Common use of Billing Dispute Clause in Contracts

Billing Dispute. If either Party, in good faith, disputes a statement, the disputing Party shall immediately notify the other Party of the basis for the dispute; provided, however, that no adjustment for any invoice or payment will be made unless objection to the accuracy thereof was made prior to the lapse of one (1) year from the date such amount was paid. The disputing Party shall pay the undisputed portion of such statement no later than the due date. If any amount withheld under dispute is ultimately determined to be due to the other Party, it shall be paid within five (5) Business Days of such determination along with interest accrued at the Interest Rate from the date originally due until the date paid. Inadvertent overpayments shall be returned by Party overpaid upon request or deducted by such Party from subsequent payments, with interest accrued at the Interest Rate from the date originally paid until the date paid or deducted.

Billing Dispute. If either Party, . in good faith, disputes a statement, the disputing Party shall immediately notify the other Party of the basis for the dispute; provided, however, that no adjustment for any invoice or payment will be made unless objection to the accuracy thereof was made prior to the lapse of one (1) year from the date such amount was paid. The disputing Party shall pay the undisputed portion of such statement no later than the due date. If any amount withheld under dispute is ultimately determined to be due to the other Party, it shall be paid within five (5) Business Days of such determination along with interest accrued at the Interest Rate from the date originally due until the date paid. Inadvertent overpayments shall be returned by Party overpaid upon request or deducted by such Party from subsequent payments, with interest accrued at the Interest Rate from the date originally paid until the date paid or deducted.

Billing Dispute. If either Party, in good faith, disputes a statement, the disputing Party shall immediately notify the other Party of the basis for the dispute; provided, . however, that no adjustment for any invoice or payment will be made unless objection to the accuracy thereof was made prior to the lapse of one (1) year from the date such amount was paid. The disputing Party shall pay the undisputed portion of such statement no later than the due date. If any amount withheld under dispute is ultimately determined to be due to the other Party, it shall be paid within five (5) Business Days of such determination along with interest accrued at the Interest Rate from the date originally due until the date paid. Inadvertent overpayments shall be returned by Party overpaid upon request or deducted by such Party from subsequent payments, with interest accrued at the Interest Rate from the date originally paid until the date paid or deducted.