Common use of Payment of Deficiency/Overpayments Clause in Contracts

Payment of Deficiency/Overpayments. (a) If any audit conducted in accordance with Section 5.3.1 establishes that a Company Licensee underpaid any amounts due to a Pfizer Licensor or any of its Affiliates under this Agreement, such Company Licensee shall pay such Pfizer Licensor any such deficiency within thirty (30) days of written notice thereof. For the avoidance of doubt, such payment shall be considered a late payment, subject to Section 5.2.

Payment of Deficiency/Overpayments. (a) If any audit conducted in accordance with Section 5.3.1 establishes that a Company Pfizer Licensee underpaid any amounts due to a Pfizer Company Licensor or any of its Affiliates under this Agreement, such Company Pfizer Licensee shall pay such Pfizer Company Licensor any such deficiency within thirty (30) days of written notice thereof. For the avoidance of doubt, such payment shall be considered a late payment, subject to Section 5.2.