Common use of Payment to Grantor Clause in Contracts

Payment to Grantor. (a) No acceptance of any payment by Grantor may be construed as an accord that the amount is in fact the correct amount, nor may acceptance of payment be construed as a release of any claim the Grantor may have against Grantee for any additional sums payable under the provisions of this Agreement. Any such claim must be asserted within four years after the date that payment is due. (b) All amounts paid are subject to independent audit and recomputation by Grantor, as provided for in Subsection 10.8 of this Agreement.

Payment to Grantor. (a) No acceptance of any payment by Grantor may be construed as an accord that the amount is in fact the correct amount, nor may acceptance of payment be construed as a release of any claim the Grantor may have against Grantee for any additional sums payable under the provisions of this Agreement. Any such claim must be asserted within four years after the date that payment is due. (b) All amounts paid are subject to independent audit and recomputation by Grantor, as provided for in Subsection 10.8 Grantor under Section 11.9 of this Agreement.

Payment to Grantor. (a) No acceptance of any payment by Grantor may be construed as an accord that the amount is in fact the correct amount, nor may acceptance of payment be construed as a release of any claim the Grantor may have against Grantee for any additional sums payable under the provisions of this Agreement. Any such claim must be asserted within four years after the date that payment is due. (b) All amounts paid are subject to independent audit and recomputation by Grantor, as provided for in Subsection 10.8 of this Agreement9.7.