Commercial Program definition
Examples of Commercial Program in a sentence
The SpinCo Group shall have the option, in its sole discretion, to either (i) reasonably negotiate and enter into a commercial license for the applicable Parent Commercial Program or (ii) wind down and cease use of such Parent Commercial Program in a reasonable period of time, as agreed by the senior executives in good faith.
If the senior executives mutually agree that the SpinCo Group is using such Parent Commercial Program without a commercial license, Parent will offer the SpinCo Group a commercial license on reasonable terms for the SpinCo Group’s continued use of the applicable Parent Commercial Program.
Within thirty (30) days following such meeting, SpinCo Group’s senior executive shall conduct an investigation of the matter to determine whether there is any ongoing use of such Parent Commercial Program, without a commercial license from the Parent Group.
You agree to use and comply with Marketing Materials and Activities to the extent provided for by Commercial Program Agreements.
CIN will not initially negotiate fees with any Payers, and will limit its negotiations of Commercial Program Agreements to those involving shared savings and similar arrangements.
You agree to comply with the terms of each applicable Commercial Program Agreement, and You agree to sign, and to the extent necessary, have Your Providers sign, any documents required by CIN or a Payer to evidence that agreement.
CIN may be eligible for Incentive Awards in accordance with the terms of the MSSP or a Commercial Program Agreement.
This Agreement is intended to serve as a master agreement governing the relationship between CIN and You with respect to the MSSP and any Commercial Program Agreements.
The termination of a given Commercial Program Agreement will automatically terminate the participation of You and each of Your Providers in that particular Commercial Program Agreement.
Commercial Program Agreements or the MSSP may require You to submit to an audit to evaluate the records, data and other information created or used by CIN, You, Your Providers, and other individuals or entities performing CIN Activities that pertain to a Commercial Program or the provision of MSSP Services.