Common use of Overpayment or Underpayment Clause in Contracts

Overpayment or Underpayment. Should a record review performed by Buyer or Seller reveal an overpayment or underpayment, then the amount of the overpayment or underpayment shall promptly be paid to the Party to whom it is owed by the other Party with interest at the late payment rate specified by Section 18.2.

Appears in 1 contract

Sources: Coal Supply Agreement (Rentech Inc /Co/)

Overpayment or Underpayment. Should a record review performed by Buyer or Seller reveal an overpayment or underpayment, then the amount of the overpayment or underpayment shall promptly be paid to the Party to whom it is owed by the other Party with interest at the late payment rate specified by Section 18.210.2.

Appears in 1 contract

Sources: Carbon Supply Agreement (Ada-Es Inc)