Minimum payment clause definition

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minimum payment clause

minimum payment clause logo #21142a clause requiring the consumer to pay to a supply undertaking, for a specified period, at least the price of a specified quantity of energy, whether consumed in its entirety or not, or a specified minimum sum
Found on http://www.electropedia.org/iev/iev.nsf/display?openform&ievref=691-09-08
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