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i i i. -The Reconciliation Adjustment Amount for the prior Service Year <br />shall be paid on or before August 15 of the following calendar year, as <br />described in Section .7.6. <br />i If a Party fails to pay an Estimated Payment or Reconciliation <br />Adjustment Amount within 15 days of the date owed, the Party owed <br />shall notify the owing Party that they have ton (10) days to cure non- <br />payment. If the Party fails to cure its nonpayment within this time <br />period following notice, the amount owed shall accrue interest <br />thereon at the rate of I % per month from and after the original due <br />date and, if the nonpaying Party is the City, the County at its sole <br />discretion may withhold provision of Animal Services to the City until <br />all outstanding amounts are paid. If the nonpaying Party is the <br />County, the City may withhold future Estimated Payments until all <br />outstanding amounts are paid. Each Party may examine the other's <br />books and records to verify charges. <br />\,.,.._ Unless the Parties otherwise direct, payments shall be submitted to <br />the addresses noted at Section 1,74.g. <br />Payment Obligation Survives Expiration or Termination of Agreement <br />The obligation of the City (or as applicable, the County), to pay an <br />Estimated Payment Amount or Reconciliation Adjustment Amount for a <br />Service Year included in the term of this Agreement shall survive the <br />Expiration or Termination of this Agreement. For example, if this <br />Agreement terminates on December 31, 202-Q5, the 4- 4+ia4-Estimated 20224-,"; <br />Payment is nevertheless due on or before A t �Y l,,t 15, 20224--,'4, and <br />the Reconciliation Adjustment Amount shall be payable on or before <br />August 15, 207,3+, <br />The Parties agree the payment and reconciliation formulas in this <br />Agreement (including all Exhibits) are fair and reasonable. <br />7...—Reconciliation of Estimated Payments and -Adu,4-Costs ­4+K4 -Revenues. <br />a. In order that the Contracting Parties share costs of the regional Animal <br />Services Program based on their actual, rather than estimated, licensing <br />revenues, there will be an annual reconciliation. Specifically, on or before <br />June 30 of each year, the County will reconcile amounts owed under this <br />Agreement for the prior Service Year by comparing each Contracting Party's <br />Document Dated 4 <br />W. <br />10 <br />