Retroactive Changes. Notwithstanding any other provisions of this Article V, the Board of Trustees is authorized and empowered to retroactively amend, alter or repeal any rights which the Charitable Trust, the Charitable Trustee or the Charitable Beneficiary may have under this Article V, including, without limitation, granting retroactive Excepted Holder status to any otherwise Prohibited Owner, with the effect of any transfer of Excess Shares to a Charitable Trust being fully and retroactively revoked; provided, however, that the Board of Trustees shall not have the authority or power to retroactively amend, alter or repeal any obligations to pay amounts incurred prior to such time and owed or payable to the Charitable Trustee pursuant to Section 5.4.
Retroactive Changes. Notwithstanding any other provisions of this Article X, the Board is authorized and empowered to retroactively amend, alter or repeal any rights which the Charitable Trust, the Charitable Trustee or the Charitable Beneficiary may have under this Article X, including, without limitation, granting retroactive Excepted Holder status to any otherwise Prohibited Owner, with the effect of any transfer of Excess Shares to a Charitable Trust being fully and retroactively revoked; provided, however, that the Board shall not have the authority or power to retroactively amend, alter or repeal any obligations to pay amounts incurred prior to such time and owed or payable to the Charitable Trustee pursuant to Section 10.12.
Retroactive Changes. Notwithstanding any other provisions of this Article XIII, the Board of Trustees is authorized and empowered to retroactively amend, alter or repeal any rights which the Charitable Trust, the Charitable Trustee or the Charitable Beneficiary may have under this Article XIII; provided, however, that the Board of Trustees shall not have the authority or power to retroactively amend, alter or repeal any obligations to pay amounts incurred prior to such time and owed or payable to the Charitable Trustee pursuant to Section 13.4.
Retroactive Changes. The State reserves the right to retroactively change a Member’s status under an Employee Plan; provided, however, that retroactive terminations will be handled in accordance with all applicable law, including but not limited to Minnesota Statute § 60A.86, HIPAA, PPACA and the Summary of Benefits. Except in the case of intentional misrepresentation or fraud, State will only retroactively terminate a Subscriber that has not paid the required premium or contribution to the Employee Plan for his or her coverage. All other enrollment changes will be prospective. It is the responsibility of the State to ensure that only those retroactive enrollment changes allowed under this paragraph will be sent to the Pharmacy Benefit Manager. Pharmacy Benefit Manager shall not be liable for the payment of Claims for retroactively terminated Members paid during the period prior to the receipt and processing of the retroactive termination in accordance with Section 3.2.5, or the date received individually from the State via the online eligibility update tool provided by Pharmacy Benefit Manager to the State. The Pharmacy Benefit Manager will properly apply any retroactive terminations of Members to any manually submitted Claims from a Member or Participating Pharmacy.
Retroactive Changes. If any union, union-related organization, benefit plan, governmental, or administrative agency conducts any audit or assesses retroactive charges, interest, or penalties, CAPS shall promptly invoice Producer for such amounts, and Producer shall pay such amounts to CAPS as rendered within ten (10) business days. If it is later determined that such charges, interest, or penalties arose solely as a result of the fault of CAPS, then CAPS will reimburse Producer for all such amounts.
Retroactive Changes. (1) If a con- tractor requests that a unilateral change be retroactive, the contractor shall submit supporting rationale.
