Cut-Off Billxxxx Xxx Accepted Sample Clauses

Cut-Off Billxxxx Xxx Accepted. If the Payor of any Straddle Patient cannot for any reason accept cut-off billxxxx, xxen Seller shall deliver to Buyer a statement calculating the total charges made by Seller for services rendered and medicine, drugs and supplies provided through the Closing Date with respect to such Straddle Patient. Within ten days following the discharge of each such Straddle Patient, Buyer shall deliver to Seller a statement reflecting the total charges for the services rendered and medicine, drugs and supplies billed to such Straddle Patient after the Closing Date and the payments receivable (the "STRADDLE PATIENT PAYMENTS") by Buyer with respect to such Straddle Patient (including any cost per discharge limit imposed by TEFRA and all deductibles and co-insurance payments). The prorata share of the Straddle Patient Payments to which Seller shall be entitled for the services, medicine, drugs and supplies provided by Seller to each such Straddle Patient through the Closing Date shall be paid by Buyer to Seller in the manner herein provided and shall be equal to the amount obtained by multiplying the Straddle Patient Payments by a fraction, the numerator of which is the total charges made by Seller with respect to such Straddle Patient through the Closing Date and the denominator of which is the total charges made by Buyer and Seller with respect to such Straddle Patient. Seller or Buyer, as may be applicable, may have such statements as submitted by Buyer or Seller verified by their respective independent certified public accountants within 30 days from delivery. If such statements, as submitted by Buyer or Seller, are acceptable, then such statements shall fix the value of the services, medicine, drugs and supplies provided by Seller and Buyer to each such Straddle Patient. If any such statement is challenged by Seller or Buyer, then, unless otherwise resolved by agreement of the parties within 30 days of any such challenge, such statement shall be deemed in dispute, which dispute shall be resolved by the parties' independent certified public accountants. If such accountants cannot resolve the matter within 30 days, then it shall be submitted by them to a third accounting firm for resolution in accordance with the procedures contained in Paragraph 2.2. If Seller or Buyer does not give written notice to the party preparing the statement of its challenge of such statement within the first said 30 day period, the receiving party shall be deemed to have accepted the same....
Sample 1
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Cut-Off Billxxxx Xxx Accepted. If the Payor of any Straddle Patient cannot or does not for any reason accept cut-off billxxxx, xxen the Purchaser shall submit billing to such Payor for the entire portion of such Straddle Patient's stay. In such event, a portion of such billing shall be treated as an Account Receivable in an amount equal to (A) the total payment received for such Straddle Patient (including any deductible payments and any co-payments), multiplied by a fraction, the numerator of which shall be the number of days such Straddle Patient was a patient through and including the Closing Date, and the denominator of which shall be the total number of days such Straddle Patient was a patient on a continuous basis during the period that begins on or prior to the Closing Date and ends after the Closing Date, minus (B) any deposits or co-payments made to the Sellers on or prior to the Closing Date with respect to such Straddle Patient. If the Payor of any Covered Lives cannot or does not for any reason accept cut-off billxxxx, xxat portion of any capitation payments relating to a period ending on or before the Closing Date shall be treated as an Account Receivable.
Sample 1
Cut-Off Billxxxx Xxx Accepted. If the Payor of any Straddle Patient cannot for any reason accept cut-off billxxxx, xxen the Purchasing Party shall notify the Transferring Party of same, and the Transferring Party shall deliver to the Purchasing Party a statement calculating the total charges made by the Transferring Party for services rendered and medicine, drugs and supplies provided through the Closing Date with respect to such Straddle Patient. Within ten (10) days following the discharge of each such Straddle Patient if such patient is discharged after Closing and prior to the date on which the difference or change in Gulf Pines and Meadow Pines Working Capital is determined for the purposes of Section 4.2(c), the Purchasing Party shall deliver to the Transferring Party a statement reflecting the total charges for the services rendered and medicine, drugs and supplies billed to such Straddle Patient after the Closing Date and the patient receivable (the "Straddle Patient Payments") of the Purchasing Party with respect to such Straddle Patient (including any cost per discharge limit imposed by the Tax Equity and Fiscal Responsibility Act of 1982, as amended ("TEFRA") and all deductibles and coinsurance payments). For purposes of calculating the final values pursuant to Section 4.2, the pro rata share of the Straddle Patient Payments which shall be treated as a MPH or CCS Receivable, respectively, shall be equal to the amount obtained by multiplying the Straddle Patient Payments by a fraction, the numerator of which is the total charges of the Transferring Party with respect to such Straddle Patient through the Closing Date and the denominator of which is the sum of the total charges of the Purchasing Party and the total charges of the Transferring Party with respect to such Straddle Patient.
Sample 1
Cut-Off Billxxxx Xxx Accepted. If the Payor of any Straddle Patient cannot or does not for any reason accept cut-off billxxxx, xxen the Purchaser shall submit billing to such Payor for the entire portion of such Straddle Patient's stay. In such event, a portion of such billing shall be treated as an Account Receivable (except to the extent any of such billing relates to the West Virginia Receivable) in an amount equal to (A) the total payment received for such Straddle Patient (including any deductible payments and any co-payments), multiplied by a fraction, the numerator of which shall be the number of days such Straddle Patient was a patient through and including the Closing Date, and the denominator of which shall be the total number of days such Straddle Patient was a patient on a continuous basis during the period that begins on or prior to the Closing Date and ends after the Closing Date, minus (B) any deposits or co-payments made to the Seller on or prior to the Closing Date with respect to such Straddle Patient. If the Payor of any Covered Lives cannot or does not for any reason accept cut-off
Sample 1

Related to Cut-Off Billxxxx Xxx Accepted

  • Xxxxxxx, 265 Cal App. 2d 40 (1968). By executing this Guaranty, Holdings freely, irrevocably, and unconditionally: (i) waives and relinquishes that defense and agrees that Holdings will be fully liable under this Guaranty even though the Secured Parties may foreclose, either by judicial foreclosure or by exercise of power of sale, any deed of trust securing the Obligations; (ii) agrees that Holdings will not assert that defense in any action or proceeding which the Secured Parties may commence to enforce this Guaranty; (iii) acknowledges and agrees that the rights and defenses waived by Holdings in this Guaranty include any right or defense that Holdings may have or be entitled to assert based upon or arising out of any one or more of §§ 580a, 580b, 580d, or 726 of the California Code of Civil Procedure or § 2848 of the California Civil Code; and (iv) acknowledges and agrees that the Secured Parties are relying on this waiver in creating the Obligations, and that this waiver is a material part of the consideration which the Secured Parties are receiving for creating the Obligations.

  • Xxxxxx, Esq Xxxxxxxxx Xxxxx Xxxxxxx & Xxxxx, a professional corporation 000 Xxxxxxx Xxxxxx Xxxxx, Xxxxx 0000 Xxxxxxx Xxxxx, Xxxxxxxxxx 00000 Telecopier: (000) 000-0000 if to Investor to: Xxxxx Interactive SA c/x Xxxxx Software Corporation 00000 Xxxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxxxxx 00000 Attention: Xx. Xxxxx Xxxx, Chairman and Chief Executive Officer Telecopier: (000) 000-0000 with copies to: Xxxxx Interactive SA Parc de l'esplanade 00, Xxx Xxxxxx Xxxxx Saint Xxxxxxxx des Xxxxxx 00000 Xxxxx xxx Xxxxx Xxxxx Xxxxxx Telecopier: 011-33-1-60-31-59-60 and

  • Nxxxx X Xxxxxxx is hereby designated as the Chief Executive Officer and Chief Financial Officer and Jxxx Xxxxxxxxx is designated the General Counsel and Secretary of the Company, each to serve in such capacity until his earlier death, resignation or removal from office.

  • Xxxxx, Esq Subject to the provisions of Section 21 hereof, any notice or demand authorized by this Agreement to be given or made by the Company or by the holder of any Rights Certificate to or on the Rights Agent shall be sufficiently given or made if sent by first-class mail, postage prepaid, addressed (until another address is filed in writing with the Company) as follows: Computershare Trust Company, N.A. 000 Xxxxxxx Xxxxxx, Xxxxx 000 Xxxxxx, Xxxxxxxx 00000 Notices or demands authorized by this Agreement to be given or made by the Company or the Rights Agent to the holder of any Rights Certificate shall be sufficiently given or made if sent by first-class mail, postage prepaid, addressed to such holder at the address of such holder as shown on the registry books of the Company.

  • Sxxxxxxx-Xxxxx Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with any provision of the Sxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated in connection therewith (the “Sxxxxxxx-Xxxxx Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • Xxxxxxx, Esq If to the Executive, to him at the offices of the Company with a copy to him at his home address, set forth in the records of the Company. Any person named above may designate another address or fax number by giving notice in accordance with this Section to the other persons named above.

  • Xxxx-Xxxxx-Xxxxxx Act The waiting period (and any extension thereof) applicable to the consummation of the transactions contemplated hereby under the HSR Act shall have expired or been terminated.

  • Earnxxx Xxxey Within two (2) business days after final execution of this Contract by all parties hereto, Purchaser shall deliver Purchaser's check in the amount of Twenty-Five Thousand and No/100 Dollars ($25,000.00) to Safeco Land Title of Dallas, 5220 Renaissance Tower, 1201 Xxx Xxxxxx, Xxxxxx, Xxxxx 00000, Xxtn: Bobbxx Xxxxx (xxe "Title Company"). The Title Company shall immediately cash the earnxxx xxxey check and deposit the proceeds thereof in an interest bearing account, the earnings from which shall accrue to the benefit of Purchaser (hereinafter the proceeds of the earnxxx xxxey check shall be referred to as the "earnxxx xxxey"). If Purchaser does not terminate this Contract during the Inspection Period (as defined in Article VI hereinbelow), then, within two (2) business days after the expiration of the Inspection Period, Purchaser will deposit with the Title Company the additional sum of Seventy-Five Thousand and No/100 Dollars ($75,000.00) in cash, which sum shall be added to and become a part of the earnxxx xxxey. Upon receipt of the second earnxxx xxxey deposit from Purchaser, the Title Company shall immediately disburse the entire $100,000.00 earnxxx xxxey deposit to Seller; upon such disbursement the $100,000.00 earnxxx xxxey deposit shall be non-refundable to the Purchaser except in the event of a default by Seller hereunder, but, if this Contract closes, then the entire $100,000.00 earnxxx xxxey deposit shall be applied in partial satisfaction of the purchase price payable at closing. In the event that this Contract is not closed, then the earnxxx xxxey shall be disbursed in the manner provided for elsewhere herein. Notwithstanding the foregoing or anything to the contrary contained elsewhere in this Contract, it is understood and agreed that One Hundred Dollars ($100.00) of the earnxxx xxxey shall in all events be delivered to Seller as valuable consideration for the Inspection Period described in Article VI hereinbelow and the execution of this Contract by Seller.

  • Xxxxxx Xxxx Xxxxx Raysman & Xxxxxxx LLP, counsel for the Issuer, MP Renaissance and Mon Power, shall have furnished to the Representatives their written opinion, dated the Closing Date and in form and substance reasonably acceptable to the Representatives, addressing the matters set forth in Exhibit 10(j) and such other matters as the Representatives may reasonably request.

  • Sxxxxxxx-Xxxxx The Company is, or on the Closing Date will be, in material compliance with the provisions of the Sxxxxxxx-Xxxxx Act of 2002, as amended, and the rules and regulations promulgated thereunder and related or similar rules or regulations promulgated by any governmental or self-regulatory entity or agency, that are applicable to it as of the date hereof.

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