Errors in Billing Clause Samples
The "Errors in Billing" clause defines how mistakes or discrepancies in invoices or billing statements are handled between the parties. Typically, this clause allows either party to notify the other if they discover an overcharge, undercharge, or other billing error, and outlines the process for correcting such errors, such as issuing credits, refunds, or additional payments. Its core practical function is to ensure that both parties are protected from financial inaccuracies and to provide a clear mechanism for resolving billing disputes, thereby maintaining fairness and transparency in financial transactions.
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Errors in Billing. If either Party hereto shall find after the date of any payment hereunder that there has been an overcharge or undercharge, the Party finding the error shall promptly notify the other Party in writing within twelve (12) months of the billing error. In such case, a Party owing an amount to the other Party due to the error shall pay the amount owed no later than thirty (30) Days after the Parties agree in good faith on the error and related amount owed.
Errors in Billing. If either party hereto shall find at any time within 14 months after the date of any payment hereunder that there has been an overcharge or undercharge, the party finding the error shall promptly notify the other party in writing. In the event of an undercharge, Owner shall pay the amount due within sixty (60) days of the date of the notice of error. In the event of an overcharge, Operator shall refund the overpayment to Owner within sixty (60) days of the date of the notice of error.
Errors in Billing. Should either party find at any time within one (1) year after the date of any invoice rendered by Seller that there has been an undercharge or an overcharge in the amount billed in the invoice, the party finding the error shall promptly notify the other party in writing. In the case of an undercharge, Seller shall submit a statement for such undercharge, and Buyer, upon verifying the same, shall pay such an amount within thirty (30) days after receipt of the statement but without interest. In the case of an overcharge, Seller shall refund the amount of the overcharge to Buyer within thirty (30) days of notification by Buyer, but without interest. Neither Seller nor Buyer shall have any liability for any undercharge or overcharge relating to invoices over one year old.
Errors in Billing. If either party shall find at any time after the date of any payment hereunder that there has been an overcharge or undercharge, the party finding the error shall promptly notify the other party in writing. In the event of an undercharge, North American shall pay the amount due within thirty (30) days of the date of the receipt of notice of error. In the event of an overcharge, County shall refund the overpayment to Purchaser within thirty (30) days of the date of receipt of the notice of error.
Errors in Billing. If either Party shall find at any time within one (1) year after the date of any payment hereunder that there has been an overcharge or undercharge, the Party finding the error shall promptly notify the other Party in writing. In the event of an undercharge, Purchaser shall pay the amount due within thirty (30) days of the date of the notice of error. In the event of an overcharge, Seller shall refund the overpayment to Purchaser within thirty (30) days of the date of the notice of error. Unless the notifying Party receives a notification from the notified Party that such Party disputes the overcharge/undercharge within thirty (30) days of the initial notification, it shall be presumed that the notified Party concurs with the overcharge/undercharge and such overcharge/undercharge determination shall become binding at such time.