needed to Support the Interconnection Customer’s Needs Attachment 6 – Transmission Owner’s Description of its Upgrades and Best Estimate of Upgrade Costs This Interconnection Agreement (“Agreement”) is made and entered into this _________ day of ____________________, 2011 by Niagara Mohawk Power Corporation d/b/a nationalgrid (“Transmission Owner” ), and WM Renewable Energy, L.L.C. _ (“Interconnection Customer”) each hereinafter sometimes referred to individually as “Party” or both referred to collectively as the “Parties”. Transmission Owner Information Transmission Owner ” Niagara Mohawk Power Corporation d/b/a nationalgrid _ Attention: Vice President Transmission Commercial Services City: Waltham State: MA Zip: Phone: 000-000-0000 Fax: 000-000-0000 Interconnection Customer Information Interconnection Customer” Attention: ___WM Renewable Energy, L.L.C._________ City: __Houston__ State: __TX________ Zip: __77433______ Phone: __000-000-0000___________ Fax: _000-000-0000________________ Interconnection Customer...
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Billing, Payment, Milestones and Financial Security 12 6.1 Billing and Payment Procedures and Final Accounting 12 6.2 Milestones 12 6.3 Advance Payment 13 Article 7. Assignment, Liability, Indemnity, Force Majeure, Consequential Damages, and Default 14 7.1 Assignment 14 7.2 Limitation of Liability 14 7.3 Indemnity 14 7.4 Consequential Damages 15 7.5 Force Majeure 15 7.6 Default 16 Article 8. Insurance 17 Article 9. Confidentiality 17 Article 10. Disputes 18 Article 11. Taxes 19
Sample 1
Billing, Payment, Milestones and Financial Security Billing and Payment Procedures and Final Accounting T & D Utility shall bill the Interconnection Customer for the design, engineering, construction, and procurement costs of T & D Utility provided Interconnection Facilities and Distribution Upgrades contemplated by this Agreement as set forth in the Exhibits to this Agreement, on a monthly basis, or as otherwise agreed by the Parties. The Interconnection Customer shall pay each bill within thirty (30) calendar days of receipt, or as otherwise agreed to by the Parties. Within ninety (90) calendar days of completing the construction and installation of T & D Utility 's Interconnection Facilities and Distribution Upgrades described in the Exhibits to this Agreement, T & D Utility shall provide the Interconnection Customer with a final accounting report of any difference between (1) the actual cost incurred to complete the construction and installation and the budget estimate provided to the Interconnection Customer and a written explanation for any significant variation. (2) the Interconnection Customer's previous deposit and aggregate payments to T & D Utility for such Interconnection Facilities and Distribution Upgrades. If the Interconnection Customer's cost responsibility exceeds its previous deposit and aggregate payments, T & D Utility shall invoice the Interconnection Customer for the amount due and the Interconnection Customer shall make payment to T & D Utility within thirty (30) calendar days. If the Interconnection Customer's previous deposit and aggregate payments exceed its cost responsibility under this Agreement, T & D Utility shall refund to the Interconnection Customer an amount equal to the difference within thirty (30) calendar days of the final accounting report. Interconnection Customer Deposit At least twenty (20) Business Days prior to the commencement of the design, procurement, installation, or construction of a discrete portion of T & D Utility 's Interconnection Facilities and Distribution Upgrades, the Interconnection Customer shall provide T & D Utility with a deposit equal to 50 percent of the cost estimated for its Interconnection Facilities prior to its beginning design of such facilities.
Sample 1
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Related to Billing, Payment, Milestones

  • Development Milestones In addition to its obligations under Paragraph 7.1, LICENSEE specifically commits to achieving (either itself or through the acts of a SUBLICENSEE) the following development milestones in its diligence activities under this AGREEMENT: (a) (b).

  • Milestone Payments From and after the Closing Date but prior to the expiration of the Put Option Period (the “Post-Closing Milestone Period”), in addition to the consideration set forth in Section 1.6(c) above, in the event that (x) the Acquired Company has achieved the Base Milestones and the Sellers’ Representative has delivered a Milestone Completion Notice, but the Acquired Company has not achieved an Additional Milestone on the Closing Date, and (y) the Acquired Company achieves the Additional Milestone during the Post-Closing Milestone Period, Purchaser shall pay to Sellers the additional amount payable in respect of such Additional Milestone in cash or, at Purchaser’s sole election, in shares of Purchaser Common *** Portions of this page have been omitted pursuant to a request for Confidential Treatment filed separately with the Commission. Stock, as set forth in Section 1.6(b)(iii) (each, a “Milestone Payment,” and collectively, the “Milestone Payments”). The Milestone Payments and the Initial Purchase Price shall be referred to herein together as the “Aggregate Purchase Price.” Upon achieving an Additional Milestone, Purchaser shall promptly provide written notice to Sellers’ Representative specifying the Additional Milestone achieved, and Purchaser shall pay the applicable Milestone Payment to Sellers within ten (10) Business Days thereof to the bank accounts or brokerage accounts indicated by the Sellers in accordance with the Proceeds Allocation, subject in each case, to the dispute resolution procedures set forth in Section 1.11. In the event of a Change of Control of Purchaser, Purchaser agrees to either (a) cause the acquirer to assume, whether in writing or by operation of law, all remaining Milestone Payments subject to the terms and conditions set forth herein or (b) accelerate the remaining Milestone Payments such that the Milestone Payments become payable immediately prior to the closing of the Change of Control transaction.

  • Project/Milestones Taxpayer is a multinational defense contractor specializing in the development and manufacture of intelligence, surveillance, and reconnaissance and detection systems. Taxpayer has certified in its application that absent award of the CCTC, its project may occur in another state; and, it may terminate all or a portion of its employees in California or relocate all or a portion of its employees in California to another state. In consideration for the Credit, Taxpayer agrees to hire full-time employees and invest in manufacturing and computer equipment, furniture and fixtures, and tenant improvements as part of its expansion in Anaheim, California (collectively, the “Project”). Further, Taxpayer agrees to satisfy the milestones as described in Exhibit A (“Milestones”) and must maintain Milestones for a minimum of three (3) taxable years thereafter. In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Wage of California Full-time Employees Hired,” Taxpayer may use the wages of any of the full-time employees hired within the required time period. For purposes of calculating the “Minimum Annual Wage of California Full-time Employees Hired” and the “Cumulative Average Annual Wage of California Full-time Employees Hired,” the wage of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized. In addition, the wage of any full-time employee hired to fill a vacated position in which a full-time employee was employed during Taxpayer’s Base Year shall be disregarded.

  • Milestones Subject to the provisions of the SGIP, the Parties shall agree on milestones for which each Party is responsible and list them in Attachment 4 of this Agreement. A Party’s obligations under this provision may be extended by agreement. If a Party anticipates that it will be unable to meet a milestone for any reason other than a Force Majeure event, it shall immediately notify the other Parties of the reason(s) for not meeting the milestone and (1) propose the earliest reasonable alternate date by which it can attain this and future milestones, and (2) requesting appropriate amendments to Attachment 4. The Party affected by the failure to meet a milestone shall not unreasonably withhold agreement to such an amendment unless it will suffer significant uncompensated economic or operational harm from the delay, (1) attainment of the same milestone has previously been delayed, or (2) it has reason to believe that the delay in meeting the milestone is intentional or unwarranted notwithstanding the circumstances explained by the Party proposing the amendment.

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