Common use of Payment of Adjustments Clause in Contracts

Payment of Adjustments. (a) A party required to make a payment to another party under this clause 10 must make the payment in Immediately Available Funds without counter-claim or set-off within five Business Days after the finalisation of the Completion Accounts or Expert’s Report as applicable. (b) All amounts payable by a party under clause 10.2 will accrue interest on a daily basis at the Interest Rate from and including the Completion Date to and including the earlier of the date of payment or five Business Days after the finalisation of the Completion Accounts or Expert’s Report as applicable (Last Payment Date). If any amount remains unpaid on or after the Last Payment Date, interest under clause 21.19 will apply from and including the Last Payment Date until the date of payment with respect to that amount. 11 Warranties and indemnity

Payment of Adjustments. (a) A party required to make a payment to another party under this clause 10 5 must make the payment in Immediately Available Funds without counter-claim or set-off within five 5 Business Days after the finalisation of the Completion Accounts or Expert’s Report as applicable. (b) All amounts payable by a party under clause 10.2 5.2 will accrue interest on a daily basis at the Interest Rate from and including the Completion Date to and including the earlier of the date of payment or five 5 Business Days after the finalisation of the Completion Accounts or Expert’s Report as applicable (Last Payment Date). If any amount (including any accrued interest) remains unpaid on or after the Last Payment Date, interest under clause 21.19 19.15 will apply from and including the Last Payment Date until the date of payment with respect to that amount. 11 Warranties and indemnity.