Common use of Notice of Proceedings; Overpayments Clause in Contracts

Notice of Proceedings; Overpayments. The Primary Servicer shall promptly notify the Master Servicer in the event of any action, suit, proceeding, dispute, set-off, deduction, defense or counterclaim in excess of $35,000 that is or may be asserted by an Obligor with respect to Receivables related to such Obligor. The relevant Provider shall make any and all payments to the Obligors necessary to prevent the Obligors from offsetting any earlier overpayment to such Provider against any amounts the Obligors owe on any Batch Receivables.

Appears in 1 contract

Samples: Receivables Purchase and Transfer Agreement (Staff Builders Inc /De/)

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Notice of Proceedings; Overpayments. The Primary Servicer shall promptly notify the Master Servicer in the event of any action, suit, proceeding, dispute, set-off, deduction, defense or counterclaim in excess of $35,000 that is or may be asserted by an Obligor with respect to Receivables related to such Obligorany Eligible Receivable. The relevant Each Provider shall make any and all payments to the Obligors necessary to prevent the Obligors from offsetting any earlier overpayment to such Provider against any amounts the Obligors owe on any Batch Receivables.

Appears in 1 contract

Samples: Receivables Purchase and Transfer Agreement (National Medical Health Card Systems Inc)

Notice of Proceedings; Overpayments. The Primary Servicer shall promptly notify the Master Servicer in the event of any action, suit, proceeding, dispute, set-off, deduction, defense or counterclaim involving in excess of $35,000 100,000 that is or may has been threatened to be asserted by an Obligor with respect to Receivables related to such Obligorany Batch Receivable. The relevant Primary Servicer shall cause each Provider shall to make any and all payments to the Obligors necessary to prevent the Obligors from offsetting any earlier overpayment to such any Provider against any amounts the Obligors owe on any Batch Receivables.

Appears in 1 contract

Samples: Receivables Purchase and Transfer Agreement (Mim Corp)

Notice of Proceedings; Overpayments. The Primary Servicer shall promptly notify the Master Servicer in the event of any action, suit, proceeding, dispute, set-off, deduction, defense or counterclaim in excess of $35,000 that is or may be asserted by an Obligor with respect to Receivables related to such Obligorany Batch Receivable. The relevant Primary Servicer shall cause each Provider shall to make any and all payments to the Obligors necessary to prevent the Obligors from offsetting any earlier overpayment to such any Provider against any amounts the Obligors owe on any Batch Receivables.

Appears in 1 contract

Samples: Healthcare Receivables Purchase and Transfer Agreement (Community Care of America Inc)

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Notice of Proceedings; Overpayments. The Primary Servicer shall promptly notify the Master Servicer in the event of any action, suit, proceeding, dispute, set-off, deduction, defense or counterclaim in excess of $35,000 that is or may be asserted by an Obligor with respect to Receivables related to such Obligorany Batch Receivable. The relevant Each Provider shall make any and all payments to the Obligors necessary to prevent the Obligors from offsetting any earlier overpayment to such Provider against any amounts the Obligors owe on any Batch Receivables.

Appears in 1 contract

Samples: Receivables Purchase and Transfer Agreement (Five Star Quality Care Inc)

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