Request for recovery Sample Clauses

Request for recovery. 1. At the request of the applicant authority, the requested authority shall recover claims which are the subject of an instrument permitting enforcement in the state of the applicant authority. 2. As soon as any relevant information relating to the matter which gave rise to the request for recovery comes to the knowledge of the applicant authority, it shall forward it to the requested authority.
Sample 1
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Request for recovery. (1) At the request of the applicant party, the requested party shall recover claims that are the subject of an instrument permitting enforcement issued by the applicant party to the extent permitted by and in accordance with the laws and administrative practices in force in the State of the requested party. (2) The applicant party may only make a request for recovery if: (a) it also provides to the requested party an official or certified copy of the instrument permitting enforcement of the claim in the State of the applicant party; (b) the claim or instrument permitting its enforcement are not contested in its own State; (c) it has, in its own State, applied appropriate recovery procedures available to it on the basis of the instrument referred to in paragraph 1, and the measures taken will not result in the payment in full of the claim; (d) the period of limitation according to its own legislation has not expired. (3) The request for recovery shall indicate: (a) the name, address and any other relevant information relating to the identification of the natural or legal person concerned or to the identification of any third party holding that person’s assets; (b) the name, address and any other relevant information relating to the identification of the applicant party; (c) a reference to the instrument permitting its enforcement, issued in the State of the applicant party; (d) the nature and amount of the claim, including the principal, interest, fines, administrative penalties and all other charges and costs due indicated in the currencies of the State(s) of the applicant and requested parties; (e) the date of notification of the instrument to the addressee by the applicant party or by the requested party; (f) the date from which and the period during which enforcement is possible under the laws in force in the State of the applicant party; (g) any other relevant information. (4) The request for recovery shall also contain a declaration by the applicant party confirming that the conditions laid down in paragraph 2 have been fulfilled. (5) The applicant party shall forward to the requested party any relevant information relating to the matter which gave rise to the request for recovery, as soon as this comes to its knowledge.
Sample 1Sample 2
Request for recovery. (1) At the request of Party A, Party B shall recover claims that are the subject of an instrument permitting enforcement issued by Party A to the extent permitted by and in accordance with the laws in force in Party B. (2) Party A may only make a request for recovery if: (a) it also provides to Party B an official or certified copy of the instrument permitting enforcement of the claim in Party A; (b) the claim and/or instrument permitting its enforcement are not disputed in that Party; (c) it has, in that Party, applied appropriate recovery procedures available to it on the basis of the instrument permitting enforcement, and the measures taken will not result in the payment in full of the claim; (d) the period of limitation according to the laws in force in Party A has not expired.
Sample 1
Request for recovery. 1. At the request of Party A, Party B shall recover claims that are the subject of an instrument permitting enforcement issued by Party A to the extent permitted by and in accordance with the laws in force in Party B. 2. Party A may only make a request for recovery if: a) It also provides to Party B an official or certified copy of the instrument permitting enforcement of the claim in Party A; b) the claim and/or instrument permitting its enforcement are not disputed in that Party;
Sample 1

Related to Request for recovery

  • Process for Recovery of Funding If the Funder, acting reasonably, determines that a recovery of Funding under section 5.1 is appropriate, then the Funder will give 30 Days’ Notice to the HSP. The Notice will describe: the amount of the proposed recovery; the term of the recovery, if not permanent; the proposed timing of the recovery;‌ the reasons for the recovery; and the amendments, if any, that the Funder proposes be made to the HSP’s obligations under this Agreement. Where the HSP disputes any matter set out in the Notice, the parties will discuss the circumstances that resulted in the Notice and the HSP may make representations to the Funder about the matters set out in the Notice within 14 Days of receiving the Notice. The Funder will consider the representations made by the HSP and will advise the HSP of its decision. Funding recoveries, if any, will occur in accordance with the timing set out in the Funder’s decision. No recovery of Funding will be implemented earlier than 30 Days after the delivery of the Notice.

  • Request for Payment Payment to the Grantee shall be due 30 calendar days following receipt by the City of the Grantee’s fully and accurately completed payment request, using the City’s contract management system. The payment request must be submitted to the City no later than 11:59 p.m. Central Standard Time 25 calendar days following the end of the month covered by the payment request. If the 25th calendar day falls on a weekend or holiday, as outlined in Section 8.24, the deadline to submit the payment request is extended to no later than 11:59 p.m. Central Standard Time of the 1st weekday immediately following the weekend or holiday.

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