Common use of Incorrect invoices Clause in Contracts

Incorrect invoices. (a) If at any time during the Term either Party determines that User: (i) has been overcharged or undercharged for Services under this Agreement; and (ii) has paid the invoice(s) to which the overcharge(s) or undercharge(s) relate(s), then, within 14 Days after the date that Notice of the error has been received from the Party that discovered the error and the amount of the overcharge or undercharge has either been agreed by the Parties or determined pursuant to clause 17.4, either (iii) Service Provider will repay to User the amount of the overcharge together with interest on that amount calculated on a daily basis at the Interest Rate; or (iv) User will pay to Service Provider the amount of the undercharge together with interest on that amount calculated on a daily basis at the Interest Rate, as applicable. (b) A Party may not claim from the other Party any amount overcharged or undercharged if more than 18 Months have elapsed since the date of the invoice in question.

Incorrect invoices. (a) If at any time during the Term either Party determines that User: (i) has been overcharged or undercharged for Services under this Agreement; and (ii) has paid the invoice(s) to which the overcharge(s) or undercharge(s) relate(s), then, within 14 Days after the date that Notice of the error has been received from the Party that discovered the error and the amount of the overcharge or undercharge has either been agreed by the Parties or determined pursuant to clause 17.418.4, either (iii) Service Provider will repay to User the amount of the overcharge together with interest on that amount calculated on a daily basis at the Interest Rate; or (iv) User will pay to Service Provider the amount of the undercharge together with interest on that amount calculated on a daily basis at the Interest Rate, as applicable. (b) A Party may not claim from the other Party any amount overcharged or undercharged if more than 18 Months have elapsed since the date of the invoice in question.