Common use of Transfer Pricing Adjustments Clause in Contracts

Transfer Pricing Adjustments. If the Administrative Services Fee is not deemed to be arm’s length by a relevant authority of either jurisdiction, including but not limited to auditors, tax authorities or the courts, and the Parties do not challenge the determination in good faith, Service Provider shall, within sixty (60) days following such determination, invoice, refund, or credit, as the case may be, Service Recipient for the amount of such variance, or the excess Administrative Services Fee shall be netted as provided in Section 3.7 (Netting as Payment).

Transfer Pricing Adjustments. If the reimbursement of Administrative Services Fee is Costs are not deemed to be arm’s length by a relevant authority of either jurisdiction, including but not limited to auditors, tax authorities or the courts, and the Parties do not challenge the determination in good faith, Service Provider the Member shall, within sixty (60) days following such determination, invoice, refund, or credit, as the case may be, Service Recipient Company for the amount of such variance, or the excess Administrative Services Fee Costs shall be netted as provided in Section 3.7 8(g) (Netting as Payment).