Recoupment Claim definition

Recoupment Claim means any recoupment or overpayment, set-off, penalty, fine, assessment or other amount pending or threatened by any third-party payor or Governmental Authority having jurisdiction against the Company, the Sellers, any pharmacist, or the Business for amounts arising from or related to payments to, or violations of Law by the Company, the Business, the Sellers, any pharmacist, or any other Person providing services on behalf of any of the foregoing, at any time on or prior to the Closing Date.

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Recoupment Claim means any recoupment or overpayment, set-off, penalty or fine pending or, to the knowledge of the Companies and the Sellers, threatened by any third-party payor or governmental authority having jurisdiction over the Companies for amounts arising from or related to payments to the Companies for services rendered prior to the Closing.

Recoupment Claim shall have the meaning set forth in the Securities Purchase Agreement.

Examples of Recoupment Claim in a sentence

• The Purchaser further agrees to promptly respond to any reasonable inquiries made by any Seller or Stockholder as to the status of any such Recoupment Claim.

• Notwithstanding the provisions of Section 11.03, the Purchaser agrees that, at its sole cost and expense, the Purchaser shall take all action it may deem necessary, desirable and appropriate to defend and settle any Recoupment Claim, other than those for which payment has been received by the Sellers, the Facilities or the Practice, as applicable, prior to the Closing.

• For purposes of this Section 2.33 the term "Recoupment Claim" shall mean any recoupment or overpayment, set-off, penalty or fine, pending or to the knowledge of DAP and the Sellers threatened by any third-party payor or governmental authority having jurisdiction over DAP for amounts arising from or related to payments to DAP for services rendered prior to the Closing.

• For purposes of this Section 2.29 the term "Recoupment Claim" shall mean any recoupment or overpayment, set-off, penalty or fine, pending or to the knowledge of Gulf Coast and the Sellers threatened by any third-party payor or governmental authority having jurisdiction over Gulf Coast for amounts arising from or related to payments to Gulf Coast for services rendered prior to the Closing.

• For purposes of this Section 2.28 the term "Recoupment Claim" shall mean any recoupment or overpayment, set-off, penalty or fine, pending or, to the knowledge of each Unipath Entity and each Seller, threatened by any third-party payor or governmental authority having jurisdiction over any Unipath Entity for amounts arising from or related to payments to any Unipath Entity for services rendered prior to the Closing.

More Definitions of Recoupment Claim

Recoupment Claim means any recoupment or overpayment, set-off, penalty or fine, pending or to the knowledge of DAP and the Sellers threatened by any third-party payor or governmental authority having jurisdiction over DAP for amounts arising from or related to payments to DAP for services rendered prior to the Closing.

Recoupment Claim means any recoupment or overpayment, set-off, penalty or fine, pending or to the knowledge of Gulf Coast and the Sellers threatened by any third-party payor or governmental authority having jurisdiction over Gulf Coast for amounts arising from or related to payments to Gulf Coast for services rendered prior to the Closing.

Recoupment Claim means any recoupment or overpayment, set-off, penalty or fine pending or threatened by any third-party payor or governmental authority having jurisdiction over the Practice for amounts arising from or related to payments to the Practice for services rendered prior to the Effective Date.

Recoupment Claim means any recoupment or overpayment, set-off, penalty or fine, pending or to the knowledge of CP&I and the Seller threatened by any third-party payor or governmental authority having jurisdiction over CP&I for amounts arising from or related to payments to CP&I for services rendered prior to the Closing.

Recoupment Claim means any recoupment or overpayment, set-off, penalty or fine, pending or to the knowledge of SLA and the Sellers threatened by any third-party payor or governmental authority having jurisdiction over SLA for amounts arising from or related to payments to SLA for services rendered prior to the Closing.

Recoupment Claim means any recoupment or overpayment, set-off, penalty or fine, pending or, to the knowledge of each Unipath Entity and each Seller, threatened by any third-party payor or governmental authority having jurisdiction over any Unipath Entity for amounts arising from or related to payments to any Unipath Entity for services rendered prior to the Closing.

Recoupment Claim means any recoupment or overpayment, set-off, penalty or fine, pending or, to the knowledge of Richfield and each Seller, threatened by any third-party payor or governmental authority having jurisdiction over Richfield for amounts arising from or related to payments to Richfield for services rendered prior to the Closing.