RECOVERY OF UNDUE AMOUNTS Sample Clauses

RECOVERY OF UNDUE AMOUNTS. 44.1 Amount to be recovered — Calculation — Procedure The Agency will — at the payment of the balance or afterwards — claim back any amount that was paid, but is not due under the Agreement.
AutoNDA by SimpleDocs
RECOVERY OF UNDUE AMOUNTS. 1. The contracting party may recover any amount that was paid but was not due under the Contract.
RECOVERY OF UNDUE AMOUNTS. 15.1 The contractor may recover any amount that was paid to the expert but is not due under the Contract.
RECOVERY OF UNDUE AMOUNTS. 1. The contracting authority may recover any amount that was paid but was not due under the Contract.
RECOVERY OF UNDUE AMOUNTS. 1. EFSA may recover any amount that was paid but was not due under the Contract.
RECOVERY OF UNDUE AMOUNTS. EFCA may recover any amount that was paid but was not due under the Contract. EFCA must formally notify the expert of its intention, include the reasons why and invite him/her to submit any observations within 30 days of receiving notification. If EFCA does not accept these observations, it will confirm recovery by formally notifying a ‘debit note’ that specifies the payment terms and date. The expert must repay the amount specified in the debit note to EFCA. If the expert does not repay the requested amount by the date specified in the debit note, late-payment interest will be added to the amount to be recovered. The interest rate used will be the same as the rate applied by the European Central Bank (ECB) for its main refinancing operations in euros (‘reference rate’), plus three and a half points. The reference rate is the rate in force on the first day of the month in which the payment deadline specified in the debit note expires, as published in the C series of the Official Journal of the European Union. If the expert does not repay the requested amount by the date specified in the debit note, EFCA may recover the amounts due by offsetting them against any amounts owed to the expert by EFCA without the expert's consent.
RECOVERY OF UNDUE AMOUNTS. 17.1 The Agency may recover any amount that was paid but was not due under the Contract.
AutoNDA by SimpleDocs
RECOVERY OF UNDUE AMOUNTS. 23.1 Amount to be recovered — Calculation — Procedure The Agency will — at the payment of the balance or afterwards — claim back any amount that was paid but is not due for the specific grant under the Framework Partnership Agreement and the Specific Agreement. The coordinator is fully liable for repaying debts of the consortium (under the Agreement) even if it has not been the final recipient of those amounts. In addition, the partners (including the coordinator) are jointly and severally liable for repaying any unpaid debts under the Agreement (due by the consortium or any partner, including late-payment interest) — up to the maximum EU contribution indicated, for each partner, in the estimated budget (as last amended; see Annex 2).
RECOVERY OF UNDUE AMOUNTS. 44.1 Amount to be recovered — Calculation — Procedure The [Commission][Agency] will — after termination of the participation of a beneficiary, at the payment of the balance or afterwards — recover claim back any amount that was paid, but is not due under the Agreement. Each beneficiary’s financial responsibility in case of recovery is limited to its own debt [OPTION if Article 14 applies: (including undue amounts paid by the [Commission][Agency] for costs declared by its linked third parties)], except for the amount retained for the Guarantee Fund (see Article 21.4).
RECOVERY OF UNDUE AMOUNTS. 1. The contracting party may recover any amount that was paid but was not due under the Contract. The contracting party must formally notify the expert of its intention, include the reasons why and invite him/her to submit any observations within 30 days of receiving notification. If the contracting party does not accept these observations, it will confirm recovery by formally notifying a 'debit note' that specifies the payment terms and date.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!