Common use of Procedure for Payment of Direct Costs Clause in Contracts

Procedure for Payment of Direct Costs. Operator shall ------------------------------------- periodically, but not more often than once a week, deliver to Owner invoices received by Operator from third parties for all Direct Costs, accompanied by a summary of all such invoices which itemizes all such invoices by operating cost account number. Such invoices shall also be accompanied by a statement from Operator confirming that all such invoices are accurate, due and payable, together with all relevant documentation reasonably necessary for Owner to verify the accuracy thereof. Each invoice submitted to Owner shall be paid by Owner directly to the payee of such invoice on or before the date such invoice is due, provided that if Owner disputes any amount set forth in any such invoice, Owner shall pay the undisputed portion on or before such due date, and Owner, Operator and such payee shall attempt in good faith to resolve all disputed items as soon as reasonably practicable.

Procedure for Payment of Direct Costs. Operator shall ------------------------------------- periodically, but not more often than once a week, deliver to Owner invoices received by Operator from third parties for all Direct Costs, accompanied by a summary of all such invoices which itemizes all such invoices by operating cost account number. Such invoices shall also be accompanied by a statement from Operator confirming that all such invoices are accurate, due and payable, together with all relevant documentation reasonably necessary for Owner to verify the accuracy thereof. Each invoice submitted to Owner shall be paid by Owner directly to the payee of such invoice on or before the date such invoice is due, provided that if Owner disputes any amount set forth in any such invoice, Owner shall pay the undisputed portion on or before such due date, and Owner, Operator and such payee shall attempt in good faith to resolve all disputed items as soon as reasonably practicable.

Procedure for Payment of Direct Costs. Operator shall ------------------------------------- periodically, but not more often than once a week, deliver to Owner invoices received by Operator from third parties for all Direct Costs, accompanied by a summary of all such invoices which itemizes all all, such invoices by operating cost account number. Such invoices shall also be accompanied by a statement from Operator confirming that all such invoices are accurate, due and payable, together with all relevant documentation reasonably necessary for Owner to verify the accuracy thereof. Each invoice submitted to Owner shall be paid by Owner directly to the payee of such invoice on or before the date such invoice is due, provided that if Owner disputes any amount set forth in any such invoice, Owner shall pay the undisputed portion on or before such due date, and Owner, Operator and such payee shall attempt in good faith to resolve all disputed items as soon as reasonably practicable.

Procedure for Payment of Direct Costs. Operator shall ------------------------------------- periodically, but not more often than once a week, deliver to Owner invoices received by Operator from third parties for all Direct Costs, accompanied by a summary of all all, such invoices which itemizes all such invoices by operating cost account number. Such invoices shall also be accompanied by a statement from Operator confirming that all such invoices are accurate, due and payable, together with all relevant documentation reasonably necessary for Owner to verify the accuracy thereof. Each invoice submitted to Owner shall be paid by Owner directly to the payee of such invoice on or before the date such invoice is due, provided that if Owner disputes any amount set forth in any such invoice, Owner shall pay the undisputed portion on or before such due date, and Owner, Operator and such payee shall attempt in good faith to resolve all disputed items as soon as reasonably practicable.