PARTNER PAYMENT definition

PARTNER PAYMENT. The payments tied directly to provider reporting, measures, and Scope of Work agreements. Partners must submit a complete and timely report each quarter. Pay for Reporting Process Outcomes (Y1 Q1-3, 2019): The payments tied directly to partner reporting of process outcomes related to key milestones in agreed upon Scope of Work. Pay for Reporting Outcome Performance (Y1 Q1, 2019 - Y2 Q1-4, 2021): The payments tied directly to partner performance. Beginning in ▇▇ ▇-▇, mutually agreed upon performance outcome measures, as outlined in a statement of work, will be tied to a scheduled performance payment. Payment Schedule: Payments transactions will be on a quarterly basis, based on meeting reporting and performance requirements.
View Source
PARTNER PAYMENT means all development fees, milestone payments, lump-sum initial license fees or similar fees or payment amounts received by the Company from any Marketing Partner, in each case net of costs, payments to development partners or other third parties and such amount of retained capital as Board shall determine to be necessary for operational purposes (including but not limited to any required reserves established by the Board). Amounts paid as an advance of license fees, for which the Marketing Partner receives a credit applicable to future license fees due on Product sale, shall not be deemed a Partner Payment.
View Source

Examples of PARTNER PAYMENT in a sentence

  • This Agreement shall be effective during a period (the "SV PARTNER PAYMENT PERIOD") that commences as of the Effective Date and ends with the first to occur of: (i) an SV Partner Default; (ii) a transfer of the Card Assets by ▇▇▇▇▇▇▇ to SV Partner or its designee pursuant to the terms of this ARTICLE 8; or (iii) a termination of the Cardholder Agreements and closure of Card Accounts, either together with or independent of any transfer of Card Assets, pursuant to the terms of this ARTICLE S.

  • ANNEX 1: PARTNER PAYMENT REQUEST FORM Cc: [INSERT {DFID PROJECT MANAGER}, { COUNTRY/DEPARTMENT}] When submitting this payment request the Partner must include the following supporting documentation: Detailed project financial reports that set out in both cash and resource terms actual expenditure to date against the approved project budget and quarterly forecast expenditure for DFIDs financial year (1 April-31 March).

  • Technical Committee..............................................41 ARTICLE VIII COMPENSATION OF GENERAL PARTNER; PAYMENT OF PARTNERSHIP EXPENSES.........................................43 8.01.

  • ANNEX 1: PARTNER PAYMENT REQUEST FORM When submitting this payment request the Partner must include the following supporting documentation: Detailed project financial reports that set out in both cash and resource terms actual expenditure to date against the approved project budget and quarterly forecast expenditure for DFIDs financial year (1 April-31 March).