Common use of Outstanding debts and judgments Clause in Contracts

Outstanding debts and judgments. MCO certifies that it is not presently indebted to the State of Texas, and that MCO is not subject to an outstanding judgment in a suit by State of Texas against MCO for collection of the balance. For purposes of this Section, an indebtedness is any amount or sum of money that is due and owing to the State of Texas and is not currently under dispute. A false statement regarding MCO’s status will be treated as a material breach of this Contract and may be grounds for termination at the option of HHSC.

Outstanding debts and judgments. The MCO certifies that it is not presently indebted to the State of Texas, and that the MCO is not subject to an outstanding judgment in a suit by the State of Texas against the MCO for collection of the balance. For purposes of this Sectionsection, an indebtedness is any amount or sum of money that is due and owing to the State of Texas and is not currently under dispute. A false statement regarding the MCO’s status will be treated as a material breach of this Contract and may be grounds for termination at the option of HHSC.

Outstanding debts and judgments. MCO certifies that it is not presently indebted to the State of Texas, and that MCO is not subject to an outstanding judgment in a suit by the State of Texas against MCO for collection of the balance. For purposes of this Section, an indebtedness is any amount or sum of money that is due and owing to the State of Texas and is not currently under dispute. A false statement regarding MCO’s status will be treated as a material breach of this Contract and may be grounds for termination at the option of HHSC.