Common use of Invoicing and Invoice Approval Clause in Contracts

Invoicing and Invoice Approval. Other than the initial payment described in Section 8.2(a) above, Owner shall pay all submitted DELTA-T invoices within the later of thirty (30) calendar days after the event occurrence date and thirty (30) calendar days from date of receipt of the subsequent invoices. Owner shall promptly review all DELTA-T invoices and, where appropriate, supporting documentation, and approve for payment such amounts as Owner reasonably determines to be properly due under the Contract. If Owner disputes any amount invoiced, it shall: (i) give notice to DELTA-T of such disputed amount together with a statement of the basis of the dispute, with such notice to be delivered by the due date for the applicable invoice, and (ii) pay undisputed amounts on or before the due date. If Owner fails to provide notice of a disputed amount within the prescribed period, it shall be deemed to have waived its right to withhold such amount. DELTA-T shall provide Owner with access to such information or records which are necessary to enable Owner to verify the accuracy of any invoice. Xxxxxxxx EPT

Appears in 1 contract

Samples: Technology License Agreement (Pacific Ethanol, Inc.)

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Invoicing and Invoice Approval. Other than the initial payment described in Section 8.2(a) above, Owner shall pay all submitted DELTA-T invoices within the later of thirty (30) calendar days after the event occurrence date and thirty (30) calendar days from date of receipt of the subsequent invoices. Owner shall promptly review all DELTA-T invoices and, where appropriate, supporting documentation, and approve for payment such amounts as Owner reasonably determines to be properly due under the Contract. If Owner disputes any amount invoiced, it shall: (i) give notice to DELTA-T of such disputed amount together with a statement of the basis of the dispute, with such notice to be delivered by the due date for the applicable invoice, and (ii) pay undisputed amounts on or before the due date. If Owner fails to provide notice of a disputed amount within the prescribed period, it shall be deemed to have waived its right to withhold such amount. DELTA-T shall provide Owner with access to such information or records which are necessary to enable Owner to verify the accuracy of any invoice. Xxxxxxxx Plant #3 EPT

Appears in 1 contract

Samples: Agreement (Pacific Ethanol, Inc.)

Invoicing and Invoice Approval. Other than the initial payment described in Section 8.2(a) above, Owner shall pay all submitted DELTA-T invoices within the later of thirty (30) calendar days after the event occurrence date and thirty (30) calendar days from date of receipt of the subsequent invoices. Owner shall promptly review all DELTA-T invoices and, where appropriate, supporting documentation, and approve for payment such amounts as Owner reasonably determines to be properly due under the Contract. If Owner disputes any amount invoiced, it shall: (i) give notice to DELTA-T of such disputed amount together with a statement of the basis of the dispute, with such notice to be delivered by the due date for the applicable invoice, and (ii) pay undisputed amounts on or before the due date. If Owner fails to provide notice of a disputed amount within the prescribed period, it shall be deemed to have waived its right to withhold such amount. DELTA-T shall provide Owner with access to such information or records which are necessary to enable Owner to verify the accuracy of any invoice. Xxxxxxxx Plant #5 EPT

Appears in 1 contract

Samples: Agreement (Pacific Ethanol, Inc.)

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Invoicing and Invoice Approval. Other than the initial payment described in Section 8.2(a) above, Owner shall pay all submitted DELTA-T invoices within the later of thirty (30) calendar days after the event occurrence date and thirty (30) calendar days from date of receipt of the subsequent invoices. Owner shall promptly review all DELTA-T invoices and, where appropriate, supporting documentation, and approve for payment such amounts as Owner reasonably determines to be properly due under the Contract. If Owner disputes any amount invoiced, it shall: (i) give notice to DELTA-T of such disputed amount together with a statement of the basis of the dispute, with such notice to be delivered by the due date for the applicable invoice, and (ii) pay undisputed amounts on or before the due date. If Owner fails to provide notice of a disputed amount within the prescribed period, it shall be deemed to have waived its right to withhold such amount. DELTA-T shall provide Owner with access to such information or records which are necessary to enable Owner to verify the accuracy of any invoice. Xxxxxxxx Plant #4 EPT

Appears in 1 contract

Samples: Agreement (Pacific Ethanol, Inc.)

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