Secondary Repayment Source Sample Clauses

Secondary Repayment Source. ‌ (a) A Convener Participant must obtain a SRS if it is not listed as an Episode Initiator with at least one Clinical Episode selected on its Participant Profile and it has at least one Downstream Episode Initiator that is not a party to an SRS Reduction Agreement. The Participant shall maintain the SRS in accordance with the requirements of this Article 7.7 and Appendix B. (1) The amount guaranteed by the Participant’s SRS must be for the applicable amount calculated by CMS in accordance with the methodology described in Appendix B and specified in the Secondary Repayment Source File described in Appendix B. (2) The SRS must become effective by a date specified by CMS or prior to the date on which the Participant becomes an SRS Covered Participant (if the Participant was not an SRS Covered Participant on the Start Date). The SRS must remain in effect until at least 24 months after the ongoing at the end of the Agreement Performance Period or until all of the Participant’s financial obligations to CMS pursuant to this Agreement have been fulfilled, whichever is later. The Participant shall remain liable for any amount owed to CMS in excess of the amount specified in the Secondary Repayment Source File. (3) The Participant shall scan and submit to CMS by email, and for a Letter of Credit, mail the original to the address provided in Article 23.1, prior to the date specified by CMS (or, if the Participant is not an SRS Covered Participant on the Start Date, prior to the date on which the Participant becomes an SRS Covered Participant), executed documents establishing a Secondary Repayment Source that complies with the criteria set forth in this Article 7.7 and Appendix B. (b) CMS may reject any Secondary Repayment Source that does not comply with the terms of this Article 7.7 and Appendix B of this Agreement. (c) Any changes in the Secondary Repayment Source must be approved in advance by CMS. (d) If CMS rejects the Secondary Repayment Source obtained by the Participant pursuant to Appendix B of this Agreement or does not approve changes to such Secondary Repayment Source, CMS may terminate the Agreement pursuant to Article 21. Article 8 Financial Arrangements‌