Common use of Adjustment of Indebtedness Clause in Contracts

Adjustment of Indebtedness. 4.1. In case of errors that have caused misstatement of amount of Receivables due from Users and Payables due Users are detected, the indebtedness can be adjusted in accordance with the procedure outlined in the present article. 4.2. In accordance with the present article, it is required to conduct adjustment of misstatements of Receivables due from Users and Payables due Users, which have emerged in the result of: • errors of the Operator during classification of monetary funds received from users; • errors during accrual of indebtedness for Rostelecom long-distance and international telecommunications (excluding cases of illegal and unauthorized connection to the Operator’s communication network).

Appears in 3 contracts

Samples: Agency Agreement (Open Joint Stock Co Long Distance & Internat Comm Rostelecom), Agency Agreement (Open Joint Stock Co Long Distance & Internat Comm Rostelecom), Agency Agreement (Open Joint Stock Co Long Distance & Internat Comm Rostelecom)

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Adjustment of Indebtedness. 4.1. In case of errors that have caused misstatement of amount of Receivables due from Users and Payables due Users are detected, the indebtedness can be adjusted in accordance with the procedure outlined in the present article. 4.2. In accordance with the present article, it is required to conduct adjustment of misstatements of Receivables due from Users and Payables due Users, which have emerged in the result of: · errors of the Operator during classification of monetary funds received from users; · errors during accrual of indebtedness for Rostelecom long-distance and international telecommunications (excluding cases of illegal and unauthorized connection to the Operator’s communication network).

Appears in 2 contracts

Samples: Telecommunications (Open Joint Stock Co Long Distance & Internat Comm Rostelecom), Agency Agreement (Open Joint Stock Co Long Distance & Internat Comm Rostelecom)

Adjustment of Indebtedness. 4.1. In case of errors that have caused misstatement of amount of Receivables due from Users and Payables due Users are detected, the indebtedness can be adjusted in accordance with the procedure outlined in the present article. 4.2. In accordance with the present article, it is required to conduct adjustment of misstatements of Receivables due from Users and Payables due Users, which have emerged in the result of: · errors of the Operator during classification of monetary funds received from users; · errors during accrual of indebtedness for Rostelecom long-distance and international telecommunications (excluding cases of illegal and unauthorized connection to the Operator’s communication network). · 4.3 The correction of the indebtedness can be performed on a monthly basis, from January 01 to September 30 of each year.

Appears in 1 contract

Samples: Telecommunications (Open Joint Stock Co Long Distance & Internat Comm Rostelecom)

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Adjustment of Indebtedness. 4.1. 4.1 In case of errors that have caused misstatement of amount of Receivables due from Users and Payables due Users are detected, the indebtedness can be adjusted in accordance with the procedure outlined in the present article. 4.2. In accordance with the present article, it is required to conduct adjustment of misstatements of Receivables due from Users and Payables due Users, which have emerged in the result of: · errors of the Operator during classification of monetary funds received from users; · errors during accrual of indebtedness for Rostelecom long-distance and international telecommunications (excluding cases of illegal and unauthorized connection to the Operator’s communication network). · 4.3. Adjustment of indebtedness is carried out on a monthly basis.

Appears in 1 contract

Samples: Telecommunications (Open Joint Stock Co Long Distance & Internat Comm Rostelecom)

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