Common use of Adjustment of Payment Clause in Contracts

Adjustment of Payment. Any amount due from SCE to Seller, or Seller to SCE, or any ▇▇▇▇ credit from SCE to Customer, as the case may be, will be made as an adjustment to the next monthly Payment Invoice or ▇▇▇▇ credit that is calculated after Seller’s or SCE’s recomputation using corrected measurements. If the recomputation results in a net amount owed to SCE after applying any amounts owing to Seller or ▇▇▇▇ credits to Customer as shown on the next monthly Payment Invoice, any such amount owing to SCE will at SCE’s discretion be netted against amounts owed to Seller or against ▇▇▇▇ credits owed to Customer in any subsequent monthly Payment Invoice or ▇▇▇▇ credits or separately invoiced to Seller, in which case Seller must pay the amount owing to SCE within twenty