Government Payment definition

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Government Payment means a payment from a governmental entity and shall include, without limitation, payments governed under the Social Security Act (42 U.S.C. §§ 1395 et seq.), including payments under Medicare, Medicaid and TRICARE/CHAMPUS, and payments administered or regulated by the Centers for Medicare and Medicaid Services of Department of Health and Human Services. Upon the Secured Party’s request (which request need be made only once and not on a recurring basis), the Master Tenant will take all reasonable steps to cause each of the Master Tenant’s depository banks to provide to the Secured Party, (A) whether by Internet access or otherwise, on-line screen access to daily activity in the Master Tenant’s deposit accounts, and (B) a copy of each periodic account statement relating to the Master ▇▇▇▇▇▇’s deposit accounts ordinarily furnished by the depository bank to the Master Tenant. The Master ▇▇▇▇▇▇ authorizes and approves of the Secured Party communicating directly with each depository bank that maintains a deposit account for the Master Tenant. If Master Tenant serves as a collection agent for the Government Payments due the Operator(s), the Master Tenant will maintain one or more separate deposit account(s) into which only Government Payments are deposited (collectively, the “Government Receivables Accounts”). The Master Tenant will not commingle in any Government Receivables Account proceeds of accounts from non-governmental sources with proceeds of accounts owing from governmental sources, including Government Payments. The Master Tenant shall cause all Government Payments to be deposited directly into a Government Receivables Account. Prior to causing or allowing any funds to be deposited into any Government Receivables Account, the Master Tenant shall cause a DAISA to be entered into with respect to each Government Receivables Account by and among the Operator, or Master Tenant, if applicable, First Lender, the Secured Party and the depository bank that maintains such Government Receivables Account. Unless otherwise expressly approved by Secured Party and HUD, each DAISA shall instruct the depository bank to initiate a funds transfer each business day, unless the Secured Party approves otherwise, of all available funds in the applicable Government Receivables Account to a non-Government Receivables Account of the Operator or Master Tenant that is then subject to a DACA. Not less than thirty (30) days prior to the effective date thereof, the Master Tenant wil...

Government Payment means a 322 payment from a governmental entity and shall include, without limitation, payments governed 323 under the Social Security Act (42 U.S.C. §§ 1395 et seq.), including payments under Medicare, 324 Medicaid and TRICARE/CHAMPUS, and payments administered or regulated by the Centers 325 for Medicare and Medicaid Services of the U.S. Department of Health and Human Services. 326 327 3. COMPLIANCE WITH LAWS. Operator shall comply with the requirements of 328 all valid and applicable federal, state and local laws. 329

Examples of Government Payment in a sentence

Each Party represents that it has obtained, or may obtain, independent Tax and Government Payment Program advice with respect thereto and upon which it, if so obtained, has solely relied.
None of the Parties (nor such Parties’ counsel or accountants) has made or is making in this Agreement any representation to any other Party (or such Party’s counsel or accountants) concerning any of the Tax or Government Payment Program effects or consequences on the other Party of the transactions provided for in this Agreement.
None of the Parties (nor such Parties’ counsel or accountants) has made or is making in this Agreement any representation to any other Party (or such Party’s counsel or accountants) concerning any of the Tax or Government Payment Programs effects or consequences on the other Party of the transactions provided for in this Agreement.
Each of the Hospitals has current and valid provider Contracts with the Government Payment Programs and/or their fiscal intermediaries, administrative contractors or paying agents or is otherwise properly enrolled in the Government Payment Programs and, to Seller’s knowledge, complies with the conditions of participation therein except to the extent that a failure to so comply would not have a Material Adverse Effect.
Each party represents that it has obtained, or may obtain, independent Tax and Government Payment Program advice with respect thereto and upon which it, if so obtained, has solely relied.
As part of the Assets acquired by Buyer hereunder, Buyer, after Closing, shall be entitled to receive from the Government Payment Programs and Blue Cross Blue Shield of Michigan all Cost Report settlements (including capital costs, indirect medical education and disproportionate share payments), whether for discharges occurring prior to, on or after the Closing Date.
Each Party represents that it has obtained, or may obtain, independent Tax and Government Payment Programs advice with respect thereto and upon which it, if so obtained, has solely relied.
None of the Parties (nor such Parties' counsel or accountants) has made or is making in this Agreement any representation to any other Party (or such Party's counsel or accountants) concerning any of the Tax or Government Payment Program effects or consequences on the other Party of the transactions provided for in this Agreement.
Seller has not received notice of any dispute or claim by any Governmental Authority, fiscal intermediary or other Person regarding the Government Payment Programs, or the Hospitals’ participation therein that remains outstanding or unresolved.
No member of the medical staff of the Hospital has been excluded from participation in any Government Payment Program.

More Definitions of Government Payment

Government Payment means all federal, state and local government payments, benefits and entitlements associated with or applicable to the Property or any crops grown thereon, including without limitation any applicable direct payments or counter-cyclical payments under the Farm Security and Rural Investment Act of 2002, as amended.

Government Payment means any mandatory rebate imposed by, or any sum to be paid to, any national, supra-national, regional, state or local regulatory agency, department, bureau, commission, council or other governmental entity with respect to, in whole or in part, the Finished Product to the extent identified on the relevant invoice or through other written, verifiable evidence.