Common use of Payment Pending Dispute Clause in Contracts

Payment Pending Dispute. Absent any manifest error, each Party invoiced pursuant to Clause 12.1 shall pay all disputed and undisputed amounts due under an invoice without netting or offsetting any amounts owed by one Party to the other, including taxes (except as provided in Clause 13), exchange charges, or bank transfer charges. In the case of manifest error, the correct amount shall be paid disregarding such error, and necessary correction and consequent adjustment shall be made within five (5) Business Days after agreement or determination of the correct amount.

Payment Pending Dispute. Absent any manifest error, each Party invoiced pursuant to Clause 12.1 shall pay all disputed and undisputed amounts due under an such invoice without netting or offsetting any amounts owed by one the Party to receiving the otherinvoice, including taxes (except as provided in Clause 13), exchange charges, or bank transfer charges, except as otherwise provided in Section 12.5. In the case of manifest error, the correct amount shall be paid disregarding such error, and necessary correction and consequent adjustment shall be made within five (5) Business Days after agreement or determination of the correct amount.