HOSPITAL ACCOUNT Sample Clauses

HOSPITAL ACCOUNT. The term "Hospital Account" shall mean the bank account of Hospital established as described in Section 3.12 hereof.
Sample 1Sample 2
AutoNDA by SimpleDocs
HOSPITAL ACCOUNT. Hospital has established and shall continue to maintain the bank account styled "Checking" at Bank of River Oaks (the "Hospital Account"). All funds, fees and revenues collected by Hospital from the provision of emergency health care services and treatment at the Facilities (including, without limitation, amounts received for reimbursement or indemnification from Blue Shield/Blue Cross, Aetna, and all other private insurance providers and third party payers (excluding Medicare, Medicaid, Thom and other government payers or their agents) or fiscal intermediaries for covered reimbursable emergency health care services and treatment provided at the Facilities ("Collected Fees") shall be deposited in the Hospital Account and held in trust by the Hospital in the Hospital Account for the sole account and benefit of ER. On a daily basis Hospital shall reconcile deposits made in the Hospital Account with the Collected Fees and remit to ER, within two (2) business days of receipt of EOB's (Explanation of Benefits) and deposits thereof, all such Collected Fees. Hospital shall not take any actions or omit to take any actions which might result in ER's not receiving the Collected Fees as provided herein, Furthermore, Hospital shall not withdraw any Collected Fees from or close the Hospital Account without ER's prior written consent. In furtherance of the foregoing, ER shall have full read-only. access to the Hospital Account for the purpose of verifying collection of Collected Fees by Hospital and payment of Collected Fees by Hospital to ER. In addition, ER shall have the right to audit the Hospital's books and records during normal business hours in order to verify the Hospital's proper payment of the Collected Fees to ER. [ER shall be responsible for making payment of any sublease payments payable by the Hospital to ER relating to the Location on behalf of Hospital from the Collected Fees paid to it by the Hospital
Sample 1Sample 2
HOSPITAL ACCOUNT. 27 COUNTY shall require the Intermediary to maintain a separate account, for each period of the 28 Agreement, herein referred to as the Hospital Account, for the purpose of depositing and disbursing 29 Funds to HOSPITAL, as specified in Exhibit A to the Agreement. The Intermediary shall thereafter 30 make the Periodic Interim Payments (PIP payments) as specified in Exhibit C to the Agreement. Any 31 other Accounts identified in this Exhibit B are for purposes of reference only and are defined in 32 COUNTY’s Agreement with Intermediary. 33
Sample 1
HOSPITAL ACCOUNT. 17 A. COUNTY shall require the INTERMEDIARY to maintain an account, herein referred to as the 18 Hospital Account, for the purpose of depositing and disbursing Hospital Funding to Contracting 19 Hospitals, as specified in the MSI Hospital Agreement.
Sample 1
HOSPITAL ACCOUNT. 15 COUNTY shall require the Intermediary to maintain an account, herein referred to as the Hospital 16 Account, for the purpose of depositing and disbursing Funds to HOSPITAL, as specified in Exhibit A to 17 this Agreement. The Intermediary shall thereafter make the Periodic Interim Payments (PIP payments) 18 as specified in Exhibit E to this Agreement. 19
Sample 1

Related to HOSPITAL ACCOUNT

  • Capital Account (a) There shall be established for each Member on the books of the Company a Capital Account in accordance with Section 704 of the Code and the Treasury Regulations promulgated thereunder.

  • Capital Account Restoration No Limited Partner shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Partnership. The General Partner shall be obligated to restore any negative balance in its Capital Account upon liquidation of its interest in the Partnership by the end of the taxable year of the Partnership during which such liquidation occurs, or, if later, within 90 days after the date of such liquidation.

  • Capital Accounts Allocations There shall be established in respect of each Holder a separate capital account in the books and records of the Up-MACRO Holding Trust in respect of the Holder's Capital Contributions to the Up-MACRO Holding Trust (each, a "Capital Account"), to which the following provisions shall apply:

  • Capital Accounts The Company will maintain a Capital Account for each Member on a cumulative basis in accordance with federal income tax accounting principles.

  • Member's Capital Accounts A Capital Account for the Member shall be maintained by the Company. The Member's Capital Account shall reflect the Member’s capital contributions and increases for any net income or gain of the Company. The Member’s Capital Account shall also reflect decreases for distributions made to the Member and the Member’s share of any losses and deductions of the Company.

  • Deficit Capital Accounts No Member will be required to pay to the Company, to any other Member or to any third party any deficit balance that may exist from time to time in the Member’s Capital Account.

  • Dependent Care Expense Account The Employer agrees to provide insurance eligible employees with the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by law or regulation.

  • Capital Accounts of the Partners A. The Partnership shall maintain for each Partner a separate Capital Account in accordance with the rules of Regulations Section l.704-l(b)(2)(iv). Such Capital Account shall be increased by (i) the amount of all Capital Contributions and any other deemed contributions made by such Partner to the Partnership pursuant to this Agreement and (ii) all items of Partnership income and gain (including income and gain exempt from tax) computed in accordance with Section 1.B hereof and allocated to such Partner pursuant to Section 6.1 of the Agreement and Exhibit C thereof, and decreased by (x) the amount of cash or Agreed Value of all actual and deemed distributions of cash or property made to such Partner pursuant to this Agreement and (y) all items of Partnership deduction and loss computed in accordance with Section 1.B hereof and allocated to such Partner pursuant to Section 6.1 of the Agreement and Exhibit C thereof.

  • Individual Account An individual account is an account owned by you alone, which you as the account owner use during your lifetime.

Time is Money Join Law Insider Premium to draft better contracts faster.