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Common use of Payment Disputes Clause in Contracts

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 53. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(4) to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) and Article 53(5) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9). 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 12 contracts

Samples: Capacity Allocation Agreement, Rules for Explicit Daily Capacity Allocation, Rules for Explicit Daily Capacity Allocation

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 70 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5365. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 70 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(462(4) to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(265(3) and Article 53(5(6) was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 9 paragraph 1(g1 (g). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(462(4) to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(265(3) and Article 53(5(6) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(765(8). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(965(10). 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 8 contracts

Samples: Allocation Rules for Forward Capacity Allocation, Allocation Rules for Forward Capacity Allocation, Allocation Rules for Forward Capacity Allocation

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 57 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5352. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 57 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(4) 49 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 52 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1 (g). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 49 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) 52 and Article 53(5) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)52. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)52. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 8 contracts

Samples: Rules for Daily Capacity Allocation, Rules for Daily Capacity Allocation, Rules for Daily Capacity Allocation

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 71 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5366. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 71 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(463(4) to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(266(3) and Article 53(566(6) was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 9 paragraph 1(g1 (g). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(463(4) to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(266(3) and Article 53(566(6) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(766(8). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(966(10). 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 5 contracts

Samples: Allocation Rules for Forward Capacity Allocation, Allocation Rules for Forward Capacity Allocation, Allocation Rules for Forward Capacity Allocation

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Single Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and emailelectronic means as specified by the Single Allocation Platform on its website. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Single Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 70 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5365. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 70 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Single Allocation Platform shall refund any amount including interest to be calculated according Article 50(462(4) to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(265(3) and Article 53(5(6) was higher or the amount paid by the Single Allocation Platform was lower than the due amount. The Single Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 0 paragraph 1(g1 (h). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(462(4) to the Single Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(265(3) and Article 53(5(6) was lower or the amount paid by the Single Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(765(8). Upon such payment the Single Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(965(10). 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 3 contracts

Samples: Harmonised Allocation Rules for Long Term Transmission Rights, Harmonised Allocation Rules for Long Term Transmission Rights, Harmonised Allocation Rules for Long Term Transmission Rights

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 53. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(4) to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) and Article 53(5) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9). 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 3 contracts

Samples: Rules for Explicit Daily Capacity Allocation, Rules for Explicit Daily Capacity Allocation, Daily Explicit Capacity Allocation Rules

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, invoice including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 47 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5342. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 47 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according to Article 50(4) to 40 the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 42 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g)8. (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 40 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) and Article 53(5) 42 was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)42. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 2 contracts

Samples: Shadow Allocation Rules, Shadow Allocation Rules

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, invoice including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 48 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5343. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 48 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according to Article 50(4) to 41 the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 43 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g)8. (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 41 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) and Article 53(5) 43 was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)43. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 2 contracts

Samples: Shadow Allocation Rules, Shadow Allocation Rules

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 70 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5365. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 70 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(462(4) to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(265(3) and Article 53(5(6) was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 9 paragraph 1(g1 (g). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(462(4) to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(265(3) and Article 53(5(6) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(765(8). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(965(10). 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 2 contracts

Samples: Allocation Rules for Forward Capacity Allocation, Participation Agreement

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and emailelectronic means as specified by the Allocation Platform on its website. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 53. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(4) to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1(h). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) and Article 53(5) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9). 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 2 contracts

Samples: Capacity Allocation Rules, Capacity Allocation Rules

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. electronic means as specified by the Allocation Platform on its website Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days Days after the notification, the procedure for the dispute resolution in accordance with Article 58 57 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5352. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 57 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(4) 49 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 52 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1 (h). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 49 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) 52 and Article 53(5) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)52. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)52. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 2 contracts

Samples: Rules for Daily Capacity Allocation on Swiss Borders, Rules for Daily Capacity Allocation

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, then such difference will constitute a dispute and the procedure for the dispute resolution in accordance with Article 58 50 shall apply. 3. A difference or dispute shall in no way relieve or suspend the Party Registered Participant from the obligation to pay the amounts due as set forth in Article 5345 paragraph 1. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 50 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply:, (a) the Allocation Platform shall refund any amount including interest to be calculated according to Article 50(4) 42 paragraph 4 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) 45 paragraphs 1 and Article 53(5) 4 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1 (g).; (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 42 paragraph 4 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) 45 paragraphs 1 and Article 53(5) 4 was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)45 paragraph 6. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)45 paragraph 8. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Allocation Rules for Intraday Capacity Allocation

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and emailelectronic means as specified by the Allocation Platform on its website. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 56 shall apply. 3. A difference or dispute shall in no way relieve the Party Registered Participant from the obligation to pay the amounts due as set forth in Article 5351 paragraph 1. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 56 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according to Article 50(4) 48 paragraph 4 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 51 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1 (h).; (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 48 paragraph 4 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) and Article 53(5) 51 was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)51 paragraph 6. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)51 paragraph 8. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Eleclink Day Ahead Allocation Rules

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. electronic means as specified by the Allocation Platform on its website Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days Days after the notification, the procedure for the dispute resolution in accordance with Article 58 56 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5351. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 56 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(4) 48 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 51 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 9 paragraph 1(g)1 (h) provided the Allocation Platform has received the amount due from the relevant TSOs if applicable. . (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 48 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) 51 and Article 53(5) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)51. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)51. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Rules for Daily Capacity Allocation on Ukrainian Borders

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and emailelectronic means as specified by the Allocation Platform on its website. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 70 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5365. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 70 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according to Article 50(4) 62 paragraph 4 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(265 paragraphs 3) and Article 53(5) 6 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1 (h). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 62 paragraph 4 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(265 paragraphs 3) and Article 53(5) 6 was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)65 paragraph 8. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)65 paragraph 7. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Long Term Allocation Rules

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and emailelectronic means as specified by the Allocation Platform on its website. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 70 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5365. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 70 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) a. the Allocation Platform shall refund any amount including interest to be calculated according Article 50(462(4) to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(265(3) and Article 53(5(6) was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 9 paragraph 1(g1 (h). (b) b. the Registered Participant shall pay any amount including interest to be calculated according to Article 50(462(4) to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(265(3) and Article 53(5(6) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(765(8). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(965(10). 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Rules for Forward Capacity Allocation

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. electronic means as specified by the Allocation Platform on its website Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 57 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5352. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 57 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according Article 50(4) 49 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 52 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1 (h). (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 49 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) 52 and Article 53(5) was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)52. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)52. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Rules for Daily Capacity Allocation

Payment Disputes. 1. A Registered Participant Participantregistered participant may dispute the amount of an invoice, including any amounts to be credited to the Registered ParticipantParticipantregistered participant. In this case, the Registered Participant Participantregistered participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform Platformallocation platform as soon as practicable and in any event within fifteen (15) Working Days Dayworking days after the date of issuance of the invoice or credit note by registered mail and email. electronic means as specified by the Allocation Platformallocation platform on its website Beyond this period, the invoice shall be deemed to have been accepted by the Registered ParticipantParticipantregistered participant. 2. If the Registered Participant Participantregistered participant and the Allocation Platform Platformallocation platform are unable to resolve the difference within ten (10) Working Dayworking days after the notification, the procedure for the dispute resolution in accordance with Article 58 57 shall apply. 3. A dispute shall in no way relieve the Party Partyparty from the obligation to pay the amounts due as set forth in Article 5352. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 57 that an amount paid or received by the Registered Participant Participantregistered participant was not properly payable, the following process shall apply: (a) the Allocation Platform Platformallocation platform shall refund any amount including interest to be calculated according Article 50(4) 49 to the Registered Participant Participantregistered participant in case that the amount paid by the Registered Participant Participantregistered participant as set forth in Article 53(2) and Article 53(5) 52 was higher or the amount paid by the Allocation Platform Platformallocation platform was lower than the due amount. The Allocation Platform Platformallocation platform shall make the payment to the bank account indicated by the Registered Participant Participantregistered participant for this reimbursement in accordance with Article 8 paragraph 1(g)1 (h) provided the allocation platform has received the amount due from the relevant TSOs if applicable. (b) the Registered Participant Participantregistered participant shall pay any amount including interest to be calculated according to Article 50(4) 49 to the Allocation Platform Platformallocation platform in case that the amount paid by the Registered Party Partyparty as set forth in Article 53(2) 52 and Article 53(5) was lower or the amount paid by the Allocation Platform Platformallocation platform was higher than the due amount. The Registered Participant Participantregistered participant shall make the payment in accordance with the procedure set forth in Article 53(7)52. Upon such payment the Allocation Platform Platformallocation platform shall update the Credit Limit Limitcredit limit of the Registered Participant Participantregistered participant as set forth in Article 53(9)52. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Rules for Daily Capacity Allocation on Swiss Borders

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and emailelectronic means as specified by the Allocation Platform on its website. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 50 shall apply. 3. A dispute shall in no way relieve the Party Registered Participant from the obligation to pay the amounts due as set forth in Article 5345 paragraph 1. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 50 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according to Article 50(4) 42 paragraph 4 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) 45 paragraphs 1 and Article 53(5) 4 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1 (h).; (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 42 paragraph 4 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) 45 paragraphs 1 and Article 53(5) 4 was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)45 paragraph 6. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)45 paragraph 8. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Eleclink Intraday Allocation Rules

Payment Disputes. 1. A Registered Participant registered participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participantregistered participant. In this case, the Registered Participant registered participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform allocation platform as soon as practicable and in any event within fifteen (15) Working Days working days after the date of issuance of the invoice or credit note by registered mail and email. electronic means as specified by the allocation platform on its website Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participantregistered participant. 2. If the Registered Participant registered participant and the Allocation Platform allocation platform are unable to resolve the difference within ten (10) Working working days after the notification, the procedure for the dispute resolution in accordance with Article 58 57 shall apply. 3. A dispute shall in no way relieve the Party party from the obligation to pay the amounts due as set forth in Article 5352. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 57 that an amount paid or received by the Registered Participant registered participant was not properly payable, the following process shall apply: (a) the Allocation Platform allocation platform shall refund any amount including interest to be calculated according Article 50(4) 49 to the Registered Participant registered participant in case that the amount paid by the Registered Participant registered participant as set forth in Article 53(2) and Article 53(5) 52 was higher or the amount paid by the Allocation Platform allocation platform was lower than the due amount. The Allocation Platform allocation platform shall make the payment to the bank account indicated by the Registered Participant registered participant for this reimbursement in accordance with Article 8 paragraph 1(g)1 (h) provided the allocation platform has received the amount due from the relevant TSOs if applicable. (b) the Registered Participant registered participant shall pay any amount including interest to be calculated according to Article 50(4) 49 to the Allocation Platform allocation platform in case that the amount paid by the Registered Party party as set forth in Article 53(2) 52 and Article 53(5) was lower or the amount paid by the Allocation Platform allocation platform was higher than the due amount. The Registered Participant registered participant shall make the payment in accordance with the procedure set forth in Article 53(7)52. Upon such payment the Allocation Platform allocation platform shall update the Credit Limit credit limit of the Registered Participant registered participant as set forth in Article 53(9)52. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Rules for Daily Capacity Allocation on Swiss Borders

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and emailelectronic means as specified by the Allocation Platform on its website. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 57 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5352. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 57 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) a. the Allocation Platform shall refund any amount including interest to be calculated according Article 50(4) 49 to the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 52 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g1 (h). (b) b. the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 49 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) 52 and Article 53(5) was lower or the amount paid by the Allocation Platform was higher than the due amount. . c. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7)52. Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)52. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Rules for Daily Capacity Allocation

Payment Disputes. 1. A Registered Participant may dispute the amount of an invoice, invoice including any amounts to be credited to the Registered Participant. In this case, the Registered Participant shall notify the nature of the dispute and the amount in dispute to the Allocation Platform as soon as practicable and in any event within fifteen (15) Working Days after the date of issuance of the invoice or credit note by registered mail and email. Beyond this period, the invoice shall be deemed to have been accepted by the Registered Participant. 2. If the Registered Participant and the Allocation Platform are unable to resolve the difference within ten (10) Working days after the notification, the procedure for the dispute resolution in accordance with Article 58 47 shall apply. 3. A dispute shall in no way relieve the Party from the obligation to pay the amounts due as set forth in Article 5342. 4. If it is agreed or determined based upon the dispute resolution procedure as set forth in Article 58 47 that an amount paid or received by the Registered Participant was not properly payable, the following process shall apply: (a) the Allocation Platform shall refund any amount including interest to be calculated according to Article 50(4) to 40 the Registered Participant in case that the amount paid by the Registered Participant as set forth in Article 53(2) and Article 53(5) 42 was higher or the amount paid by the Allocation Platform was lower than the due amount. The Allocation Platform shall make the payment to the bank account indicated by the Registered Participant for this reimbursement in accordance with Article 8 paragraph 1(g)8. (b) the Registered Participant shall pay any amount including interest to be calculated according to Article 50(4) 40 to the Allocation Platform in case that the amount paid by the Registered Party as set forth in Article 53(2) and Article 53(5) 42 was lower or the amount paid by the Allocation Platform was higher than the due amount. The Registered Participant shall make the payment in accordance with the procedure set forth in Article 53(7). Upon such payment the Allocation Platform shall update the Credit Limit of the Registered Participant as set forth in Article 53(9)42. 5. The interest paid in case of a payment in accordance with paragraph 4 of this Article shall be applied from the first (1st) day following the date on which the payment was due up to the date on which the disputed amount was refunded and it shall apply also to all taxes and levies required by law.

Appears in 1 contract

Samples: Shadow Allocation Rules