Common use of Demand Letter Clause in Contracts

Demand Letter. Upon a finding that OCOM has failed to comply with any of the obligations described in Section X.A and after determining that Stipulated Penalties are appropriate, OIG shall notify OCOM of: (a) OCOM’s failure to comply; and (b) OIG’s exercise of its contractual right to demand payment of the Stipulated Penalties. (This notification shall be referred to as the “Demand Letter.”)

Appears in 1 contract

Samples: Corporate Integrity Agreement

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Demand Letter. Upon a finding that OCOM has OC and Xxxxxx have failed to comply with any of the obligations described in Section X.A and after determining that Stipulated Penalties are appropriate, OIG shall notify OCOM OC and Xxxxxx of: (a) OCOM’s OC and Xxxxxx’x failure to comply; and (b) OIG’s exercise of its contractual right to demand payment of the Stipulated Penalties. (This notification shall be referred to as the “Demand Letter.”)

Appears in 1 contract

Samples: Integrity Agreement

Demand Letter. Upon a finding that OCOM has Xxxxxxx-Xxxxxx have failed to comply with any of the obligations described in Section X.A and after determining that Stipulated Penalties are appropriate, OIG shall notify OCOM Harmony-Xxxxxx of: (a) OCOM’s Xxxxxxx- Xxxxxx’x failure to comply; and (b) OIG’s exercise of its contractual right to demand payment of the Stipulated Penalties. (This notification shall be referred to as the “Demand Letter.”)

Appears in 1 contract

Samples: Corporate Integrity Agreement

Demand Letter. Upon a finding that OCOM Xxxxxx has failed to comply with any of the obligations described in Section X.A and after determining that Stipulated Penalties are appropriate, OIG shall notify OCOM Xxxxxx of: (a) OCOM’s Xxxxxx’x failure to comply; and (b) OIG’s exercise of its contractual right to demand payment of the Stipulated Penalties. Penalties (This this notification shall be is referred to as the “Demand Letter.”). Such Demand Letter shall specifically state the conduct that the OIG contends constitutes the basis for imposing the Stipulated Penalty.

Appears in 1 contract

Samples: Corporate Integrity Agreement (Wright Medical Group Inc)

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Demand Letter. Upon a finding that OCOM Xxxxxx has failed to comply with any of the obligations described in Section X.A and after determining that Stipulated Penalties are appropriate, OIG shall notify OCOM Banner of: (a) OCOMBanner’s failure to comply; and (b) OIG’s exercise of its contractual right to demand payment of the Stipulated Penalties. (This notification shall be referred to as the “Demand Letter.”)”)‌

Appears in 1 contract

Samples: Corporate Integrity Agreement

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