Adjustments to Compensation for Billing Errors Sample Clauses

Adjustments to Compensation for Billing Errors. If CARRIER discovers and corrects an error in the amount of any item billed on a shipment that CONTRACTOR hauled and for which CONTRACTOR was compensated on a percentage of AGR, CARRIER will credit to, or deduct from, CONTRACTOR’s gross compensation at a subsequent settlement a share—corresponding to the applicable percentage of AGR normally payable to CONTRACTOR for that service—of the amount CARRIER actually collects or refunds in remedying the error. Before or at settlement, CARRIER will provide CONTRACTOR with a copy of the amended rated freight bill or a computer-generated document that contains the same information (or, in the case of contract carriage, any other form of documentation actually used for a shipment containing the same information that would appear on a rated freight bill) and will otherwise meet the requirements of Section 16(b) of this Agreement with respect to the shipment.
Sample 1

Related to Adjustments to Compensation for Billing Errors

  • Compensation for Losses Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: (a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); (b) any failure by the Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; or (c) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Borrower pursuant to Section 10.13; including any loss of anticipated profits and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the foregoing. For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded.

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