Common use of Refund of Overpayment Clause in Contracts

Refund of Overpayment. If the Total Compensation for a Parcel as shown on the Final Invoice is less than the amount of the Provisional Payments for that Parcel made by the Purchasers, the amount of the difference shall be paid by the Seller to the Purchasers in accordance with the applicable Purchaser’s Share not later than the fifth Business Day after the Seller has transmitted its Final Invoice.

Appears in 2 contracts

Samples: Agreement (Solaris Resources Inc.), Agreement (Solaris Resources Inc.)

AutoNDA by SimpleDocs

Refund of Overpayment. If the Total Compensation for a Parcel as shown on the Seller’s Final Invoice is less than the amount of the Provisional Payments for that Parcel made by the PurchasersPayment with respect to any Parcel, the amount of the difference shall be paid by the Seller to the Purchasers in accordance with the applicable Purchaser’s Share Buyer not later than the fifth Business Day after the Seller has transmitted its Final InvoiceInvoice to Buyer, by electronic transfer to Buyer at such bank account as Buyer may direct.

Appears in 2 contracts

Samples: Confidential Treatment (Thompson Creek Metals CO Inc.), Confidential Treatment (Thompson Creek Metals CO Inc.)

AutoNDA by SimpleDocs

Refund of Overpayment. If the Total Compensation for a Parcel as shown on the Seller's Final Invoice is less than the amount of the Provisional Payments for that Parcel made by the PurchasersPayment with respect to any Parcel, the amount of the difference shall be paid by the Seller to the Purchasers in accordance with the applicable Purchaser’s Share Buyer not later than the fifth Business Day after the Seller has transmitted its Final InvoiceInvoice to Buyer, by electronic transfer to Buyer at such bank account as Buyer may direct.

Appears in 1 contract

Samples: Confidential Treatment (Thompson Creek Metals Co Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!