Common use of Fraud and Abuse Laws Clause in Contracts

Fraud and Abuse Laws. Receipt by one or more Consolidated Entities of a notice from a Governmental Authority that it (i) intends to disallow requested reimbursements, demand adjustment or repayment of past reimbursements in excess of one-half of one percent (1/2%) of the gross revenues of Borrower for the previous four (4) fiscal quarters in the aggregate respecting amounts submitted for reimbursement or collected by Borrower or a Provider, or (ii) intends to impose civil money penalties or to seek to exclude Borrower or a Provider from participation in the Medicare or Medicaid programs due to a failure to comply with Fraud and Abuse Laws, if the gross revenues to Borrower arising from Borrower or Provider exceed one-half of one percent (1/2%) of the gross revenues of Borrower for the previous four (4) fiscal quarters in the aggregate.

Fraud and Abuse Laws. Receipt by one or more Consolidated Entities of a notice from a Governmental Authority that it (i) intends to disallow requested reimbursements, demand adjustment or repayment of past reimbursements in excess of one-half of one percent (1/21/2 %) of the gross revenues of Borrower Borrowers for the previous four (4) fiscal quarters in the aggregate respecting amounts submitted for reimbursement or collected by Borrower Borrowers or a Provider, or (ii) intends to impose civil money penalties or to seek to exclude Borrower Borrowers or a Provider from participation in the Medicare or Medicaid programs due to a failure to comply with Fraud and Abuse Laws, if the gross revenues to Borrower arising from Borrower Borrowers or Provider exceed one-half of one percent (1/2%) of the gross revenues of Borrower Borrowers for the previous four (4) fiscal quarters in the aggregate.