Duplication of Benefits Certification Sample Clauses

The Duplication of Benefits Certification clause requires a party to affirm that they have not received, nor will they seek, multiple sources of financial assistance for the same loss or need. In practice, this means that if a recipient has already obtained funds from one program or insurer for a specific purpose, they must disclose this and are prohibited from obtaining additional overlapping benefits from another source for that same purpose. This clause is essential for preventing fraud and ensuring that financial aid is distributed fairly, avoiding overcompensation and misuse of resources.
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Duplication of Benefits Certification. To be submitted by the Subrecipent with its reimbursement requests.
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Duplication of Benefits Certification. In consideration of Subrecipient’s receipt of funds or the commitment of funds by the Grantee (collectively, the “Grant Proceeds”), Subrecipient hereby assigns to Grantee all of Subrecipient’s future rights to reimbursement and all payments received from any grant, subsidized loan, or insurance policies of any type or coverage or under any reimbursement or relief program related to or administered by the Federal Emergency Management Agency (“FEMA”) or the Small Business Administration (“SBA”) (singularly, a “Disaster Program” and collectively, the “Disaster Programs”) that was the basis of the calculation of the reimbursement costs to the extent such reimbursements paid or to be paid by the Grantee to the Subrecipient under the CARES Act Coronavirus Relief Funds , and that are determined in the sole discretion of Grantee or Federal awarding agency, to be a duplication of benefits (“DOB”) as provided in this Agreement.
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Duplication of Benefits Certification. By signing this Agreement, the Subrecipient certifies that it has not received any duplicate funding for the grant requested and awarded by the County under this Agreement. The Subrecipient also certifies that it does not expect to receive any duplicate funding for the purposes of the funding requested and awarded under this Agreement.
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Related to Duplication of Benefits Certification

  • Duplication of Benefits Grantee shall not carry out any of the activities under this Agreement in a manner that results in a prohibited duplication of benefits as defined by Section 312 of the ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Disaster Relief and Emergency Assistance Act (42 U.S.C. 5155) and in accordance with Section 1210 of the Disaster Recovery Reform Act of 2018 (division D of Public Law 115-254; 132 Stat. 3442), which amended section 312 of the ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Disaster Relief and Emergency Assistance Act (42 U.S.C. 5155). In consideration of Grantee’s receipt or the commitment of CRF funds by Florida Housing, Grantee hereby assigns to Florida Housing all of Grantee’s future rights to reimbursement and all payments received from any grant, subsidized loan or any other reimbursement or relief program related to the basis of the calculation of the portion of the funds committed to the Grantee under this Agreement and determined to be a Duplication of Benefits (DOB). Any such funds received by the Grantee shall be referred to herein as “additional funds.” Grantee agrees to immediately notify Florida Housing of the source and receipt of additional funds received by the Grantee that are determined to be a DOB. Grantee agrees to reimburse Florida Housing for any additional funds received by Grantee if such additional funds are determined to be a DOB by Florida Housing, the Federal awarding agency or an auditing agency.

  • Non-Duplication of Benefits Executive is not eligible to receive benefits under this Agreement more than one time.

  • No Duplication of Benefits For the avoidance of doubt, in no event will Executive be entitled to benefits under Section 4.4.3(i) and Section 4.4.3(ii). If Executive commences to receive benefits under Section 4.4.3(i) due to a qualifying termination prior to a Change in Control and thereafter becomes entitled to benefits under Section 4.4.3(ii), any benefits previously provided to Executive under Section 4.4.3(i) shall offset the benefits to be provided to Executive under Section 4.4.3(ii) and shall be deemed to have been provided to Executive pursuant to Section 4.4.3(ii).

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

  • Designation of Beneficiary The depositor may designate a beneficiary or beneficiaries to receive benefits from the custodial account in the event of the depositor’s death. In the event the depositor has not designated a beneficiary, or if all beneficiaries shall predecease the depositor, the following persons shall take in the order named: a. The spouse of the depositor; b. If the spouse shall predecease the depositor or if the depositor does not have a spouse, then to the depositor’s estate.