Common use of Errors in Billing Clause in Contracts

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.

Appears in 2 contracts

Sources: Facility Operating Agreement, Facility Operating Agreement (Environmental Power Corp)