Common use of Disputed Sums Clause in Contracts

Disputed Sums. The TRPA may withhold payment of any portion of the Compensation if payment is disputed until resolution of the dispute with the Consultant. Such withholding by the TRPA shall not be deemed to constitute a failure to pay by the TRPA. The Consultant shall not discontinue the provision of Products or performance of Services for a period of thirty (30) days from the date Compensation is withheld hereunder. The Consultant shall have an immediate right to appeal to the TRPA with respect to withheld amounts. The determination of the TRPA with respect to such matters shall be final. The Consultant shall be entitled to receive interest on any portions of the Compensation withheld which are thereafter deemed to be properly payable to the Consultant at the rate of five percent (5%) per annum, simple interest.

Appears in 4 contracts

Samples: Consultant Services Agreement, Consultant Services Agreement, Consultant Services Agreement

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Disputed Sums. The TRPA may withhold payment of any portion of the Compensation compensation if payment is disputed until resolution of the dispute with the Consultant. Such withholding by the TRPA shall not be deemed deemed, by the Consultant, to constitute a failure to pay by the TRPA. The Consultant consultant shall not discontinue the provision of Products or performance of the Services for a period of thirty (30) days from the date Compensation is withheld hereunder. The Consultant shall have an immediate right to appeal to the TRPA with respect to withheld amounts. The determination of the TRPA with respect to such matters shall be final. The Consultant shall be entitled to receive from TRPA interest on any portions of the Compensation withheld which are thereafter deemed to be properly payable to the Consultant at the rate of five seven percent (5%7 percent) per annum, simple interest.

Appears in 2 contracts

Samples: Consultant Services Agreement, Consultant Services Agreement

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