Common use of Dispute of Payments Clause in Contracts

Dispute of Payments. Each Party may dispute any payment it receives from the other Party related to the Event and may request additional information from the other Party substantiating any and all payment sought. When additional information is requested, the requesting Party shall advise the other Party in writing, identifying the specific item(s) that are in dispute and giving specific reasons for any request for information. If a Party disputes an item or invoice and additional information is requested, payment shall be completed within thirty (30) days of acceptance of the item or invoice by the requesting Party following receipt of the information requested and resolution of the dispute. To the extent possible, undisputed charges shall be timely paid in accordance with this Agreement. Payment of one Party shall be deemed made and completed upon hand delivery to the other Party or other Party’s designee or upon deposit of such payment or notice in the U.S. Mail, postage pre-paid, addressed to the applicable Party at the address required for notices set forth in this Agreement.

Dispute of Payments. Each Party may dispute any payment it receives from the other Party related to the Event and may request additional information from the other Party substantiating any and all payment sought. When additional information is requested, the requesting Party shall advise the other Party in writing, identifying the specific item(s) that are in dispute and giving specific reasons for any request for information. If a Party disputes an item or invoice and additional information is requested, payment shall be completed within thirty (30) days of acceptance of the item or invoice by the requesting Party following receipt of the information requested and resolution of the dispute. To the extent possible, undisputed charges shall be timely paid in accordance with this Agreement. Payment of one Party shall be deemed made and completed upon hand delivery to the other Party or other Party’s designee or upon deposit of such payment or notice in the U.S. Mail, postage pre-paid, addressed to the applicable Party at the address required for notices set forth in this Agreement.