PIP Payment definition
Examples of PIP Payment in a sentence
The amount of PIP Payments valued and owed to SEARHC as described in the prior sentence shall promptly be paid to SEARHC by the City if the City receives the PIP Payment from the payor, and the amount valued and owed to the City as described in the prior sentence (“City PIP Payments”) shall promptly be paid to the City if SEARHC receives the PIP Payment.
From the Hospital Account, INTERMEDIARY shall pay Contracting Hospitals, monthly in 35 arrears, the “Periodic Interim Payment” (herein after referred to as PIP Payment) specified in Exhibits 36 D-1 through D-3 to the Agreement.
On or about the PIP Payment Date, but in any event prior to March 15, 2015, the Company will deliver to the Grantee the payment amount described in Section 1.1 in respect of each Performance Unit that has not been forfeited (the date of such payment, the “Payment Date”).
From the Hospital Account, INTERMEDIARY shall pay Contracting Hospitals, monthly in 15 arrears, the “Periodic Interim Payment” (herein after referred to as PIP Payment) specified in Exhibits 16 D-1 through D-3 to the Agreement.
If PIP payments are to be revised, ADMINISTRATOR shall provide the data 16 received from the Intermediary to HASC and HOSPITAL and shall notify HASC and HOSPITAL of 17 COUNTY’S intent prior to revising the PIP Payment; provided, however, that the total of all PIP 18 payments shall not exceed one-twelfth (1/12) of eighty percent (80%) of total Hospital Funding per 19 month.