Common use of Refund of Overpayment Clause in Contracts

Refund of Overpayment. The Contractor further agrees and covenants to refund any and all additional monies due to the BOE within thirty (30) days of the final audit report, if the amount of each year's payment excess over allowable cost increase is greater than any payments due and owing for the balance of a given Extension Year, except where a refund is obtained from the bond herein described.

Appears in 2 contracts

Samples: Extension And (Atlantic Express Transportation Corp), Atlantic Express Transportation Corp

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Refund of Overpayment. The Contractor does hereby agree and warrant further agrees and covenants to refund any and all additional monies due to the BOE within thirty (30) days of the BOE’s final audit reportfindings regarding any given Cost Justification Financial Statement, if the amount of each a given extension year's ’s payment excess over allowable cost increase is greater than any payments due and owing for the balance of a given Extension Year, except where a refund is obtained from the bond herein describedextension year.

Appears in 1 contract

Samples: Atlantic Paratrans of Arizona, Inc.

Refund of Overpayment. The Contractor does hereby agree and warrant further agrees and covenants to refund any and all additional monies due to the BOE within thirty (30thirty(30) days of the BOE's final audit reportfindings regarding any given Cost Justification Financial Statement, if the amount of each a given extension year's payment excess over allowable cost increase is greater than any payments due and owing for the balance of a given Extension Year, except where a refund is obtained from the bond herein describedextension year.

Appears in 1 contract

Samples: Atlantic Express Transportation Corp

Refund of Overpayment. The Contractor does hereby agree and warrant further agrees and covenants to refund any and all additional monies due to the BOE within thirty (30) days of the BOE's final audit reportfindings regarding any given Cost Justification Financial Statement, if the amount of each a given extension year's payment excess over allowable cost increase is greater than any payments due and owing for the balance of a given Extension Year, except where a refund is obtained from the bond herein describedextension year.

Appears in 1 contract

Samples: Atlantic Express Transportation Corp

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Refund of Overpayment. The Contractor does hereby agree and warrant further agrees and covenants to refund any and all additional monies due to the BOE within thirty (30) days of the BOE’s final audit reportfindings regarding any given Cost Justification Financial Statement, if the amount of each a given extension year's ’s payment excess over allowable cost increase is greater than any payments due and owing for the balance of a given Extension Year, except where a refund is obtained from the bond herein describedextension year.

Appears in 1 contract

Samples: Extension and Eleventh Amendment Agreement (Atlantic Paratrans of Arizona, Inc.)

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