Term Recertification Termination and De Certification Sample Clauses
This clause defines the duration of the agreement, the process for renewing or recertifying the agreement, and the conditions under which the agreement may be terminated or a party may lose certification. It typically outlines the initial term length, any renewal procedures, and the specific events or breaches that could trigger early termination or de-certification, such as failure to meet ongoing requirements. The core function of this clause is to provide clear guidelines for the lifecycle of the agreement, ensuring both parties understand how and when the relationship may continue, end, or be revoked, thereby reducing uncertainty and managing risk.
Term Recertification Termination and De Certification. 7.01 Term The term of this Agreement shall commence on the date on which Contractor’s SADPs are certified and the Agreement is executed by all parties (“Agreement Effective Date”), and expire on
Term Recertification Termination and De Certification. 7.01 Term The term of this Agreement shall commence on the date on which Contractor’s QDPs are certified and the Agreement is executed by all parties (“Agreement Effective Date”), and expire on [December 31, 2015] (“Expiration Date”), unless terminated earlier or extended in accordance with the provisions of this Agreement.
7.02 Recertification Process During each year of this Agreement, the Exchange will evaluate the recertification of Contractor based on an assessment process that shall be conducted by the Exchange in accordance with its procedures and on a basis consistent with applicable laws, rules and regulations, including, the requirements set forth under the California Affordable Care Act, 10 CCR 6400 et seq., and the Affordable Care Act. Contractor will be considered in the Exchange’s recertification evaluation process that shall be conducted by the Exchange prior to the Expiration Date unless (i) the Agreement is terminated sooner than the Expiration Date by the Exchange in accordance with the requirements set forth at Section 7.03 below or pursuant to other terms set forth in the Agreement, or (ii) Contractor makes a Non-Recertification Election pursuant to Section 7.07 below.
Term Recertification Termination and De Certification