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<br />8 <br /> <br />6.3 Time of Payment. Subscriber will pay all undisputed amounts due hereunder within <br />35 days of the Invoice Date. <br /> <br />6.4 Method of Payment. Subscriber will make all payments under the Agreement by <br />electronic funds transfer in immediately available funds to the account designated by Operator from <br />time to time. If Subscriber does not have electronic funds transfer capability, or does not desire to use <br />electronic funds transfer, the Parties shall agree to an alternative method of payment. All payments that <br />are not paid when due shall bear interest accruing from the date becoming past due until paid in full at a <br />rate equal to the Stated Rate. Except for billing errors or as provided in Section 6.5 below, all payments <br />made hereunder shall be non-refundable, be made free and clear of any tax, levy, assessment, duties or <br />other charges and not subject to reduction, withholding, set-off, or adjustment of any kind. <br /> <br />6.5 Disputed Payments. If a bona fide dispute arises with respect to any invoice, <br />Subscriber shall not be deemed in default under the Agreement and the Parties shall not suspend the <br />performance of their respective obligations hereunder, including payment of undisputed amounts owed <br />hereunder. If an amount disputed by Subscriber is subsequently deemed to have been due pursuant to <br />the applicable invoice, interest shall accrue at the Stated Rate on such amount from the date becoming <br />past due under such invoice until the date paid. <br /> <br /> <br />6.6 Billing Adjustments Following NSP Billing Adjustments. If, as a result of an NSP <br />billing adjustment, the quantity of Delivered Energy is decreased (the “Electricity Deficiency <br />Quantity”) and NSP reduces the amount of Bill Credits allocated to Subscriber for such period, <br />Operator will reimburse Subscriber for the amount paid by Subscriber in consideration for the <br />Electricity Deficienc y Quantity. If as a result of such adjustment the quantity of Delivered Energy <br />allocated to Subscriber is increased (the “Electricity Surplus Quantity”) and NSP increases the amount <br />of Bill Credits allocated to Subscriber for such period, Subscriber will pay for the Electricity Surplus <br />Quantity at the kWh Rate applicable during such period. <br /> <br />7. GENERAL COVENANTS. <br /> <br />7.1 Operator’s Covenants. Operator covenants and agrees to the following: <br /> <br />(a) Notice of Damage or Emergency. Operator will within 3 business days notify <br />Subscriber if it becomes aware of any significant damage to or loss of the use of the System or that could <br />reasonably <br />be expected to adversely affect the System. <br /> <br />(b) System Condition. Operator shall make commercially reasonable efforts to ensure <br />that the System is capable of operating at a commercially reasonable continuous rate. <br /> <br />(c) Governmental Approvals. While providing the Installation Work and System <br />Operations, Operator shall obtain and maintain and secure all Governmental Approvals required to be <br />obtained and maintained and secured by Operator and to enable Operator to perform such obligations. <br /> <br />58