Suspension of payments definition

Suspension of payments means the withholding of all payments due a provider until the resolu- tion of the matter in dispute between the provider and the department.
Sample 1Sample 2Sample 3
Suspension of payments means the temporary cessation of payments due a person until the resolution of a matter in dispute between a person and the department.
Sample 1Sample 2Sample 3
Suspension of payments means the withholding temporary cessation of all payments due a provider person until the resolution of the matter in dispute between the provider person and the department.
Sample 1Sample 2Sample 3

Examples of Suspension of payments in a sentence

  • Suspension of Payments EOHHS may suspend payments to ICOs in accordance with 42 C.F.R. §455.23 and 42 C.F.R. § 422.750, et seq.

  • Suspension of Payments 6.3 Where CP is owed sums by You (whether under these Conditions or otherwise) which are in excess of the amounts payable by CP to You, CP will be entitled to suspend all payments to You under these Conditions until the balance owing to CP has been recouped by way of set off against the payments suspended.

  • Subject to the Purchasing Agency’s rights under the Framework Terms and Conditions relating to the Recovery, Reduction or Suspension of Payments, the Purchasing Agency will pay the Provider for the Services the amounts, and at the times, specified in Appendix 5.

  • Subject to the Purchasing Agency’s rights under the Framework Terms and Conditions relating to the Recovery, Reduction or Suspension of Payments, the Purchasing Agency will pay the Provider for the Services, the amounts at the times specified in Appendix 5.

  • If the Contractor fails to submit the documents or the revised documents referred to in this Clause 2.3.1 by the set deadline or if the submitted new documents are not properly revised, ECMWF reserves the right to suspend payments in accordance with Clause 5.3 (Suspension of Payments).

  • Suspension of Payments SCDHHS may suspend payments to the CICO in accordance with 42 C.F.R. § 455.23, et seq.


More Definitions of Suspension of payments

Suspension of payments any of the following situations: (i) the statement by a Party of their inability to pay for their debts whose expiration date is equal to or less than one year; or (ii) the acceleration of two (2) or more financial obligations of said Party incurred during their activity, or that has at least two (2) enforcement lawsuits against them for the payment of obligations; in any case, the aggregate value of the obligations in question must represent not less than ten percent (10%) of the debtor's total liability; or (iii) the financial situation of such Party in which the sum of their debts is greater than the sum of their assets, valued at market prices; or (iv) the decree of repossessions or precautionary measures which jeopardizes or renders impossible the performance by such Party of their obligations under this Agreement.
Sample 1
Suspension of payments means the withholding of payments due a p rovider until the matter in dispute between the p rovider and the division is resolved.
Sample 1Sample 2
Suspension of payments means the withholding of payments due a provider until the matter in dispute between the provider and the division is resolved .
Sample 1Sample 2
Suspension of payments means suspension des poursuites individuelles within the meaning of the French Commercial Code as interpreted by French courts;
Sample 1
Suspension of payments means the granting by the District Court of Amsterdam on 31 December 2015 of provisional suspension of payments status to the Original Bond issuer.
Sample 1
Suspension of payments. Any other order is made or resolution passed or other action taken for the suspension of payments, protection from creditors or bankruptcy of a Material Group Company.
Sample 1

Related to Suspension of payments

  • Tariff Payment means the payments to be made under Monthly Bills as referred to in Article 10 and the relevant Supplementary Bills;

  • Schedule of Payments means the schedule of payments disclosed on a Contract.

  • Basic Rate of Pay means the incremental step in the Salaries Schedule applicable to an Employee in accordance with the terms of this Collective Agreement, exclusive of all premium payments.

  • Regular rate of pay means the rate of pay the employee was receiving at the time maternity leave commenced, but does not include retroactive adjustment of rate of pay, acting pay, overtime, shift premium or any other form of supplementary compensation.

  • weekly rate of pay means an employee’s annual rate of pay divided by 52.176.

  • Priority of Payments The meaning specified in Section 11.1(a).

  • Actual Rate of Pay means, unless and until the Agency Worker has completed the Qualifying Period, the rate of pay which will be paid for all time worked during an Assignment for each hour worked, as set out in the relevant Assignment Details Form;

  • Guaranty of Payment means each Guaranty of Payment executed and delivered on or after the Closing Date in connection with this Agreement by the Guarantors of Payment, as the same may from time to time be amended, restated or otherwise modified.

  • daily rate of pay means an employee's weekly rate of pay divided by five (5);

  • Final rate of pay means the actual rate upon which earnings of an employee were calculated during the twelve (12) month period immediately preceding the member's effective retirement date, and shall include employee contributions picked up after August 1, 1982, pursuant to KRS 78.610(4). The rate shall be certified to the system by the employer and the following equivalents shall be used to convert the rate to an annual rate: two thousand eighty (2,080) hours for eight (8) hour workdays, one thousand nine hundred fifty (1,950) hours for seven and one-half (7.5) hour workdays, two hundred sixty (260) days, fifty-two (52) weeks, twelve (12) months, one (1) year;

  • Base Rate of Pay means the employee’s hourly rate of pay excluding any premiums, incentives, add-ons or rollups.

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • Annual Rate of Pay means, as of any date, an employee’s annualized base pay rate. An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.

  • Ordinary rate of pay in Clause 17. - Annual Leave means the average rate the employee received for the four weeks preceding the taking of annual leave or the average rate received for the 12 months preceding such leave, whichever shall be the higher, provided that such average shall be computed taking into consideration any extra rates prescribed for night work, etc., and penalty rates for Sunday work where such work is part of the employee's normal working week of five days but excluding any amounts received by way of overtime or holiday penalty rates.

  • Date of Payment means the date on which NYSERDA requisitions a check from its statutory fiscal agent, the Department of Taxation and Finance, to make a Payment.

  • Actual QP Rate of Pay means the rate of pay which will be paid to the Agency Worker if and when s/he completes the Qualifying Period, as set out in any variation to the relevant Assignment Details Form;

  • Place of Payment when used with respect to the Securities of any series, means the place or places where the principal of and any premium and interest on, or any Additional Amounts with respect to, the Securities of that series are payable as specified as contemplated by Section 3.1 and 10.2.

  • Debit Payment means a particular transaction where a debit is made.

  • Restricted Debt Payments has the meaning set forth in Section 6.04(b).

  • Current rate of pay means the member's actual hourly, daily, weekly, biweekly, monthly, or yearly rate of pay converted to an annual rate as defined in final rate of pay. The rate shall be certified by the employer;

  • Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Restricted Payments as defined in Section 7.6.

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

  • Post-Enforcement Priority of Payments means the order of priority pursuant to which the Guarantor Available Funds shall be applied on each Guarantor Payment Date, following the delivery of a Guarantor Default Notice, in accordance with the Intercreditor Agreement.

  • Proof of payment means, as applicable, a copy of the check, confirmation of credit card or debit card payment, confirmation of wire or automated clearinghouse transfer, and any other information required to demonstrate that payment has been made according to EPA requirements, in the amount due, and identified with the Facility name and Docket No. TSCA-04-2023-3006(b).

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.