RECOVERY OF SUMS. If the Indemnifier pays to the Beneficiary an amount in respect of an indemnity and the Beneficiary subsequently recovers (whether by payment, discount, credit, saving, relief or other benefit or otherwise) a sum which is directly referable to the fact, matter, event or circumstances giving rise to the Claim, the Beneficiary shall forthwith repay to the Indemnifier whichever the lesser is of: an amount equal to the sum recovered (or the value of the discount, credit, saving, relief, other benefit or amount otherwise obtained) less any out-of-pocket costs and expenses properly incurred by the Beneficiary in recovering or obtaining the same; and the amount paid to the Beneficiary by the Indemnifier in respect of the Claim under the relevant indemnity.
RECOVERY OF SUMS. If the Indemnifier pays to the Beneficiary an amount in respect of an indemnity and the Beneficiary subsequently recovers (whether by payment, discount, credit, saving, relief or other benefit or otherwise) a sum which is directly referable to the fact, matter, event or circumstances giving rise to the Claim, the Beneficiary shall forthwith repay to the Indemnifier whichever is the lesser of: an amount equal to the sum recovered (or the value of the discount, credit, saving, relief, other benefit or amount otherwise obtained) less any out-of-pocket costs and expenses properly incurred by the Beneficiary in recovering or obtaining the same; and the amount paid to the Beneficiary by the Indemnifier in respect of the Claim under the relevant indemnity, provided that there shall be no obligation on the Beneficiary to pursue such recovery and that the Indemnifier is repaid only to the extent that the amount of such recovery aggregated with any sum recovered from the Indemnifier exceeds any loss sustained by the Beneficiary (including for this purpose any indirect Losses sustained by the Beneficiary which may be excluded by this Agreement from being recovered from the Indemnifier).
RECOVERY OF SUMS. 1Any overpayment by either Party, whether of the Contract Price or of VAT or otherwise, is a sum of money recoverable by the Party who made the overpayment from the Party in receipt of the overpayment.
RECOVERY OF SUMS. Required To Be Paid. 39 Section 11.6 Examination of Books and Records. 39 Section 11.7
RECOVERY OF SUMS. 5.1 Any overpayment by either Party, whether of the Contract Price or of VAT or otherwise, is a sum of money recoverable by the Party who made the overpayment from the Party in receipt of the overpayment.
5.2 All payments due must be made within a reasonable time, in cleared funds, to such bank or building society account as the recipient Party may from time to time direct.
RECOVERY OF SUMS. If any sum of money shall at any time have been, or becomes, recoverable from, or payable by the Supplier to the Council (including any sum which the Supplier is liable to pay to the Council in respect of any breach of the Contract), the Council is entitled to deduct that money from any moneys due under this Contract or any other contract between the Council and the Supplier, irrespective of when such money shall have been or becomes payable or recoverable.
RECOVERY OF SUMS. Required To Be Paid........................... 9 20. Actions, Cases and Proceedings................................. 9
RECOVERY OF SUMS. 6.16.1 If any amount paid out of the Clearing Guarantee Fund pursuant to Rule 6.12 is subsequently recovered by the Clearing House in whole or in part, the Clearing House shall, in the absence of any obligation of the Clearing House to deal with the amounts so recovered in any other way, credit the amount so received to the Clearing Guarantee Fund (and where Contributions by Trading Clearing Participants were used, the amount so received shall be credited to their Contributions in the appropriate manner, having regard to Rule 6.13).
6.16.2 For the avoidance of doubt, a defaulting Trading Clearing Participant shall be liable to reimburse the Clearing House in full for any amount paid out of the Clearing Guarantee Fund as a result of its default.
RECOVERY OF SUMS. 39.1 If any sum of money shall at any time have been, or becomes, recoverable from, or payable by CCC to PCC, PCC is entitled to deduct that money from any moneys due under this Agreement or any other contract between PCC and CCC, irrespective of when such money shall have been or becomes payable or recoverable.
RECOVERY OF SUMS. 26.1. If any sum of money shall at any time have been, or becomes, recoverable from, or payable by the Contractor to the Council, the Council is entitled to deduct that money from any moneys due under this Agreement or any other contract between the Council and the Contractor, irrespective of when such money shall have been or becomes payable or recoverable.
