Definition of a Party in Interest. As defined in §1318(b) of the Public Health Service Act, a party in interest is: Any director, officer, partner or employee responsible for management or administration of an HMO; any person who is directly or indirectly the beneficial owner of more than five percent (5%) of the equity of the HMO; any person who is the beneficial owner of a mortgage, deed of trust, note or other interest secured by, and valuing more than five percent (5%) of the HMO; and, in the case of an HMO organized as a nonprofit corporation, an incorporator or member of such corporation under applicable state corporation law; Any entity in which a person described in the paragraph above is director or officer; is a partner; has directly or indirectly a beneficial interest of more than five percent (5%) of the equity of the HMO; or has a mortgage, deed of trust, note or other interest valuing more than five percent (5%) of the assets of the HMO; Any person directly or indirectly controlling, controlled by or under common control with a HMO; and Any spouse, child or parent of an individual described above.
Appears in 4 contracts
Samples: Contract, Contract, Contract #0000000000000000000018225
Definition of a Party in Interest. As defined in §1318(b) of the Public Health Service Act, a party in interest is: • Any director, officer, partner or employee responsible for management or administration of an HMO; any person who is directly or indirectly the beneficial owner of more than five percent (5%) of the equity of the HMO; any person who is the beneficial owner of a mortgage, deed of trust, note or other interest secured by, and valuing more than five percent (5%) of the HMO; and, in the case of an HMO organized as a nonprofit corporation, an incorporator or member of such corporation under applicable state corporation law; • Any entity in which a person described in the paragraph above is director or officer; is a partner; has directly or indirectly a beneficial interest of more than five percent (5%) of the equity of the HMO; or has a mortgage, deed of trust, note or other interest valuing more than five percent (5%) of the assets of the HMO; • Any person directly or indirectly controlling, controlled by or under common control with a an HMO; and • Any spouse, child or parent of an individual described above.
Appears in 3 contracts
Samples: Contract for Providing Risk Based Managed Care Services, Contract, Contract
Definition of a Party in Interest. As defined in §1318(b) of the Public Health Service Act, a party in interest is: ▪ Any director, officer, partner or employee responsible for management or administration of an HMO; any person who is directly or indirectly the beneficial owner of more than five percent (5%) of the equity of the HMO; any person who is the beneficial owner of a mortgage, deed of trust, note or other interest secured by, and valuing more than five percent (5%) of the HMO; and, in the case of an HMO organized as a nonprofit corporation, an incorporator or member of such corporation under applicable state corporation law; ▪ Any entity in which a person described in the paragraph above is director or officer; is a partner; has directly or indirectly a beneficial interest of more than five percent (5%) of the equity of the HMO; or has a mortgage, deed of trust, note or other interest valuing more than five percent (5%) of the assets of the HMO; ▪ Any person directly or indirectly controlling, controlled by or under common control with a an HMO; and ▪ Any spouse, child or parent of an individual described above.
Appears in 3 contracts
Samples: Contract, Contract Amendment, Contract
Definition of a Party in Interest. As defined in §1318(b) of the Public Health Service Act, a party in interest is: • Any director, officer, partner or employee responsible for management or administration of an HMO; any person who is directly or indirectly the beneficial owner of more than five percent (5%) of the equity of the HMO; any person who is the beneficial owner of a mortgage, deed of trust, note or other interest secured by, and valuing more than five percent (5%) of the HMO; and, in the case of an HMO organized as a nonprofit corporation, an incorporator or member of such corporation under applicable state corporation law; • Any entity in which a person described in the paragraph above is director or officer; is a partner; has directly or indirectly a beneficial interest of more than five percent (5%) of the equity of the HMO; or has a mortgage, deed of trust, note or other interest valuing more than five percent (5%) of the assets of the HMO; • Any person directly or indirectly controlling, controlled by or under common control with a an HMO; and • Any spouse, child or parent of an individual described above.. EXHIBIT 1.A. SCOPE OF WORK
Appears in 2 contracts
Definition of a Party in Interest. As defined in §1318(b) of the Public Health Service Act, a party in interest is: • Any director, officer, partner or employee responsible for management or administration of an HMO; any person who is directly or indirectly the beneficial owner of more than five percent (5%) of the equity of the HMO; any person who is the beneficial owner of a mortgage, deed of trust, note or other interest secured by, and valuing more than five percent (5%) of the HMO; and, in the case of an HMO organized as a nonprofit corporation, an incorporator or member of such corporation under applicable state corporation law; • Any entity in which a person described in the paragraph above is director or officer; is a partner; has directly or indirectly a beneficial interest of more than five percent (5%) of the equity of the HMO; or has a mortgage, deed of trust, note or other interest valuing more than five percent (5%) of the assets of the HMO; • Any person directly or indirectly controlling, controlled by or under common control with a an HMO; and EXHIBIT 1 SCOPE OF WORK • Any spouse, child or parent of an individual described above.
Appears in 2 contracts
Samples: Professional Services, Professional Services
Definition of a Party in Interest. As defined in §1318(b) of the Public Health Service Act, a party in interest is: Any director, officer, partner or employee responsible for management or administration of an HMO; any person who is directly or indirectly the beneficial owner of more than five percent (5%) of the equity of the HMO; any person who is the beneficial owner of a mortgage, deed of trust, note or other interest secured by, and valuing more than five percent (5%) of the HMO; and, in the case of an HMO organized as a nonprofit corporation, an incorporator or member of such corporation under applicable state corporation law; Any entity in which a person described in the paragraph above is director or officer; is a partner; has directly or indirectly a beneficial interest of more than five percent (5%) of the equity of the HMO; or has a mortgage, deed of trust, note or other interest valuing more than five percent (5%) of the assets of the HMO; Any person directly or indirectly controlling, controlled by or under common control with a an HMO; and EXHIBIT 1 SCOPE OF WORK Any spouse, child or parent of an individual described above.
Appears in 1 contract
Samples: Professional Services