Due Date of Payment definition

Due Date of Payment in respect of a Tariff Invoice means the date, which is 30 (thirty) days from the date of receipt of such invoices by the designated official of the GUVNL.

Due Date of Payment means the date on which the amount payable by the DISCOM to the Solar Power Developer hereunder for Delivered Energy, if any, supplied during a Billing Month becomes due for payment, which date shall be thirty (30) days from the Meter Reading Date provided the bill is received by DISCOM within 5 working days from Meter Reading Date, and in the case of any supplemental or other bill or claim, if any, the Due Date of Payment shall be thirty (30) days from the date of the presentation of such bill or claim to the designated officer of the DISCOM. If the last date of payment falls on a holiday, the next working day shall be considered as last date.

Due Date of Payment in respect of a Tariff Invoice means the date, which is 30th day from the date of receipt of such invoices by the designated official of the DISCOM.

Examples of Due Date of Payment in a sentence

• For payment of Monthly Bill by UGVCL, if paid before Due Date of Payment, a Rebate shall be deducted by UGVCL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz.

• For payment of Monthly bill by UGVCL, if paid after Due Date of Payment, a late Payment charge shall be payable by UGVCL to the SPG on the payment outstanding after the due date at the base rate of Late Payment Surcharge applicable for the period for the first month of default.

• For payment of Monthly xxxx by GUVNL, if paid after Due Date of Payment, a late Payment charge shall be payable by GUVNL to the Power Producer at the rate of seven (7) percent in excess of the SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount of outstanding payment, calculated on a week or part thereof basis viz.

• For payment of Monthly Bill by XXXXX, if paid before Due Date of Payment, a Rebate shall be deducted by GUVNL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz.

• Such Late Payment Surcharge shall be payable on the amounts outstanding after the Due Date of Payment and shall be calculated at the Late Payment Surcharge Base Rate.

More Definitions of Due Date of Payment

Due Date of Payment means in relation to any invoice the day falling 30 Days after the date upon which such invoice is submitted. If such day is not a business day, the immediately succeeding business day will be considered as due date for payment;

Due Date of Payment means with respect to any bill, the date by which the amount of such bill is required to be paid. This date shall in case of any monthly bill for any Billing Month and/or supplementary bill, be sixty (60) days from the Date of Presentation of the Bill by the Company to the HPSEBL or vice versa. If such due date happens to be a holiday, the next working day shall be treated as the Due Date of Payment.

Due Date of Payment means with respect to any xxxx, the date by which the amount of such xxxx is required to be paid. This date shall in case of any monthly xxxx for any Billing Month and/or supplementary xxxx, be sixty (60) days from the Date of Presentation of the Xxxx by the Company to the HPSEBL or vice versa. If such due date happens to be a holiday, the next working day shall be treated as the Due Date of Payment.

Due Date of Payment means the date on which the amount payable by the DISCOM to the Wind Power Producer hereunder for Delivered Energy, if any, supplied during a Billing Month becomes due for payment, which date shall be thirty (30) days from the Meter Reading Date provided the xxxx is received by DISCOM within 5 days from Meter Reading Date, and in the case of any supplemental or other xxxx or claim, if any, the due date of payment shall be thirty (30) days from the date of the presentation of such xxxx or claim to the designated officer of the DISCOM.

Due Date of Payment in respect of a Monthly Invoice means the date, which is 15 (fifteen) days from the date of receipt of such invoices by the designated official of the …..ESCOM

Due Date of Payment means the latest date on which payment for the Insured Shipment is due under the Insured Contract and which must not exceed the Maximum Credit Period, including any date to which the Policyholder has extended time for payment, in accordance with Article 13 (Extension of Credit) of the General Provision hereunder.

Due Date of Payment in respect of a Invoice/Xxxx means the date, which is 30 (thirty) days from the date of receipt of such invoices at the designated office of the PSPCL. If such day is not a business day, the immediately succeeding day shall be the due date.