Net Billing. 9.1.1 At the end of each billing period, if the Customer-Generator’s account for the RGS is in debit after the Energy Credits have been applied, the balance due will be billed and become payable. If the same Customer- Generator’s account is in credit, the credit will be carried forward (rolled over) to the next billing period.
Net Billing. Once a per minute reciprocal compensation rate and traffic factor have been established, the Xxxxxxx Companies shall calculate and render a "net xxxx" to Sprint Spectrum, by applying the Traffic Factors as specified in Appendix A, § 2.0, to the total MOUs of Traffic originated by Sprint Spectrum and terminated to The Xxxxxxx Companies, as measured by The Xxxxxxx Companies over the direct Interconnection facility, and indirect traffic summarized in Category 1I0101 records or other tandem records provided to The Xxxxxxx Companies by the tandem operator. The Xxxxxxx Companies shall calculate its "net xxxx" to Sprint Spectrum using the following formula:
Net Billing. The parties agree to use a net billing arrangement in which HTC will prepare monthly invoices which will reduce the ACC of KENTUCKY termination compensation charges by the corresponding HTC termination compensation charges for traffic terminated by ACC of KENTUCKY. In the event the default percentages are utilized by the Parties in place of actual measurements, the net termination compensation charges will be calculated as follows: the product of (i) the total M:L Telecommunications Traffic MOUs and (ii) the appropriate termination compensation rate as set forth in Appendix B less the product of the (i) the total M:L Telecommunications Traffic MOUs divided by one (1) minus the total interMTA factor then divided by the M:L factor and (ii) the L:M factor and (iii) the appropriate reciprocal termination compensation rate as set forth in Appendix B. For example, assuming 100,000 M:L MOUs of Telecommunications Traffic, a termination compensation rate of $.0203, a 0% interMTA factor and directionality factors of 72:28 the calculation is as follows: (100,000)($.0203) – ((100,000/(1- 0)/(.72))(.28)(.$0203) or $2,030.00 - $789.44 = $1,240.56. In either event, the HTC xxxx will also include any appropriate charges for interMTA traffic and facilities charges as set forth in the Agreement.5.7
Net Billing. Upon mutual agreement of the parties, payment due one party may be offset against payments due the other party under all contracts between the parties hereto for the sale and exchange of electric power and energy, use of transmission facilities, operation and maintenance of electric facilities, lease of electric facilities, mutual supply of emergency and standby electric power and energy, and under such other contracts between such parties as the parties may agree, unless otherwise provided in existing contracts between the parties. Under contracts included in this procedure, all payments due one party in any month shall be offset against payments due the other party in such month, and the resulting net balance shall be paid to the party in whose favor such balance exists unless the latter elects to have such balance carried forward to be added to the payments due it in a succeeding month.
Net Billing. 2.1 The Energy Charge identified and provided for on the applicable regularly filed tariff schedule shall be computed based upon energy supplied by the utility to the customer-generator. The customer-generator shall pay the balance owed in accordance with IID’s normal monthly billing cycle.
Net Billing. As mutually agreed in the Service Agreement, payments due the Transmission Provider by a Transmission Customer may be offset against payments due the Transmission Customer by the Transmission Provider for the use of transmission facilities, operation and maintenance of electric facilities, and other services. For services included in net billing procedures, payments due one Party in any month shall be offset against payments due the other Party in such month, and the resulting net balance shall be paid to the Party in whose favor such balance exists. The Parties shall exchange such reports and information that either Party requires for billing purposes. Net billing shall not be used for any amounts due which are in dispute.
Net Billing. The net billing mechanism under the SOC will consist of the following: - Statements are required to be generated monthly by JPS detailing energy consumed by the customer and energy supplied to the national grid. - Amounts payable under the SOC should be the difference of the amounts owed by the customer to JPS for energy consumed from the national grid and amounts owed by JPS to customer for energy supplied by the customer’s facility. - Net amounts payable by the customer are to be paid within three (3) weeks after the date of the statement. - Net amounts payable by JPS are to be credited to the customer’s account monthly and set off against subsequent bills, except that any net amount due by JPS to the customer as at June 30 and December 31 in any year will be paid by JPS to the customer within three (3) weeks of those dates.
