Client acknowledges Sample Clauses

Client acknowledges. PTC’s requirement that fees due from Client for all Services provided by PTC under the Agreement and in these terms and conditions for the ACH Service shall be collected using a single payment method. Therefore, Client hereby authorizes PTC to debit Client’s Client Receiving Account for all fees due to PTC for the Services provided under the Agreement, including without limitation the ACH Service, in the amount indicated in the applicable invoice. If the balance in Client’s Client Receiving Account is insufficient to cover the amount billed in the invoice, PTC may invoice Client, and Client will promptly pay to PTC the amount shown on such invoice upon receipt of the invoice. If any invoice is not paid when due, Client will pay an additional charge equal to the lesser of 1.5% per month or the maximum rate allowed by law on the unpaid balance. Client shall be responsible to pay any federal, state or local taxes applicable to the ACH Service used by Client exclusive of taxes based on the net income of PTC. Any renewal of Client ACH Service is subject to PTC’s then-current terms and conditions, including, but not limited to, successful completion of any applicable authentication procedure, and payment of all applicable service fees at the time of renewal. Client is solely responsible for the credit card or Automated Clearinghouse (“ACH”) account information it provides to PTC and must promptly inform PTC of any changes thereto (e.g., change of expiration date or account number). All payments shall be made in U.S. dollars. If PTC does issue a refund, it will only be via the same payment method used by Client to pay for the Services. All fees owed by Client to third parties (for example, Financial Institutions, Financial Processors and client account providers), are Client’s sole responsibility and are not covered by this Agreement.
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Client acknowledges i. The ultimate responsibility for all claims submitted is that of Client, and Client shall remain solely responsible for subsequent correction, adjustment, or repayment of any payment regardless of reason or cause ii. Client shall be solely responsible for any consequences associated with submission of false, fraudulent or misleading data, information, or statements to its patients, the governmental and / or commercial third-party payers in connection with health insurance coding, billing and claimssubmission iii. Client shall indemnify, defend and hold CGM and its owners, directors, and employees harmless from and against any claims submitted on behalf of and/or in the name of Client for which Client has provided CGM false, fraudulent, incomplete, misleading, or otherwise incorrect information or data, including but not limited to, the coding of claims pursuant to Section 2above iv. Client shall be solely responsible for maintaining all original source documents to enable it to verify and document the claims submitted to third-party payers (whether such claims are submitted in paper or electronic form) v. CGM will rely on patients’ demographic information in providing its billing services, and that the timing and amount of net collections generated are affected by the completeness, timeliness and accuracy of that demographic information and other variables, some of which are beyond the control of CGM vi. Client shall provide CGM with records and information in a standard report format reflecting its current monthly collections statistics before “going live” vii. Complying with electronic remittance advices (ERA) policy posting; manual posting will only be used when ERA posting is not provided by third party insurance carriers viii. Complying with electronic/ACH policy; manual deposits will only be used when electronic/ACH depositing of funds is not provided by third party insurance carriers, vendors or other means ix. CGM does not provide back-up systems against loss of electronic records or insurance coverage against risk of loss due to loss of electronic records
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Related to Client acknowledges

  • Risk Acknowledgment ADVISER does not guarantee the future performance of the Account or any specific level of performance, the success of any investment recommendation or strategy that ADVISER may take or recommend for the Account, or the success of ADVISER’s overall management of the Account. CLIENT understands that investment recommendations for the Account by ADVISER are subject to various market, currency, economic, political and business risks, and that those investment decisions will not always be profitable.

  • Benefits Acknowledged The Guaranteeing Subsidiary’s Guarantee is subject to the terms and conditions set forth in the Indenture. The Guaranteeing Subsidiary acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to this Guarantee are knowingly made in contemplation of such benefits.

  • Risk Acknowledgement The Sub-Adviser makes no representation or warranty, express or implied, that any level of performance or investment results will be achieved by the Fund, whether on a relative or absolute basis. The Adviser understands that investment decisions made for the Fund by the Sub-Adviser are subject to various market, currency, economic, political, business and structure risks and that those investment decisions will not always be profitable.

  • Mutual Acknowledgment Both the Company and Indemnitee acknowledge that, in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future in certain circumstances to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court for a determination of the Company’s right under public policy to indemnify Indemnitee.

  • Client Client agrees to indemnify, defend, and shall hold harmless Consultant and /or his agents, and to defend any action brought against said parties with respect to any claim, demand, cause of action, debt or liability, including reasonable attorneys' fees to the extent that such action is based upon a claim that: (i) is true, (ii) would constitute a breach of any of Client's representations, warranties, or agreements hereunder, or (iii) arises out of the negligence or willful misconduct of Client, or any Client Content to be provided by Client and does not violate any rights of third parties, including, without limitation, rights of publicity, privacy, patents, copyrights, trademarks, trade secrets, and/or licenses.

  • System Acknowledgments Custodian shall acknowledge through the System its receipt of each transmission communicated through the System, and in the absence of such acknowledgment Custodian shall not be liable for any failure to act in accordance with such transmission and the Fund may not claim that such transmission was received by Custodian.

  • Client Information Protected Health Information in any form including without limitation, Electronic Protected Health Information or Unsecured Protected Health Information (herein “PHI”);

  • Mutual Acknowledgement Both the Company and Indemnitee acknowledge that in certain instances, Federal law or applicable public policy may prohibit the Company from indemnifying its directors and officers under this Agreement or otherwise. Indemnitee understands and acknowledges that the Company has undertaken or may be required in the future to undertake with the Securities and Exchange Commission to submit the question of indemnification to a court in certain circumstances for a determination of the Company's right under public policy to indemnify Indemnitee.

  • Executive Acknowledgment Executive acknowledges (a) that he has consulted with or has had the opportunity to consult with independent counsel of his own choice concerning this Agreement, and has been advised to do so by the Company, and (b) that he has read and understands the Agreement, is fully aware of its legal effect, and has entered into it freely based on his own judgment.

  • Stockholder Has Adequate Information Stockholder is a sophisticated seller with respect to the Securities and has adequate information concerning the business and financial condition of the Company to make an informed decision regarding the sale of the Securities and has independently and without reliance upon either the Merger Sub or the Parent and based on such information as Stockholder has deemed appropriate, made its own analysis and decision to enter into this Agreement. Stockholder acknowledges that neither the Merger Sub nor the Parent has made and neither makes any representation or warranty, whether express or implied, of any kind or character except as expressly set forth in this Agreement. Stockholder acknowledges that the agreements contained herein with respect to the Securities by Stockholder are irrevocable (prior to the Termination Date).