Settlement Upon Termination Sample Clauses

Settlement Upon Termination. Immediately upon termination under Sections 10.a.i., v. or vi., no Grant Funds shall be disbursed by OEM, and Subrecipient shall return to OEM Grant Funds previously disbursed to Subrecipient by OEM in accordance with Section 6.c and the terminating party may pursue additional remedies in law or equity. Upon termination pursuant to any other provision in this Section 10, no further Grant Funds shall be disbursed by OEM and Subrecipient shall return funds to OEM in accordance with Section 6.c, except that Subrecipient may pay, and OEM shall disburse, funds for obligations incurred and approved by OEM up to the day that the non-terminating party receives the notice of termination. Termination of this Agreement does not relieve Subrecipient of any other term of this Agreement that may survive termination, including without limitation Sections 11.a and c.
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Settlement Upon Termination. Immediately upon termination under Sections 10.a.i, v., or vi, no Grant Funds shall be disbursed by OEM and Subrecipient shall return to OEM Grant Funds previously disbursed to Subrecipient by OEM in accordance with Section 6.c and the terminating party may pursue additional remedies in law or equity. Termination of this Agreement does not relieve Subrecipient of any other term of this Agreement that may survive termination, including without limitation Sections 11.a and c.
Settlement Upon Termination. I hereby acknowledge and agree that if, prior to the settlement election date specified above (a) my service as a member of the Board is terminated for any reason (including, without limitation, as a result of my death or Disability) other than for cause under applicable law, any Vested Units will be settled following my termination date, and (b) my service as a member of the Board is terminated for cause under applicable law, all unsettled Units (including Vested Units) will be immediately forfeited.
Settlement Upon Termination. Upon the termination of this Agreement by the Company pursuant to Section 9.3 or by the Reinsurer pursuant to Section 9.4, subject to payment by the Reinsurer of any amounts due to the Company pursuant to this Section 9.5 and the payment by the Company of any amounts due to the Reinsurer pursuant to this Section 9.5, the Company shall recapture all liabilities previously ceded to the Reinsurer and the Reinsurer’s liability under this Agreement will terminate (provided, that such termination shall not relieve any Party of any pre-termination breach of this Agreement). The Company shall prepare a Net Settlement report for the period commencing on the first day of the then-current calendar month and ending on the date this Agreement is terminated pursuant to Sections 9.3 or 9.4. On the tenth Business Day following the delivery of such Net Settlement report (a) the applicable Party shall pay any amounts due and owing by such Party on such Net Settlement report; (b) the Reinsurer shall transfer to the Company cash and assets with an aggregate Fair Market Value equal to 100% of an amount equal to: (i) the Reinsurer’s Share of the Statutory Reserves held by the Company with respect to the Reinsured Policies, plus (ii) the Reinsurer’s Share of the Interest Maintenance Reserve attributable to the Reinsured Liabilities, plus (iii) (x) the amount of any new Interest Maintenance Reserve created at the time of recapture as a result of such recapture divided by 65% and (y) the amount of any new Interest Maintenance Reserve created at the Effective Time as a direct result of the transactions contemplated by this Agreement that remains unamortized as of the date of termination, minus (iv) the Reinsurer’s Share of the amount of outstanding policy loans on the Reinsured Policies (to the extent such policy loans constitute admitted assets under SAP, net of any unearned policy loan interest on such loans but including amounts of interest due and accrued with respect thereto), minus (v) the Reinsurer’s Share of net due and deferred Premiums on the Reinsured Policies reduced by advances thereon, plus (vi) the Ceding Commission multiplied by the ratio of (x) the remaining number of months in the Amortization Period over (y) 120, in each case, determined by the Company in accordance with SAP, consistently applied, as of the date of termination (such amount, the “Reinsurer Termination Payment”); and (c) the Company shall pay to the Reinsurer cash equal to the amount of any cash an...
Settlement Upon Termination. Upon termination of the Contract according to section 5.2, or at such time as an Enrollee terminates enrollment in the MCO, according to section 3.5, and prior to final settlement, the MCO shall, upon request by the STATE, provide to the STATE copies of all information that may be necessary to determine responsibility for outstanding claims of Providers, and to ensure that all outstanding claims are settled promptly.‌‌‌‌
Settlement Upon Termination. In the event this Agreement is terminated pursuant to Sections 10.1(c), (d) or (e), FSL shall provide to London Pacific Notice of Termination and set forth in such Notice the effective date of termination ("Recapture Date"). Within thirty (30) days of having provided the Notice of Termination, FSL shall provide London Pacific with a Terminal Accounting setting forth an accounting of the indemnity reinsurance provided hereunder by FSL. In the event London Pacific terminates this Agreement pursuant to Section 10.1(e), it shall provide FSL with the Notice of Termination and request an accounting. The Terminal Accounting shall set forth the information and be based upon the calculation method as described in Schedule D, modified to reflect the reversal of the reinsurance transaction. On or before the Recapture Date, FSL will transfer cash or other assets as may be agreed to by the parties equal to 100% of the Net Full CARVM statutory reserves held by FSL with respect to the Fixed Portion of the Contract. FSL shall provide to London Pacific all records, reports, and other documents and information in its possession as such pertain to the administration of the Contracts hereunder. In the event that subsequent data or calculations require revision of the Terminal Accounting, the required revisions and any appropriate payments shall be made in cash by the appropriate party within thirty (30) days after the parties mutually agree on the appropriate revision.
Settlement Upon Termination. 100 5.4 Breaches and Deficiencies. 100 5.4.1 Quality of Services. 100‌‌ 5.4.2 Failure to Provide Services. 101 5.4.3 Misrepresentation 101 5.4.4 Discrimination. 101 5.4.5 Physician Incentive Plans 101 5.4.6 Considerations in Determination of Remedy. 101 5.5 Notice; Opportunity to Cure. 101 5.6 Remedies or Sanctions for Breach. 102 5.7 Temporary Management. 103 5.8 Mediation Panel. 103 5.9 Penalties for Encounter Data Errors 104 5.9.1 Penalty Provisions 104‌‌‌‌‌ 5.9.2 Penalty limit 104 Article. 6 Benefit Design and Administration. 105 6.1 Covered Services. 105 6.1.1 Acupuncture Services 105‌‌ 6.1.2 Advanced Practice Registered Nurse Services. 105 6.1.3 Clinical Trials. 105 6.1.4 Care Coordination Services for MSHO. 106
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Settlement Upon Termination. Upon the termination of this Agreement, the Ceding Company shall recapture all liabilities previously ceded to the Reinsurer and, subject to payment by the Reinsurer of any amounts due to the Ceding Company pursuant to this Section 13.4, the Reinsurer's liability under this Agreement will terminate (provided that such termination shall not relieve any party of any pre-termination breach of the Agreement). The Ceding Company shall prepare a Quarterly Report for the period commencing on the first day of the then-current Quarterly Period and ending on the date this Agreement is terminated pursuant to Section 13.2. On the fifth (5th) Business Day following delivery of the Quarterly Report to the Reinsurer, (a) the parties shall pay any amounts due and owing on such Quarterly Report, (b) the then remaining assets in the Trust Account shall be transferred to the Reinsurer and (c) the Reinsurer shall transfer to the Ceding Company assets with an aggregate fair market value, as determined by the Ceding Company, equal to the Trust Required Balance, as determined by the Ceding Company as of the date of termination. The amounts paid pursuant to clause (a), (b) and (c) shall be setoff, and only the balance shall be allowed or paid by the applicable party hereto.
Settlement Upon Termination. Upon termination of the Contract according to section 5.2, or at such time an Enrollee terminates enrollment in SNBC and in the MCO according to section 3.7, and prior to final settlement, the MCO shall, upon request by the STATE, provide to the STATE copies of all information that may be necessary to determine responsibility for outstanding claims of Providers, and to ensure that all outstanding claims are settled promptly.‌‌‌‌
Settlement Upon Termination. If this Agreement is terminated by the Purchaser in accordance with the provisions in paragraph (b) (Termination by the Purchaser) in Clause 15, paragraph (c) (Termination for Breach) in Clause 15 or paragraph (d) (Termination by Force Majeure) in Clause 15 and once the termination notice becomes effective:
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