Charging of Payments. A Bank may, after the occurrence of an Event of Default, at its option, set-off and apply to the Obligations and otherwise exercise its rights of recoupment as to any and all (i) balances and deposits of Borrower held by such Bank, (ii) indebtedness and other obligations at any time owing to or for the credit or the account of Borrower by such Bank and by any of such Bank’s Affiliates. A Bank may, after notice to Borrower at its option, also charge all payments required to be made on any of the Obligations against the Revolving Facility. If a Bank charges the aforementioned payments against the Revolving Facility, the same shall be deemed an Advance thereunder and the amount of the Advance shall thereafter accrue interest at the interest rate applicable from time to time to Advances; and if a Bank charges payments as aforesaid, such Bank may, in its discretion, limit, declare a moratorium on and terminate Borrower’s right under this Agreement to receive additional Advances, after notice to Borrower and each other Bank, and a Bank’s decision to do one of the foregoing does not prevent it from later doing any one or more of the others.
Charging of Payments. Blue Shield shall charge against the POS In-Network Shared Savings Fund all payments made by Blue Shield for such BSC POS Members during the annual term of the Agreement for In-Network services which are designated as Shared Savings Services in Exhibit B, less payments received by Blue Shield as a result of third-party reimbursement, Workers’ Compensation recoveries and coordination of benefits payments. Blue Shield shall include any payments for Shared Savings Services which are paid prior to the date of the settlement, as well as a reasonable allowance, as determined by Blue Shield’s actuaries, for incurred but not paid (IBNP) claims. Any costs for Shared Savings Services not included in any annual settlement shall be carried forward and included in the Shared Savings settlement for the succeeding Agreement Year.
Charging of Payments. Bank may, at its option, set-off and apply to the Obligations and otherwise exercise its rights of recoupment as to any and all (i) balances and deposits of Borrower held by Bank, (ii) indebtedness and other obligations at any time owing to or for the credit or the account of Borrower by Bank and by any of Bank’s Affiliates. Bank may, at its option, also charge all payments required to be made on any of the Obligations against the Committed Revolving Line. If Bank charges the aforementioned payments against the Committed Revolving Line, the same shall be deemed an Advance thereunder and the amount of the Advance shall thereafter accrue interest at the interest rate applicable from time to time to Advances; and if Bank charges payments as aforesaid, Bank may, in its discretion, limit, declare a moratorium on and terminate Borrower’s right under this Agreement to receive additional Advances, all without prior notice to Borrower, unless notice is otherwise specifically required under this Agreement – and Bank’s decision to do one of the foregoing does not prevent it from later doing any one or more of the others.
Charging of Payments. Bank may, at its option, set-off and apply to the Obligations which are then due and payable and otherwise exercise its rights of recoupment as to any and all (i) balances and deposits of Borrower held by Bank, (ii) indebtedness and other obligations at any time owing to or for the credit or the account of Borrower by Bank and by any of Bank’s Affiliates.
Charging of Payments. Debts and expenses paid by the Trustees, as authorized above, shall first be charged against and paid from assets or the proceeds from assets subject to the federal estate tax on the deceased Settlor’s estate but which do not qualify for the marital deduction. If possible, those payments shall not be made from or charged against property otherwise qualifying for the federal estate tax marital deduction or property exempt from GST tax, but shall be made from other trust property. Those amounts shall not be prorated or apportioned against any beneficiary’s interest under this Trust Agreement. The Trustees shall also make payments in a manner to preserve, in so far as is possible, all tax exemptions applicable to life insurance proceeds that become part of the trust estate. In allocating the payment of expenses, the Trustees shall have the power to determine which expenses are chargeable to income or principal or partly to each. In making these determinations, the Trustees shall be guided by the principles set forth in the California Uniform Principal and Income Act, but the final determination of the Trustees shall control and be binding.
Charging of Payments. Health Plan will charge against the Pharmacy Risk Sharing Fund the actual cost paid by Health Plan for outpatient prescription drug services provided to Enrollees assigned to Physician Group, as well as a reasonable allowance, as determined by Health Plan’s actuaries, for incurred but not paid (IBNP) outpatient prescription drug claims. Pharmacy costs include the ingredient cost for Covered Services rendered to Enrollees for which the Pharmacy Risk Sharing Fund is financially responsible per Attachment A-3, professional dispensing fees paid to participating pharmacies, less associated pharmacy Copayment revenue. Any costs for outpatient prescription drug services not included in any annual settlement shall be carried forward and included in the Pharmacy Risk Sharing Program settlement for the succeeding
Charging of Payments. Health Plan will charge against the Pharmacy Risk Sharing Fund the actual cost paid by Health Plan for outpatient prescription drug services provided to Enrollees assigned to Physician Group, as well as a reasonable allowance, as determined by Health Plan’s actuaries, for incurred but not paid (IBNP) outpatient prescription drug claims. Pharmacy costs include the ingredient cost for Covered Services rendered to Enrollees for which the Pharmacy Risk Sharing Fund is financially responsible per Attachment A, professional dispensing fees paid to participating pharmacies, less associated pharmacy Copayment revenue. Any costs for outpatient prescription drug services not included in any annual settlement shall be carried forward and included in the Pharmacy Risk Sharing Program settlement for the succeeding calendar year. In addition, if this Agreement is replaced or superceded by any other agreement between the parties which contained a risk sharing arrangement for similar services; then the following shall also be charged against the Shared Savings Fund described herein: (i) any deficit in the final settlement of that risk sharing arrangement and, (ii) any claims for risk services which were incurred but not included in the settlement of the risk arrangement in the prior agreement.
Charging of Payments. Upon the occurrence and during the continuation of an Event of Default hereunder, Bank may, at its option, set-off and apply to the Obligations and otherwise exercise its rights of recoupment as to any and all (i) balances and deposits of Borrower held by Bank and (ii) indebtedness and other obligations at any time owing to or for the credit or the account of Borrower by Bank and by any of Bank’s Affiliates. Bank may, at its option, upon the occurrence and during the continuation of an Event of Default, also charge all payments required to be made on any of the Obligations against the Revolving Facility. If Bank charges the aforementioned payments against the Revolving Facility, the same shall be deemed an Advance thereunder and the amount of the Advance shall thereafter accrue interest at the interest rate applicable from time to time to Advances; and if Bank charges payments as aforesaid, Bank may, in its discretion, limit, declare a moratorium on and terminate Borrower’s right under this Agreement to receive additional Advances, all without prior notice to Borrower, unless notice is otherwise specifically required under this Agreement – and Bank’s decision to do one of the foregoing does not prevent it from later doing any one or more of the others.
Charging of Payments. In the event that the Administrative Agent or any Lender makes any payment in respect of the Letter of Credit Guaranty and the A Borrowers shall not have repaid such amount to the Administrative Agent (such repayment to be effected, at the A Borrowers' option, with either cash on hand or the proceeds of the Term Loan A funded in accordance with Section 2.01(a)(ii) and (iii)), the Administrative Agent shall charge the Loan Account A in the amount of the Reimbursement Obligation so paid, in accordance with Section 3.01(c) and Section 4.02 of this Agreement.
Charging of Payments. Bank may, at its option, charge all payments required to be made under this Agreement and the other Loan Documents by Borrower and all other sums and/or amounts due under or pursuant to the Loan Documents by Borrower against balances in any of Borrower’s deposit and other accounts with Bank and/or against the Committed Revolving Line. If Bank charges the aforementioned payments, sums and/or amounts against the Committed Revolving Line, the same shall be deemed an Advance thereunder and the amount of the Advance shall thereafter accrue interest at the rate then applicable hereunder for Advances; and if Bank charges payments, sums and/or amounts as aforesaid, Bank may, in its discretion, limit, declare a moratorium on and/or terminate Borrower’s right under this Agreement to receive future Advances, all without prior notice to Borrower, unless notice is otherwise specifically required under this Agreement.
