Disputed Invoices and Late Payments Sample Clauses

Disputed Invoices and Late Payments a) You have the right to dispute your bill, but you must pay your bill in full while a dispute is being resolved. You’re responsible for all legal and collection fees from us trying to collect any amounts owing.
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Disputed Invoices and Late Payments. For any disputed invoices or the disputed portion of an invoice, Sponsor will use reasonable efforts to provide Service Provider the reason for such dispute [****] days of the receipt of such invoice. Upon request, Service Provider will provide reasonable back-up documentation in support of the disputed invoice or disputed portion thereto. The parties will use commercially reasonable efforts through the Governance Committee to resolve such dispute and in accordance with Section 9.10. Service Provider reserves the right to impose, and Sponsor agrees to pay if imposed by Service Provider, interest from the due date of the invoice in an amount equal to [****] per month (or the maximum lesser amount permitted by law) of all undisputed amounts owing hereunder which are outstanding [****] or more days from the due date of the invoice.
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Disputed Invoices and Late Payments. Petrohawk shall pay all invoices within 30 days after receipt except if Petrohawk disputes any part (the majority of or entire invoices cannot be disputed) of an invoice, Petrohawk shall, within ten (10) days after receipt of the invoice, or 15 days from date of invoice, whichever is earlier, notify PES of the item disputed, specifying the reason therefore, and providing the amount Petrohawk asserts should be the correct amount and payment of the disputed item only may be withheld until settlement of the dispute. All disputes not resolved by the parties within 30 days of such notice shall be submitted to an independent third party selected by mutual agreement of the parties and such third party shall resolve the dispute within 15 days after such submission. The decision of such third party shall be binding on both parties. This Summary of Terms constitutes a statement of the present mutual intent of the parties with respect to the proposed transactions and is to be considered a commitment and a legally binding agreement of the parties. We look forward to working with you on this project. Platinum Energy Solutions, Inc. By: /s/ Xxxxxx Xxxxxx Print Name: Xxxxxx Xxxxxx Title: COO Date: 9/2/2010 Petrohawk Energy By: /s/ Xxxxxxx X. Xxxxxxxxxxx Print Name: Xxxxxxx X. Xxxxxxxxxxx Title: President and COO
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Related to Disputed Invoices and Late Payments

  • Disputed Invoices If the Trader or the Distributor disputes a Tax Invoice (which includes a Revision Invoice) issued under this clause 9, the party disputing the invoice ("Disputing Party") must notify the other party ("Non-disputing Party") in writing and provide details as to the reasons why the Disputing Party disputes that invoice within 18 months of the date of the first Tax Invoice issued in respect of the Distribution Services charges the subject of the disputed Tax Invoice ("Invoice Dispute"). On receiving an Invoice Dispute notice, the Non-disputing Party must:

  • Invoice Disputes If you believe any delivered software or service does not conform to the warranties in this Agreement, you will provide us with written notice within thirty (30) days of your receipt of the applicable invoice. The written notice must contain reasonable detail of the issues you contend are in dispute so that we can confirm the issue and respond to your notice with either a justification of the invoice, an adjustment to the invoice, or a proposal addressing the issues presented in your notice. We will work with you as may be necessary to develop an action plan that outlines reasonable steps to be taken by each of us to resolve any issues presented in your notice. You may withhold payment of the amount(s) actually in dispute, and only those amounts, until we complete the action items outlined in the plan. If we are unable to complete the action items outlined in the action plan because of your failure to complete the items agreed to be done by you, then you will remit full payment of the invoice. We reserve the right to suspend delivery of all SaaS Services, including maintenance and support services, if you fail to pay an invoice not disputed as described above within fifteen (15) days of notice of our intent to do so.

  • Late Payments If any undisputed amount in an invoice of the Transfer Agent (for fees or reimbursable expenses) is not paid when due, the Fund shall pay the Transfer Agent interest thereon (from the due date to the date of payment) at a per annum rate equal to one percent (1.0%) plus the Prime Rate (that is, the base rate on corporate loans posted by large domestic banks) published by The Wall Street Journal (or, in the event such rate is not so published, a reasonably equivalent published rate selected by the Fund) on the first day of publication during the month when such amount was due. Notwithstanding any other provision hereof, such interest rate shall be no greater than permitted under applicable provisions of Massachusetts law.

  • Interest on Late Payments a. State Agencies The payment of interest on certain payments due and owed by Agency may be made in accordance with Article 11-A of the State Finance Law (SFL §179-d et. Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.).

  • Late Payment Timeliness of payment and any interest to be paid to Contractor for late payment shall be governed by Article 11-A of the State Finance Law to the extent required by law.

  • Payment Disputes We will not exercise Our rights under Section 6.3 (Overdue Charges) or 6.4 (Suspension of Service and Acceleration) above if You are disputing the applicable charges reasonably and in good faith and are cooperating diligently to resolve the dispute.

  • Basis for calculation of periodic payments All interest and commitment fee and any other payments under any Finance Document which are of an annual or periodic nature shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.

  • Interest on Late Payment Subject to clause 9.7, the Trader or the Distributor (as the case may be) must pay any Tax Invoice issued under this clause 9. If any part of a Tax Invoice that is properly due in accordance with this Agreement is not paid by the due date, Default Interest may be charged on the outstanding amount for the period that the Tax Invoice remains unpaid.

  • Underpayments/Overpayments If a report of an independent public accounting firm submitted to the Parties in accordance with Section 4.4.6 shows any underpayment of royalties and other payments due under this Article IV, Nestlé will remit to the Company within forty five (45) days after receipt of such report by Nestlé, (a) the amount of such underpayment plus interest, calculated from the date such underpayment should have been originally made to the Company and (b) if such underpayment exceeds [**] of the total amount owed to the Company for the Calendar Year then being audited, the reasonable fees and expenses of such independent public accounting firm performing the audit, subject to reasonable substantiation thereof. If such independent public accounting firm’s written report shows any overpayment of royalties or other payments due under this Article IV, Nestlé will receive a credit equal to such overpayment plus interest, calculated from the date such overpayment was originally made to the Company hereunder against the royalties and other payments due under this Article IV otherwise payable to the Company.

  • Late Payment Charges Except for Disputed Amounts, if a Party fails to remit payment for any charges for services by the Xxxx Due Date, or if a payment or any portion of a payment is received by a Party after the Xxxx Due Date, or if payment is not made by check that is currently dated and drawn on an account with sufficient available funds, then a late payment charge may be assessed as provided in Section 27.8.

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