Invoices Final and Binding. Unless the Contracting Party has advised Exchange of any error in, or dispute in respect of, an Invoice, the Invoice will be final and binding, absent manifest error, for all purposes on both the Contracting Party and Exchange:
(i) for Invoices for Physically Settled Gas Futures Transactions, 120 days after the Physical Settlement Date on which the Invoice was due;
(ii) for Invoices for Physically Settled Power Futures Transactions, 120 days after the Physical Settlement Date on which the Invoice was due, unless the Contracting Party has made a Failure to Schedule to Deliver or a Failure to Schedule to Take, in which case, Invoices payable will not be considered final until 180 days after the Physical Power Delivery Date;
(iii) for Daily Financially Settled Futures Transactions, 120 days after the MTM Settlement Date on which the Invoice was due;
(iv) for all other Financially Settled Futures Transactions, 120 days after the Settlement Date on which the Invoice was due;
(v) for Option Transactions, 120 days after the Premium Payment Date on which the Invoice was due; and
(vi) for Invoices for Forward (Bilateral) Transactions, 120 days after the Physical Settlement Date on which the Invoice was due.
