Common use of Billing Dispute Clause in Contracts

Billing Dispute. If CUSTOMER, in good faith, disputes an invoice, CUSTOMER shall notify PRODUCER in writing within ten (10) business days of receipt of the invoice of the basis for the dispute and pay the portion of such statement not in dispute no later than the due date. If any amount withheld under dispute by CUSTOMER is ultimately determined (under the terms herein) to be due to PRODUCER, it shall be paid within three (3) business days of such determination along with interest accrued at the Interest Rate until the date paid. Inadvertent overpayments shall be returned by PRODUCER upon request or deducted by PRODUCER from subsequent invoices, with interest accrued at the Interest Rate until the date paid or deducted.

Billing Dispute. If CUSTOMERBUYER, in good faith, disputes an invoice, CUSTOMER BUYER shall notify PRODUCER SELLER in writing within ten (10) business days Business Days of receipt of the invoice of the basis for the dispute and pay the portion of such statement not in dispute no later than the due date. If any amount withheld under dispute by CUSTOMER BUYER is ultimately determined (under the terms herein) to be due to PRODUCERSELLER, it shall be paid within three (3) business days Business Days of such determination along with interest accrued at the Interest Rate until the date paid. Inadvertent overpayments shall be returned by PRODUCER SELLER upon request or deducted by PRODUCER SELLER from subsequent invoices, with interest accrued at the Interest Rate until the date paid or deducted.