Common use of Exhaustion of the entitlement to a refund Clause in Contracts

Exhaustion of the entitlement to a refund. Unless otherwise agreed in writing by the Parties, the Co-contractor's right to reimbursement of recycling fees and to recycling fees paid to it, is considered void: - if, at the latest on the 28th February each year, Ecotrel, has not received any annual attestation concerning the reimbursement of recycling fees, for which it became possible to submit a claim during the previous calendar year; - if the information or documents submitted by the Co-contractor do not carry sufficient weight to support the claim for reimbursement of recycling fees, either because they contain errors or flaws that may have an impact, whether direct or indirect, on the reimbursement of recycling fees. Where applicable, Ecotrel may demand that the Co-contractor pay back any refunded recycling fees (via a net calculation or not). The recycling fees thus demanded will be subject, without prior notice, to additional interest totalling the legally applicable interest rate plus 3%, calculated from the date at which these recycling fees were refunded to the Co-contractor.