Common use of Adjustment of Payment Clause in Contracts

Adjustment of Payment. Any amount due from Anaheim to Seller, or Seller to Anaheim, as the case may be, will be made as an adjustment to the next monthly payment statement that is calculated after Seller’s or Anaheim’s recomputation using corrected measurements. If the recomputation results in a net amount owed to Anaheim after applying any amounts owing to Seller as shown on the next monthly payment statement, any such amount owing to Anaheim will at Anaheim’s discretion be netted against amounts owed to Seller in any subsequent monthly Payment Invoice or separately invoiced to Seller, in which case Seller must pay the amount owing to Anaheim within ten (10) calendar days after receipt of that invoice. Anaheim may make payment adjustments arising from the CAISO Recalculation Settlement Statement, CASIO Charges, Anaheim Penalties, or as a result of inaccurate meters after the end of the Term, provided, the Parties will be deemed to have waived any such payment adjustments which are not communicated as provided in this Section 1.04 of this EXHIBIT E within thirty-six (36) months after the end of the Term. Adjustment payments for meter inaccuracy will not bear interest.

Adjustment of Payment. Any amount due from Anaheim to Seller, or Seller to Anaheim, as the case may be, will be made as an adjustment to the next monthly payment statement that is calculated after Seller’s or Anaheim’s recomputation using corrected measurements. If the recomputation results in a net amount owed to Anaheim after applying any amounts owing to Seller as shown on the next monthly payment statement, any such amount owing to Anaheim will at Anaheim’s discretion be netted against amounts owed to Seller in any subsequent monthly Payment Invoice or separately invoiced to Seller, in which case Seller must pay the amount owing to Anaheim within ten (10) calendar days after receipt of that invoice. Anaheim may make payment adjustments arising from the CAISO Recalculation Settlement Statement, CASIO Charges, Anaheim Penalties, or as a result of inaccurate meters after the end of the Term, provided, the Parties will be deemed to have waived any such payment adjustments which are not communicated as provided in this Section 1.04 of this EXHIBIT E within thirty-six thirty‐six (36) months after the end of the Term. Adjustment payments for meter inaccuracy will not bear interest.

Adjustment of Payment. Any amount due from Anaheim to Seller, or Seller to Anaheim, as the case may be, will be made as an adjustment to the next monthly payment statement that is calculated after Seller’s or Anaheim’s recomputation using corrected measurements. If the recomputation results in a net amount owed to Anaheim after applying any amounts owing to Seller as shown on the next monthly payment statement, any such amount owing to Anaheim will at Anaheim’s discretion be netted against amounts owed to Seller in any subsequent monthly Payment Invoice or separately invoiced to Seller, in which case Seller must pay the amount owing to Anaheim within ten (10) calendar days after receipt of that invoice. Anaheim may make payment adjustments arising from the CAISO Recalculation Settlement Statement, CASIO Charges, Anaheim Penalties, or as a result of inaccurate meters after the end of the Term, provided, the Parties will be deemed to have waived any such payment adjustments which are not communicated as provided in this Section 1.04 Two.4 of this EXHIBIT E within thirty-six (36) months after the end of the Term. Adjustment payments for meter inaccuracy will not bear interest.