Common use of Adjustments for Errors Clause in Contracts

Adjustments for Errors. If at any time during the Term of this Agreement an error is made in the calculation of any amount payable by Methanex under this Agreement, the invoice for the month immediately succeeding the month in which such error was finally determined shall be increased or decreased, as the case may be, by an amount equal to the sum of such overpayment or underpayment, as the case may be, by Methanex.

Appears in 2 contracts

Sources: Services Agreement (Terra Industries Inc), Services Agreement (Terra Investment Fund LLC)