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d. All undisputed lease payments properly invoiced by the District for <br /> leased property shall be payable to the District by wire transfer, or such other payment method as the <br /> District and Calpine may agree upon. If Calpine fails to pay any undisputed payments properly <br /> invoiced by the District when due, Calpine shall owe interest on the unpaid amount, accruing daily at <br /> the Late Payment Rate as defined in Section 9 . e below, from the date the same is due until paid. If <br /> prior to the expiration of the applicable period for payment of invoices stated above, Calpine <br /> disputes that the provision of any leased property is in accordance with this Agreement, Calpine <br /> shall, prior to the expiration of such period, provide the District with written notice identifying the <br /> basis for such dispute and the amount of the payment invoiced by the District in dispute. Thereafter, <br /> the payment of such disputed amount shall be deferred until such dispute has been resolved to the <br /> satisfaction of Calpine and the District. If there is a dispute about any payment invoiced by the <br /> District, the invoiced amount not in dispute shall be promptly paid as described above, and any <br /> amount disputed which is ultimately determined to have been payable prior to the actual date of <br /> payment shall be paid with interest, at the Late Payment Rate, from the date due to the date of <br /> payment. <br /> e . "Late Payment Rate " means a rate of interest per annum equal to the <br /> Prime Rate quoted in the Wall Street Journal plus 5 % , or the maximum rate permitted by applicable <br /> Law, whichever is less . <br /> 10 . Conditions Precedent; Termination : <br /> 22 <br /> 8 .5 .04 Water Agreement <br />