Common use of Disputed Xxxx Clause in Contracts

Disputed Xxxx. 4.1 If the Discoms does not dispute a Monthly Xxxx raised by the other Party within fifteen (15) days of receiving such Xxxx shall be taken as conclusive and binding. 4.2 If the Discoms disputes the amount payable under a Monthly Xxxx it shall pay 95% of the disputed amount and it shall within fifteen (15) days of receiving such Xxxx, issue a notice (the "Xxxx Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim.

Appears in 4 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

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