Common use of Disputes and Adjustments of Invoices Clause in Contracts

Disputes and Adjustments of Invoices. A Party may, in good faith, dispute the correctness of any invoice or invoice adjustment provided by the other Party by providing written notice within thirty (30) days of receipt of an invoice or invoice adjustment, stating the basis for the Dispute. A Party that does not deliver such notice within thirty (30) days is deemed to have waived its right to dispute. Subject to Section 3.05 or manifest error, the disputing Party shall make payment of the entire amount due under the disputed invoice before the notice is deemed to have been delivered. Any amounts to be paid to the disputing Party shall be made within two (2) Business Days of resolution of the Dispute, together with interest accrued at the Interest Rate, from and including the date of such overpayment until the date of repayment. In no event shall RG&E be obligated to pay amounts to which it exercises its right of setoff under Section 3.05.

Appears in 1 contract

Samples: Storage Services Agreement

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Disputes and Adjustments of Invoices. A Party may, in good faith, dispute the correctness of any invoice or invoice adjustment provided by the other Party by providing written notice within thirty (30) days Calendar Days of receipt of an invoice or invoice adjustment, stating the basis for the Dispute. A Party that does not deliver such notice within thirty (30) days Calendar Days is deemed to have waived its right to dispute. Subject to Section 3.05 3.5 or manifest error, the disputing Party shall make payment of the entire amount due under the disputed invoice before the notice is deemed to have been delivered. Any amounts to be paid to the disputing Party shall be made within two (2) Business Days of resolution of the Dispute, together with interest accrued at the Interest Rate, from and including the date thedate of such overpayment until the date of repayment. In no event shall RG&E be obligated to pay amounts payamounts to which it exercises its right of setoff under Section 3.053.5.

Appears in 1 contract

Samples: Storage Services Agreement

Disputes and Adjustments of Invoices. A Party may, in good faith, dispute the correctness of any invoice or invoice adjustment provided by the other Party by providing written notice within thirty (30) days Calendar Days of receipt of an invoice or invoice adjustment, stating the basis for the Dispute. A Party that does not deliver such notice within thirty (30) days Calendar Days is deemed to have waived its right to dispute. Subject to Section 3.05 3.5 or manifest error, the disputing Party shall make payment of the entire amount due under the disputed invoice before the notice is deemed to have been delivered. Any amounts to be paid to the disputing Party shall be made within two (2) Business Days of resolution of the Dispute, together with interest accrued at the Interest Rate, from and including the date of such overpayment until the date of repayment. In no event shall RG&E be obligated to pay amounts to which it exercises its right of setoff under Section 3.053.5.

Appears in 1 contract

Samples: Storage Services Agreement

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Disputes and Adjustments of Invoices. A Party may, in good faith, dispute the correctness of any invoice or invoice adjustment provided by the other Party by providing written notice within thirty (30) days of receipt of an invoice or invoice adjustment, stating the basis for the Dispute. A Party that does not deliver such notice within thirty (30) days is deemed to have waived its right to dispute. Subject to Section 3.05 or manifest error, the disputing Party shall make payment of the entire amount due under the disputed invoice before the notice is deemed to have been delivered. Any amounts to be paid to the disputing Party shall be made within two (2) Business Days of resolution of the Dispute, together with interest accrued at the Interest Rate, from and including the date of such overpayment until the date of repayment. In no event shall RG&E O&R be obligated to pay amounts to which it exercises its right of setoff under Section 3.05.3.05.β€Œ

Appears in 1 contract

Samples: Storage Services Agreement

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