Valid Invoice means an invoice containing the detailed information set out in clause C2 (Payment and VAT).
Reconciliation Dispute has the meaning set forth in Section 7.9 of this Agreement.
Confidential commercial or financial information means any business information (other than trade secrets) which is exempt from the mandatory disclosure requirement of the Freedom of Information Act, 5 U.S.C. 552. Exemptions from mandatory disclosure which may be applicable to business information contained in proposals include exemption (4), which covers “commercial and financial information obtained from a person and privileged or confidential,” and exemption (9), which covers “geological and geophysical information, including maps, concerning wells.”
Billing Dispute means the dispute of an invoice prepared by an Operator to the Other Operator which is made in good faith.
Undisputed as used herein shall mean any amount that the Subscribing Reinsurer has not contested in writing to the Company specifying the reason(s) why the payments are disputed.