Alternate Payment definition

Alternate Payment means compensation provided for Physician services on a basis other than fee for service. Alternate payments may include, but are not limited to, salary, contract for service, sessional payments (hourly, daily, weekly or monthly rates), and on-call remuneration.
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Alternate Payment shall be an amount expressed in present value which maximizes the aggregate present value of the amounts payable or distributable to the Executive hereunder without causing any such amounts to be nondeductible by the Company pursuant to Section 280G of the Code. The value of the Change of Control Payments shall be determined in accordance with temporary or final regulations, if any, promulgated under Section 280G of the Code and based upon the advice of counsel selected by the Company's independent auditors. The value of any noncash benefit or any deferred payment or benefit shall be determined in accordance with the principles of Sections 280G(d)(3) and (4) of the Code.
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Alternate Payment shall be in an amount equal to (X) 50% of Revenue in FY 2008 in excess of $30,000,000, less (Y) the sum of all payments previously made pursuant to Sections 1.3(c)(i)(A) and 1.3(c)(i)(B).
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Examples of Alternate Payment in a sentence

  • The Alternate Payment Locations and the Lock-Boxes set forth on Exhibit F are the only addresses to which Contract Debtors and Approved Sub-servicers of Pledged Contracts are directed to make payment.

  • The names and addresses of all the Alternate Payment Locations, Approved Sub-servicers, Depository Account Banks and Lock-Box Processors, together with the addresses of the Lock-Boxes and the account numbers of the Depository Accounts are as specified in Exhibit F.

  • Make any change in its instructions to Contract Debtors regarding the making of payments in respect of the Pledged Contracts to any Alternate Payment Location, Lock-Box or Depository Account, other than instructing Contract Debtors to remit payments to another Alternate Payment Location, Lock-Box or Depository Account.

  • Alternate Payment and Notice Provisions......................................59 Section 11.07.

  • The names and addresses of all the Alternate Payment Locations, Approved Sub-servicers, Deposit Account Banks and Lock-Box Processors, together with the addresses of the Lock-Boxes and the account numbers of the Deposit Accounts are as specified in Exhibit F.

  • Alternate Payment Name — The person to whom benefits are issued on behalf of a Recipient.

  • Alternate Payment and Notice Provisions.....................................................

  • The Servicer shall provide the Program Agent and each Managing Agent with prompt written notice of any addition or termination of any Alternate Payment Location, together with a revised Exhibit F hereto.

  • Make any change in its instructions to Obligors regarding the making of payments in respect of the Receivables to any Alternate Payment Location, Lock-Box or Deposit Account, other than instructing Obligors to remit payments to another Alternate Payment Location, Lock-Box or Deposit Account.

  • Alternate Payment and Notice Provisions...........................59 Section 10.07.

Related to Alternate Payment

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Debit Payment means a particular transaction where a debit is made.