Plan Payment Clause Samples
The PLAN PAYMENT clause defines the terms and schedule under which payments are to be made for a specific project or service. Typically, it outlines the amounts due, the timing of each payment (such as upon completion of certain milestones or at regular intervals), and any conditions that must be met before payment is released. This clause ensures that both parties have a clear understanding of when and how payments will occur, thereby reducing the risk of disputes and providing financial predictability throughout the duration of the agreement.
Plan Payment. The Plan’s payment is determined by first subtracting any Deductible and/or Copayment liability from the Plan Allowance. The Coinsurance percentage of the Plan Allowance set forth in SECTION SB - SCHEDULE OF BENEFITS of this Agreement is then applied to that amount. This amount represents the Plan’s payment. Any remaining Coinsurance amount is the Member’s responsibility.
Plan Payment. The Plan’s payment is determined by first subtracting any copayment from the plan allowance, subject to any applicable dollar maximum.
Plan Payment. The Plan’s payment is determined by first subtracting any Copayment liability from the Plan Allowance. This amount represents the Plan’s payment.
Plan Payment. 1 – If Plan Payment 1 – Unlimited Use is marked on the Cover, Client and Client Users shall have access to and use of the Cyber High Products during the contract term.
Plan Payment. The City shall provide an amount equivalent to the plan’s costs, but no more than $35.00 per month per unit member to pay and maintain their long- term disability insurance. This amount will be given to the Firefighters’ Association on behalf of each bargaining unit member for the long-term disability coverage, with that amount included on each employee’s W-2 tax statements.
Plan Payment. Providence will contribute three hundred and fifty million dollars ($350,000,000.00) to the Plan. This payment will be made by annual contributions to the Plan
Plan Payment. The Plan’s payment is determined by first subtracting any deductible liability from the plan allowance. The coinsurance percentage of the plan allowance set forth in Section III, Subsection J.