Undisputed Portion definition

Undisputed Portion means the portion of the amount set out in a Tax Invoice that this not in Dispute.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Undisputed Portion means the portion of the amount set out in a Tax Invoice that this not in Dispute. User has the meaning given to it in the Code. {As at the Commencement Date, the Code defined User as: "'user' means a person who has an access contract."} • Reference Services (Metering)

Undisputed Portion means the positive amount, if any, by which the entire Adjustment Escrow Funds (as of the date the Closing Statement is delivered pursuant to Section 2.5(a)) exceeds the portion of the Adjustment Escrow Funds that would be distributable to Purchaser pursuant to Section 2.5(e) if the Closing Statement were the Final Statement.

Examples of Undisputed Portion in a sentence

• If a Party Disputes any amount set out in a Tax Invoice issued under clause 10.1(a) or 10.2(b) then that Party must pay the Undisputed Portion (if any) and must, prior to the Due Date of the Tax Invoice, give notice to the other Party that it Disputes the amount and provide in that notice full details of the Dispute.

• The Escrow Agent shall promptly release to Buyer the Undisputed Portion, but shall retain in the Escrow Account the rest of the Escrowed Assets requested to be released until the Escrow Agent receives mutual instructions pursuant to Section 6(a) or an order of a court of competent jurisdiction.

• If the notice from the Escrow Depositors admits that a portion of the demand is a valid claim under Section 8.2 hereof and a portion of the claim is disputed, the Escrow Agent shall disburse an amount from the Escrow Account to the Indemnified Persons for the Losses which are agreed upon, (the "Undisputed Portion") and the disputed portion of such demand shall be resolved in accordance with Section 8.4 (c).

• If the Non-Requesting Party fails to deliver a Notice of Dispute to the Requesting Party and the Escrow Agent within said period of 15 business days, or if the Notice of Dispute does not dispute the payment of a portion of the amount set forth in the Instructions (the "Undisputed Portion"), then the Escrow Agent shall immediately pay to the Requesting Party the amount of the payment set forth in the Instructions or the Undisputed Portion, as applicable.

• If the Receiving Party fails to deliver a Notice of Dispute to the Instructing Party and the Escrow Agent within said period of 20 business days, or if the Notice of Dispute does not dispute the payment of a portion of the amount set forth in the Instructions (the "Undisputed Portion"), then the Escrow Agent shall immediately pay to the Instructing Party the amount of the payment set forth in the Instructions or the Undisputed Portion, as applicable.

• The Contrary Instructions shall state that Seller objects to the Release Instructions, the basis for the objection, and the amount, if any, of the Escrowed Assets the release of which Seller does not object (the "Undisputed Portion").

• Disputed invoices If the User Disputes any amount set out in a Tax Invoice issued under clause 5.1 then the User must pay the Undisputed Portion (if any) and must, prior to the Due Date of the Tax Invoice, give notice to Horizon Power that it Disputes the amount and provide in that notice full details of the Dispute.

More Definitions of Undisputed Portion

Undisputed Portion means the portion of the amount set out in a Tax Invoice that this not in Dispute. User has the meaning given to it in the Access Code. WA B2B Procedures: Meter Data Process means the WA B2B Procedures: Meter Data Process defined in the Build Pack published by Western Power from time to time. WA B2B Procedures: Service Order Process means the WA B2B Procedures: Service Order Process defined in the Build Pack published by Western Power from time to time. Western AustralianWA Distribution Connections Manual (WADCM) means the Western Australian Distribution Connections Manual published by Horizon Power and Western Power from time to time.

Undisputed Portion means the portion of the difference between the Estimated Purchase Price and the Purchase Price shown on the Revised Statement that is not disputed in good faith by the Seller in the Notice of Disagreement.

Undisputed Portion means the portion of the amount set out in a Tax Invoice that this not in Dispute. Unmetered Supply (UMS) means a Connection Point which does not contain a Meter. User has the meaning given to it in the Code. WA B2B Procedures: Meter Data Process means the WA B2B Procedures: Meter Data Process defined in the Build Pack published by Western Power from time to time. WA B2B Procedures: Service Order Process means the WA B2B Procedures: Service Order Process defined in the Build Pack published by Western Power from time to time. WA Distribution Connections Manual (WADCM) means the Western Australian Distribution Connections Manual published by Horizon Power and Western Power from time to time.

Undisputed Portion has the meaning set forth in Section 6.12.3 below.

Undisputed Portion means the portion of the amount set out in a Tax Invoice that is not in Dispute. User means the person other than ▇▇▇ to whom this Agreement applies and, in respect of a Connection Point, means a person who has an Access Contract in respect of that Connection Point.