Common use of Payment of Undisputed Amounts Clause in Contracts

Payment of Undisputed Amounts. 14.8.1 Subject to the express provisions of this Agreement, including subsection 14.7, where there is any Dispute as to the amount of monies owing by any Party to any other Party hereunder including Milestone Payments, the portion of the amount owing that is not in dispute or otherwise contested or challenged, if any, shall be paid within the time required herein or if the required time has elapsed, shall be paid immediately, without deduction or abatement, but without prejudice to the rights of the Parties to contest, challenge or otherwise dispute the appropriate disposition of the remaining portion of the monies claimed hereunder.

Appears in 1 contract

Sources: Project Agreement

Payment of Undisputed Amounts. 14.8.1 Subject to the express provisions of this Agreement, including subsection section 14.7, where there is any Dispute as to the amount of monies owing by any Party to any other Party hereunder including Milestone Paymentshereunder, the portion of the amount owing that is not in dispute or otherwise contested or challenged, if any, shall be paid within the time required herein or if the required time has elapsed, shall be paid immediately, without deduction or abatement, but without prejudice to the rights of the Parties to contest, challenge or otherwise dispute the appropriate disposition of the remaining portion of the monies claimed hereunder.

Appears in 1 contract

Sources: Project Agreement