Indemnification and Set-Off Rights for Denied Receivables. (a) If a breach of any of the representations or warranties contained herein relating to a Purchased Receivable shall be discovered at any time (each, a "Denied Receivable"), the Provider shall, on the next Settlement Date, repurchase such Denied Receivable from the Purchaser at the Repurchase Price.
Appears in 2 contracts
Samples: Healthcare Receivables Purchase and Transfer Agreement (Physicians Clinical Laboratory Inc), Healthcare Receivables Purchase and Transfer Agreement (Nu Tech Bio Med Inc)
Indemnification and Set-Off Rights for Denied Receivables. (a) If a breach of any of the representations or warranties contained herein relating to a Purchased Receivable shall be discovered at any time (each, a "Denied ReceivableDENIED RECEIVABLE"), the Provider Primary Servicer or the Providers shall, on the next Settlement Date, repurchase such Denied Receivable from the Purchaser at the Repurchase Price.
Appears in 1 contract
Samples: Receivables Purchase and Transfer Agreement (Mim Corp)
Indemnification and Set-Off Rights for Denied Receivables. (a) If a breach of any of the representations or warranties contained herein relating to a Purchased Receivable shall be discovered at any time (each, a "Denied Receivable"), the Provider that sold or contributed such Denied Receivable shall, on the next Settlement Date, repurchase such Denied Receivable from the Purchaser at the Repurchase Price.
Appears in 1 contract
Samples: Healthcare Receivables Purchase and Transfer Agreement (Community Care of America Inc)
