Common use of Reimbursement for Underpayments and Overpayments Clause in Contracts

Reimbursement for Underpayments and Overpayments. If Seller identifies a payment error in Seller’s favor and Anaheim agrees that the identified error occurred, Anaheim shall reimburse Seller for the amount of the underpayment caused by the error and apply the additional payment to the next monthly Payment Invoice that is calculated. If Seller identifies a payment error in Anaheim’s favor and Anaheim agrees that the identified error occurred, Anaheim may net the amount of overpayment caused by the error against amounts otherwise owed to Seller in connection with the next monthly Payment Invoice that is calculated.

Appears in 3 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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Reimbursement for Underpayments and Overpayments. If Seller Xxxxxx identifies a payment error in Seller’s favor and Anaheim agrees that the identified error occurred, Anaheim shall reimburse Seller for the amount of the underpayment caused by the error and apply the additional payment to the next monthly Payment Invoice that is calculated. If Seller Xxxxxx identifies a payment error in Anaheim’s favor and Anaheim agrees that the identified error occurred, Anaheim may net the amount of overpayment caused by the error against amounts otherwise owed to Seller in connection with the next monthly Payment Invoice that is calculated.

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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