Common use of Adjustments and Corrections Clause in Contracts

Adjustments and Corrections. If adjustments or corrections to bills or statements are required as a result of errors in computation or billing, the Parties shall recompute amounts due hereunder and otherwise correct any errors in such bills or statements. If the total amount, as recomputed, due from a Party for the period of inaccuracy varies from the total amount due as previously computed, and payment of the previously computed amount has been made, the difference shall be paid to the Party entitled to receive it within thirty (30) days after the recomputation.