Disclosure of Discounts Sample Clauses

Disclosure of Discounts. UC acknowledges that discounts, rebates, credit, free goods and services, coupons or other things of value which it may receive from Supplier under the Agreement constitute a discount or reduction in price for purposes of 42 U.S.C. paragraph 1320a-7(b)(3)(A). UC agrees to file all appropriate reports and to properly disclose and reflect all such discounts, rebates, credit, free goods and services, coupons or other things of value or any price reductions in any report filed in connection with state or federal cost reimbursement programs.
AutoNDA by SimpleDocs
Disclosure of Discounts. UC acknowledges that discounts, rebates, credit, free goods and services, coupons or other things of value which it may receive from Supplier under the Agreement constitute a discount or reduction in price for purposes of 42 U.S.C. paragraph 1320a-7(b)(3)(A). UC agrees to file all appropriate reports and to properly disclose and reflect all such discounts, rebates, credit, free goods and services, coupons or other things of value or any price reductions in any report filed in connection with state or federal cost reimbursement programs. However, UC agrees not to disclose the prices or the terms and conditions of purchases from Supplier to any person except as required by law in such reports or otherwise.
Disclosure of Discounts. Seller agrees: (i) to fully and accurately report the existence of any discount program on the invoice or statement submitted to Purchaser; (ii) to inform Purchaser of Purchaser’s obligations to report its cost on its cost report, if applicable, and to comply with the following standards: (1) the discount must be earned based on purchases of that same good or service bought within a single fiscal year of Purchaser, (2) Purchaser must claim the benefit of a discount in the fiscal year in which the discount is earned or the following year, (3) Purchaser must fully and accurately report the discount in the applicable cost report, (4) Purchaser must provide upon request by the U.S. Secretary of Health and Human Services (or their designee) that the above information has been provided by Seller; and (iii) when the value of the discount becomes known, Seller shall provide Purchaser with documentation of the calculation identifying the specific goods/services purchased to which the discount applies.
Disclosure of Discounts. Vendor will provide Customer with invoices or other documents that fully and accurately disclose the discounted price of all Products purchased under this Agreement. If Customer is an institution required to file Medicare/Medicaid cost reports with federal or state agencies for payment, Customer acknowledges that Customer has an obligation under federal law to fully and accurately report all discounts received in its cost reports. (Public Law 100-93, the “Medicare and Medicaid Patient and Program Protection Act of 1987”; 42 CFR part 1001).
Disclosure of Discounts. The parties acknowledge that discounts, rebates, credits, free goods or services, coupons or other things of value which Customer may receive from Dade Behring under this Agreement may constitute a discount or reduction in price for the purposes of 42 U.S.C. paragraph 1320 a-7(b)(3). To the extent required by law, including and for compliance with the discount Safe Harbors of 42 CFR 001.952(b). Customer and Dade Behring agrees to disclose and reflect all such discounts, rebates, credits, free goods or services, coupons or other things of value or any price reductions in any report filed in connection with state or federal cost reimbursement programs or in connection with any other report required to be filed with any state or Federal Government. However, you agree not to disclose the prices or the terms and conditions of your purchase of the Test or the Equipment to any person except as required by law in such reports or otherwise.
Disclosure of Discounts. The parties hereby agree to adhere to all applicable reporting requirements relating to discounts provided to Customer hereunder, including the requirement that institutions required to file Medicare/Medicaid cost reports with the Federal and/or applicable state government, must fully and accurately report any discounts in its cost reports. (Public Law 100-93, the "Medicare and Medicaid Patient
Disclosure of Discounts. Any discounted products or services provided by RD to Customer under this Agreement are provided with the express understanding that RD or its distributor (to the extent the products or services are provided by RD's authorized distributor) will provide Customer with invoices that fully and accurately disclose the discounted price of all such products and services. Customer, as an institution required to file Medicare/Medicaid cost reports with the Federal and/or appropriate state government, has an obligation under Federal law to fully and accurately report any discounts in its cost reports (Public Law 100-93, the “Medicare and Medicaid Patient and Program Protection Act of 1987”, 42 CFR part 1001 as amended, July 29, 1991).
AutoNDA by SimpleDocs
Disclosure of Discounts. Customer acknowledges that discounts, rebates, credits, free goods or services, coupons or other things of value which Customer may receive from Siemens under this Agreement constitute a discount or reduction in price for purposes of 42 U.S.C. paragraph 1320a-7b(b)(3)(A) (“Discounts”). Customer agrees to file all appropriate reports and to properly disclose and reflect all Discounts in any report filed in connection with state or federal cost reimbursement programs.
Disclosure of Discounts. The parties hereby agree to adhere to all applicable reporting requirements relating to discounts provided to Customer hereunder, including the requirement that institutions required to file Medicare/Medicaid cost reports with the Federal and/or applicable state government, must fully and accurately report any discounts in its cost reports. (Public Law 100-93, the "Medicare and Medicaid Patient and Program Protection Act of 1987"; 42 CFR part 1001.952(h) as amended, July 29, 1991).
Disclosure of Discounts. Vendor acknowledges that St. Xxxx may report the cost of goods or services purchased from Vendor to government agencies. Vendor will provide accurate and complete information to St. Xxxx on the purchase price of the goods or services, including any discounts and rebates, so that St. Jude may fulfill any applicable obligations. INTENT OF THE PARTIES. It is not the intent of either St. Jude or Vendor that any payments made under this Agreement be in return for the referral of ongoing business, if any, or in return for the purchasing, leasing, or ordering of any goods or services. All payments made pursuant to in this Agreement are consistent with what the Parties reasonably believe to be a fair market value for the goods or services provided. FRAUD AND ABUSE LAWS. This PO Agreement provided hereunder is not intended to and does not induce purchase of any items or services reimbursed by any Federal Healthcare Program (as that term is defined under the Social Security Act) or state health care program. Each Party, after due inquiry, acknowledges and agrees that the transaction contemplated by this Agreement represents fair market value for any services or goods that may be rendered by one Party to the other and that the same is not intended, directly or indirectly, to constitute remuneration in return for referrals or purchase of services between the Parties. Neither Party is required to recommend the other for provision of services as a condition of this Agreement. Further, each Party shall comply with the Medicare/Medicaid Anti-Kickback Statute, 42 U.S.C § 1320a-7b and the Federal Self- Referral Law (“Xxxxx”), as applicable, and have structured this Agreement to do so.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!