Notices; Payments. Notices and other communications required or permitted to be made or given hereunder shall be in writing and shall be delivered (a) personally; (b) by depositing the same, postage prepaid, in the United States Mail, (first class, certified or registered (return receipt requested)), or (c) by private express or other delivery service, at the respective addresses of the parties set forth hereinabove; provided, however, that either party hereto may from time to time change such address by giving written notice, delivered as aforesaid, of the new or changed address. Notice by facsimile (fax), electronic mail or by any other method not authorized above shall not constitute notice. The day upon which any such notice shall have been received by the party to whom it is addressed or delivered shall constitute the date such notice was given and the first day of any subsequent period herein provided for response to such notice. All payments shall be made by wire transfer of immediately available funds according to wiring instructions provided by Lessor, or by automated clearinghouse, if so elected by Lessor. All payments shall be made by Lessee to Lessor by the date specified in this Lease. In the event that there is a good faith dispute between Lessor and Lessee regarding any amounts owed hereunder from time to time, Lessee shall make payment when due of all amounts not in dispute and, within ten (10) days of resolution of any dispute, it shall pay all additional amounts owed to Lessor with interest at the then effective prime commercial lending rate per annum announced by Citibank from time to time, at its principal office in New York City.
Appears in 6 contracts
Samples: Mining Lease (Armstrong Resource Partners, L.P.), Mining Lease (Armstrong Resource Partners, L.P.), Mining Lease (Armstrong Coal Company, Inc.)
