OMFS definition
Examples of OMFS in a sentence
The consulting specialist charges are subject to the Official Medical Fees Schedule (OMFS).
The execution and delivery of this Agreement have been authorized by the directors of OMFS and signed by an officer of OMFS, acting as such, and neither such authorization by such directors nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the property of OMFS as provided in its Charter.
In no event shall BNY be liable to OMFS or any third party for special, indirect or consequential damages, or lost profits or loss of business, arising under or in connection with this Agreement, even if previously informed of the possibility of such damages and regardless of the form of action.
Upon termination hereof, OMFS shall pay to BNY such compensation as may be due as of the date of such termination, and shall reimburse BNY for any disbursements and expenses made or incurred by BNY and payable or reimbursable hereunder.
It is expressly understood and acknowledged that counsel to the Funds or to OMFS shall be under no obligation to provide advice or an opinion to BNY with respect to any matter.
BNY warrants and represents that it has disaster recovery plans reasonably designed to meet current regulatory requirements and upon request of OMFS or the Funds, BNY shall provide evidence of its disaster recovery plan.
Each such person is authorized to give written or oral instructions or written or oral specifications by or on behalf of OMFS to the Bank.
BNY shall not be liable to OMFS for any loss or damage arising out of, or in connection with, the actions or omissions to act of any unaffiliated delegee or agent utilized hereunder, so long as BNY acts in good faith and without negligence or wilful misconduct in the selection of such delegee or agent.
This will apply to up to three (3) Chief Residents in Medicine, up to two (2) Chief Residents in Emergency Medicine and up to three (3) Chief Residents in OMFS.
The precise compliance review and testing services to be provided shall be as mutually agreed between BNY and OMFS, and the results of BNY’s Compliance Services shall be detailed in a compliance summary report (the “Compliance Summary Report”) prepared on a periodic basis as mutually agreed.