Recoupment of Overpayments Sample Clauses

Recoupment of Overpayments. RPMG shall have the right to recoup the amount of any overpayments made by RPMG to Producer hereunder or with respect to any order made pursuant to this Agreement.
AutoNDA by SimpleDocs
Recoupment of Overpayments. Section 1.
Recoupment of Overpayments. (A) In the event an employee receives wages or benefits to which the employee is not entitled, regardless of whether the employee knew or should have known of the overpayment, the COUNTY will recover the overpayment as follows:
Recoupment of Overpayments. As a result of the uncertainty in the application of Section 280G of the Code at the time of the initial determination by the Account- ing Firm pursuant to Section 6(b) of this Agreement, it is possible that Agreement Payments will have been made by the Company which should not have been made ("Overpayment") or that additional Agreement Payments which have not been made by the Company could have been made ("Underpayment"), in each case, consistent with the calculations required to be made hereunder. In the event that the Accounting Firm determines that an Overpayment has been made, any such Overpayment shall be treated for all purposes as a loan to the Executive which the Executive shall repay to the Company together with inter- est at the applicable Federal rate provided for in Section 7872(f)(2) of the Code within 5 years of the effective date of the loan; provided, however, that no amount shall be payable by the Executive to the Company (or if paid by the Executive to the Company shall be returned to the Executive) if and to the extent such payment would not reduce the amount which is subject to taxation under Section 4999 of the Code. In the event that the Accounting Firm determines that an Underpayment has occurred, any such Underpayment shall be promptly paid by the Company to or for the benefit of the Executive together with interest at the applicable Federal rate provided for in Section 7872(f)(2) of the Code. In the event of either an Overpayment or Underpayment, the Executive will be provided copies of all calculations prior to the time any adjustment is to occur as provided under this Section 6.
Recoupment of Overpayments. The recovery techniques utilized by PCG and HMS shall be legally supportable. The recovery techniques shall follow the guidelines of all applicable State and CMS regulations and manuals and standards.
Recoupment of Overpayments. The Contractor must pay the Provider (except for relative care providers) based on an individual child’s authorization for enrollment, regardless of occasional child absences. The Provider acknowledges that the Contractor may reduce future payments or require repayment from a Provider when a prospective payment results in an overpayment for services that were terminated during the payment period. The Contractor may also reduce future payment or require repayment when all or a portion of a payment is determined to be improper.

Related to Recoupment of Overpayments

  • Overpayments Contractor promptly shall refund to Purchaser the full amount of any erroneous payment or overpayment. Such refunds shall occur within thirty (30) calendar days of written notice to Contractor; Provided, however, that Purchaser shall have the right to elect to have either direct payments or written credit memos issued. If Contractor fails to make timely refunds of overpayment(s) (either directly or by credit memo), Contractor shall pay Purchaser interest at the rate of one percent (1%) per month on the amount overdue thirty (30) calendar days after notice to Contractor.

  • 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.

  • 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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!