Common use of Netting after Recomputation Clause in Contracts

Netting after Recomputation. If the recomputation for an error results in a net amount still owing to Anaheim after applying the amounts owed to Anaheim against any amounts owed to Seller in the payment statement, as described above, then Anaheim may, in its discretion, either net this net remaining amount owed to Anaheim against amounts owed to Seller in any subsequent monthly Payment Invoice to Seller or invoice Seller for such amount, in which case Seller must pay the amount owing to Anaheim within ten (10) calendar days after receipt of such invoice.

Appears in 4 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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