Repayment of the Grant. In the event the Agreement is terminated, then Grantee shall immediately refund to CoLV an amount equal to the sum of the Grant monies paid by CoLV to Grantee pursuant to this Agreement. Notwithstanding the foregoing, Grantee will not be required to repay the Grant if the Agreement is terminated under Section 4A(1).
Repayment of the Grant. (a) In the event that:
Repayment of the Grant. Where the Commonwealth has given to the Grantee a notice in writing that states that the Grantee must repay an amount of the Grant (“the Repayment Notice”) and the Grantee has not repaid to the Commonwealth the amount specified in the Repayment Notice, the Commonwealth may recover that amount from the Grantee as a debt due to the Commonwealth either under Division 95 of the Act or otherwise as the case may be.
Repayment of the Grant. Without prejudice to the Council’s other rights and remedies, the Council may require the repayment of all or part of the Grant during the Clawback Period within such timescale as the Council shall direct: in the event that both the Xxxxxx Carers cease for whatever reason to be Xxxxxx Carers; the Xxxxxx Carers are no longer occupying the Property as their only or principal home; the Xxxxxx Carers fail or has failed to disclose any material fact or information which ought in the opinion of the Council to have been disclosed in connection with the financial assistance determination made by the Council; if the Xxxxxx Carers are/is declared bankrupt or placed in receivership or liquidation or enters into any arrangement or composition for the benefit of their creditors, or is unable to pay its debts as they fall due, or has judgement for debt entered against them. any security created by any mortgage or charge executed by the Xxxxxx Carers shall become enforceable and the holder of such security shall take steps to enforce the same; if in the opinion of the Council, either of the Xxxxxx Carers are incapable of or unlikely to be able to carry out his or her obligations under this Agreement; if in the reasonable opinion of the Council either one or both of the Xxxxxx Carers is or are in wilful default of this Agreement or has or have acted fraudulently at any time. The Xxxxxx Carers shall repay to the Council any part of the Grant incorrectly paid to them as a result of an administrative error. The decision of the Council shall be final and conclusive. The Grant will be written off or cancelled by the Council on expiry of the Clawback Period PROVIDED ALWAYS at least one of the Xxxxxx Carers has remained a Xxxxxx Carer throughout the Clawback Period. If repayment of the Grant becomes necessary, it would be by way of an interest free loan which shall be reduced by 20% each year on the first anniversary of this Agreement and each anniversary thereafter during the Clawback Period.
Repayment of the Grant. 1. In the cases referred to in Articles 1(1) and 8 of this Annex, the beneficiary undertakes to repay to the Commission any amounts paid in excess of the real eligible costs of the operation, in the manner and within the time limits set by the Commission.
Repayment of the Grant. 6.1. A Council may issue the Recipient a demand (according to item 6.2) to require the Recipient to repay some or all of the Grant to The Council if and to the extent any of the following applies (a) Grant not used for permitted purposes Any part of the Grant which has been used for purposes contrary to section 5. (b) Overpayment In relation to any overpayment of the Grant for any reason (e.g. any administrative error by The Council). (c) Fraud All of the Grant paid where there has been any serious fraud or other serious misconduct by the Recipient in applying to The Council for the Grant. (d) Corrupt Act Any breach by the Recipient of section 16.
Repayment of the Grant. 35. You may demand repayment (and we will repay promptly when asked) of all, or part of the grant, at your absolute discretion, in any of the following circumstances:
Repayment of the Grant. 19.1 In the cases referred to in clauses 18.3 and 4.7 above and in any case where the UKRA’s independent auditors recommend a repayment is due from the Beneficiary, the Beneficiary undertakes to repay to the UKRA any amount requested in the manner and within the time limits set by the UKRA.
Repayment of the Grant. 11(1) Where the Project is suspended, not carried out at all, or not carried out properly and without prejudice to its right to terminate this Agreement pursuant to Article 16, EIB may demand repayment of the total amount of the Grant or reduce the Grant pro-rata to the actual implementation of the Project.
Repayment of the Grant. In the event of use of the Grant on items or services not connected with the Company and/or the KPI’s and/or misappropriation of the Grant the Investor shall have the right to terminate the Agreement upon written notice to the Company. In such case the Company shall be obliged to repay the Grant within 30 (thirty) days following the receipt of such termination notice by the Company. For the avoidance of doubt the non-achievement of the milestones shall not a basis for the repayment of the Grant by the Company.
