Common use of Refunds and Deductions Clause in Contracts

Refunds and Deductions. If the OAG determines that GRANTEE has been overpaid grant funds under this contract, such as payments made inadvertently or payments made but later determined not to be actual and allowable allocable costs, GRANTEE shall promptly refund that amount identified by the OAG as an overpayment. The OAG, in its sole discretion, may offset and deduct the amount of the overpayment from any amount owed to GRANTEE as a reimbursement, or may choose to require a payment directly from GRANTEE rather than offset and deduct any amount. GRANTEE shall refund any overpayment to the OAG within thirty (30) calendar days of the receipt of the notice of the overpayment from the OAG unless an alternate payment plan is specified by the OAG.

Refunds and Deductions. If the OAG determines that GRANTEE has been overpaid grant funds under this contractContract, such as payments made inadvertently or payments made but later determined to not to be actual and allowable allocable costs, GRANTEE shall promptly refund that amount of the OAG reimbursement identified by the OAG as an overpayment. The OAG, OAG in its sole discretion, discretion may offset and deduct the amount of the overpayment from any amount owed to GRANTEE as a reimbursement, or . The OAG may choose to require a payment directly from GRANTEE rather than offset and deduct any amount. GRANTEE shall refund any overpayment to the OAG within thirty (30) calendar days of the receipt of the notice of the overpayment from the OAG unless an alternate payment plan is specified by the OAG.

Refunds and Deductions. If the OAG determines that GRANTEE has been overpaid grant funds under this contract, such as payments made inadvertently or payments made but later determined to not to be actual and allowable allocable costs, GRANTEE shall promptly refund that amount of the OAG reimbursement identified by the OAG as an overpayment. The OAG, in its sole discretion, OAG may offset and deduct the amount of the overpayment from any amount owed to GRANTEE as a reimbursement, or . The OAG may choose to require a payment directly from GRANTEE rather than offset and deduct any a specified amount. GRANTEE shall refund any overpayment to the OAG within thirty (30) calendar days of the receipt of the notice of the overpayment from the OAG unless an alternate payment plan is specified by the OAG.