Undisputed Amounts and Interest on Disputed Amounts Sample Clauses
Undisputed Amounts and Interest on Disputed Amounts. A party will pay any undisputed portion of any disputed amount payable to the other party in accordance with this Agreement but any disputed portion or amount will not be payable until the Dispute is resolved in accordance with the Dispute Resolution Procedure. If payment of any amount payable under this Agreement is delayed while the matter is in Dispute, upon resolution of the Dispute, interest will be payable on any amount determined payable pursuant to the Dispute Resolution Procedure and will be calculated at the Prime Rate compounded monthly from the time such amount became payable under this Agreement until paid.
Undisputed Amounts and Interest on Disputed Amounts. A party will pay any undisputed portion of any disputed amount payable to the other party in accordance with this Agreement, but any disputed portion or amount will not be payable until the Dispute is resolved in accordance with the Dispute Resolution Procedure. If payment of any amount payable under this Agreement is delayed while the matter is in Dispute, then if the Dispute is resolved in favour of the party owing the amount of the payment that remains unpaid, no interest will be payable on such amount. Alternatively, if the matter is resolved in favour of the Payor of the amount payable in connection with the matter in Dispute, then interest will be payable on any amounts determined payable pursuant to the Dispute Resolution Procedure and will be calculated at the Prime Rate compounded monthly from the time such amount became payable under the Agreement until paid.
Undisputed Amounts and Interest on Disputed Amounts. Subject to Sections 9.11 and 9.12, a party will pay any undisputed portion of any disputed amount payable to the other party in accordance with this Project Implementation Agreement, but any disputed portion or amount will not be payable until the Dispute is resolved in accordance with the Dispute Resolution Procedure. If payment of any amount payable under this Project Implementation Agreement is delayed while the matter is in Dispute, upon resolution 34985-2017 25902380.4 Amended and Restated Project Implementation Agreement NG-KIH Project of the Dispute, interest will be payable on any amount determined payable pursuant to the Dispute Resolution Procedure at the Default Rate, compounded monthly, from the time such amount became payable under this Project Implementation Agreement until paid.
Undisputed Amounts and Interest on Disputed Amounts. Subject to Sections 9.11 and 9.12, a party will pay any undisputed portion of any disputed amount payable to the other party in accordance with this Project Agreement, but any disputed portion or amount will not be payable until the Dispute is resolved in accordance with the Dispute Resolution Procedure. If payment of any amount payable under this Project Agreement is delayed while the matter is in Dispute, upon resolution of the Dispute, interest will be payable on any amount determined payable pursuant to the Dispute Resolution Procedure at the Default Rate, compounded monthly, from the time such amount became payable under this Project Agreement until paid.