Claim Payment definition
Claim Payment means the payment issued by Defendant to Settlement Class Members who submit valid and timely claims.
Claim Payment means the benefit payment calculated by Blue Cross and Blue Shield, after submission of a Claim, in accordance with the benefits described in this Policy. All Claim Payments will be calculated on the basis of the Allowable Amount for Covered Services rendered to a Covered Person, regardless of any separate financial arrangement between Blue Cross and Blue Shield and a particular Provider. (See provisions of this Policy regarding “Blue Cross and Blue Shield's Separate Financial Arrangements with Providers.”)
Claim Payment means an amount payable to you under the Policy to compensate you for the credit losses you have sustained from unpaid insured receivables.
Examples of Claim Payment in a sentence
Upon the receipt by any Obligor of a Claim Payment, such Obligor shall prepay, or cause to be prepaid, the Lender Indebtedness upon a Claim Payment in an amount equal to [***] (such prepayment, a “Mandatory Claim Prepayment”).
More Definitions of Claim Payment
Claim Payment means a payment made by the Insurer in respect of a Claim.
Claim Payment means the benefit calculated by Claim Administrator, plus any related Surcharges, upon submission of a Claim, in accordance with the benefits specified in the Plan for which Claim Administrator has agreed to provide administrative services. All Claim Payments shall be calculated on the basis of the Provider’s Allowable Amount, in accordance with the benefit coverage(s) elected on the most current ASO BPA, for Covered Services rendered to the Covered Person. The term “Claim Payment” also includes Employer’s share of Alternative Provider Compensation Arrangement Payments, whether billed to Employer as part of a Claim or billed separately, as described in the definition of “Alternative Provider Compensation Arrangement Payments.”
Claim Payment shall have the meaning given in Paragraph 38.
Claim Payment means a payment made by EXIM Bank with respect to a Claim or a portion thereof. "Claim Payment Date" shall mean the date on which EXIM Bank makes a Claim Payment. BBC Trigger.
Claim Payment means the amount We agree to pay You for a claim arising from an insured cause. This may be by way of money or We have the option to settle the claim by way of replacement, reinstatement or repair. The maximum amount we will pay for any one claim is the Limit of Indemnity.
Claim Payment means the Payment of claim to the providers under the scheme based on the smart card transaction received by the insurer from the health providers.
Claim Payment means the Settlement Class Member Payment issued by GEICO or the Settlement Administrator to Settlement Class Members who submit valid and timely claims as set forth in Paragraph 148.