10.1 hubco shall prepare and maintain accurate records of the Partnering Services Costs (and details of the proposed New Projects in relation to which such costs are incurred, where relevant).
10.2 Save in the circumstances set out in Clause 22 (Participant Default) and Schedule Part 5 (Approval Process for New Projects), hubco shall recover its Partnering Services Costs in respect of Ongoing Partnering Services and Project Development Partnering Services as provided in Schedule Part 4 (Partnering Services Costs). As regards Strategic Support Partnering Services then, subject always to Clause 22 (Participant Default), these shall be provided by hubco and paid for by the relevant Participant(s) (within 30 days of valid invoice therefor) at rates and prices quoted by hubco and accepted by the relevant Participant(s) in advance.These rates and prices should be in accordance with Section 4 (Partnering Services Costs Rates) of Schedule Part 3 (Partnering Services) as updated from time to time in accordance with this Agreement, subject to whatever adjustments as may be agreed between hubco and the relevant Participant(s) in each case.
10.3 All payments under this Agreement shall be made in pounds sterling by electronic transfer of funds for value on the day in question to the bank account of the recipient (located in the United Kingdom) specified in the relevant invoice, quoting the invoice number against which payment is made. Subject to Section 3 (Payment and Interest) of Schedule Part 14 (Compensation on Participant Event of Default and Termination), all valid invoices shall be payable within 30 days of receipt.
10.4 If any Party (acting in good faith) disputes all or any part of any sum payable hereunder, the undisputed amount shall be paid by the relevant Party in accordance with Clause 10.3 and the provisions of the Dispute Resolution Procedure shall apply in respect of the disputed part. Following resolution of the dispute, any amount agreed or determined to have been payable shall be paid forthwith by the relevant Party to the recipient, together with interest on such amount calculated in accordance with Clause 10.5 (Late Payment).