Common use of Adjustment to Statement Clause in Contracts

Adjustment to Statement. (a) Each Statement shall be subject to adjustment for errors in arithmetic, computation, or other errors, raised by a party during the period of one (1) year following the end of the calendar year in which such Statement was issued. If there are no complaints raised, or if any complaints raised in the time period have been resolved, such Statement shall be final and subject to no further adjustment after the expiration of such period. (b) Subject to Section 4.9, any adjustment to a Statement made pursuant to this Section 4.8 shall be made in the next subsequent Statement to be issued.

Adjustment to Statement. ‌ (a) Each Statement shall be subject to adjustment for errors in arithmetic, computation, or other errors, raised by a party Party during the period of one (1) year following the end of the calendar year in which such Statement was issued. If there are no complaints raised, or if any complaints raised in the time period have been resolved, such Statement shall be final and subject to no further adjustment after the expiration of such period. (b) Subject to Section 4.95.7, any adjustment to a Statement made pursuant to this Section 4.8 5.6 shall be made in the next subsequent Statement to be issuedStatement.