Payment Errors. (a) If either Buyer or Seller believes that there has been an error in an amount paid or the timing of any payment hereunder, then such party shall notify the other party of such alleged error and shall provide such written evidence of the error as is available at the time of such notice. Each party shall provide the other with sufficient records relating to the matter so as to permit the parties to attempt to resolve the inconsistency.
(b) Following the determination of whether an error occurred, any overpayment or underpayment found shall be remedied, by the party that benefited from such error.
(c) Notwithstanding the foregoing, neither party may question the accuracy, correctness, timing or amount of any payment under this Agreement unless it notifies the other party of its disagreement within the 12 months immediately following the date such payment was due.
Payment Errors. Payment Error in Excess of $500,000. If the STATE determines that there has been an error in its payment to the MCO pursuant to Article 4 that resulted in overpayment or underpayment in excess of $500,000 due to reasons not including rate-setting methodology, or Fraud or Abuse by the MCO or the Enrollee, the STATE or the MCO may make a claim under this section.
Payment Errors. In the event that any errors in payments shall be determined, such errors shall be corrected by appropriate adjustment in payment for the quarterly period during which the error is discovered. In the event of an underpayment of more than five percent (5%) of the proper amount owed, upon such underpayment being properly determined by the Auditor, Licensee shall reimburse SUN the amount of said underpayment and the reasonable charges of the Auditor in performing the audit that identified said underpayment, and interest on the overdue amount at the maximum allowable interest rate from the date of accrual of such obligation.
Payment Errors. In the event of an error or under or overpayment the District and the employee will work out a reasonable time for repayment, which will normally be within the work year in which the error occurred. A longer period will be considered when there is assurance the employee will continue employment with the District the following year.
Payment Errors. If an error in payment (over payment or under payment) is discovered by Boeing or Seller, a written notification will be submitted to the other Party and resolution of the error will occur in a timely manner after discovery of such error.
Payment Errors. It is expressly understood and agreed that CDN shall have the right to have returned to it any payments made to Vendor in error, including as the result of fraud. CDN may initiate ACH debits for payment errors or set-off or recoup such errors by making deductions from future settlements.
Payment Errors. 4.8.1 Payment Error in Excess of $500,000. If the STATE determines that there has been an error in its payment to the MCO pursuant to Article 4 that resulted in overpayment or underpayment in excess of $500,000 due to reasons not including rate-setting methodology, or Fraud or Abuse by the MCO or the Enrollee, the STATE or the MCO may make a claim under this section. Independent Audit. The STATE or the MCO may request an independent audit of the payment error prior to recovery or offset by the STATE of the overpayment or underpayment amount.
(1) The STATE shall select the independent auditor and shall determine the scope of the audit, and shall involve the MCO in discussions to determine the scope of the audit and selection of the auditor.
(2) The MCO must request the audit in writing within sixty (60) days from actual receipt of the STATE's written notice of overpayment.
(3) Neither the STATE nor the MCO shall be bound by the results of the audit.
(4) The STATE shall not be obligated to honor the MCO’s request for an independent audit if in fact sufficient funds are not available for this purpose or if in fact an independent auditor cannot be obtained at a reasonable cost. This does not preclude the MCO from obtaining an independent audit at its own expense; however the MCO must give reasonable notice of the audit to the STATE and must provide the STATE with a copy of any final audit results. Inspection Procedures. The STATE and the MCO shall work together to develop reasonable procedures for the inspection of STATE documentation to determine the accuracy of payment amounts pursuant to Article 4. Two Year Limit to Assert Claim.
(1) The STATE shall not assert any claim for, seek the reimbursement of, or make any adjustment for any alleged overpayment made by the STATE to the MCO under section 4.1 of this Contract more than two (2) years after the date such payment was actually received by the MCO from the STATE.
(2) The MCO shall not assert any claim for, seek the payment of, or make any adjustment for any alleged underpayment made by the STATE to the MCO under Article 4 of this Contract more than two (2) years after the date such payment was actually received by the MCO from the STATE. The MCO must have filed a timely appeal of risk factors under section 4.8 in order to assert any claims regarding risk adjusted payments.
Payment Errors. If HortonWorks incorrectly applies Yahoo’s payment (in whole or in part) to a Purchase Order number other than to the Purchase Order number referenced by Yahoo for the applicable Yahoo Services, HortonWorks will promptly apply such payment to the correct Purchase Order and issue a written confirmation of such correction to Yahoo.
Payment Errors. In the event of a mistake in payment, the following rules shall apply:
Payment Errors. If after preparation and electronic submission, a contractor error is discovered either by the contractor or the agency, the contractor has ten (10) business days to correct the error and resubmit accurate reports and/or invoices. Failure to respond within the ten (10) business day period may result in a loss of any money due the contractor. Xxxxxxxxxx X- 00 xx 00 Xxxxxxxxxx XX CERTIFICATION REGARDING LOBBYING CERTIFICATION FOR CONTRACTS, GRANTS, LOANS AND COOPERATIVE AGREEMENTS The undersigned certifies, to the best of his or her knowledge and belief, that:
