Common use of Reconciliation of Payment Clause in Contracts

Reconciliation of Payment. Frontier shall reconcile the total amount due on the monthly report against any adjustments to amounts payable for previous invoices. Any amount previously over or under paid shall be credited against or added to the amount requested on the current invoice, or in the case of an invoice submitted near the end of Agreement Term, within thirty (30) calendar days, after a project is completed and inspected, or after Frontier receives reimbursement from TNMP.

Appears in 4 contracts

Samples: Participation Agreement, Participation Agreement, Participation Agreement

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Reconciliation of Payment. Frontier shall reconcile the total amount due on the monthly report against any adjustments to amounts payable for previous invoices. Any amount previously over or under paid shall be credited against or added to the amount requested on the current invoice, or in the case of an invoice submitted near the end of Agreement Term, within thirty (30) calendar days, after a project is completed and inspected, or after Frontier receives reimbursement from TNMPXcel.

Appears in 4 contracts

Samples: Project Sponsor Agreement, Project Sponsor Agreement, Project Sponsor Agreement

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