R ecoupment Sample Clauses

R ecoupment. Producer acknowledges and agrees that Completion Guarantor shall be entitled, subject to the terms of the Interparty Agreement and the other Completion Documents and after Beneficiary’s Obligations have been paid in full, to fully recoup and recover Completion Sums from all proceeds received by Producer (including any affiliate, parent or subsidiary of Producer) or payable (without offset and double-counting) to Producer from any third-party, including any Distributor, in respect of the exploitation and disposition of the Film and the Collateral by any means and any media, now known or hereinafter invented, throughout the world in perpetuity and all other revenues payable to Producer concerning the Film including any production subsidy, benefit from a government-sponsored loan program, tax credit, rebate or other similar incentives (collectively, “Recoupment Proceeds”). Without limiting the foregoing, if Completion Guarantor has advanced any Completion Sums, then Producer further acknowledges and agrees that, as between Producer and Completion Guarantor, after the Repayment Date applicable to that Beneficiary that has monetized the Incentives, Completion Guarantor is solely entitled to any Excess Incentives until Completion Guarantor’s full recoupment of all Completion Sums. Producer shall promptly and directly pay, or cause any applicable third-party that shall receive Excess Incentives to promptly and directly pay, any such Excess Incentives to Completion Guarantor until Completion Guarantor’s full recoupment of all Completion Sums. Before Completion Guarantor recoups Completion Sums, Producer or its designee shall be entitled to recoup from Recoupment Proceeds the funds advanced by or on behalf of Producer (a) for any Enhancement provided Completion Guarantor or its designee shall have received the additional fee under Section 7.4 and (b) that would otherwise have been advanced as Completion Sums including any funds advanced under Section 14.4. Subject to the immediately preceding sentence and the extent of the Priority Liens, Producer shall pay or cause to be paid, and hereby assigns, to Completion Guarantor all of Producer’s Rights in and to Recoupment Proceeds until Completion Guarantor has fully recouped all Completion Sums.
Sample 1
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Related to R ecoupment

  • Recoupment DHA shall have the authority to suspend claims processing or seek recoupment of claims previously paid as specified under the provisions of the Federal Claims Collection Act (31 USC 3701 et seq.), the Federal Medical Care Recovery Act (42 USC 2651-2653), and 32 CFR 199.14. ARTICLE 14

  • Clawback (a) Where a sum is to be paid to the Agent under the Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

  • Recoupment of Wage and Benefit Overpayments (a) In the event that an employee receives wages or benefits from the Agency to which the employee is not entitled, regardless of whether the employee knew or should have known of the overpayment, the Agency shall notify the employee in writing of the overpayment which will include information supporting that an overpayment exists and the amount of wages and/or benefits to be repaid.

  • NO DISCRIMINATION/HARASSMENT 6.01 The Company and the Union agree that there shall be no discrimination, interference, restriction or coercion exercised or practised with respect to any employee by reason of age, marital status, sex, race, creed, colour, national origin, political or religious affiliation, handicap, sexual orientation nor by reason of Union membership or position in the Union. Prohibited grounds shall be interpreted in accordance with and subject to the provisions of the Human Rights Code.

  • Compliance with Contractor Employee Jury Service Ordinance Contractor shall comply with the County Ordinance with respect to provision of jury duty pay to employees and have and adhere to a written policy that provides that its employees shall receive from the Contractor, on an annual basis, no less than five days of regular pay for actual jury service in San Mateo County. The policy may provide that employees deposit any fees received for such jury service with the Contractor or that the Contractor deduct from the employees’ regular pay the fees received for jury service.

  • ' Compensation & Employer's Liability The Service Provider shall maintain during the life of this Agreement for all of the Service Provider's employees engaged in work performed under this agreement:

  • NO LEMON POLICY This Agreement provides that following the expiration of the term of the Covered Product’s manufacturer’s warranty, and subject to Our Limit of Liability, after three (3) service repairs have been completed for the Covered Product for the same problem, as determined in Our sole discretion, in lieu of performing a fourth (4th) repair on the Covered Product, We may replace it with a product of like kind or similar features, or issue a check to You in an amount not to exceed the remaining limit of liability as determined in accordance with the section titled “LIMIT OF LIABILITY.” If We replace the Covered Product, all Our obligations for the Covered Product under this Agreement terminate.

  • Intercarrier Compensation Except as specifically described in this Section, the Agreement does not change or amend applicable intercarrier compensation arrangements (including but not limited to Switched Access, Signaling, or Transit charges) between any parties, including between Qwest and Carriers or IXCs.

  • Benefits on Layoff (The following clause is applicable to full-time employees only) In the event of a lay-off of a full-time employee the Hospital shall pay its share of insured benefits premium up to three (3) months from the end of the month in which the lay-off occurs or until the laid off employee is employed elsewhere, whichever occurs first.

  • Union Policy Grievance or Employer Grievance A Union policy grievance or an Employer grievance may be submitted to the Employer or the Union, as the case may be, in writing, within ten (10) work days of the time circumstances upon which the grievance is based were known or should have been known by the griever. A meeting between the Employer and the Union shall be held within five (5) work days of the presentation of the written grievance and shall take place within the framework of Step 3 of Article 22.05

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