Overpayment or Non-entitlement. Where, for any reason, the Recipient is not entitled to all or part of the Contribution or the amount paid to the Recipient exceeds the amount to which the Recipient is entitled, the Contribution or the amount in excess, as the case may be, shall constitute a debt due to Her Majesty and shall be recovered as such from the Recipient. The Recipient shall repay Her Majesty within thirty (30) calendar days from the date of the Minister’s notice, the amount of the Contribution disbursed or the amount of the overpayment, as the case may be, together with interest calculated in accordance with the Interest and Administrative Charges Regulations, in effect on the due date, from the date of the notice until payment is received by Her Majesty. * Confidential treatment requested BlueWater Biochemicals Inc. #509040
Appears in 3 contracts
Samples: Contribution Agreement (BioAmber Inc.), Contribution Agreement (BioAmber Inc.), Contribution Agreement (BioAmber Inc.)
Overpayment or Non-entitlement. Where, for any reason, the Recipient is not entitled to all or part of the Contribution or the amount paid to the Recipient exceeds the amount to which the Recipient is entitled, the Contribution or the amount in excess, as the case may be, shall constitute a debt due to Her Majesty and shall be recovered as such from the Recipient. The Recipient shall repay Her Majesty within thirty (30) calendar days from the date of the Minister’s notice, the amount of the Contribution disbursed or the amount of the overpayment, as the case may be, together with interest calculated in accordance with the Interest and Administrative Charges Regulations, in effect on the due date, from the date of the notice until payment is received by Her Majesty. * Confidential treatment requested BlueWater Biochemicals Inc. #509040.
Appears in 1 contract
Samples: Contribution Agreement