Common use of Reduction And Recovery Of Grant Clause in Contracts

Reduction And Recovery Of Grant. It is the Authority’s intention that the Grant will be paid to the Grant Recipient in full and in accordance with Annex 3 (Payment Schedule) of this Agreement. Without prejudice to the Authority's other rights and remedies, the Authority may withhold or suspend payment of the Grant and/or require the Grant Recipient to repay any Unspent Monies if any of the events set out in clause 7.7 and clause 12 arise. If the Grant Recipient fails to comply with any of the Terms and Conditions of this Agreement the Authority may require that all or part of the Grant be repaid. The Grant Recipient may not retain any portion of the Grant that has not been used by the end of the Funding Period without the Authority’s written permission. Where all or a proportion of the Grant remains unspent before the final instalment is paid or as a result of termination or breach of this Agreement the Unspent Monies, as calculated by the Authority, must be repaid to the Authority within 30 days of a request for repayment. If any amount repayable in accordance with clause 7.5 is not repaid within 30 days of a request for repayment, the Authority reserves the right to unilaterally deduct that amount from the final instalment and/or other sum which is due or which may later become due under this Agreement. If the Grant Recipient is wound up or goes into liquidation, administration, receivership or bankruptcy, or enters into any compromise or other arrangement of its debts with its creditors, the Authority will be entitled to recover any grant money that has not been spent and/or may withhold any further payments. If any of the money is held by the Grant Recipient’s contractors, the Grant Recipient must attempt to recover those sums from its contractors.

Reduction And Recovery Of Grant. 9.1. It is the Authority’s intention that the Grant will be paid to the Grant Recipient in full and in accordance with Annex 3 2 (Payment ScheduleProject Quarterly Work Plan) of this Agreement. 9.2. Without prejudice to the Authority's other rights and remedies, the Authority may withhold or suspend payment of the Grant and/or require the Grant Recipient to repay any Unspent Monies if any of the events set out in clause 7.7 9.7 and clause 12 14 arise. 9.3. If the Grant Recipient fails to comply with any of the Terms and Conditions of this Agreement the Authority may require that all or part of the Grant be repaid. 9.4. The Grant Recipient may not retain any portion of the Grant that has not been used by the end of the Financial Year in the Funding Period without the Authority’s written permissionpermission and must repay such Unspent Monies to the Authority within 30 Working Days of a request for repayment. 9.5. Where all or a proportion of the Grant remains unspent before the final instalment is paid or as a result of termination or breach of this Agreement the Unspent Moniessuch unspent monies, as calculated by the Authority, must be repaid to the Authority within 30 days Working Days of a request for repayment. 9.6. If any amount repayable in accordance with clause 7.5 clauses 9.4 and/or 9.5 is not repaid within 30 days Working Days of a request for repayment, the Authority reserves the right to unilaterally deduct that amount from the final instalment and/or any other sum which is due or which may later become due under this Agreement. 9.7. If the Grant Recipient is wound up or goes into liquidation, administration, receivership or bankruptcybankruptcy (or any similar procedure in the Grant Recipient’s domestic law), or enters into any compromise or other arrangement of its debts with its creditors, the Authority will be entitled to recover any grant Grant money that has not been spent and/or may withhold any further payments. If any of the money is held by the Grant Recipient’s contractorsDownstream Partners, the Grant Recipient must attempt to recover those sums from its contractorsDownstream Partners.

Reduction And Recovery Of Grant. It is the Authority’s intention that the Grant will be paid to the Grant Recipient in full and in accordance with Annex 3 (Payment Schedule) of this Agreement. 7.1 Without prejudice to the Authority's other rights and remedies, the Authority may withhold or suspend payment of any grant funding due to the Grant Grantee and/or require the Grant Recipient Grantee to repay any Unspent Monies if any of the events set out in clause 7.7 7.5 and clause 12 18 arise. . 7.2 If the Grant Recipient Grantee fails to comply with any of the Terms and Conditions terms of this Agreement the Authority may require that all or part of the Grant grant funding be repaid. . 7.3 The Grant Recipient Grantee may not retain any portion of the Grant that has not been used by the end of the Financial Year in the Funding Period without the Authority’s written permission. . 7.4 Where all or a proportion of the Grant Funding remains unspent before at the final instalment is paid or end of the Financial Year, including as a result of termination or breach of this Agreement Agreement, all or a proportion of the Unspent Monies, as calculated by the Authority, must be repaid to the Authority within 30 thirty (30) working days of a from the date on which the request for repayment. If any amount repayable payment is sent and must not be carried forward for use in accordance with clause the following Financial Year. 7.5 is not repaid within 30 days of a request for repayment, the Authority reserves the right to unilaterally deduct that amount from the final instalment and/or other sum which is due or which may later become due under this Agreement. If the Grant Recipient Grantee is wound up or goes into liquidation, administration, receivership or bankruptcy, or enters into any compromise or other arrangement of its debts with its creditors, the Authority will be entitled to recover any grant money that has not been spent and/or may withhold any further payments. If any of the money is held by the Grant Recipient’s Grantee contractors, the Grant Recipient Grantee must attempt to recover those sums from its contractors. 7.6 If the Authority makes an overpayment to the Grantee, it will seek recovery of all sums overpaid. The Grantee will repay any overpayment to the Authority within thirty

Reduction And Recovery Of Grant. 9.1. It is the Authority’s intention that the Grant will be paid to the Grant Recipient in full and in accordance with Annex 3 X (Payment ScheduleThe Description of Funded Activities) and Annex X (Project Budget, Workplan and Results Monitoring Plan) of this Agreement. 9.2. Without prejudice to the Authority's other rights and remedies, the Authority may withhold or suspend payment of the Grant and/or require the Grant Recipient to repay any Unspent Monies if any of the events set out in clause 7.7 9.7 and clause 12 14 arise. 9.3. If the Grant Recipient fails to comply with any of the Terms and Conditions of this Agreement the Authority may require that all or part of the Grant be repaid. 9.4. The Grant Recipient may not retain any portion of the Grant that has not been used by the end of the Financial Year in the Funding Period without the Authority’s written permissionpermission and must repay such Unspent Monies to the Authority within 30 Working Days of a request for repayment. 9.5. Where all or a proportion of the Grant remains unspent before the final instalment is paid or as a result of termination or breach of this Agreement the Unspent Moniessuch unspent monies, as calculated by the Authority, must be repaid to the Authority within 30 days Working Days of a request for repayment. 9.6. If any amount repayable in accordance with clause 7.5 clauses 9.4 and/or 9.5 is not repaid within 30 days Working Days of a request for repayment, the Authority reserves the right to unilaterally deduct that amount from the final instalment and/or any other sum which is due or which may later become due under this Agreement. 9.7. If the Grant Recipient is wound up or goes into liquidation, administration, receivership or bankruptcybankruptcy (or any similar procedure in the Grant Recipient’s domestic law), or enters into any compromise or other arrangement of its debts with its creditors, the Authority will be entitled to recover any grant Grant money that has not been spent and/or may withhold any further payments. If any of the money is held by the Grant Recipient’s contractorsDownstream Partners, the Grant Recipient must attempt to recover those sums from its contractorsDownstream Partners.

Reduction And Recovery Of Grant. 9.1. It is the Authority’s intention that the Grant will be paid to the Grant Recipient in full and in accordance with Annex 3 X (Payment ScheduleThe Description of Funded Activities) and Annex X (Project Budget, W orkplan and Results Monitoring Plan) of this Agreement. 9.2. Without prejudice to the Authority's other rights and remedies, the Authority may withhold or suspend payment of the Grant and/or require the Grant Recipient to repay any Unspent Monies if any of the events set out in clause 7.7 9.7 and clause 12 14 arise. 9.3. If the Grant Recipient fails to comply with any of the Terms and Conditions of this Agreement the Authority may require that all or part of the Grant be repaid. 9.4. The Grant Recipient may not retain any portion of the Grant that has not been used by the end of the Financial Year in the Funding Period without the Authority’s written permissionpermission and must repay such Unspent Monies to the Authority within 30 Working Days of a request for repayment. 9.5. Where all or a proportion of the Grant remains unspent before the final instalment is paid or as a result of termination or breach of this Agreement the Unspent Moniessuch unspent monies, as calculated by the Authority, must be repaid to the Authority within 30 days Working Days of a request for repayment. 9.6. If any amount repayable in accordance with clause 7.5 clauses 9.4 and/or 9.5 is not repaid within 30 days Working Days of a request for repayment, the Authority reserves the right to unilaterally deduct that amount from the final instalment and/or any other sum which is due or which may later become due under this Agreement. 9.7. If the Grant Recipient is wound up or goes into liquidation, administration, receivership or bankruptcybankruptcy (or any similar procedure in the Grant Recipient’s domestic law), or enters into any compromise or other arrangement of its debts with its creditors, the Authority will be entitled to recover any grant Grant money that has not been spent and/or may withhold any further payments. If any of the money is held by the Grant Recipient’s contractorsDownstream Partners, the Grant Recipient must attempt to recover those sums from its contractorsDownstream Partners.

Reduction And Recovery Of Grant. It is the Authority’s intention that the Grant will be paid to the Grant Recipient in full and in accordance with Annex 3 (Payment Schedule) of this Agreement. Without prejudice to the Authority's other rights and remedies, the Authority may withhold or suspend payment of any grant funding due to the Grant Grantee and/or require the Grant Recipient Grantee to repay any Unspent Monies if any of the events set out in clause 7.7 7.5 and clause 12 18 arise. If the Grant Recipient Grantee fails to comply with any of the Terms and Conditions terms of this Agreement the Authority may require that all or part of the Grant grant funding be repaid. The Grant Recipient Grantee may not retain any portion of the Grant that has not been used by the end of the Financial Year in the Funding Period without the Authority’s written permission. Where all or a proportion of the Grant Funding remains unspent before at the final instalment is paid or end of the Financial Year, including as a result of termination or breach of this Agreement Agreement, all or a proportion of the Unspent Monies, as calculated by the Authority, must be repaid to the Authority within 30 thirty (30) working days of a from the date on which the request for repayment. If any amount repayable payment is sent and must not be carried forward for use in accordance with clause 7.5 is not repaid within 30 days of a request for repayment, the Authority reserves the right to unilaterally deduct that amount from the final instalment and/or other sum which is due or which may later become due under this Agreementfollowing Financial Year. If the Grant Recipient Grantee is wound up or goes into liquidation, administration, receivership or bankruptcy, or enters into any compromise or other arrangement of its debts with its creditors, the Authority will be entitled to recover any grant money that has not been spent and/or may withhold any further payments. If any of the money is held by the Grant Recipient’s Grantee contractors, the Grant Recipient Grantee must attempt to recover those sums from its contractors. If the Authority makes an overpayment to the Grantee, it will seek recovery of all sums overpaid. The Grantee will repay any overpayment to the Authority within thirty (30) calendar days of receiving a written request from the Authority to make a repayment. If there is a dispute between the Parties about the overpayment, repayment will not be made until the dispute has been resolved.