Reference Testing Services Clause Samples

Reference Testing Services. Within [* * *] days following the end of each calendar month, LipoScience will send LabCorp an itemized statement for the Applicable Service Fees payable for References Testing Services rendered. LabCorp agrees to remit payment to LipoScience for all undisputed amounts within [* * *] days after receipt of said statement and Test requisitions. In the event that LabCorp reasonably disputes an invoiced amount, to the extent commercially reasonable, LabCorp shall notify LipoScience within such [* * *] day period after receipt of the statement. The parties agree to promptly negotiate in good faith to resolve any such disputes relating to invoiced amounts, including referring such matter to senior management if not resolved in a timely manner. The statement must include the following information for Reference Testing Services (to the extent reasonably available to LipoScience) in paper format: the total number of Tests performed during such month, and for each such Test the patient name, accession number, draw date, and referring location. LipoScience will use commercially reasonable efforts to respond to requests from LabCorp for additional information relating to such disputed items. Except as otherwise set forth in this Agreement, LipoScience shall look only to LabCorp for payment and shall not ▇▇▇▇ any patient or third party for Services provided hereunder, except where LipoScience is required by law to ▇▇▇▇ such patients or third party directly or by LabCorp’s prior written consent. In such cases, LipoScience will notify LabCorp and the parties will discuss the proper way to comply with applicable law.