ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT Sample Clauses

ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT. If in any year, by reason of errors in computation or other causes, there is an overpayment or underpayment to the State by the Agency of the charges provided for herein, which overpayment or underpayment is not accounted for and corrected in the annual redetermination of said charges, the amount of such overpayment or underpayment shall be credited or debited, as the case may be, to the Agency’s account for the next succeeding year and the State shall notify the Agency thereof in writing.
AutoNDA by SimpleDocs
ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT. ‌ If in any year, by reason of errors in computation or other causes, there is an overpayment or underpayment to the State by the Agency of the charges provided for herein, which overpayment or underpayment is not accounted for and corrected in the annual redetermination of said charges, the amount of such overpayment or underpayment shall be credited or debited, as the case may be, to the Agency’s account for the next succeeding year and the State shall notify the Agency thereof in writing. 33 Deleted: Amendment 8
ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT. Upon disagreement between any Contracting Agency and CBMWD over the amount of service charges or the discovery of an error in computation of service charges for a Contracting Agency, which is not resolved within 30 days, CBMWD shall immediately provide written notice of such disagreement or error to the Regional Technical Committee and shall request a recommendation and report from the committee. If such a written report is filed with CBMWD within 60 days of giving notice, CBMWD shall credit or debit any affected Contracting Agency's service charge account for the following month in the manner recommended by the Regional Technical Committee. If such a written report is not filed with CBMWD within 60 days of giving notice, or upon request of the Regional Technical Committee or any Contracting Agency, the Board of Directors of CBMWD shall initiate hearing procedures on said disagreement or error in accordance with Section 26A hereof. Upon the conclusion of the hearing, the Board of Directors of CBMWD shall, by resolution, make its determination on service charge adjustments, due dates and any interest due, and shall provide for the appropriate credit to or debit of any affected Contracting Agency's service charge account for the following month.
ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT. If in any year, by reason of errors in computation or other causes, there is an overpayment or underpayment to the State by the District of the charges provided for herein, which overpayment or underpayment is not accounted for and corrected in the annual redetermination of said charges, the amount of such overpayment or underpayment shall be credited or debited, as the case may be, to the District’s account for the next succeeding year and the State shall notify the District thereof in writing.‌ 57 Amended: Amendments Xx. 0, 0, 00, xxx 00 00. Delinquency in Payment.‌

Related to ADJUSTMENT FOR OVERPAYMENT OR UNDERPAYMENT

  • OVERPAYMENT OF PURCHASES OR UNDERPAYMENT OF FEES Without limiting any other remedy available to any Purchaser, Contractor shall (a) reimburse Purchasers for any overpayments inconsistent with the terms of this Master Contract or Purchase Orders placed thereunder, at a rate of 125% of any such overpayments, found as a result of the examination of Contractor’s records; and (b) reimburse Enterprise Services for any underpayment of vendor management fees, at a rate of 125% of such fees found as a result of the examination of Contractor’s records (e.g., if Contractor underpays the Vendor Management Fee by $500, Contractor would be required to pay to Enterprise Services $500 x 1.25 = $625); Provided, however, that, in the event Contractor timely discovers and corrects any Purchaser overpayment or Contractor underpayment of vendor management fees and does so prior to the initiation of any audit, Contractor shall be entitled to reimburse Purchaser or pay to Enterprise Services the actual amount of such Purchaser overpayment or such underpayment of vendor management fees.

  • Payment of Overpayment If at any time the Province provides Funds in excess of the amount to which the Recipient is entitled under the Agreement, the Province may:

  • Underpayment In the event of a change which results in an underpayment to an employee, the employee shall be properly compensated on or before the next possible paycheck following discovery of the error. Upon request, the District shall provide the employee with specific written explanation for the underpayment through the Payroll Contact Person at the employee’s location.

  • Overpayment Provider shall be liable to the GLO for any costs disallowed pursuant to financial and/or compliance audit(s) of funds received under this Contract. Provider shall reimburse such disallowed costs from funds other than those that Provider received under this Contract. Provider must refund disallowed costs and overpayments of funds received under this Contract to the GLO within 30 days after the GLO issues notice of overpayment to Provider.

  • Underpayments a. In the event the employee does not receive the wages or benefits to which the record/documentation has for all times indicated the employer agreed the employee was entitled, the Agency shall notify the employee in writing of the underpayment. This notification will include information showing that an underpayment exists and the amount of wages and/or benefits to be repaid. The Agency shall correct any such underpayment made within a maximum period of two (2) years before the notification.

  • Repayment of Overpayments 17.1 Any salary overpayments will be repaid to the employer within a reasonable period of time.

  • Definition of Overpayments An “Overpayment” means any funds that Xxxxxx receives or retains under any Federal health care program to which Xxxxxx, after applicable reconciliation, is not entitled under such Federal health care program.‌

  • Notice of Overpayment If the Contractor receives a vendor overpayment notice or a letter communicating the existence of an overpayment from DSHS, the Contractor may protest the overpayment determination by requesting an adjudicative proceeding. The Contractor’s request for an adjudicative proceeding must:

  • Salary Overpayment Recovery A. When the Employer has determined that an employee has been overpaid wages, the Employer will provide written notice, via certified mail, to the employee that will include the following items:

  • ADJUSTMENT OF COMPLAINTS Standing Committee Can Call in Members for Discussions of Grievances with the Company. (Page 261, 1946 Transcript) It is agreed that the Union Standing Committee may call in any other employee to accompany them in their meetings with Company officials. Exhibit "A"

Time is Money Join Law Insider Premium to draft better contracts faster.