Overpayment definition

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

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Overpayment means any payment or benefit to the Contractor in excess of that to which the Contractor is entitled by law, rule, or this Contract, including amounts in dispute.

Overpayment means any amount already paid that exceeds the figure determined to be the correct amount of the tax.

Examples of Overpayment in a sentence

• Further, you shall indemnify and reimburse CML for any Losses incurred by any CML Indemnitees in connection with collection actions taken to recover any Overpayment.

• Claim Administrator has the right to offset future payments owed to the Provider: (i) from the Plan, or, (ii) if the Provider is a Contracted Provider, from Other Plans, up to an amount equal to the Overpayment (collectively, “Offset”).

• If you fail to return the full amount of any Overpayment to CML within five (5) business days of becoming aware thereof, then you will pay CML interest on such Overpayment at the rate of 18% per annum or the maximum rate allowed by Applicable Law (whichever is less) from the date of such Overpayment until the date it is returned to CML.

• If Claim Administrator has made Overpayments to a Contracted Provider for more than one (1) Other Plan, Claim Administrator has the right to Offset two (2) or more of the Overpayments collectively, against future payments owed to Another Plan as part of a single transaction, resulting in an Overpayment recovery amount which shall be applied based on the age of the Overpayments, beginning with the oldest outstanding Overpayment, or has the right to Offset as otherwise set forth in this Section 4.

• You covenant and agree that if you, any of your Affiliates, any Taxi driver, or any agent or designee of you or your Affiliates receives an Overpayment, then you shall immediately notify CML thereof and return the full amount of such Overpayment to CML.

More Definitions of Overpayment

Overpayment means any cash or leave (balance, usage or accruals) that has been overpaid or overcredited to an employee regardless of the reason, including but not limited to, administrative, clerical or system errors.

Overpayment means any payment or portion of a payment made to a provider that is incorrect according to the laws and rules applicable to the Medicaid program and that results in a payment greater than that to which the provider is entitled.

Overpayment means any benefit or payment received in an amount greater than the amount the client or provider is entitled to receive.

Overpayment means the difference between the amount of assistance to which an individual is entitled under this act and the amount of assistance actually received by that individual.

Overpayment has the meaning assigned thereto in Section 9 hereof.

Overpayment means a payment made by the Authority to a provider in excess of the correct Authority payment amount for a service. Overpayments are subject to repayment to the Authority.

Overpayment means payment in excess of the required fee. Overpayment shall result in the return of the original request and payment, prior to processing, with a clarification of the total amount due.