Recovery of Funds in Case of Irregularity or Fraud Sample Clauses

Recovery of Funds in Case of Irregularity or Fraud. Any proven irregularity25 or fraud26 discovered at any time during the implementation of the programme or as the result of an audit will lead to the recovery of funds by the Commission. If, after completing the necessary verifications, the Commission concludes that:
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Recovery of Funds in Case of Irregularity or Fraud. (1) Any proven case of irregularity or fraud discovered at any time during the implementation of assistance under IPA or as the result of an audit will lead to the recovery of the funds by the Commission from the Beneficiary.
Recovery of Funds in Case of Irregularity or Fraud. The provisions of Article 29 of the Framework Agreement shall apply mutatis mutandis to the programme and all operations, con- tracts and grants which receive Community funding under the pro- gramme covered by this Agreement Chapter XII MANAGEMENT AND CONTROL SYSTEMS
Recovery of Funds in Case of Irregularity or Fraud. 1. The NAO shall recover the Community contribution paid to the final beneficiaries from those who committed the irregularity, fraud or corruption or benefited from it, in accordance with Article 29(2) of the Framework Agreement.

Related to Recovery of Funds in Case of Irregularity or Fraud

  • Loss, Theft, Destruction or Mutilation of Warrant The Company covenants that upon receipt by the Company of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant or any stock certificate relating to the Warrant Shares, and in case of loss, theft or destruction, of indemnity or security reasonably satisfactory to it (which, in the case of the Warrant, shall not include the posting of any bond), and upon surrender and cancellation of such Warrant or stock certificate, if mutilated, the Company will make and deliver a new Warrant or stock certificate of like tenor and dated as of such cancellation, in lieu of such Warrant or stock certificate.

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