Common use of Undercharge Clause in Contracts

Undercharge. in the case of an undercharge, invoice the Customer under clause 10.1 for the amount of the undercharge together with interest at the Interest Rate calculated from the Due Date of the incorrect invoice to the Due Date of the invoice showing the undercharge (provided that if the undercharge was due to incorrect information provided by the Customer, interest shall be at the Default Rate); and

Appears in 9 contracts

Samples: Benchmark Agreement, Transpower Works Agreement, Transpower Works Agreement

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Undercharge. in the case of an undercharge, invoice the Customer under clause 10.1 for the amount of the undercharge together with interest at the Interest Rate calculated from the Due Date of the incorrect original invoice to the Due Date of the invoice showing the undercharge (provided that if the undercharge was due to incorrect information provided by the Customer, interest shall be at the Default Rate)undercharge; and

Appears in 1 contract

Samples: Benchmark Agreement

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