Secondary Repayment Source Sample Clauses

Secondary Repayment Source. ‌ (a) A Convener Participant must obtain a SRS if it is not listed as an Episode Initiator with at least one Clinical Episode selected on its Participant Profile and it has at least one Downstream Episode Initiator that is not a party to an SRS Reduction Agreement. The Participant shall maintain the SRS in accordance with the requirements of this Article 7.7 and Appendix B. (1) The amount guaranteed by the Participant’s SRS must be for the applicable amount calculated by CMS in accordance with the methodology described in Appendix B and specified in the Secondary Repayment Source File described in Appendix B. (2) The SRS must become effective by a date specified by CMS or prior to the date on which the Participant becomes an SRS Covered Participant (if the Participant was not an SRS Covered Participant on the Start Date). The SRS must remain in effect until at least 24 months after the ongoing at the end of the Agreement Performance Period or until all of the Participant’s financial obligations to CMS pursuant to this Agreement have been fulfilled, whichever is later. The Participant shall remain liable for any amount owed to CMS in excess of the amount specified in the Secondary Repayment Source File. (3) The Participant shall scan and submit to CMS by email, and for a Letter of Credit, mail the original to the address provided in Article 23.1, prior to the date specified by CMS (or, if the Participant is not an SRS Covered Participant on the Start Date, prior to the date on which the Participant becomes an SRS Covered Participant), executed documents establishing a Secondary Repayment Source that complies with the criteria set forth in this Article 7.7 and Appendix B. (b) CMS may reject any Secondary Repayment Source that does not comply with the terms of this Article 7.7 and Appendix B of this Agreement. (c) Any changes in the Secondary Repayment Source must be approved in advance by CMS. (d) If CMS rejects the Secondary Repayment Source obtained by the Participant pursuant to Appendix B of this Agreement or does not approve changes to such Secondary Repayment Source, CMS may terminate the Agreement pursuant to Article 21. Article 8 Financial Arrangements‌
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Related to Secondary Repayment Source

  • Mandatory Repayment The aggregate principal amount of the Loans outstanding on the Maturity Date, together with accrued but unpaid interest thereon, shall be due and payable in full on the Maturity Date.

  • Securing Repayment In order to secure repayment of the Fund’s obligations to the Custodian, the Fund hereby agrees that the Custodian shall have, to the maximum extent permitted by law, a continuing lien and security interest in, and right of setoff against: (a) all of the Fund’s right, title and interest in and to all Accounts in the Fund’s name and the Securities, money and other property now or hereafter held in such Accounts (including proceeds thereof) and (b) any other property at any time held by the Custodian for the Fund. In the event the Custodian has such a legally permissible continuing lien and security interest, the Custodian shall be entitled to collect from the Accounts sufficient cash for reimbursement, and if such cash is insufficient, to sell the Securities in the Accounts to the extent necessary to obtain reimbursement (but only to the extent permitted by the 1940 Act). In this regard, the Custodian shall be entitled to all the rights and remedies of a pledgee and secured creditor of a registered investment company under applicable laws, rules or regulations as then in effect.

  • Early Repayment The borrower is entitled to repay the loan including accumulated interest in one lump sum at any time, including before the end of the term of the loan. A prepayment penalty shall not be due. The lender is entitled to recall the loan effective immediately, if the borrowers’ financial circumstances deteriorate considerably, thus putting the claim of repayment at risk.

  • Termination; Repayment The Revolving Line terminates on the Revolving Line Maturity Date, when the principal amount of all Advances, the unpaid interest thereon, and all other Obligations relating to the Revolving Line shall be immediately due and payable.

  • INSTRUCTIONS FOR COMPLETING REPAYMENT ELECTION FORM AND EXERCISING REPAYMENT OPTION Capitalized terms used and not defined herein have the meanings defined in the accompanying Repayment Election Form.