Common use of Correction of overpayments or underpayments of claims Clause in Contracts

Correction of overpayments or underpayments of claims. In the event that either Party believes that a claim has not been paid correctly, or that funds were paid beyond or outside of what is provided for under this Agreement, either party may seek correction of the payment, except that Facility may not seek correction of a payment more than 12 months after it was made. Facility will repay overpayments within 30 days of notice of the overpayment. Facility will promptly report any credit balance that it maintains with regard to any claim overpayment under this Agreement, and will return such overpayment to United within 30 days after posting it as a credit balance. Facility agrees that recovery of overpayments may be accomplished by offsets against future payments.

Appears in 4 contracts

Samples: Facility Participation Agreement (Celera CORP), Facility Participation Agreement (Celera CORP), Facility Participation Agreement (Celera CORP)

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