Remittance Advices Clause Samples
The Remittance Advices clause outlines the requirement for one party, typically the payer, to provide detailed notifications to the payee when making payments. These notifications usually include information such as the amount paid, the invoice or account being settled, and the date of payment, often delivered electronically or in writing. By ensuring that the recipient can accurately identify and reconcile incoming payments, this clause helps prevent confusion, facilitates efficient accounting, and reduces the risk of disputes over payment allocations.
Remittance Advices. Provider agrees that it is obligated to review ------------------ remittance advices to verify their accuracy, and must notify ESI in writing within 45 days of receipt of each such remittance advice of any disputed information thereon. Upon proper notice to ESI and verification of amounts to be paid, if any, ESI shall only be responsible for remitting additional payments to a Provider in connection with the specific disputed remittance advice. If Provider does not notify ESI in the manner and time provided herein, ESI shall have no further responsibility with respect to such remittance.
Remittance Advices. Customer shall be provided by email with a remittance advice detailing amounts settled and all charges in accordance with the Payment Frequency. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Services shall not be liable in the event that Customer fails to provide ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Services with an up to date email address for the purpose of receiving remittance advices. Historic copies of remittance advices will be available from ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Services upon request subject to payment by the Customer of any applicable fee.
Remittance Advices. Collection and translation of all the payment transaction addenda from the files in order to create the receptors’ credit/debit advice notice. • EDI standard file processing: EVERTEC receives files in standard formats and converts them for appropriate forwarding or processing.
Remittance Advices. The Seller has provided to the Buyer complete and accurate copies of the program invoices, reports, worksheets, calculation documents, and remittance advices provided to it by DHS, MRMIB, and/or DMHC (collectively, the “Remittance Advices”) with respect to the Assets reflecting monthly enrollment figures, capitation fees, and amounts paid to the Seller by the State of California for each of the months of August 2003 through August 2004. Such Remittance Advices are sufficient to establish for the Seller’s purposes the aggregate monthly premium revenues received by the Seller under both the GMC Contract and the Healthy Families Contract for the respective periods indicated. For the month ended August 31, 2004, the Seller’s aggregate monthly premium revenues from the GMC Contracts and the Healthy Families Contracts were $6,248,388. The Remittance Advices fairly present the aggregate revenues of the Seller for the GMC Contract and the Healthy Families Contract for the respective periods indicated. The Seller shall provide to the Buyer on a monthly basis additional Remittance Advices with respect to the Assets as and when they become available after the date of this Agreement and before the Closing Date.
Remittance Advices. Buyer and Seller shall each forward to the other via facsimile or other electronic means approved by the receiving party any and all remittance advices, explanation of benefits, denial of payment notices and all other correspondence related to the other party’s time of operation of the Assets within two (2) Business Days following the receipt of such documents. Furthermore, for a period of one hundred and eighty (180) days after the Closing, each party shall forward to the other a monthly cash receipts listing within ten (10) days following the end of each month.