Disputed Statement. If the Participant disputes a Monthly Settlement or any portion thereof, the Party owing any amount pertaining to the Monthly Settlement set forth in the Settlement Statement shall, notwithstanding such dispute, pay the entire applicable amount set forth in the Settlement Statement to the other Party. The Participant shall provide written notice to the [Sponsor] setting out the portions of the Monthly Settlement that are in dispute with a brief explanation of the dispute. If it is subsequently determined or agreed that an adjustment to the Settlement Statement is appropriate, such adjustment will be made on a subsequent Settlement Statement. If a dispute under this Section 6.7 has not been resolved between the Parties within five (5) Business Days after receipt of written notice of such dispute by the [Sponsor], the dispute may be submitted by either Party to a Senior Conference pursuant to the terms of Section 13.1.
Appears in 1 contract
Sources: Interruptible Rate Pilot Contract
Disputed Statement. If the Participant disputes a Monthly Settlement or any portion thereof, the Party owing any amount pertaining to the Monthly Settlement set forth in the Settlement Statement shall, notwithstanding such dispute, pay the entire applicable amount set forth in the Settlement Statement to the other Party. The Participant shall provide written notice to the [Sponsor] Sponsor setting out the portions of the Monthly Settlement that are in dispute with a brief explanation of the dispute. If it is subsequently determined or agreed that an adjustment to the Settlement Statement is appropriate, such adjustment will be made on a subsequent Settlement Statement. If a dispute under this Section 6.7 has not been resolved between the Parties within five (5) Business Days after receipt of written notice of such dispute by the [Sponsor], the dispute may be submitted by either Party to a Senior Conference pursuant to the terms of Section 13.1.
Appears in 1 contract
Sources: Interruptible Rate Pilot Contract
Disputed Statement. If the Participant disputes a Monthly Settlement or any portion thereof, the Party owing any amount pertaining to the Monthly Settlement set forth in the Settlement Statement shall, notwithstanding such dispute, pay the entire applicable amount set forth in the Settlement Statement to the other Party. The Participant shall provide written notice to the [Sponsor] setting out the portions of the Monthly Settlement that are in dispute with a brief explanation of the dispute. If it is subsequently determined or agreed that an adjustment to the Settlement Statement is appropriate, such adjustment will be made on a subsequent Settlement Statement. If a dispute under this Section 6.7 has not been resolved between the Parties within five (5) Business Days after receipt of written notice of such dispute by the [Sponsor], the dispute may be submitted by either Party to a Senior Conference pursuant to the terms of Section 13.1.
Appears in 1 contract
Sources: Interruptible Rate Pilot Contract