Calculation of Payment for Covered Services Sample Clauses

Calculation of Payment for Covered Services. Payor shall calculate Physician’s payments for Covered Services as the lesser of Physician’s billed charge for the service or the Payor’s proposed fee schedule, reduced by any copayments, deductibles or coinsurance applicable to the service rendered (whether or not the Physician has attempted to collect or has received payment of any such copayments, deductibles or coinsurance). Physician agrees that the payment provided by this Section 3.6 shall be the Physician’s sole source of compensation with respect to this Product’s Covered Services except for copayments, deductibles or coinsurance; collection of payment for any Covered Services delivered to a Beneficiary after the expiration of that Beneficiary’s Plan benefits; non-covered services; and collection of amounts owing by other payors after application of a coordination of benefits provision.
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Related to Calculation of Payment for Covered Services

  • Coordination of Payments The Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable or payable or reimbursable as Expenses hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise.

  • Terms of Payment 16.1 The Supplier shall request for payment by submitting invoice(s), delivery note(s) and any other relevant documents as specified in the SCC to the Procuring Entity. 16.2 Payments shall be made promptly by the Procuring Entity, but not later than thirty (30) days after submission of an invoice by the Supplier, and after the Procuring Entity has accepted it.

  • Termination of Payments Notwithstanding section 2.2, no payments shall be due to Purchaser xXxx Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

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