Common use of Insolvency Reserve Clause in Contracts

Insolvency Reserve. a. The Insolvency Reserve shall be defined as the funding resources available to meet costs of providing services to Enrollees for a period of 45 days in the event that the Contractor is determined insolvent.

Appears in 4 contracts

Samples: www.mass.gov, www.integratedcareresourcecenter.com, www.chcs.org

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Insolvency Reserve. a. i. The Insolvency Reserve shall be defined as the funding resources available to meet costs of providing services to Enrollees for a period of 45 days in the event that the Contractor is determined insolvent. Funding the Insolvency Reserve shall be the sole responsibility of the Contractor, regardless of any risk sharing arrangements with EOHHS or CMS.

Appears in 3 contracts

Samples: License Agreement, License Agreement, License Agreement

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Insolvency Reserve. a. a.The Insolvency Reserve shall be defined as the funding resources available to meet costs of providing services to Enrollees for a period of 45 days in the event that the Contractor is determined insolvent.

Appears in 1 contract

Samples: clpc.ucsf.edu

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