Administration Payment definition
Examples of Administration Payment in a sentence
For the initial six (6) weeks that each Authorized Site is operational under this Contract, the Vaccination Administration Payment shall be equal to the Vaccination Administration Payment Rate multiplied by the higher of: (a) that actual number of vaccines administered for Vaccination Services at the Authorized Site; or (b) scheduled minimum Vaccination Capacity and Vaccination Administration Payment as set forth above.
Additionally, within fourteen (14) days of receiving notice of the termination, Class Counsel shall reimburse Defendant for fifty percent (50%) of any portion of the Initial Settlement Administration Payment that has been applied to pay Notice and Administration Costs as of the termination.
The costs of such notice shall be paid from the Initial Settlement Administration Payment.
If the Contractor fails to offer the minimum number of appointments required, the minimum Vaccination Administration Capacity and Vaccination Administration Payment set forth above shall be void and the Contractor shall be paid only for the Vaccination Administration Payment multiplied by the actual number of vaccines administered for Vaccination Services at the Authorized Site.
In the event of a termination under Paragraph 11.5 of this Agreement, or if for any reason the Judgment does not become final or the Effective Date fails to occur, the Claim Administrator shall return any remaining portion of the Initial Settlement Administration Payment, and any and all monies remaining in the Settlement Fund, to Defendant within fourteen (14) days of receiving notice of the termination.
For example, if 7,501 vaccines are administered per day over the course of a week, Contractor will receive $31.50 from the Vaccination Administration Payment as specified in Exhibit C, and up to $11.22 of Maximum Approved Cost per Vacccination as specified in Exhibit B, for a maximum paid of $42.72 per vaccination administered.
The Administration Payment is retained by Us and will not be allocated towards your Trust Deed or paid to your creditors.
Within thirty (30) calendar days of the Effective Date, Defendant shall pay the $1,000,000 USD less the Administration Payment previously deposited into the escrow account established by the Class Action Settlement Administrator (“Fund Payment”).
In support of the responsibilities above and as indicated elsewhere in this Agreement the CITY agrees to compensate FBO through an Airfield Operations Administration Payment (AOAP) as follows: Year 1 $ month (To Be Proposed By Agency) Year 2 $ month (To Be Proposed By Agency) Year 3 $ month (To Be Proposed By Agency) Year 4 $ month (To Be Proposed By Agency) Year 5 $ month (To Be Proposed By Agency) Airfield Operations Administration Payments shall be made by the CITY on or about the 15th day of the month.
The total of the Administration Payment, the Non-Claims Payment, and the Final Claims Payment shall not exceed $5,860,000.00.