Invoice error Clause Samples
An Invoice Error clause defines the procedures and responsibilities for addressing mistakes or discrepancies found in invoices between contracting parties. Typically, this clause outlines the timeframe within which errors must be reported, the process for correcting the invoice, and any adjustments to payment obligations that may result. By establishing a clear method for resolving invoice inaccuracies, the clause helps prevent disputes, ensures accurate payments, and maintains smooth financial operations between the parties.
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Invoice error. (a) If the Service Provider becomes aware of a potential invoicing error relevant to an invoice after sending it to the Shipper, the Service Provider will investigate the relevant information and, if necessary, adjust the invoice.
(b) If the Shipper has paid the original invoice, the Service Provider will:
(i) provide an adjustment for the value of the incorrect invoice and reissue the invoice; or
(ii) provide an adjustment for the value of the incorrect invoice by adjusting the amounts payable by the Shipper in the next invoice.
Invoice error. If the Service Provider becomes aware of a potential invoicing error relevant to an invoice after sending it to the Shipper, the Service Provider will investigate the relevant information and, if necessary, adjust the invoice (whether or not the Shipper has paid the invoice).
Invoice error any other charges payable by the Shipper specified in this document or the Annexures; any credits due under this document (including under clause 23.2); and any outstanding amounts (whether those amounts were originally payable in arrears or advance) from previous Months and the interest payable thereon. If the Service Provider becomes aware of a potential invoicing error relevant to an invoice after sending it to the Shipper, the Service Provider will investigate the relevant information and, if necessary, adjust the invoice. If the Shipper has paid the original invoice, the Service Provider will:
(a) provide an adjustment for the value of the incorrect invoice and reissue the invoice; or
(b) provide an adjustment for the value of the incorrect invoice by adjusting the amounts payable by the Shipper in the next invoice.