Financial Sanctions. The Insurance may exclude liability of the Insurer to indemnify the Insured against any Claim to the extent that payment of such Claim would cause the Insurer to breach any United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union or any other jurisdiction applicable to the Insurer, such that the Insurer would be exposed to a sanction, prohibition or restriction.
Financial Sanctions. H-GAC retains the right to deduct the amount of any advance payment or previous overpayment made by H-GAC, from any subsequent billing submitted by Contractor for violations under this contract. Failure to comply with the Contractor obligations or submit xxxxxxxx timely is valid justification for termination of this contract or disallowance of payment. Contractor will be liable for and will repay to H-GAC, on demand, any amounts which are not expended in compliance with this contract, or disallowed as a result of a resolution agreement. Contractor will further be responsible for any audit exception or other payment deficiency covered by this contract and all subcontracts hereunder which is found to exist by monitoring or auditing by any party as authorized or required by H-GAC. Contractor will be liable for such funds and will repay such funds even if the improper expenditure, if any, was made by a subcontractor of Contractor. All repayment made by the Contractor shall be from non-federal/state funds. Contractor’s failure to pay within 30 days after demand may result in legal actions to recover such funds, sanctions as set forth in this section and/or additional cost including allowable interest.
Financial Sanctions. You warrant in relation to the Financial Sanctions that:
I. any promotions, administration, sales of any insurance product or any other activities in connection with this Agreement are not for the benefit, directly or indirectly, of a Person, or on behalf of such a Person who has sanctions imposed on them; and
II. No Sanctioned Persons have been employed directly or indirectly, to act for you or on your behalf in connection with your activities under this agreement.
III. You will notify Broker Direct immediately in the event that you suspect that you have been approached by or are dealing with a Sanctioned Person or if any circumstances arise whereby there is a risk that any of the warranties given have been or may be breached. Such notification shall be accompanied by full particulars of the events giving rise to the notification and you shall fully cooperate with Broker Direct in relation to any reasonable requests Broker Direct may make arising from such notification.
Financial Sanctions. H-GAC retains the right to deduct the amount of any advance payment or previous overpayment made by H-GAC, from any subsequent billing submitted by Subrecipient for violations under this contract. Failure to comply with the Subrecipient obligations or submit xxxxxxxx timely is valid justification for termination of this contract or disallowance of payment. Subrecipient will be liable for and will repay to H-GAC, on demand, any amounts which are not expended in compliance with this contract, or disallowed as a result of a resolution agreement. Subrecipient will further be responsible for any audit exception or other payment deficiency covered by this contract and all subcontracts hereunder which is found to exist by monitoring or auditing by any party as authorized or required by H-GAC. Subrecipient will be liable for such funds and will repay such funds even if the improper expenditure, if any, was made by a subcontractor of Subrecipient. All repayment made by the Subrecipient shall be from non- federal/state funds. Subrecipient’s failure to pay within 30 days after demand may result in legal actions to recover such funds, sanctions as set forth in this section and/or additional cost including allowable interest.
Financial Sanctions. H-GAC retains the right to deduct the amount of any advance payment or previous overpayment made by H-GAC, from any subsequent billing submitted by Fort Bend County for violations under this contract. Failure to comply with the Fort Bend County obligations or submit xxxxxxxx timely is valid justification for termination of this contract or disallowance of payment. Fort Bend County will be liable for and will repay to H-GAC, on demand, any amounts which are not expended in compliance with this contract, or disallowed as a result of a resolution agreement. Fort Bend County will further be responsible for any audit exception or other payment deficiency covered by this contract and all subcontracts hereunder which is found to exist my monitoring or auditing by any party as authorized or required by H-GAC. Fort Bend County will be liable for such funds and will repay such funds even if the improper expenditure, if any, was made by a subcontractor of Fort Bend County. All repayment made by the Fort Bend County shall be from non-federal funds. Fort Bend County’s failure to pay within 30 days after demand may result in legal actions to recover such funds, sanctions as set forth in this section and/or additional cost including allowable interest.
Financial Sanctions. If Plan benefits or reimbursements provided under this Agreement violate or will violate any economic or trade sanctions, such Plan benefits or reimbursements are immediately considered invalid. Company cannot make payments for claims or Services if it violates a financial sanction regulation. This includes sanctions related to a blocked person or a country under sanction by the United States, unless permitted under a written office of Foreign Assets Control (OFAC) license. Waiver - No delay or failure of either party in exercising any right under this Agreement shall be deemed to constitute a waiver of that right. Third Party Beneficiaries - There are no intended third-party beneficiaries of this Agreement.
Financial Sanctions. You warrant in relation to the Terrorist Order that:
I. any promotions, administration, sales of any insurance product or any other activities in connection with this Agreement are not for the benefit, directly or indirectly, of a Restricted Person, or on behalf of such a Restricted Person; and
II. No Restricted Persons have been employed directly or indirectly, to act for you or on your behalf in connection with your activities under this agreement.
III. You will notify Broker Direct immediately in the event that you suspect that you have been approached by or are dealing with a Restricted Person or if any circumstances arise whereby there is a risk that any of the warranties given have been or may be breached. Such notification shall be accompanied by full particulars of the events giving rise to the notification and you shall fully cooperate with Broker Direct in relation to any reasonable requests Broker Direct may make arising from such notification.
Financial Sanctions. This Insurance does not apply in the event that the provision of insurance or the payment of compensation, would directly or indirectly expose the Insurer to any resolution from the UN or national or foreign laws or regulations relating to financial or trade sanctions.
Financial Sanctions. The PH-MCO must provide complete, accurate, and timely Encounter Data to the Department. In addition, the PH-MCO must maintain complete medical service history data. The Department will request the PH-MCO submit a Corrective Action Plan when areas of noncompliance are identified. The Department may assess financial sanctions as provided in Exhibit XX, Encounter Data Submission Requirements and Sanctions, based on the identification of instances of non compliance.
Financial Sanctions. If the student does not reach a minimum of 20 ECTS credits at the end of the mobility period, he/she shall repay the financial support or part thereof as follows: from 5 ECTS to 9 ECTS – 75% of the financial support; from 10 ECTS to 14 ECTS – 50% of the financial support. from 15 ECTS to 19 ECTS – 25% of the financial support.
