Common use of Daily Adjustment Report Clause in Contracts

Daily Adjustment Report. Upon request, on the business day following the processing of any adjustment on any Account, Contractor will provide the Participating Entity with a daily report of each Account where an adjustment has been made to any previously applied payment or amount referred or owed. In addition, the report will summarize each day’s adjustment reasons by category of “Cash” or “Non-Cash”. Examples of adjustment reasons in each category are listed below (a Participating Entity may add other adjustment reasons or categories in the future).

Daily Adjustment Report. Upon request, on the business day following the processing of any adjustment on any Account, Contractor will provide the relevant Participating Entity with a daily report of each Account where an adjustment has been made to any previously applied payment or amount referred or owed. In addition, the report will summarize each day’s adjustment reasons by category of “Cash” or “Non-Cash”. Examples of adjustment reasons in each category are listed below (a Participating Entity may add other adjustment reasons or categories in the future).