Common use of Tracking Account Clause in Contracts

Tracking Account. a. The Parties shall record all Changes paid by PREPA according to Section 17.1 (Resource Provider Requirements) in an unfunded tracking account maintained by PREPA (the “Tracking Account”). Resource Provider shall have the right, upon reasonable notice and during business hours, to audit PREPA’s records reflecting the balance in the Tracking Account and to identify and object to any error in such calculations. If the Parties cannot agree on an adjustment to the balance in the Tracking Account within thirty (30) Days of PREPA’s receipt of Resource Provider’s objection, then a Party may refer such matter to dispute resolution by either Party pursuant to Section 21.11 (Dispute Resolution).

Tracking Account. a. The Parties shall record all Changes paid by PREPA according to Section 17.1 (Resource Provider Requirements) in an unfunded a tracking account maintained by PREPA (the “Tracking Account”). Resource Provider shall have the right, upon reasonable notice and during business hours, to audit PREPA’s records reflecting the balance in the Tracking Account and to identify and object to any error in such calculations. If the Parties cannot agree on an adjustment to the balance in the Tracking Account within thirty (30) Days of PREPA’s receipt of Resource Provider’s objection, then a Party may refer such matter to dispute resolution by either Party pursuant to Section 21.11 (Dispute Resolution).