Common use of Contesting Clause in Contracts

Contesting. If any Monthly Delivery Protocol or Monthly Invoice is contested by one of Parties, the uncontested part shall be paid promptly when due. Party contesting Monthly Delivery Protocol or Monthly Invoice shall give notice of the amount in dispute and the reasons therefore to other Party. Parties shall seek to settle the disputed amount as soon as possible and if no settlement can be achieved amicably between Parties within one month from the date of issue of Monthly Delivery Protocol and Monthly Invoice then either Party may refer the dispute to arbitration according to Article 12. Any sum (or part thereof) which was the subject of a dispute between Parties and which is subsequently agreed or determined to be due, shall bear interest in accordance with Article 9.5 unless otherwise agreed by Parties in writing. No Monthly Invoice shall be contested after the expiry of three (3) calendar months from the end of relevant Month of Delivery.

Appears in 3 contracts

Samples: Sales Agreement, Sales Framework Agreement, Sales Framework Agreement

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Contesting. If any Monthly Delivery Protocol or Monthly Invoice is contested by one of Parties, the uncontested part shall be paid promptly when due. Party contesting Monthly Delivery Protocol or Monthly Invoice shall give notice of the amount in dispute and the reasons therefore to the other Party. Parties shall seek to settle the disputed amount as soon as possible and if no settlement can be achieved amicably between Parties within one month from the date of issue of Monthly Delivery Protocol and Monthly Invoice then either Party may refer the dispute to arbitration according to Article 1211. Any sum (or part thereof) which was the subject of a dispute between Parties and which is subsequently agreed or determined to be due, shall bear interest in accordance with Article 9.5 unless otherwise agreed by Parties in writing9.5. No Monthly Invoice shall be contested after the expiry of three (3) calendar months from the end of relevant Month of Delivery.

Appears in 2 contracts

Samples: Sales Agreement, Sales Agreement

Contesting. If any Monthly Delivery Protocol or Monthly Invoice is contested by one of the Parties, the uncontested part shall be paid promptly when due. The Party contesting the Monthly Delivery Protocol or Monthly Invoice shall give notice of the amount in dispute and the reasons therefore to the other Party. The Parties shall seek to settle the disputed amount as soon as possible and if no settlement can be achieved amicably between the Parties within one month from the date of issue of the Monthly Delivery Protocol and Monthly Invoice then either Party may refer the dispute to arbitration contested amount shall be settled according to Article 1211. Any sum (or part thereof) which was the subject of a dispute between the Parties and which is subsequently agreed or determined to be due, shall bear interest in accordance with Article 9.5 unless otherwise agreed by Parties in writing9.5. No Monthly Invoice shall be contested after the expiry of three (3) calendar months from the end of the relevant Month of Delivery.

Appears in 1 contract

Samples: Sales Agreement

Contesting. If any Monthly Delivery Protocol or Monthly Invoice is contested by one of the Parties, the uncontested part shall be paid promptly when due. The Party contesting the Monthly Delivery Protocol or Monthly Invoice shall give notice of the amount in dispute and the reasons therefore to the other Party. The Parties shall seek to settle the disputed amount as soon as possible and if no settlement can be achieved amicably between the Parties within one month from the date of issue issuance of the Monthly Delivery Protocol and Monthly Invoice then either Party may refer the dispute to arbitration contested amount shall be settled according to Article 1210. Any sum (or part thereof) which was the subject of a dispute between the Parties and which is subsequently agreed or determined to be due, shall bear interest in accordance with Article 9.5 unless otherwise agreed by Parties in writing8.5. No Monthly Invoice shall be contested after the expiry of three (3) calendar months from the end of the relevant Month of Delivery.

Appears in 1 contract

Samples: Gas Sales Agreement

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Contesting. If any Monthly Delivery Protocol or Monthly Invoice is contested by one of the Parties, the uncontested part shall be paid promptly when due. The Party contesting the Monthly Delivery Protocol or Monthly Invoice shall give notice of the amount in dispute and the reasons therefore to the other Party. The Parties shall seek to settle the disputed amount as soon as possible and if no settlement can be achieved amicably between the Parties within one month from the date of issue issuance of the Monthly Delivery Protocol and Monthly Invoice then either Party may refer the dispute to arbitration contested amount shall be settled according to Article 1211. Any sum (or part thereof) which was the subject of a dispute between the Parties and which is subsequently agreed or determined to be due, shall bear interest in accordance with Article 9.5 unless otherwise agreed by Parties in writing9.5. No Monthly Invoice shall be contested after the expiry of three (3) calendar months from the end of the relevant Month of Delivery.

Appears in 1 contract

Samples: Sales Agreement

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