Applicable Discounts definition
Examples of Applicable Discounts in a sentence
The Manufacturer shall comply with all obligations in the Underlying Contract with respect to Model Drugs, including without limitation the obligation to reimburse all Applicable Discounts provided by Part D Sponsors for all Model Drugs without regard to the Special Rule for Supplemental Benefits.
The amount for each such failure is the amount CMS determines is commensurate with the sum of the amount that the Manufacturer would have paid with respect to such discounts under this Agreement, which will then be used to pay the Applicable Discounts that the Manufacturer failed to provide, plus an additional twenty- five (25) percent of the amount the Manufacturer would have paid with respect to such discounts under this Agreement.
Applicable Discounts: children, infant and s▇▇▇▇▇’▇ unless stated otherwise in the Attachment(s) to this agreement.
For purposes of this Agreement, the Manufacturer will have failed to pay Applicable Discounts if payment has not been transmitted within thirty-eight (38) calendar days of receipt of the applicable invoice.
Upon the effective date of the termination of this Agreement, CMS will cease releasing data to the Manufacturer under this Agreement, except as necessary to ensure that the Manufacturer reimburses Applicable Discounts for previous time periods in which the Agreement was in effect.