Recoupment Refunds Sample Clauses

Recoupment Refunds. In the event that Seller pays to Buyer or any ------------------ provider under any Reimbursement Program any amounts as indemnification for offsets or recoupments and a reduction or withdrawal of any such offset or recoupment claim or credit to Buyer on account of such paid claim later takes place, Buyer will immediately refund to Seller an amount equal to any amounts paid by Seller as indemnification to the extent of any refund, credit or other benefit obtained by Buyer as a result of such reduction or withdrawal of such offset or recoupment claim. Buyer shall provide prompt notice to Seller of any such reductions or withdrawals of or credits on account of offsets or recoupment claims and, on request of Seller, shall provide to Seller from time to time a report in reasonable detail concerning the status of all offsets and recoupment claims and any subsequent credits, withdrawals, reductions or other benefits which Buyer may have received relating to such claims.
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Recoupment Refunds. 59 9.08 Notices of Intent; Waiting Periods, Etc.................... 60 9.09
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Related to Recoupment Refunds

  • Set-off and Recoupment The cash, investment property, security, instrument or other financial assets credited to a Collateral Account will not be subject to deduction, set-off, recoupment, banker’s lien, or other right in favor of a Person other than the Secured Party. However, the Financial Institution may set off (a) the customary fees and expenses for the routine maintenance and operation of the Collateral Account due to the Financial Institution, (b) the face amount of checks credited to the Collateral Account but subsequently returned unpaid due to uncollected or insufficient funds and (c) advances made to settle an investment of funds in the Collateral Account.

  • 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

  • Rebates, Credits and Refunds The HSP: (a) acknowledges that rebates, credits and refunds it anticipates receiving from the use of the Funding have been incorporated in its Budget; (b) agrees that it will advise the Funder if it receives any unanticipated rebates, credits and refunds from the use of the Funding, or from the use of funding received from either the Funder or the Ministry in years prior to this Agreement that was not recorded in the year of the related expenditure; and (c) agrees that all rebates, credits and refunds referred to in (b) will be considered Funding in the year that the rebates, credits and refunds are received, regardless of the year to which the rebates, credits and refunds relate.

  • Offset Whenever the Company is to pay any sum to any Member, any amounts that Member owes the Company may be deducted from that sum before payment.

  • Clawback/Recoupment Notwithstanding any other provision in this Agreement to the contrary, any compensation paid to Executive pursuant to this Agreement or any other agreement or arrangement with the Company shall be subject to mandatory repayment by Executive to the Company to the extent any such compensation paid to Executive is, or in the future becomes, subject to (i) any “clawback” or recoupment policy applicable to Executive that is adopted to comply with any applicable law, rule or regulation (including stock exchange rule), or (ii) any law, rule or regulation (including stock exchange rule) which imposes mandatory recoupment, under circumstances set forth in such law, rule or regulation.