Incorrect Payments definition
Examples of Incorrect Payments in a sentence
If from time to time payments of monies are incorrectly paid into the Trustee Collection Account ("INCORRECT PAYMENTS"), such monies may incorrectly be deemed to be Collections representing Trust Property and allocated in a manner consistent with the principles set out in the First Schedule (as amended by any Supplement) unless prior to such allocation the Receivables Trustee is notified by the Trust Cash Manager or any Co-Trust Cash Manager that such monies are Incorrect Payments.
If from time to time payments of monies are incorrectly deemed to be Trust Property and paid into the Trustee Collection Account ("INCORRECT PAYMENTS"), such monies may be deemed to be Collections representing Trust Property and allocated in a manner consistent with this Deed (as amended by any Supplement) unless prior to such allocation the Receivables Trustee is notified by the Trust Cash Manager or any Co-Trust Cash Manager that such monies are Incorrect Payments.
Unless notified by the Trust Cash Manager as Incorrect Payments the Receivables Trustee will regard all monies in the Trustee Collection Account as Collections in respect of Receivables assigned to the Receivables Trustee.
If from time to time payments of monies are incorrectly deemed to be Trust Property and paid into the Trustee Collection Account ("Incorrect Payments"), such monies may be deemed to be Collections representing Trust Property and allocated in a manner consistent with this Deed (as amended by any Supplement) unless prior to such allocation the Receivables Trustee is notified by the Servicer that such monies are Incorrect Payments.
If from time to time payments of monies are incorrectly deemed to be Trust Property and paid into the Trustee Collection Account ("INCORRECT PAYMENTS"), such monies may be deemed to be Collections representing Trust Property and allocated in a manner consistent with this Deed (as amended by any Supplement) unless prior to such allocation the Receivables Trustee is notified by the Servicer that such monies are Incorrect Payments.
CPC – 0042 Claims Reprocessing Timeliness (Incorrect Payments or Denials) Reprocess and finalize 98% of claims that were incorrectly paid or denied within thirty (30) calendar days of discovery or as directed by the State.
Where such an adjustment is required to be made, the Cash Administrator will notify Noteholders and/or Certificateholders (as applicable) of the same in accordance with the terms of Notes Conditions 6 (Incorrect Payments) and 13 (Notice to Noteholders).
The audit requirements in Section 3.13(a) (Audit for Payment Reports; Incorrect Payments) shall apply, mutatis mutandis to each audit conducted in this Section 3.13(b) (Audit Relating to Supply Price).
If from time to time payments of monies are incorrectly deemed to be Trust Property and paid into the Trustee Collection Account (Incorrect Payments), such monies may be deemed to be Collections representing Trust Property and allocated in a manner consistent with this Deed (as amended by any Trust Supplement) unless prior to such allocation the Receivables Trustee is notified by the Servicer that such monies are Incorrect Payments.
In the event that, after good faith joint efforts, GP and the Buyer are unable to agree on one or more of the Estimated Net Working Capital, Estimated Pre-Closing Capital Expenditures, the Estimated Indebtedness, the Estimated Deemed Revolver Interest Amount, the Estimated Net Cash Advances or the Estimated Net Incorrect Payments, each such item in dispute shall be determined by taking the average of the estimations of such item by GP and the Buyer.