Common use of Disputes and Adjustments of Invoices Clause in Contracts

Disputes and Adjustments of Invoices. Each Party may, in good faith, Dispute the correctness of any invoice or invoice adjustment provided by the other Party by providing written notice within thirty (30) days of receipt of an invoice or invoice adjustment, stating the basis for the dispute. Subject to Section 5.3 or manifest error, the disputing Party shall make payment of the entire amount due under the disputed invoice. Any amounts to be paid to the disputing Party shall be made within ten (10) Business Days of resolution of the Dispute, together with interest accrued at the Interest Rate, from and including the date of such overpayment until the date of repayment. In no event shall Buyer be obligated to pay amounts to which it exercises its right of setoff under Section 5.3.

Appears in 5 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement, Storage Capacity Agreement

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Disputes and Adjustments of Invoices. Each Party may, in good faith, Dispute the correctness of any invoice or invoice adjustment provided by the other Party by providing written notice within thirty (30) days of receipt of an invoice or invoice adjustment, stating the basis for the dispute. Subject to Section 5.3 or manifest error, the disputing Party shall make payment of the entire amount due under the disputed invoice. Any amounts to be paid to the disputing Party shall be made within ten (10) Business Days of resolution of the Dispute, together with interest accrued at the Interest Rate, from and including the date of such overpayment until the date of repayment. In no event shall Buyer be obligated to pay amounts to which it exercises its right of setoff under Section 5.3.5.3.β€Œ

Appears in 2 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement

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