(i) Payment and Offset - (i) Subject to Section [5.7(i)(ii)](#page-109-2) , Taxes collectable by one Party from the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoi...
AI summary The section outlines the payment and offset procedures for taxes between parties under the agreement. Taxes are to be paid within 30 days of receiving an invoice, and parties may offset taxes owed against other amounts receivable, provided they comply with applicable laws.
3.4 Payment and Offset - (a) Subject to Section 3.4(b) , Taxes collectable by one Party from the other Party pursuant to this Agreement will be payable in immediately available funds within 30 days of receipt of an invoice. - (b) A Party m...
AI summary Section 3.4 outlines the payment and offset procedures for taxes between parties under the agreement. Taxes are payable within 30 days of receiving an invoice, and a party may offset taxes owed against other amounts receivable, provided applicable laws are followed.
Input Source (all to equal the amounts contained in the Application) amount of annual energy to be delivered 0.986 TWh transmission losses The then most current estimate of transmission losses as determined pursuant to Schedule 3 of this A...
AI summary The document outlines inputs required for an application, specifying how various financial and operational parameters are determined based on current estimates and agreements. It details the calculation of energy delivery, transmission losses, capital costs, AFUDC rates, operating and maintenance costs, tax rates, and capital cost allowance classes. The process involves Emera preparing a draft for Nalcor's review.