Disputed Funds Sample Clauses

Disputed Funds. In the event of a dispute between Seller and Purchaser, Escrow Agent shall not disburse any Escrow Funds (to the extent such funds are in dispute) until it has received:
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Disputed Funds. Smile Care Agency offers no guarantee to either Client or self-employed carer that there will be either reimbursement or full payment in the event of dispute arbitration. Smile Care Agency will endeavour to come to an equitable outcome based upon the evidence available. Any disputes should be notified in writing within 1 (one) week of the disputed period.
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Disputed Funds. The Assignor is holding certain funds (the “Disputed Funds”) received by the Assignor in payment of certain accounts receivable in which the Assignor, Borrower and Southpeak Interactive, LLC and/or its subsidiary, AlterEgo Games, LLC claim an interest. The Assignor believes that the Disputed Funds are payments on account of Xxxxxxxx’s accounts receivable and consequently constitute the Assignor’s collateral under the Factoring Agreement. At the request of Xxxxxxxx, the Assignor has not applied the Disputed Funds to amounts due to Assignor under the Factoring Agreement. Simultaneous with the consummation of the transaction contemplated hereby, the Assignor is delivering to Assignee the Disputed Funds. The forgoing statements relating to the Disputed Funds do not constitute a representation or warranty by Assignor and Assignor expressly makes no representations or warranties of any kind or nature with respect to or regarding the Disputed Funds and the rights, if any, of the Assignor, Borrower and/or Assignee therein or whether or not the Disputed Funds constitute collateral under the Factoring Agreement.
Sample 1
Disputed Funds. The unpaid monies for a contract between the Service User and Service Provider are held in an escrow account and Xxxxxxx offers no guarantee to either the Service User or Service Provider that there will be either reimbursement or full payment refund arising from a dispute between the contracted parties. The Service Provider will be responsible for setting their dispute policy as part of their account, Service Users will accept these policies as part of their direct contract for Services with that Service Provider.
Sample 1

Related to Disputed Funds

  • Disputed Payments If either Party, in good faith, disputes the accuracy of an invoice from the other hereunder, the disputing Party shall provide to the other Party an explanation of the basis for the dispute and shall pay to the other Party the portion of the invoice not in dispute by the due date (but shall not be required to pay the disputed portion). For the avoidance of doubt, a Party may dispute the accuracy of an invoice from the other hereunder after payment has been made in respect of such invoice. Any amount disputed by a Party pursuant to this Section 11.4 that is later conclusively determined (whether by agreement of the Parties or a final, non-appealable determination of a Governmental Authority with jurisdiction) to be properly due and payable shall be paid to the Party owed payment on or before ten (10) Days after such determination, together with interest accrued at the Interest Rate from the first Day following the date on which payment would have been made if not disputed to but excluding the date payment is made.

  • Disputed Amounts 28.1.1 If any portion of an amount due to a Party (the “Billing Party”) under this Agreement is subject to a bona fide dispute between the Parties, the Party billed (the “Non-Paying Party”) shall, prior to the Xxxx Due Date, give written notice to the Billing Party of the amounts it disputes (“Disputed Amounts”) and include in such written notice the specific details and reasons for disputing each item; provided, however, a failure to provide such notice by that date shall not preclude a Party from subsequently challenging billed charges provided that such charges were paid. The Non-Paying Party shall pay when due all undisputed amounts to the Billing Party. Notwithstanding the foregoing, except as provided in Section 28.2, a Party shall be entitled to dispute only those charges for which the Date was within the immediately preceding eighteen (18) months of the date on which the other Party received notice of such Disputed Amounts.

  • Disputed Claims 4.1 Notwithstanding paragraph 4.5 of this Schedule, payment by the Authority of all or any part of any invoice rendered or other claim for payment by the Contractor shall not signify approval of such invoice/claim. The Authority reserves the right to verify invoices/claims after the date of payment and subsequently to recover any sums which have been overpaid.

  • Closing Adjustments To the extent that any prorations, adjustments or other amounts with respect to the Contributed Entity or the Property shall be payable by or to the Contributors at or following each Closing in accordance with the provisions of the Master Agreement, the amount of the purchase consideration determined pursuant to Section 1.2(a) shall be adjusted accordingly, it being acknowledged and agreed by each Contributor that from and after the date hereof, (i) the Contributed Entity shall not declare, pay or otherwise make provision for any dividends or distributions and (ii) immediately prior to the Closing, in addition to any prorations, adjustments or other amounts payable by or to the Contributors with respect to the Contributed Entity or the Property, the Contributed Entity shall distribute to each Contributor receiving Securities an amount equal to the amount such Contributor would have been paid as a distribution on account of the Securities it will receive at Closing had such Securities been issued and sold to such Contributor at the Initial Closing.

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