ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT Sample Clauses

ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT. If in any year, by reason of errors in computation or other causes, there is an overpayment or underpayment to the State by the Agency of the charges provided for herein, which overpayment or underpayment is not accounted for and corrected in the annual redetermination of said charges, the amount of such overpayment or underpayment shall be credited or debited, as the case may be, to the Agency’s account for the next succeeding year and the State shall notify the Agency thereof in writing.
AutoNDA by SimpleDocs
ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT. ‌ If in any year, by reason of errors in computation or other causes, there is an overpayment or underpayment to the State by the Agency of the charges provided for herein, which overpayment or underpayment is not accounted for and corrected in the annual redetermination of said charges, the amount of such overpayment or underpayment shall be credited or debited, as the case may be, to the Agency’s account for the next succeeding year and the State shall notify the Agency thereof in writing. 33 Deleted: Amendment 8
ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT. If in any year, by reason of errors in computation or other causes, there is an overpayment or underpayment to the State by the District of the charges provided for herein, which overpayment or underpayment is not accounted for and corrected in the annual redetermination of said charges, the amount of such overpayment or underpayment shall be credited or debited, as the case may be, to the District’s account for the next succeeding year and the State shall notify the District thereof in writing.‌ 57 Amended: Amendments Xx. 0, 0, 00, xxx 00 00. Delinquency in Payment.‌
ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT. Upon disagreement between any Contracting Agency and CBMWD over the amount of service charges or the discovery of an error in computation of service charges for a Contracting Agency, which is not resolved within 30 days, CBMWD shall immediately provide written notice of such disagreement or error to the Regional Technical Committee and shall request a recommendation and report from the committee. If such a written report is filed with CBMWD within 60 days of giving notice, CBMWD shall credit or debit any affected Contracting Agency's service charge account for the following month in the manner recommended by the Regional Technical Committee. If such a written report is not filed with CBMWD within 60 days of giving notice, or upon request of the Regional Technical Committee or any Contracting Agency, the Board of Directors of CBMWD shall initiate hearing procedures on said disagreement or error in accordance with Section 26A hereof. Upon the conclusion of the hearing, the Board of Directors of CBMWD shall, by resolution, make its determination on service charge adjustments, due dates and any interest due, and shall provide for the appropriate credit to or debit of any affected Contracting Agency's service charge account for the following month.
Time is Money Join Law Insider Premium to draft better contracts faster.