Common use of Recoveries Clause in Contracts

Recoveries. Should the MA, in accordance with the provisions of the respective articles of the subsidy contract, demand repayment of programme co-financing already transferred, each PP must transfer to the LP or relevant programme body any amounts paid to them in excess, according to the rules and timeframe as set out by the programme in the programme manual and recovery documents. In such cases, the LP must immediately forward to the PPs the recovery documents received from the MA/JS and notify every PP of the amount repayable. If the recovery concerns the LP alone, then the LP must not stop payments to the other PPs.

Recoveries. Should the MA, in accordance with the provisions of the respective articles of the subsidy contract, demand repayment of programme co-financing already transferred, each PP must transfer to the LP or relevant programme body any amounts paid to them in excess, according to the rules and timeframe as set out by the programme in the programme manual and recovery documents. In such cases, the LP must immediately forward to the PPs the recovery documents received from the MA/JS and notify every PP of the amount repayable. If the recovery concerns the LP alone, then the LP must not stop payments to the other PPs.

Recoveries. Should the MA, in accordance with the provisions of the respective articles of the subsidy co-financing contract, demand repayment of programme co-financing funds already transferred, each PP must transfer to the LP or relevant programme body any amounts paid to them in excess, according to the rules and timeframe as set out by the programme in the programme manual and recovery documents. In such cases, the LP must immediately forward to the PPs the recovery documents received from the MA/JS , by which the MA has asserted the repayment claim, and notify every PP of the amount repayable. If the recovery concerns the LP alone, then the LP must not stop payments to the other PPs.

Recoveries. Should the MA, in accordance with the provisions of the respective articles of the subsidy contractSC, demand repayment of programme co-financing Programme funds already transferred, each PP must transfer to the LP or relevant programme body any amounts paid to them in excess, according to the rules and timeframe as set out by the programme Programme in the programme manual PM, the SC and recovery documents. In such cases, the LP must immediately forward to the PPs the recovery documents received from the MA/JS , by which the MA has asserted the repayment claim, and notify every PP of the amount repayable. If the recovery concerns the LP alone, then the LP must not stop payments to the other PPs.

Recoveries. Should the MA, in accordance with the provisions of the respective articles of the subsidy contract, Grant Letter demand repayment of programme co-financing funds already transferred, each PP must transfer to the LP or relevant programme body any amounts paid to them in excess, according to the rules and timeframe as set out by the programme in the programme manual and recovery documents. In such cases, the LP must immediately forward to the PPs the recovery documents received from the MA/JS , by which the MA has asserted the repayment claim, and notify every PP of the amount repayable. If the recovery concerns the LP alone, then the LP must not stop payments to the other PPs.