Challenge to Approved Claims to Prevent Fraud Sample Clauses

Challenge to Approved Claims to Prevent Fraud. For every Claim approved, the Settlement Administrator shall provide the Claim Form and any supporting documentation to the Parties within seven (7) days of approving the Claim Form. Prior to providing the Claim Form and supporting information to the Parties, the Settlement Administrator shall remove any personally identifying information from the Claim Form and supporting documentation. Should any Party believe in good faith that the Claim should not have been approved, in whole or in part, the Party may challenge the Claim within seven (7) days of receiving the Claim Form and any supporting information by serving the Settlement Administrator and all Parties with a notice, not to exceed one page, as to why the Claim should not have been approved in whole or in part. Any party may respond to that notice within seven (7) days. The Settlement Administrator shall then consider the challenge and make a determination as to the merits of the challenge. The
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Related to Challenge to Approved Claims to Prevent Fraud

  • Submitting False Claims; Monetary Penalties The AOC shall be entitled to remedy any false claims, as defined in California Government Code section 12650 et seq., made to the AOC by the Contractor or any Subcontractor under the standards set forth in Government Code section 12650 et seq. Any Contractor or Subcontractor who submits a false claim shall be liable to the AOC for three times the amount of damages that the AOC sustains because of the false claim. A Contractor or Subcontractor who submits a false claim shall also be liable to the AOC for (a) the costs, including attorney fees, of a civil action brought to recover any of those penalties or damages, and (b) a civil penalty of up to $10,000 for each false claim.

  • Claims and Suits (a) The Receiver shall have the right, in its discretion, to (i) defend or settle any claim or suit against the Assuming Bank with respect to which the Receiver has indemnified the Assuming Bank in the same manner and to the same extent as provided in Article XII, and (ii) defend or settle any claim or suit against the Assuming Bank with respect to any Liability Assumed, which claim or suit may result in a loss to the Receiver arising out of or related to this Agreement, or which existed against the Failed Bank on or before Bank Closing. The exercise by the Receiver of any rights under this Section 9.3(a) shall not release the Assuming Bank with respect to any of its obligations under this Agreement. (b) In the event any action at law or in equity shall be instituted by any Person against the Receiver and the Corporation as codefendants with respect to any asset of the Failed Bank retained or acquired pursuant to this Agreement by the Receiver, the Receiver agrees, at the request of the Corporation, to join with the Corporation in a petition to remove the action to the United States District Court for the proper district. The Receiver agrees to institute, with or without joinder of the Corporation as coplaintiff, any action with respect to any such retained or acquired asset or any matter connected therewith whenever notice requiring such action shall be given by the Corporation to the Receiver.

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