Third Party Payor definition
Examples of Third Party Payor in a sentence
There currently exist no material restrictions, deficiencies, required plans of correction or other such remedial measures with respect to any Health Care Permit of the Seller, or its participation in any Third Party Payor Program, except for such restrictions, deficiencies, required plans of correction or other such remedial measures that would not reasonably be expected to result in a Material Adverse Effect.
Except where the failure to comply with any applicable Health Care Law could not reasonably be expected to have a Material Adverse Effect, each Seller-Related Party has complied with all Health Care Laws and requirements of Third Party Payor Programs applicable to it, its assets, business or operations.
Except where the failure to comply with any applicable Health Care Law could not reasonably be expected to have a Material Adverse Effect, the Seller has complied with all Health Care Laws and requirements of Third Party Payor Programs applicable to it, its assets, business or operations.
There are no pending (or, to the knowledge of the Seller, threatened in writing) actions, suits, proceedings or investigations against or affecting the Seller relating to any actual or alleged non-compliance by the Seller with any Health Care Law or requirement of any Third Party Payor Program that would reasonably be expected to have, in the aggregate, a Material Adverse Effect.
Each Seller-Related Party holds in full force and effect all Third Party Payor Authorizations necessary to participate in and be reimbursed by all Third Party Payor Programs in which such Seller-Related Party participates, except where such failure would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.