Common use of Recovery by KIC LE Clause in Contracts

Recovery by KIC LE. In the event the Recipient did not use the financial support from KIC LE for the purpose of the KAVA(s) or not in accordance with the terms and conditions of this Agreement or the General Project Terms, it is under the obligation to return the unused or unjustified amounts within 30 calendar days upon notification from the KIC LE. The KIC LE shall have the right to recover any undue financial support of KIC LE, if the eligibility rules of Article 6 of the GA are not complied with, or if the Recipient has not fulfilled all its other obligations pertaining to the implementation of EIT funded KAVAs under this Agreement.

Recovery by KIC LE. In the event the Recipient did not use the financial support from KIC LE for the purpose of the KAVA(s) Projects or not in accordance with the terms and conditions of this Agreement or the General Project TermsAgreement, it is under the obligation to return the unused or unjustified amounts within 30 calendar days upon notification from the KIC LE. The KIC LE shall have the right to recover any undue financial support of KIC LE, if the eligibility rules of Article 6 of the GA are not complied with, or if the Recipient has not fulfilled all its other obligations pertaining to the implementation of EIT funded KAVAs KAVA’s under this Agreement.

Recovery by KIC LE. In the event the Recipient did not use the financial support from KIC LE for the purpose of the KAVA(s) Projects or not in accordance with the terms and conditions of this Agreement or the General Project TermsEIT Digital Internal Agreement Financial Support, it is under the obligation to return the unused or unjustified amounts within 30 calendar days upon notification from the KIC LE. The KIC LE shall have the right to recover any undue financial support of KIC LE, if the eligibility rules of Article 6 of the GA are not complied with, or if the Recipient has not fulfilled all its other obligations pertaining to the implementation of EIT funded KAVAs KAVA’s under this Agreement.