Discount Safe Harbor Sample Clauses
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Discount Safe Harbor. SUPPLIER is responsible for fully and accurately reporting and/or providing information on all discounts, rebates or reductions in price on the invoice, coupon or statement submitted to VUMC in accordance with all applicable laws and regulations, including the provisions of the discount exception at 42 U.S.C. § 1320a-7b(b)(3)(A) and/or the discount safe harbor regulation at 42 C.F.R. §1001.952(h). SUPPLIER agrees that it shall promptly disclose and appropriately reflect any discount, rebate or other reduction in price as may be required under Medicare or any other federal or state health program, and SUPPLIER represents that it shall refrain from taking any action or omission that would impede VUMC from meeting its obligations under law, consistent with the requirements of the Medicare/Medicaid anti- kickback statute and regulations.
Discount Safe Harbor. Any price reduction or discount program pursuant to the Agreement is intended to be a discount within the meaning of applicable federal and state anti-kickback laws and regulations. With respect to its purchases of Products, to the extent required by contract, law or regulation, Customer shall report all prices, discounts, and rebates to third party payors, including, without limitation, Medicare and Medicaid, maintain records thereof, and provide information to third party payors, in accordance with all such contractual requirements and applicable laws. Customer represents and warrants that it will satisfy any and all such requirements imposed on buyers, including when required by law, the requirement to accurately report, or make available upon request by a federal or state health care program or other third party payor, the net cost actually paid by Customer for Products covered by the Agreement. Volcano agrees that it shall refrain from doing anything that would impede Customer from meeting its obligations under this paragraph.