Invoice Amount Due definition

Invoice Amount Due shall be defined as Net Invoice Amount for invoices paid within discount terms or Gross Invoice Amount plus any interest due for invoices paid beyond discount terms, as applicable. If insurance companies, governmental programs or other payors fail or refuse to pay a claim due to a material error or omission solely caused by CCPI or due to CCPI’s malfeasance, which CCPI is unable to correct, then Physician shall receive a credit to be deducted from any outstanding invoices owed by Physician to TMP for any such refused claims in an amount equal to the Invoice Amount Due per the original invoice for Product. If a Payor fails or refuses to pay a claim due to Physician’s failure to provide adequate documentation, malfeasance, or an error or omission caused by Physician, which Physician is unable to correct, Physician shall remain obligated for full payment of Invoice Amount Due for any invoices owed by Physician for any such refused claims, notwithstanding the Payor’s refusal of the claim. Physician shall pay all invoices not paid within discount terms at Gross Invoice Amount within 30 days after the end of the Net 360 payment term as may be adjusted for any Disputed Worker’s Compensation Claim. Physician shall owe a late fee penalty for any late payment of the Gross Invoice Amount, which shall accrue at an annual rate of twenty percent (20%) compounded monthly or the maximum amount allowed by law, whichever is lower, from the due date of the Gross Invoice Amount until payment is received.
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Examples of Invoice Amount Due in a sentence

  • Upon receipt of funds into CCPI Second Bank Account, CCPI shall transfer funds to TMP for the Invoice Amount Due along with all amounts owed by Physician to TMP under any Net 360 Invoices, which relate to payments received by CCPI from the claims payments made by the Segregated Payors.

  • If insurance companies, governmental programs or other payors fail or refuse to pay a claim due to a material error or omission solely caused by CCPI or due to CCPI’s malfeasance, which CCPI is unable to correct, then Physician shall receive a credit to be deducted from any outstanding invoices owed by Physician to TMP for any such refused claims in an amount equal to the Invoice Amount Due per the original invoice for Product.

  • Date of Invoice Amount Due Date (N/A for unbilled amounts) 1 Excluding CCL + VAT.

  • Term Invoice Timing Expected Invoice Date Invoice Amount Due Subscription Term On signing agreement 10/21/2024 $7,600 net 30 days Except to the extent otherwise expressly stated in this Agreement all obligations to pay subscription Fees are non-cancelable and all payments are non-refundable.

  • Invoice Phase Invoice Amount Due Date Deliverable First Invoice $3800 per participant NLT COB Friday of the First Week of the second month of training (The first report date.) First Month’s Attendance and Course Standing Reports.

  • Within fifteen business days after the end of each month, CCPI shall remit to Physician the Physician’s Payment and shall transfer to TMP (a) the Invoice Amount Due and (b) all amounts owed by Physician to TMP under any Net 360 Invoices, which both (a) and (b) relate to payments received by CCPI from any private payors or Workers’ Compensation payors.

  • If a Payor fails or refuses to pay a claim due to Physician’s failure to provide adequate documentation, malfeasance, or an error or omission caused by Physician, which Physician is unable to correct, Physician shall remain obligated for full payment of Invoice Amount Due for any invoices owed by Physician for any such refused claims, notwithstanding the Payor’s refusal of the claim.

  • Physician shall establish a bank account (the “Physician Bank Account”) to which CCPI shall deposit (as provided in Section 2.2 below) the gross collections of all claims paid by Payors less the Fee (as defined below) less the Invoice Amount Due (as defined below) with respect to Products sold by TMP to Physician (“Physician’s Payment”).

  • For the avoidance of doubt, the Fee shall be in addition to the Invoice Amount Due, which Physician shall owe to TMP and be paid to TMP for Physician’s purchasing of the Products from TMP.

Related to Invoice Amount Due

  • AMOUNT DUE means, the amount which is the total of the purchase price of the lot and the tax payable on it, which a successful tenderer shall have to pay. The purchase price along with tax payable on the storage / purchased quantity in addition to the notified quantity will also be included in it.

  • Total Amount Due means the hammer price in respect of the lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions;

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.