Override Payment definition

Override Payment means the sum payable by the Provider to the Company as agreed between the Company and the Provider during the extranet sign up process or as otherwise agreed from time to time;
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Examples of Override Payment in a sentence

  • After receipt of any Volume Override Payment Determination or Profit Participation Payment Determination, the Executive may request from the Company an audit of the determination (a "Payment Audit"), which Payment Audit shall be performed by the Company's independent public accountants at such time.

  • The Company shall bear the cost of any Payment Audit requested by the Executive under this Section 6(c)(iv); provided, however, that if the Volume Override Payment or Profit Participation Payment determined by the Company's independent public accountants after conducting the Payment Audit is not more than one percent (1%) greater than amount of the Volume Override Payment or Profit Participation Payment in the Payment Determination, the Executive shall bear the full cost of the Payment Audit.

  • The Company shall pay any Volume Override Payment due the Executive on a quarterly basis in a lump sum no later than 30 days after the end of each fiscal quarter to which the Volume Override Payment relates.

  • Any request by the Executive for a Payment Audit must be in writing and must be received by the Company within 30 days of the Executive's receipt of the Volume Override Payment Determination or Profit Participation Payment Determination to which the request for a Payment Audit relates.

  • Within 60 days after the end of each fiscal year during the term of this Agreement, the Company shall determine the amount of any Volume Override Payment and Profit Participation Payment due to the Executive (a "Payment Determination") and furnish the Payment Determination to the Executive together with information respecting the basis for such Payment Determination.

  • For each fiscal quarter of the Company during the term of this Agreement, the Executive shall receive in cash an amount equal to one-quarter (0.25) of a basis point of Origination Volume of loan production of the Eastern Division (the "Volume Override Payment").

  • The Expense Override Payment shall be payable simultaneously with the Finder's Fee in Article IV (1).

  • The Expense Override Payment will be the product of the Expense Override Rate times the Gross Premiums Written for the Contracts listed in Exhibit D for the Annual Period ending on the applicable September 30th.

  • Within ten (10) days after the end of each fiscal quarter during the term of this Agreement, the Company shall determine the amount of any Volume Override Payment due to the Executive (a "Volume Override Payment Determination") and furnish the Volume Override Payment Determination to the Executive together with information reflecting the basis for the determination.

  • As of each September 30th, RUM will pay to the Company an Expense Override Payment in consideration of the Aggregate Loss Ratio Cap provided by the Company in Article V (2) above.

Related to Override Payment

  • PRE-PAYMENT The Tenant shall: (check one)

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Incentive Payment means the payments made pursuant to Section VII.E.

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.