Common use of Settlement Process Clause in Contracts

Settlement Process. Upon receipt of the Implementable Savings Schedule, Implemented Savings Schedule or MBO Bonus Schedule, United shall have [*] to confirm the amounts billed and due under this Agreement using [*] or an alternative tracking and reporting system agreed upon by the parties. All undisputed amounts shall be paid within thirty days of United's receipt of the Implementable Savings Schedule, Implemented Savings Schedule or MBO Bonus Schedule. United shall notify FreeMarkets of any disputed Implementable Savings or Implemented Savings amounts within the initial [*] period. The parties will use their best efforts to resolve any such disputes, and United will pay the mutually agreed settlement of all disputed amounts within thirty (30) days of such settlement.

Appears in 4 contracts

Samples: Service and System Access Agreement (Freemarkets Inc), Service and System Access Agreement (Freemarkets Inc), Service and System Access Agreement (Freemarkets Inc)

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