Common use of Overcharge Clause in Contracts

Overcharge. If, as a result of an audit regarding Provider’s charges, it is determined that Provider has overcharged a BFA Recipient, such BFA Recipient will notify Provider of the overcharged amount and Provider will promptly pay to such BFA Recipient or BFA, on behalf of such BFA Recipient, such amount plus interest at the prevailing Federal Funds rate, calculated from the date of Provider’s receipt of the overcharged amount until the date of payment to such BFA Recipient or BFA, on behalf of such BFA Recipient. If any such audit reveals an undercharge to Provider of five percent (5%) or more of the annual service charges for the period audited, the BFA Recipient will notify Provider and pay such undercharge, without interest, within thirty (30) days of discovery of such undercharge. If any such audit reveals an overcharge to a BFA Recipient of five percent (5%) or more of the annual service charges for the period audited, Provider will, at the option of such BFA Recipient, issue to such BFA Recipient or BFA, on behalf of such BFA Recipient, a credit (including such interest) against the charges attributable to the overcharge and reimburse such BFA Recipient for the reasonable out-of-pocket expenses of such audit relating to such charges.

Overcharge. If, as a result of an audit regarding Provider’s charges, it is determined that Provider has overcharged BTC on behalf of a BFA RecipientLending Fund, BTC, on behalf of such BFA Recipient Lending Fund, will notify Provider of the overcharged amount and Provider will promptly pay to such BFA Recipient or BFABTC, on behalf of such BFA RecipientLending Fund, such amount plus interest at the prevailing Federal Funds rate, calculated from the date of Provider’s receipt of the overcharged amount until the date of payment to such BFA Recipient or BFABTC, on behalf of such BFA RecipientLending Fund. If any such audit reveals an undercharge to Provider of five percent (5%) or more of the annual service charges for the period audited, the BFA Recipient BTC will notify Provider and pay such undercharge, without interest, within thirty (30) days of discovery of such undercharge. If any such audit reveals an overcharge to a BFA Recipient BTC of five percent (5%) or more of the annual service charges for the period audited, Provider will, at the option of such BFA RecipientBTC, issue to such BFA Recipient or BFABTC, on behalf of such BFA RecipientLending Fund, a credit (including such interest) against the charges attributable to the overcharge and reimburse such BFA Recipient BTC for the reasonable out-of-pocket expenses of such audit relating to such charges.

Overcharge. If, as a result of an audit regarding ProviderState Street’s charges, it is determined that Provider State Street has overcharged a BFA Recipient, such BFA Recipient will notify Provider State Street of the overcharged amount and Provider State Street will promptly pay to such BFA Recipient or BFA, on behalf of of, such BFA RecipientRecipient such amount, such amount plus interest at the prevailing Federal Funds rate, calculated from the date of ProviderState Street’s receipt of the overcharged amount until the date of payment to such BFA Recipient or BFA, on behalf of such BFA Recipient. If any such audit reveals an undercharge to Provider State Street of five Information Classification: Confidential Master Services Agreement -00- XXX-Xxxxx Xxxxxx Xxxxxxxxxxxx percent (5%) or more of the annual service charges for the period audited, the BFA Recipient will notify Provider State Street and pay such undercharge, without interest, within thirty (30) days of discovery of such undercharge. If any such audit reveals an overcharge to a BFA Recipient of five percent (5%) or more of the annual service charges for the period audited, Provider State Street will, at the option of such BFA Recipient, issue to such BFA Recipient or BFA, on behalf of such BFA Recipient, a credit (including such interest) against the charges attributable to the overcharge and reimburse such BFA Recipient for the reasonable out-of-pocket expenses of such audit relating to such charges.

Overcharge. If, as a result of an audit regarding Provider’s charges, it is determined that Provider has overcharged a BFA Recipient, such BFA Recipient will notify Provider of the overcharged amount and Provider will promptly pay to such BFA Recipient or BFA, on behalf of such BFA Recipient, such amount plus interest at the prevailing Federal Funds rate, calculated from the date of Provider’s receipt of the overcharged amount until the date of payment to such BFA Recipient or BFA, on behalf of such BFA Recipient. Recipient If any such audit reveals an undercharge to Provider of five percent (5%) or more of the annual service charges for the period audited, the BFA Recipient will notify Provider and pay such undercharge, without interest, within thirty (30) days of discovery of such undercharge. If any such audit reveals an overcharge to a BFA Recipient of five percent (5%) or more of the annual service charges for the period audited, Provider will, at the option of such BFA Recipient, issue to such BFA Recipient or BFA, on behalf of such BFA Recipient, a credit (including such interest) against the charges attributable to the overcharge and reimburse such BFA Recipient for the reasonable out-of-pocket expenses of such audit relating to such charges.