Common use of Disputed Xxxx Clause in Contracts

Disputed Xxxx. 8.4.1 If the Consumer disagrees with the amount specified in any Monthly Xxxx issued by the SPO, it shall give notice of such disagreement/dispute within 7 (Seven) days from the date of receipt of such Monthly Xxxx by the SPO. If the Consumer does not dispute the Monthly Xxxx within this time period, such Monthly Xxxx shall be regarded as conclusive between both Parties. 8.4.2 If the Consumer raises any dispute on a Monthly Xxxx ("Disputed Xxxx") within the period above-mentioned, it shall do so by issuing a written notice to the SPO setting out in detail the grounds of its dispute, calculation of the disputed amount along with all supporting explanation/evidence. 8.4.3 The Parties will thereafter act in good faith to mutually agree and resolve the dispute. If the Parties are unable to reach an agreement in respect of the dispute within 15 (Fifteen) days from the date of receipt of notice of dispute from the Consumer by the SPO, the matter may be referred to arbitration under terms of this Agreement. The existence of a dispute relating to the Disputed Xxxx shall not relieve either Party of its obligations under the Agreement.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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