Common use of RECOVERY OF UNDUE AMOUNTS Clause in Contracts

RECOVERY OF UNDUE AMOUNTS. 44.1 Amount to be recovered — Calculation — Procedure 44.1.1 Recovery after termination of a beneficiary’s participation 44.1.2 Recovery at payment of the balance (a) by offsetting it — without the coordinator’s consent — against any amounts owed to the coordinator by the Agency, the Commission or another executive agency (from the EU or Euratom budget). In exceptional circumstances, to safeguard the EU’s financial interests, the Agency may offset before the payment date specified in the debit note;

Appears in 4 contracts

Samples: Multi Beneficiary Model Grant Agreement, H2020 Model Grant Agreement for Sme Instrument Phase 1, Multi Beneficiary General Model Grant Agreement

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RECOVERY OF UNDUE AMOUNTS. 44.1 Amount to be recovered — Calculation — Procedure 44.1.1 Recovery after termination of a beneficiary’s participation 44.1.2 Recovery at payment of the balance (a) by offsetting it — without the coordinator’s consent — against any amounts owed to the coordinator by the Agency, the Commission or another executive agency (from the EU or Euratom budget). In exceptional circumstances, to safeguard the EU’s financial interests, the Agency or the Commission may offset before the payment date specified in the debit note;

Appears in 2 contracts

Samples: Multi Beneficiary Model Grant Agreement, Multi Beneficiary Model Grant Agreement

RECOVERY OF UNDUE AMOUNTS. 44.1 Amount to be recovered — Calculation — Procedure 44.1.1 Recovery after termination of a beneficiary’s participation 44.1.2 Recovery at payment of the balance (a) by offsetting it — without the coordinatorbeneficiary’s consent — against any amounts owed to the coordinator beneficiary by the Agency, the Commission or another executive agency (from the EU or Euratom budget). In exceptional circumstances, to safeguard the EU’s financial interests, the Agency may offset before the payment date specified in the debit note;

Appears in 2 contracts

Samples: H2020 Erc Model Grant Agreement, Model Grant Agreement for Erc Low Value Grants

RECOVERY OF UNDUE AMOUNTS. 44.1 Amount to be recovered — Calculation — Procedure 44.1.1 Recovery after termination of a beneficiary’s participation 44.1.2 Recovery at payment of the balance (a) by offsetting it — without the coordinatorbeneficiary’s consent — against any amounts owed to the coordinator beneficiary by the Agency, the Commission or another executive agency (from the EU or Euratom budget). In exceptional circumstances, to safeguard the EU’s financial interests, the Agency or the Commission may offset before the payment date specified in the debit note;

Appears in 1 contract

Samples: Model Grant Agreement

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RECOVERY OF UNDUE AMOUNTS. 44.1 Amount to be recovered — Calculation — Procedure 44.1.1 Recovery after termination of a beneficiary’s participation 44.1.2 Recovery at payment of the balance (a) by offsetting ‘offsetting’ it — without the coordinatorbeneficiary’s consent — against any amounts owed to the coordinator beneficiary by the Agency, the Commission or another executive agency (from the EU or Euratom budget). In exceptional circumstances, to safeguard the EU’s financial interests, the Agency may offset before the payment date specified in the debit note;

Appears in 1 contract

Samples: Grant Agreement

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