Common use of Damages Invoicing Clause in Contracts

Damages Invoicing. By the tenth (10th) day following the end of the calendar month in which Delay Damages begin to accrue and continuing on the tenth (10th) day of each subsequent calendar month while such Delay Damages continue to accrue, Utility will deliver to Seller an invoice and a written explanation providing reasonable detail of the proposed calculation for the amount of Delay Damages due Utility. No later than thirty (30) days after receiving such an invoice and subject to Sections 10.3 and except to the extent the amount invoiced is subject to a good faith dispute under Section 10.4, Seller must pay to Utility, by wire transfer of immediately available funds to an account specified in writing by Utility, the amount stated in such invoice.

Damages Invoicing. By the tenth (10th) day following the end of the calendar month in which Delay Damages begin to accrue and continuing on the tenth (10th) day of each subsequent calendar month while such Delay Damages continue to accrue, Utility will deliver to Seller an invoice and a written explanation providing reasonable detail of the proposed calculation for the amount of Delay Damages due Utility. No later than thirty (30) days after receiving such an invoice and subject to Sections 10.3 and except to the extent the amount invoiced is subject to a good faith dispute under Section 10.4, Seller must pay to Utility, by wire transfer of immediately available funds to an account specified in writing by Utility, the amount stated in such invoice.. 14

Damages Invoicing. By the tenth (10th) day following the end of the calendar month in which Delay Damages begin to accrue and continuing on the tenth (10th) day of each subsequent calendar month while such Delay Damages continue to accrue, Utility will deliver to Seller an invoice and a written explanation providing reasonable detail of the proposed calculation for the amount of Delay Damages due Utility. No later than thirty (30) days after receiving such an invoice and subject to Sections 10.3 and except to the extent the amount invoiced is subject to a good faith dispute under Section 10.4, Seller must pay to Utility, by wire transfer of immediately available funds to an account specified in writing by Utility, the amount stated in such invoice.. SAMPLE