Common use of Over/Underpayment Clause in Contracts

Over/Underpayment. If either party discovers an error in the payment of State Supplemental Rebates, it shall notify the other of such error. The parties shall attempt to reconcile all differences through discussion and negotiation; if that attempt fails, the parties will resolve their dispute in accordance with OAR 410- 121-0580. Any adjustment shall be credited or recouped, as applicable, from subsequent State Supplemental Rebates payable under this Agreement. In the event that no subsequent State Supplemental Rebates are payable, DMAP will refund any such overpayment to Manufacturer within sixty days of the parties’ acknowledgement of the overpayment. Manufacturer will remit any underpayment to DMAP within sixty days of the parties’ acknowledgement of such underpayment.

Appears in 2 contracts

Samples: Supplemental Rebate Agreement, Supplemental Rebate Agreement

AutoNDA by SimpleDocs

Over/Underpayment. If either party discovers an error in the payment of State Supplemental Rebates, it shall notify the other of such error. The parties shall attempt to reconcile all differences through discussion and negotiation; if that attempt fails, the parties will resolve their dispute in accordance with OAR 410- 121-0580. Any adjustment shall be credited or recouped, as applicable, from subsequent State Supplemental Rebates payable under this Agreement. In the event that no subsequent State Supplemental Rebates are payable, DMAP OHA will refund any such overpayment to Manufacturer within sixty days of the parties’ acknowledgement of the overpayment. Manufacturer will remit any underpayment to DMAP OHA within sixty days of the parties’ acknowledgement of such underpayment.

Appears in 1 contract

Samples: Supplemental Rebate Agreement

AutoNDA by SimpleDocs

Over/Underpayment. If either party discovers an error in the payment of State Supplemental Rebates, it shall notify the other of such error. The parties shall attempt to reconcile all differences through discussion and negotiation; if that attempt fails, the parties will resolve their dispute in accordance with OAR 410- 121-0580. Any adjustment shall be credited or recouped, as applicable, from subsequent State Supplemental Rebates payable under this Agreement. In the event that no subsequent State Supplemental Rebates are payable, DMAP Agency will refund any such overpayment to Manufacturer within sixty days of the parties’ acknowledgement of the overpayment. Manufacturer will remit any underpayment to DMAP Agency within sixty days of the parties’ acknowledgement of such underpayment.

Appears in 1 contract

Samples: Rebate Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.