Common use of Base Interest Clause in Contracts

Base Interest. Those invoices objected by any of the parties shall be reviewed by both parties in order to determine the effective payable amount within a term not exceeding 60 (sixty) calendar days, as of the date when written notice of the corresponding objection is received. Such objection shall not be enforceable if it is not made within the 18 (eighteen) calendar days following the date when corresponding invoice is received, or if it is not made

Appears in 2 contracts

Sources: Master Agreement for the Provision of Local Interconnection Services (Installations & Hirings LTD), Master Agreement for the Provision of Local Interconnection Services (Installations & Hirings LTD)