Factoring. Contractor shall not charge SoonerCare providers a percentage of the charges billed, or of the amount collected for Medicaid reimbursable services. Factoring is strictly prohibited under 42 CFR § 447.10(h). Payments to business agents are regulated by 42 CFR § 447.10(f) (1) (3). Contractor shall fully comply with the CFR regulations stated herein. Failure to abide by these provisions shall result in immediate termination of this Agreement. This provision shall survive termination or expiration of this Agreement.
Factoring. Subject to timely notice to RELIANT, PRONOVA may assign its claims for payment as part of a factoring agreement.
Factoring. No Obligor will, and each Obligor will procure that none of its Subsidiaries will:
Factoring. Carrier shall provide Broker written notice of any assignment, factoring or other transfer of its right to receive payment arising under this Contract thirty (30) days prior to such assignment, factoring, or other transfer taking legal effect. Such written notice shall include the name and address of assignee/transferee, date; date assignment is to begin, terms of the assignment and shall be considered delivered upon receipt of such written notice by Xxxxxx. Carrier shall be allowed to have only one assignment, factoring or transfer legally effective at any one point in time and no multiple assignments, factoring or transfers by the Carrier shall be permitted. Xxxxxxx shall indemnify Broker against and hold Broker harmless from any and all lawsuits , claims, actions or damages (including reasonable attorney’s fees, obligation, liabilities and liens) arising or imposed in connection with the assignment or transfer of any account or right arising hereunder. Xxxxxxx also releases and waives any right, claim or action against Broker for the amount due and owing under this Contract where Xxxxxxx has not complied with the notice requirements of this section.
Factoring. Carrier shall provide TX Logistics with written notice of any assignment, factoring or other transfer of its right to receive payments arising under this Agreement or any Tender Document at least thirty (30) days prior to such assignment, factoring or other transfer taking legal effect. Such written notice shall include the name and address of the assignee/factor/transferee, the date that the assignment, factoring arrangement or other transfer is to take legal effect, and the terms of the assignment, factoring arrangement or other transfer, and shall be considered delivered upon actual receipt of such written notice by TX Logistics from the Carrier (and not before). Carrier shall be allowed to have only one such assignment, factoring arrangement or transfer legally effective at any one point in time relative to payments hereunder, and no multiple assignments. TX Logistics shall be entitled to rely upon such written notice until it is withdrawn in writing by Carrier and confirmed in writing as withdrawn by the assignee, factor or transferee, and TX Logistics shall have no obligation to verify with the Carrier or otherwise that it remains in effect at the time of any payment under this Agreement of any Tender Document. Carrier shall indemnify TX Logistics against and hold TX Logistics harmless from any and all lawsuits, claims, actions, damages (including reasonable attorneys’ fees and costs, obligations, liabilities and liens) arising or imposed in connection with the assignment, factoring or transfer of any account or right to payment arising hereunder. Carrier also releases and waives any right, claim or action against TX Logistics for any amount due and owing under this Agreement where the Carrier has not complied with the notice requirements of this section. Nothing herein limits the right of TX Logistics to withhold payment for services not completed or not properly performed by Carrier, or to apply deductions or set-offs against amounts due to the Carrier to which TX Logistics is entitled hereunder or at law, including for any amounts owed by the Carrier to TX Logistics.
Factoring. Seller may, upon notice to Buyer and subject to Buyer's consent which may not be unreasonably withheld, sell receivables to a Third Party or Affiliate.
Factoring. Where We are unable to obtain sufficient funds from You to satisfy any payment due, We may assign the outstanding debt to a third party factoring company in accordance with clause 16.4. In this case Your payment obligations in respect of the assigned debt will be owed to the third party factoring company such that they can collect the debt from You in their own name, but all other rights and obligations under theses Terms of Use shall remain unaffected. Where an outstanding debt has been assigned, interest on late payments will be accrued in accordance with the Late Payment of Commercial Debts (Interest) Act 1998 as amended and supplemented by the Late Payment of Commercial Debts Regulations 2002 and We will be entitled to suspend further services.
Factoring a. Carrier shall provide Broker written notice of any assignment, factoring, or other transfer of its right to receive payment arising under this Agreement 30 days prior to the effective date of any such proposed action. Such written notice shall include the name and address of the proposed assigned/transferee, the date the assignment is to begin, and the terms of the assignment, and shall be considered delivered upon receipt of such written notice by Xxxxxx.
Factoring. CARREIR shall provide BROKER written notice of any assignment, factoring, or other transfer of its right to receive payments arising under this Agreement at least THIRTY (30) days prior to any such assignment, factoring or other transfer taking legal effect as to BROKER’s payment obligation hereunder. BROKER shall not be obligated to honor any factoring, assignment or any other transfer of CARRIER’s right to receive payment hereunder unless such notice is timely received per the terms of this Agreement.
Factoring. CARRIER shall provide BROKER written notice of any assignment, factoring, or other transfer of its right to receive payments arising under this Contact thirty (30) days prior to such assignment, factoring, or other transfer taking legal effect. Such written notice shall include the name and address of assignee/transferee, date, date assignment is to begin, and terms of the assignment, and shall be considered delivered upon receipt of such written notice by BROKER. CARRIER shall be allowed to have only one assignment, factoring or transfer legally effective at any one point in time, and no multiple assignments, factoring or transfers by the CARRIER shall be permitted. CARRIER shall indemnify BROKER against and hold BROKER harmless from any and all lawsuits, claims, actions, damages, (including reasonable attorneys fees, obligations, liabilities and liens) arising or imposed in connection with the assignment or transfer of any account or right arising thereunder where the CARRIER has not complied with the notification assignment requirements of this section. CARRIER also releases and waives any right, claim or action against BROKER for amounts due and owing under this Agreement where CARRIER has not complied with the notice requirements of the section.
