Common use of REPAYMENT BY CONTRACTOR Clause in Contracts

REPAYMENT BY CONTRACTOR. 42.1. The Contractor undertakes to repay any amounts paid in excess of the final amount due to the Contracting Authority within 30 days of receiving a request to do so. Should the Contractor fail to make repayment within this time period, the Contracting Authority may, within two months of late payment, claim late-payment interests from the Contractor calculated in the same conditions as in article 43. 42.2. Amounts to be repaid to the Contracting Authority may be offset against amounts of any kind due to the Contractor.