Common use of Payment Disputes Clause in Contracts

Payment Disputes. (a) If a Party disagrees in good faith with any sum shown by any invoice or statement received as being payable by that Party, it shall pay the undisputed amount by the Due Date and shall promptly give notice of the amount in dispute and the reasons therefor to the other Party. The Parties shall seek to settle the disputed amount as soon as practicable and may refer such dispute to an Expert in accordance with Clause 23. (b) Upon determination or agreement of such dispute, any amount underpaid or overpaid shall be paid within fifteen (15) Business Days of receipt of the Service Provider’s invoice for such amount, together with interest accruing from day to day, after as well as before any judgement (at a rate equal to the Base Rate plus one per cent (1%)) from the Due Date up to the date of repayment of the underpaid or overpaid amount.

Payment Disputes. (a) If a Party disagrees in good faith with any sum shown by any invoice or statement received as being payable by that Party, it shall pay the undisputed amount by the Due Date and shall promptly give notice of the amount in dispute and the reasons therefor to the other Party. The Parties shall seek to settle the disputed amount as soon as practicable and may refer such dispute to an Expert in accordance with Clause 2325. (b) Upon determination or agreement of such dispute, any amount underpaid or overpaid shall be paid within fifteen (15) Business Days of receipt of the Service Provider’s invoice for such amount, together with interest accruing from day to day, after as well as before any judgement (at a rate equal to the Base Rate plus one per cent (1%)) from the Due Date up to the date of repayment of the underpaid or overpaid amount.

Payment Disputes. (a) If a Party disagrees in good faith with any sum shown by any invoice or statement received as being payable by that Party, it shall pay the undisputed amount by the Due Date and shall promptly give notice of the amount in dispute and the reasons therefor to the other Party. The Parties shall seek to settle the disputed amount as soon as practicable and may refer such dispute Dispute to an Expert in accordance with Clause 2325. (b) Upon determination or agreement of such disputeDispute, any amount underpaid or overpaid shall be paid within fifteen (15) Business Days of receipt of the Service Provider’s invoice for such amount, together with interest accruing from day to day, after as well as before any judgement (at a rate equal to the Base Rate plus one per cent (1%)) from the Due Date up to the date of repayment of the underpaid or overpaid amount.

Payment Disputes. (a) If a Party disagrees in good faith with any sum shown by any invoice or statement received as being payable by that Party, it shall pay the undisputed amount by the Due Date and shall promptly give notice of the amount in dispute and the reasons therefor to the other Party. The Parties shall seek to settle the disputed amount as soon as practicable and may refer such dispute Dispute to an Expert in accordance with Clause 23. (b) Upon determination or agreement of such disputeDispute, any amount underpaid or overpaid shall be paid within fifteen (15) Business Days of receipt of the Service Provider’s invoice for such amount, together with interest accruing from day to day, after as well as before any judgement (at a rate equal to the Base Rate plus one per cent (1%)) from the Due Date up to the date of repayment of the underpaid or overpaid amount.