Contest of Accuracy of Charges Sample Clauses

The Contest of Accuracy of Charges clause establishes the process by which a party can dispute the correctness of charges or invoices issued under an agreement. Typically, this clause outlines the timeframe within which a party must raise an objection, the method for submitting a dispute, and the steps both parties must follow to resolve the issue, such as providing supporting documentation or entering into good faith negotiations. Its core practical function is to ensure that billing errors or misunderstandings are addressed promptly and fairly, thereby reducing the risk of prolonged disputes and maintaining transparency in financial transactions.
Contest of Accuracy of Charges. In the event that the Agency contests the accuracy of any statement submitted to it pursuant to subdivision (e) of this article, it shall give the State notice thereof at least ten (10) days prior to the day upon which payment of the stated amounts is due. To the extent that the State finds the Agency’s contentions regarding the statement to be correct, it shall revise the statement accordingly, and the Agency shall make payment of the revised amounts on or before the due date. To the extent that the State does not find the Agency’s contentions to be correct, or where time is not available for a review of such contentions prior to the due date, the Agency shall make payment of the stated amounts on or before the due date, but may make the contested part of such payment under protest and seek to recover the amount thereof from the State. <30.48 SURCHARGE FOR PROJECT WATER USED ON EXCESS LAND -DELETED>‌
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Contest of Accuracy of Charges. In the event that the Agency contests the accuracy of any statement submitted to it pursuant to subdivision (e) of this article, it shall give the State notice thereof at least ten (10) days prior to the day upon which payment of the stated amounts is due. To the extent that the State finds the Agency’s contentions regarding the statement to be correct, it shall revise the statement accordingly, and the Agency shall make payment of the revised amounts on or before the due date. To the extent that the State does not find the Agency’s contentions to be correct, or where time is not available for a review of such contentions prior to the due date, the Agency shall make payment of the stated amounts on or before the due date, but may make the contested part of such payment under protest and seek to recover the amount thereof from the State.
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Contest of Accuracy of Charges. > In the event that the District in good faith contests the accuracy of any statement submitted to it pursuant to subdivision (f) of this article, it shall give the State notice thereof at least ten (10) days prior to the day upon which payment of the stated amounts is due. To the extent that the State finds the District’s contentions regarding the statement to be correct, it shall revise the statement accordingly, and the District shall make payment of the revised amounts on or before the due date. To the extent that the State does not find the District’s contentions to be correct, or where time is not available for a review of such contentions prior to the due date, the District shall make payment of the stated amounts on or before the due date, but may make the contested part of such payment under protest and seek to recover the amount thereof from the State.
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Contest of Accuracy of Charges. > In the event that the District in good faith contests the accuracy of any statement submitted to it pursuant to subdivision (e) of this article, it shall give the State notice thereof at least ten (10) days prior to the day upon which payment of the stated amounts is due. To the extent that the State finds the District’s contentions regarding the statement to be correct, it shall revise the statement accordingly, and the District shall make payment of the revised amounts on or before the due date. To the extent that the State does not find the District’s contentions to be correct, or where time is not available for a review of such contentions prior to the due date, the District shall make payment of the stated amounts on or before the due date, but may make the contested part of such payment under protest and seek to recover the amount thereof from the State. <30. 58Surcharge for Project Water Used on Excess Land - Deleted>‌
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Contest of Accuracy of Charges. If EMWD questions or disputes the correctness of any billing statement (whether a Monthly Reconciliation Statement or an invoice) by SCWD, it shall nonetheless pay to SCWD when due any amounts due and payable hereunder. Upon receipt of any Monthly Reconciliation Statement, EMWD shall have thirty (30) days to dispute all or any portion of (a) the full EMWD Share of the Estimated Phase 1a Procurement Costs previously incurred or paid by SCWD and/or the Estimated Phase 1b Preliminary Services Costs, as applicable, incurred or paid during the previous calendar month, or the calculations thereof, and/or (b) EMWD’s resulting Fund Balance, by providing SCWD written notice of said dispute (each, a “Notice of Dispute”). Upon receipt of a Notice of Dispute, SCWD and EMWD shall meet and confer in good faith regarding such disputed amounts. SCWD may deduct from EMWD’s Fund Balance any such disputed amounts, which shall continue to show as a debit against EMWD’s Fund Balance unless otherwise resolved in EMWD’s favor. If SCWD and EMWD are unable to resolve said dispute within thirty (30) days (unless otherwise extended by SCWD and EMWD in writing), such dispute shall be determined in accordance with Section 10.5 hereof.
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Related to Contest of Accuracy of Charges

  • ACCURACY OF RECITALS Borrower acknowledges the accuracy of the Recitals.

  • Payment of Charges (a) Subject to Section 5.2(b), each Credit Party shall pay and discharge or cause to be paid and discharged promptly all Charges payable by it, including (i) Charges imposed upon it, its income and profits, or any of its property (real, personal or mixed) and all Charges with respect to tax, social security and unemployment withholding with respect to its employees, (ii) lawful claims for labor, materials, supplies and services or otherwise, and (iii) all storage or rental charges payable to warehousemen and bailees, in each case, before any thereof shall become past due. (b) Each Credit Party may in good faith contest, by appropriate proceedings, the validity or amount of any Charges, Taxes or claims described in Section 5.2(a); provided, that (i) adequate reserves with respect to such contest are maintained on the books of such Credit Party, in accordance with GAAP; (ii) no Lien shall be imposed to secure payment of such Charges (other than payments to warehousemen and/or bailees) that is superior to any of the Liens securing payment of the Obligations and such contest is maintained and prosecuted continuously and with diligence and operates to suspend collection or enforcement of such Charges, (iii) none of the Collateral becomes subject to forfeiture or loss as a result of such contest, (iv) such Credit Party shall promptly pay or discharge such contested Charges, Taxes or claims and all additional charges, interest, penalties and expenses, if any, and shall deliver to Agent evidence reasonably acceptable to Agent of such compliance, payment or discharge, if such contest is terminated or discontinued adversely to such Credit Party or the conditions set forth in this Section 5.2(b) are no longer met, and (v) Agent has not advised Borrower in writing that Agent reasonably believes that nonpayment or nondischarge thereof could have or result in a Material Adverse Effect.

  • Certification of Accuracy The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate.