Common use of Payment on resolution of dispute Clause in Contracts

Payment on resolution of dispute. If as a result of resolution of a dispute referred to in clause 20.7 the Service Provider is obliged to pay an amount to the User, then the Service Provider must credit the amount payable by it in the next invoice. If the User so requires, the Service Provider must pay interest on the amount payable from the date of payment by the User to the date of payment by the Service Provider (both inclusive), calculated in accordance with clause 20.6.

Payment on resolution of dispute. If as a result of resolution of a dispute referred to in clause 20.7 22.6 the Service Provider is obliged to pay an amount to the User, then the Service Provider must credit the amount payable by it in the next invoice. If the User so requires, the Service Provider must pay interest on the amount payable from the date of payment by the User to the date of payment by the Service Provider (both inclusive), calculated in accordance with clause 20.622.5.