Common use of INTEREST ON OVERPAYMENTS Clause in Contracts

INTEREST ON OVERPAYMENTS. If PG&E makes an overpayment to Contractor as a result of Contractor over xxxxxxxx, Contractor shall be liable to PG&E for interest on the amount of such overpayment to be computed (1) for the period beginning on the date the overpayment was made to Contractor and ending on the date Contractor repays the amount of such overpayment to PG&E, and (2) at a rate equal to the prime rate charged by the Bank of America, NT&SA, San Francisco, California.

Appears in 6 contracts

Samples: Information Agreement, Non Disclosure Agreement, Information Agreement

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INTEREST ON OVERPAYMENTS. If PG&E makes an overpayment to Contractor as a result of Contractor over xxxxxxxxbillings, Contractor shall be liable to PG&E for interest on the amount of such overpayment to be computed (1) for the period beginning on the date the overpayment was made to Contractor and ending on the date Contractor repays the amount of such overpayment to PG&E, and (2) at a rate equal to the prime rate charged by the Bank of America, NT&SA, San Francisco, California.

Appears in 1 contract

Samples: Access Agreement

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