Common use of Termination by HMO Clause in Contracts

Termination by HMO. 18.1.6 HMO may terminate this contract if HHSC fails to pay HMO as required under Article XIII of this contract or otherwise materially defaults in its duties and responsibilities under this contract, or by giving notice no later than 30 days after receiving the capitation rates for the second or third contract years. Retaining premium, recoupment, sanctions, or penalties that are allowed under this contract or that result from HMO's failure to perform or HMO's default under the terms of this contract is not cause for termination.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Centene Corp), Agreement and Plan of Merger (Centene Corp), Centene Corp

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Termination by HMO. 18.1.6 HMO may terminate this contract if HHSC TDH fails to pay HMO as required under Article XIII of this contract or otherwise materially defaults in its duties and responsibilities under this contract, or by giving notice no later than 30 days after receiving the capitation rates for the second or third contract yearsyear. Retaining premium, recoupment, sanctions, or penalties that are allowed under this contract or that result from HMO's failure to perform or HMO's default under the terms of this contract is not cause for termination.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Centene Corp), Agreement and Plan of Merger (Centene Corp), Centene Corp

Termination by HMO. 18.1.6 HMO may terminate this contract if HHSC TDHS fails to pay HMO as required under Article XIII of this contract or otherwise materially defaults in its duties and responsibilities under this contract, or by giving notice no later than 30 days after receiving the capitation rates for the second or third OR THIRD contract years. yearS. Retaining premium, recoupment, sanctions, or penalties that are allowed under this contract or that result from HMO's failure to perform or HMO's default under the terms of this contract is not cause for termination.

Appears in 1 contract

Samples: Amerigroup Corp

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Termination by HMO. 18.1.6 HMO may terminate this contract if HHSC fails to pay HMO as required under Article XIII of this contract or otherwise materially defaults in its duties and responsibilities under this contract, or by giving notice no later than 30 days after receiving the capitation rates for the second or third contract yearsyear. Retaining premium, recoupment, sanctions, or penalties that are allowed under this contract or that result from HMO's failure to perform or HMO's default under the terms of this contract is not cause for termination.

Appears in 1 contract

Samples: Amerigroup Corp

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