Kick Payment Clause Samples

A Kick Payment clause defines a specific payment that is triggered by a particular event or milestone, often used as an incentive or to initiate further obligations in a contract. Typically, this payment becomes due when a certain condition is met, such as the achievement of a sales target, the signing of a new agreement, or the commencement of a project phase. The core function of this clause is to motivate performance or secure commitment by providing a clear financial reward or trigger, thereby aligning the interests of the parties and ensuring that key actions are completed as agreed.
Kick Payment. The method of reimbursing Prepaid Health Plans in the form of a separate one-time fixed payment for specific services. -- The definition for Quality Improvement Plan is hereby included as follows: Quality Improvement Plan (QI Plan) -A written document that describes the Health Plan’s Quality Improvement Program (QIP), processes, and current strategy for improving the health care outcomes of its Enrollees. It shall include, at a minimum, all components required in Section VIII, A. 2. b. (1) through (10).
Kick Payment. The method of reimbursing managed care organizations in the form of a separate one-time fixed payment for specific services. Licensed Practitioner of the Healing Arts — A psychiatric nurse, Registered Nurse, advanced registered nurse practitioner, Physician Assistant, clinical social worker, mental health counselor, marriage and family therapist, or psychologist.
Kick Payment. The method of reimbursing a Contractor in the form of a separate one (1) time fixed payment for specific services in addition to the PMPM payment.
Kick Payment. The method of reimbursing Prepaid Health Plans in the form of a separate one- time fixed payment for specific services. Licensed — A facility, equipment, or an individual that has formally met state, county, and local requirements, and has been granted a license by a local, state or federal government entity.
Kick Payment. The method of reimbursing Prepaid Health Plans in the form of a separate one-time fixed payment for specific services. -- The definition for Medical ▇▇▇▇▇▇ Care Services is hereby included as follows: settings. Medical ▇▇▇▇▇▇ Care Services are authorized by Title XIX of the Social Security Act and Section 409.903, F.S., and Chapter 59G, FAC. -- The definition of Penultimate Saturday is hereby amended to read as follows:
Kick Payment. The method of reimbursing Prepaid Health Plans in the form of a separate one-time fixed payment for specific services. -- The definition for Quality Improvement Plan is hereby included as follows:

Related to Kick Payment

  • ▇▇▇▇▇▇▇▇▇ Payment The Company shall pay to you the following amounts: i. the Accrued Obligations, which shall be paid to you in a single lump sum cash payment within fifteen (15) calendar days of the Date of Termination; ii. the Pro Rata Bonus, which shall be paid to you in a single lump sum cash payment no later than the later of (A) fifteen (15) calendar days following the Date of Termination or (B) the effective date of the Waiver and Release; iii. an amount equal to the product of (A) 2.0 times (B) the sum of (1) your Adjusted Base Salary plus (2) the greater of (x) your Target Bonus or (y) the average of the annual bonuses paid or to be paid to you with respect to the immediately preceding three (3) fiscal years, which amount shall be paid to you in a single lump sum cash payment no later than the later of (i) fifteen (15) calendar days following the Date of Termination or (ii) the effective date of the Waiver and Release; iv. if you had previously consented to the Company’s request to relocate your principal place of employment more than forty (40) miles from its location immediately prior to the Change of Control, all unreimbursed relocation expenses incurred by you in accordance with the Company’s relocation policies, which expenses shall be paid to you in a single lump sum cash payment no later than the later of (A) fifteen (15) calendar days following the Date of Termination or (B) the effective date of the Waiver and Release; and v. the Other Benefits, which shall be paid in accordance with the then-existing terms and conditions of such plans, programs or policies.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Cash Payment The Employee shall make cash payments by wire transfer, certified or bank check or personal check, in each case payable to the order of the Company; the Company shall not be required to deliver certificates for Option Shares until the Company has confirmed the receipt of good and available funds in payment of the purchase price thereof.

  • Non-Payment The Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation, or (ii) within three days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) within five days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or