Immediate Termination or Suspension Sample Clauses

Immediate Termination or Suspension. Company may terminate or suspend this Agreement with respect to Provider or any Group Provider or location, with written notice to Provider, due to: (a) Provider’s or the applicable Group Provider’s failure to continue to meet the licensure and other requirements of the applicable Participation Criteria; (b) bankruptcy or receivership or an assignment by Provider for the benefit of creditors; (c) Provider’s or the applicable Group Provider’s indictment, arrest or conviction of a felony; or for any indictment, arrest or conviction of criminal charge related to fraud or in any way impairing Provider’s or a Group Provider’s practice of medicine; (d) the exclusion, debarment or suspension of Provider or a Group Provider from participation in any governmental sponsored program, including, but not limited to, Medicare or Medicaid; (e) change of control of Provider to an entity not acceptable to Company; (f) any false statement or material omission of Provider or a Group Provider in a network participation application and/or related materials; or (g) a determination by Company that Provider’s continued participation in provider networks could reasonably result in harm to Members. To protect the interests of patients, including Members, Provider will provide immediate notice to Company of any of the events described in (a)-(f) above. Provider may terminate this Agreement, with written notice to Company due to: (x) Company's failure to continue to maintain the licensure and authorizations required for it to meet its obligations under this Agreement; or (y) Company’s bankruptcy or receivership, or an assignment by Company for the benefit of creditors.
Immediate Termination or Suspension. BCBSTX may, in its sole discretion, immediately suspend or terminate this Agreement upon Notice by BCBSTX to Ancillary Provider if there is a threat of imminent harm to patient health, action against Ancillary Provider’s license to practice, or fraud or malfeasance, including without limiting the foregoing any of the following: 1. Failure to comply with the requirements contained in Part II, Obligations of Ancillary Provider, Section C, Standard of Care, including: a. Suspension, surrender, or revocation of Ancillary Provider’s narcotics number or license to practice or render services in any state; b. Professional or other conduct by Ancillary Provider, or Ancillary Provider employee or subcontractor, which is detrimental to patient welfare and care;
Immediate Termination or Suspension. (a) CME may terminate or suspend this Agreement immediately if: (1) Company accesses or uses the Certification Environment or the CME Interfaces in a manner that breaches this Agreement; or (2) Company takes any action that materially adversely affects or damages the reputation of, CME, the Certification Environment, or the CME Interfaces. (b) CME or Company may terminate or suspend this Agreement immediately if: (1) the other party ceases doing business as a going concern, or (2) the other party files any petition under the Federal Bankruptcy Act or any state insolvency law, becomes insolvent, has an involuntary petition in bankruptcy filed against it or has a receiver appointed for it or its property. (c) CME may terminate this Agreement immediately if necessary to comply with any applicable law, federal or state regulation, or any court order that materially impairs CME’s ability to provide the licenses, services or access described in this Agreement. (d) Company may terminate this Agreement immediately if necessary to comply with any applicable law, federal or state regulation, or any court order that materially impairs Company’s ability to comply with this Agreement.
Immediate Termination or Suspension. Any of the following events shall result in the immediate termination or suspension of this Agreement by Company, upon notice to Provider, at Company’s discretion at any time: (a) the withdrawal, expiration or non-renewal of any Federal, state or local license, certificate, approval or authorization of Provider; (b) the bankruptcy or receivership of Provider, or an assignment by Provider for the benefit of creditors; (c) the loss or material limitation of Provider's insurance under Section 2.4 of this Agreement; (d) a determination by Company that Provider's continued participation in provider networks could result in harm to Members; (e) the exclusion, debarment or suspension of Provider from participation in any governmental sponsored program, including, but not limited to, Government Programs, Medicare or the Medicaid program in any state; (f) the indictment or conviction of Provider for any crime; (h) change of control of Provider to an entity not acceptable to Company; or (h) the withdrawal, expiration or termination of the State Contract. To protect the interests of Members, Provider will provide immediate notice to Company of any of the aforesaid events, including notification of impending bankruptcy.
Immediate Termination or Suspension. Company may immediately terminate this Agreement or, where applicable, the status of any Participating Group Physician as a Participating Provider, at Company’s discretion at any time, due to any of the following events: (a) the suspension, withdrawal, expiration, revocation or non-renewal of any Federal, state or local license, certificate or other legal credential authorizing Group and/or Participating Group Physicians to practice medicine; (b) a suspension or revocation of a Participating Group Physician’s DEA certification or other right to prescribe controlled substances; (c) an indictment, arrest or conviction of a felony or for any criminal charge related to or in any way impairing Group’s and Participating Group Physician’s practice of medicine; (d) the loss or material limitation of Group’s or Participating Group Physician’s insurance under Section 2.5 of this Agreement; (e) the exclusion, debarment or suspension of Group and/or any Participating Group Physician from participation in any governmental sponsored program, including, but not limited to, Government Programs, Medicare or the Medicaid program in any state; (f) the listing of Group or Participating Group Physicians in the HIPDB; (g) change of control of Group to an entity not acceptable to Company; (h) any false statement or material omission of Participating Group Physician in the participation application and/or confidential information forms and all other requested information, as determined by Company in its sole discretion; (i) any adverse action with respect to Participating Group Physician’s hospital staff privileges; (j) a determination by Company that Group or Participating Group Physician’s continued participation in provider networks could result in harm to Members; or (k) the withdrawal, expiration or termination of the State Contract. To protect the interests of patients, including Members, Group and/or Participating Group Physicians will provide immediate notice to Company of any of the aforesaid events described in clauses (a) through (j), including notification of impending bankruptcy.
Immediate Termination or Suspension. Company may terminate or suspend this Agreement with respect to Hospital or any Hospital Provider or location, with written notice to Hospital, due to: (a) Hospital's failure to continue to meet the licensure and other requirements of the applicable Participation Criteria; (b) the bankruptcy or receivership of Hospital, or an assignment by Hospital for the benefit of creditors; (c) the exclusion, debarment or suspension of Hospital or a Hospital Provider from participation in any governmental sponsored program, including, but not limited to, Medicare or Medicaid; (d) change of control of Hospital to an entity not acceptable to Company; (e) the revocation orsuspension of Hospital's accreditation by TJC or any other applicable accrediting agency; or (f) a determination by Company that Hospital's continued participation in provider networks could reasonably result in harm to Members. To protect the interests of patients, including Members, Hospital will provide immediate notice to Company of any of the events described in (a)-(e) above. Hospital may terminate this Agreement, with written notice to Company due to: (x) Company's failure to continue to maintain the licensure and authorizations required for it to meet its obligations under this Agreement; or (y) Company's bankruptcy or receivership, or an assignment by Company for the benefit of creditors.
AutoNDA by SimpleDocs
Immediate Termination or Suspension. Any of the following events shall result in the immediate termination or suspension of this Agreement by Company, upon notice to Facility, at Company's discretion at any time; (a) the revocation or non-renewal for cause of any mandatory Federal, state, or local license, certificate, approval, or authorization of Facility that is not under appeal
Immediate Termination or Suspension. Any of the following events shall result in the immediate termination or suspension of this Agreement by Company, upon notice to Facility, at Company’s discretion at any time: (a) the withdrawal, expiration or non- renewal of any Federal, state or local license, certificate, approval or authorization of Facility; (b) the bankruptcy or receivership of Facility, or an assignment by Facility for the benefit of creditors; (c) the loss or material limitation of Facility's insurance under Section 2.4 of this Agreement; (d) a determination by Company that Facility's continued participation in provider networks could result in harm to Members; (e) the debarment or suspension of Facility from participation in any governmental sponsored program, including, but not limited to, Medicare or Medicaid; (f) the indictment or conviction of Facility for any crime; (g) the revocation or suspension of Facility’s accreditation by TJC or any other applicable accrediting agency recognized by Company; (h) the listing of Facility in the HIPDB; or (i) change of control of Facility to an entity not acceptable to Company. To protect the interests of patients, including Members, Facility will provide immediate notice to Company of any of the events described in this Section 6.4, including notification of impending bankruptcy.
Immediate Termination or Suspension. Any of the following events shall result in the immediate termination or suspension of this Agreement by Company, upon notice to Hospital, at Company’s discretion at any time: (a) the withdrawal, expiration or non-renewal of any Federal, state or local license, certificate, approval or authorization of Hospital; (b) the bankruptcy or receivership of Hospital, or an assignment by Hospital for the benefit of creditors; (c) the loss or material limitation of Hospital's insurance under Section 2.4 of this Agreement; (d) a determination by Company that Hospital's continued participation in provider networks could result in harm to Members; (e) the exclusion, debarment or suspension of Hospital from participation in any governmental sponsored program, including, but not limited to, Government Programs, Medicare or the Medicaid program in any state; (f) the indictment or conviction of Hospital for any crime; (g) the revocation or suspension of Hospital’s accreditation by The Joint Commission or the Bureau of Hospitals of the American Osteopathic Association; (h) change of control of Hospital to an entity not acceptable to Company; or (i) the withdrawal, expiration or termination of the State Contract. To protect the interests of patients, including Members, Hospital will provide immediate notice to Company of any of the aforesaid events described in clauses (a) through (h), including notification of impending bankruptcy.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!