Common use of Billing Disputes and Adjustments of Invoices Clause in Contracts

Billing Disputes and Adjustments of Invoices. (a) Consistent with the PJM rules as they may be revised in accordance with Settlement C, Buyer may, in good faith, adjust the Invoice to include revised load data or correct any errors. In the event Settlement C is not adopted by PJM, any adjustment to include revised load data or to correct any errors must occur within 12 months from the date on which an Invoice is issued. The adjustment shall include interest calculated at the Interest Rate from the original due date to the date of payment. Buyer shall provide Seller a written explanation of the basis for the adjustment.

Appears in 12 contracts

Samples: Requirements Service Agreement, Requirements Service Agreement, Requirements Service Agreement

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