Overpaid definition

Overpaid means, at any time, the amount You have been paid in excess of Your entitlement (or likely entitlement) under a contract with us or another Cargill Entity and includes without limitation a payment made to You in error.
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Overpaid means, at any time, the amount You have been paid in excess of Your entitlement (or likely entitlement) under a contract with us or another AWB Entity and includes without limitation a payment made to You in error. “Payment Terms” means the information contained beside the heading “Payment Terms” in the Purchase Contract.
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Overpaid as used above means the Tenant made Site Expense payments to Seller during Seller’s period of ownership of the subject Site in the year of Closing (“Collections”) in excess of the actual amounts properly accrued or expended by Seller for such Site Expense during such period, and “underpaid” means that the Site Expense amount for the Tenant during such period exceeded the Collections amount for the Tenant of such Site during such period. Buyer will be responsible for preparing and providing any final full-year Site Expense reconciliations required to be provided to any Tenant pursuant to its Lease and for settling any adjustments required with such Tenant as a result of such reconciliations (provided, that Buyer may utilize and rely upon the reconciliations and supporting information received from Seller for such purpose).
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Examples of Overpaid in a sentence

  • An employee who has been notified of a verified overpayment in his or her compensation shall repay the amount to the District by payroll deduction, in accordance with the following schedule: Overpaid Amount Repayment Schedule $1 - 50 Deducted from next paycheck.

  • If any amount of the Overpaid Lender’s Payment Rights under the Loan Documents to which the Administrative Agent has been subrogated is paid by (or on behalf of) the Borrower or any other Loan Party to the Administrative Agent, then the Lender or Secured Party who received such Erroneous Payment shall be deemed to have received an equal amount from the Borrower or other Loan Party under the Loan Documents, Secured Hedge Agreements or Secured Cash Management Agreements, as applicable.

  • The Agent shall not and no Lender shall be required to make any payment to the Group in reimbursement for any part of any applicable Margin already paid and no reduction in interest payment may be made to those Lenders who are not Overpaid Lenders.

  • PBF shall pay all of Sunoco’s reasonable and documented costs (including attorneys’ fees and court costs) directly related to collecting the Overpaid Amount.

  • If the contract is terminated due to the above (1-4 items), the rent shall be calculated according to the actual use time, and the calculation shall be based on the number of days in which the whole month is insufficient, and the partial refund shall be made to the part that is refunded or less; (7-7 items) Overpaid part of the rent, Party A does not return.

  • In the event that CalPERS uses any portion of these Overpaid Contributions to offset future County contributions to CalPERS rather than refunding them to LAFCO, the County agrees to either: (a) challenge the proposed action by CalPERS and secure a refund of the entire amount of the Overpaid Contributions; or (b) pay to LAFCO an amount equal to the portion of the Overpaid Contributions applied to offset future County contributions.

  • The Company shall have no other liability (howsoever caused or arising) to pay any amount to the Client in respect of any Overpaid VAT.

  • LAFCO agrees to cooperate with the County in securing a refund of the Overpaid Contributions from CalPERS.

  • Upon the receipt of such Officer's Certificate, Administrative Agent shall promptly notify the Lenders to such effect and on the date of the immediately succeeding mandatory or scheduled payment of the Loans pursuant to subsection 2.4A or 2.4B(iii), as the case may be, only an amount equal to the amount otherwise due under the applicable subsection minus the Overpaid Amount shall become due ----- and payable under such subsection.

  • In the event that said Overpaid Contributions are refunded to the County, the County agrees to turn the Overpaid Contributions over to LAFCO.

Related to Overpaid

  • Overpayment means payment in excess of the required fee. Overpayment of less than $10 received by the board shall not be refunded.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Grant Agreement, including any unapproved expenditures. ▇▇▇▇▇▇▇ understands and agrees that it shall be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Grant Agreement. ▇▇▇▇▇▇▇ further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Grant Agreement.

  • Underpayment means any payment or portion of a payment not made to a provider for services delivered to eligible members according to the laws and rules applicable to the Medicaid program and to which the provider is entitled.

  • Refund means repayment to the Plan for medical or dental benefits that it has paid toward care and treatment of the Injury or Sickness.

  • Base Taxes means the Taxes payable for the Base Tax Year.