Financial Relationships Sample Clauses

Financial Relationships. (a) This Agreement does not require Provider to make any payment to GPO, either in the nature of membership fees or dues, or otherwise. (b) This Agreement confers only the right to participate in GPO's group purchasing arrangements. Provider is not, pursuant to this Agreement, acquiring a membership interest in the GPO, or any other ownership or voting interest in the GPO, or any option, warrant, or similar right to acquire any such interest at any future date. The participatory privileges conferred by this Agreement are not, and shall not be deemed, a "security" within the meaning of any state or federal securities laws. (c) In accordance with 42 C.F.R. §1001.952(j), Provider acknowledges and agrees that Vendors from whom goods and services are purchased by GPO Providers may pay to GPO an administrative fee, which ordinarily will not exceed three percent (3%) of the payments to such Vendors by the GPO Providers. GPO will disclose in writing to each GPO Provider, at least annually, the fee amount received from each vendor with respect to purchases made by or on behalf of such GPO Provider. (d) Children’s Community Physicians Association, an Illinois not-for-profit corporation, as the Class A Member of GPO (“CCPA”) will determine and distribute Distributable Cash to GPO Providers on an annual basis in proportion to each such GPO Provider’s Patronage Interest. GPO may make distributions on a more frequent basis at its election. For purposes of this Agreement:
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Financial Relationships. To its knowledge, Company (a) is not a physician-owned entity and (b) has no prohibited financial relationship with any physician who is in a position to generate business for Intermountain, or with an immediate family member of that physician. Intermountain defines a “physician-owned entity” as any entity in which a physician, or immediate family member of a physician, holds an ownership, investment, or royalty interest (if royalties are paid on any purchase resulting from the royalty holder’s order). The Code of Federal Regulations (CFR) defines “financial relationship” (in 42 CFR 411.354) and “immediate family member” (in 42 CFR 411.351). [Note: Physicians and their immediate family members may own investment securities of Company if that investment complies with 42 CFR 411.356(a) or (b), and may have a compensation arrangement that both complies with 42 CFR 411.357(p) and does not take into account the volume or value of referrals or other business generated for Intermountain by a physician or a physician’s immediate family members.]
Financial Relationships. Without the express written consent of Client, Xxxxxxxxx agrees that he shall not maintain, directly or indirectly, any financial interests or compensation arrangements with any entity, person or vendor which does business with Client that are any way related to the Services provided by Xxxxxxxxx to Client in this Agreement or relate to Client’s business, including without limitation, any financial interests or compensation arrangements as owner, employee, lessor, lessee, time share, independent contractor, manager, profits interest holder, or otherwise. In the event of a breach of this Section by Xxxxxxxxx, Client may immediately terminate this Agreement for “cause” as provided in Section 4 of this Agreement.
Financial Relationships. As CFO, you establish and maintain lines of communication with investment bankers, financial analysts, and shareholders in conjunction with the CEO. You administer banking arrangements and loan agreements and maintain adequate sources of capital for the company’s current borrowings from commercial banks and other lending institutions. In addition, you invest the company’s funds and administer incentive stock option plans.
Financial Relationships. When you buy a product from Foresters Life Insurance Company, I place this business through a Managing General Agent (MGA), . The MGA may have a financial relationship with this insurer, of which I am not a part. MGA’s offer a service to independent agents/brokers, like me, and insurance companies by assisting with administrative issues, for example ensuring the policy information is complete before sending it on to the insurer. MGA’s do not provide financial or policy advice to consumers. This is the role of a broker – like me. Disclosure: agrees to notify the client of any and all existing or perceived conflicts of interest, if and when they arise, as they may relate to any recommendations made regarding transactions, prior to or at the time of making such recommendations.
Financial Relationships. (a) This Agreement does not require Provider to make any payment to GPO, either in the nature of membership fees or dues, or otherwise. (b) This Agreement confers only the right to participate in GPO's group purchasing arrangements. Provider is not, pursuant to this Agreement, acquiring a limited partnership interest in the GPO, or any other ownership or voting interest in the GPO, or any option, warrant, or similar right to acquire any such interest at any future date. The participatory privileges conferred by this Agreement are not, and shall not be deemed, a "security" within the meaning of any state or federal securities laws. However, this paragraph 2(b) shall not be understood to restrict Provider's right to subsequently acquire a limited partnership interest, to the extent Provider is eligible to do so, in accordance with the terms and conditions of under which such interests are offered to eligible investors. (c) In accordance with 42 C.F.R. §1001.952(j), Provider acknowledges and agrees that Vendors from whom goods and services are purchased by GPO Providers may pay to GPO an administrative fee, which ordinarily will not exceed three percent (3%) of the payments to such Vendors by the GPO Providers. GPO will disclose in writing to each GPO Provider, at least annually, the fee amount received from each vendor with respect to purchases made by or on behalf of such GPO Provider. (d) By participating in GPO's group purchasing arrangements pursuant to this Agreement, Provider is not entitled to, and will not receive, any distributions of GPO's revenues, net income, or assets including revenues derived from the administrative fees described in paragraph 2(c).
Financial Relationships. 1. Contractor shall maintain program statistical records in the manner required by the County, California Department of Health Care Services, and applicable licensing agencies, and make such records available to County upon request. 2. Contractor shall maintain accurate accounting records of its costs and operating expenses. Such records shall be maintained until State audit findings are resolved. They shall be open to inspection by County, the Grand Jury, the State Controller, and the State Director of the Department of Health Care Services, or any of their deputies. 3. Contractor shall have an audit conducted by an independent auditing firm that shall be executed, if applicable, to comply with the Single Audit Act and the auditing reporting requirements set forth in OMB Circular A-133. This audit shall be submitted to County within one hundred twenty (120) days after the end of the Contractor’s fiscal year. 4. Contractor shall adhere to Title XIX of the Social Security Act, and conform to all other applicable Federal and State statutes and regulations.
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Financial Relationships. 5.4.1. To pay for the Company's services, as well as to make payments between the Courier and the Consignor, the User must link his bank card to the Account, from which funds will be debited against payments. 5.4.2. The conditions and obligations for the delivery of the parcel and payment for delivery are fixed by the Application and arise directly between the Consignor and the Courier, the Company is not a party to them and is not responsible for their execution. 5.4.3. Users agree that, acting as the Consignor, they are obliged to pay remuneration for the Company's services at the time of confirmation of the Courier's offer. 5.4.4. The amount of the Company's remuneration is determined in Russian Rubles (hereinafter referred to as the Currency) in accordance with the Company's tariffs in effect on the day of rendering services. If it is necessary for the Company to pay VAT in the state in which the service is provided, the amount of the Company's remuneration is increased by the amount of VAT at the rate of this state. The State in whose territory the service is provided is determined by the bank account from which the payment was made. 5.4.5. When sending a response to the Consignor's Announcement, which is the Courier's offer to deliver the Consignor's Parcel, the Courier must specify the amount in the Currency for which he offers to deliver the parcel to the Recipient, the specified amount is fixed by the Application. 5.4.6. The User agrees that the Company is not a Party to the relationship between the Consignor and the Courier. The Company recommends fixing all the conditions of Parcel delivery in the appropriate interface, as well as in the messages in the Application. 5.4.7. Users are obliged to independently and under their own responsibility organize the fulfilment of their tax obligations, compliance with the requirements of legislation regulating business activities (in the event of a corresponding relationship between the User and the state) and other legal requirements, as well as obligations to the Company and third parties.
Financial Relationships. Neither Seller nor any immediate family member of Seller has a "financial relationship" with any entity providing "designated health services," as such terms are used in the Starx Xxxx.
Financial Relationships 
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