Recoupment of Payment Sample Clauses

Recoupment of Payment. In addition to the provisions provided herein, in the event the State of Alabama is required to repay ARPA funds delegated to the Department as a result of the Subrecipient’s noncompliance with the terms and conditions of this Agreement or any applicable law, regulation, or guidance governing the expenditure of funds distributed from the ARPA, the Department shall have the right to recoup such repayments from the Subrecipient in the amount attributable to the Subrecipient’s noncompliance without offset. To the extent permitted by law, the Department shall provide the Subrecipient with written notice of such noncompliance and allow the Subrecipient fifteen (15) calendar days to correct or otherwise cure such noncompliance before seeking recoupment. Any dispute regarding recoupment of payment made under this Agreement shall be subject to the provisions of Section 15 (Immunity and Dispute Resolution) or such other procedures as the parties may mutually agree to in writing or as established by law. The Department reserves all rights under federal and state law regarding the recoupment of payment made under this Agreement, and the waiver or failure of the Department to exercise any right of recoupment in any respect provided for in this Agreement shall not be deemed a waiver of any further right under this Agreement or a waiver of the ability to exercise the same right on a different occasion. Nothing in this Agreement shall limit the authority of the Treasury or the Department to enforce conditions, address violations, or take enforcement action for noncompliance, including, to the extent applicable, the remedies prescribed in 2 C.F.R. §§ 200.208, 200.339, 200.345.
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Recoupment of Payment. If the Participant violates the share retention requirements of Section 4(b) after having received a payment under this Performance Grant but before the Share Retention Period has ended, the Participant shall return the full amount of the payment to the Company.
Recoupment of Payment. 25.1 If the Employer identifies an overpayment of wages to an employee, the affected employee shall be notified in writing within 7 business days of the overpayment discovery. The notice shall include the specific details of the overpayment, the amount overpaid, and the reasons for the overpayment. The Employer shall seek the written consent of the affected employee to recoup the overpaid wages. The written consent shall outline the proposed recoupment schedule and provide the employee with an opportunity to request modifications to the schedule. If the employee does not consent to the proposed recoupment schedule, the Employer and the affected employee shall engage in good-faith negotiations to agree upon an alternative recoupment schedule. Both parties shall make reasonable efforts to reach a mutually acceptable arrangement within 14 business days.

Related to Recoupment of Payment

  • Termination of Payments Notwithstanding section 2.2, no payments shall be due to Purchaser xXxx Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

  • Timing of Payments All payments of Expenses (including without limitation Expense Advances) by the Company to the Indemnitee pursuant to this Agreement shall be made to the fullest extent permitted by law as soon as practicable after written demand by Indemnitee therefor is presented to the Company, but in no event later than thirty (30) business days after such written demand by Indemnitee is presented to the Company, except in the case of Expense Advances, which shall be made no later than ten (10) business days after such written demand by Indemnitee is presented to the Company.

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