Conditional Payments definition

Conditional Payments means the Manager Conditional Payment and the Underwriter Conditional Payment.

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Conditional Payments. Shall have the meaning ascribed in Clause 2.2

Conditional Payments has the meaning ascribed to it under the MSP Statute and implementing regulations. “MMSEA” means the Medicare, Medicaid, and SCHIP Extension Act of 2007 (P.L. 110-173), which, in part, amended the Medicare Secondary ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇ ▇.▇.▇. § ▇▇▇▇▇(▇)(▇) and (8). This portion of MMSEA is referred to herein as “Section 111 of MMSEA.” “MSP Statute” means the Medicare Secondary Payer (“MSP”) statute. 42 U.S.C. § 1395y(b). “Released Matter” and “Released Matters” mean any released accident, occurrence, injury, illness, disease, loss, claim, demand, or damages subject to this Agreement and the releases herein. “Releasee” means Calyxt, as fully defined in paragraph 2 of this Agreement, above. ▇▇▇▇▇ represents and warrants that he is not enrolled in the Medicare program, was not enrolled in the Medicare program at the time of the Released Matters or thereafter through the date of this Agreement, and has not received Medicare benefits for medical services or items arising from or in connection with the Released Matters. ▇▇▇▇▇ further represents and warrants that no Medicaid payments have been made to him or on her behalf and that no liens, claims, demands, subrogated interests, or causes of action of any nature or character exist or have been asserted arising from or related to any Released Matters. ▇▇▇▇▇ further agrees that he, and not the Releasee, is responsible for satisfying all such liens, claims, demands, subrogated interests, or causes of action that may exist or have been asserted or that may in the future exist or be asserted. Finally, ▇▇▇▇▇ agrees to indemnify and hold harmless the Releasee from any and all claims, demands, liens, subrogated interests, and causes of action of any nature or character that have been or may in the future be asserted by Medicare and/or persons or entities acting on behalf of Medicare, or any other person or entity, arising from or related to this Agreement, the payment of the Settlement Sum, any Conditional Payments made by Medicare, or any medical expenses or payments arising from or related to any Released Matters that are subject to this Agreement or the release set forth herein, including but not limited to: (i) all claims for reimbursement of Conditional Payments or for damages or double damages based upon failure to reimburse Medicare for Conditional Payments; (ii) all claims for penalties based upon any failure to report, late reporting, or other noncompliance with Section 111 of MMSEA that is based in whole or in ...

Examples of Conditional Payments in a sentence

• The Executive acknowledges and agrees that it is the Executive’s responsibility pursuant to this Release, and not the responsibility of Releasees, to reimburse Medicare for any Conditional Payments made by Medicare on behalf of the Executive as of the date of this Agreement or in the future.

• To the extent the Trust is required to pay the Manager any Incentive Fees pursuant to the terms of the Management Agreement at any time subsequent to February 1, 2013, the Trust shall also pay the Manager and the Underwriters all or part of any outstanding Manager Offering Payments and Conditional Payments, respectively, in an amount equal to $10 in Manager Offering Payments for every $100 in Incentive Fees and $20 in Conditional Payments for every $100 in Incentive Fees.

• Notwithstanding the foregoing, the aggregate amount of such Manager Offering Payments and Conditional Payments in any twelve month period from and after February 1, 2013 shall not exceed $980,422 and $1,960,844, respectively.

• Notwithstanding anything to the contrary contained in this Section 5(b), if, pursuant to an arbitration under Section 10(d), an arbitration panel determines that Executive was not entitled to all or any portion of the Conditional Payments, then Executive shall promptly reimburse such Conditional Payments to the Company within thirty (30) days after the date upon which such arbitration panel renders its award.

• Copies of correspondence from and to CMS/MSPRC relating to Conditional Payments made by Medicare associated with Plaintiff’s alleged injuries and all of the facts alleged in Plaintiff’s complaint.

• If any Conditional Payments have been made by Medicare, the Participating Class Member’s settlement payment will first be used to satisfy Medicare’s reimbursement rights under the Medicare Secondary Payer statute, and any excess settlement payment funds, after the Conditional Payments are satisfied, will be made to the Participating Class Member.

• Purchaser agrees that the Purchase Price hereunder will be increased pro rata in the event the purchase price payable to such seller (other than the Conditional Payments) is increased.

• If at any time during the pendency of any such arbitration the Company fails to pay and provide all Conditional Payments to the Executive in a timely manner, the Company will be deemed to have automatically waived whatever rights it then may have had to terminate the Executive’s employment for Cause and the Company’s notice of termination will be deemed to be automatically rescinded.

• Medicare may also assert a recovery claim, if appropriate, based on Conditional Payments made by Medicare within the meaning of 42 U.S.C. § 1395y(b)(2).

• Defendants shall use such information solely for purposes of determining whether Medicare has made any Conditional Payments on behalf of a particular Participating Class Member, and for no other purpose.

More Definitions of Conditional Payments

Conditional Payments has the meaning set out in Section 2.2. “Conditions Certificates” has the meaning set out in Section 7.3.

Conditional Payments has the meaning set forth in Section 4.10.

Conditional Payments means those payments from State to Contractor for Contractors efforts in investigating, negotiating, and closing the file for any existing Medicare claim conditional payments or liens.

Conditional Payments shall have the meaning ascribed to it under the MSP Statute and implementing regulations.