Common use of Stipulated Penalties for Failure to Comply with Certain Obligations Clause in Contracts

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) for each day MBPC fails to: a. appoint a Compliance Officer as required by Section III.A; b. establish and/or post a notice in accordance with the requirements of Section III.B; c. complete the training required for Covered Persons and maintain training certifications, in accordance with the requirements of Section III.C; d. engage and use an IRO in accordance with the requirements of Section III.D, Appendix A, and Appendix B; e. screen Covered Persons in accordance with the requirements of Section III.E or require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person in accordance with the requirements of Section III.E; and maintain documentation of screening and disclosure requirements in accordance with the requirements of Section III.E;

Appears in 1 contract

Samples: Corporate Integrity Agreement

AutoNDA by SimpleDocs

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC Xxxxx and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day MBPC Xxxxx fails toto establish, implement or comply with any of the following obligations as described in Section III: a. appoint a Compliance Officer as required by Section III.A; b. establish and/or post a notice in accordance with the requirements of written Policies and Procedures required by Section III.B; c. complete the training required for Covered Persons and maintain training certifications, post a notice in accordance with the requirements of Section III.C; d. engage complete the training required for Covered Persons and use an IRO maintain training records, in accordance with the requirements of Section III.D, Appendix A, and Appendix B; e. screen Covered Persons in accordance with the requirements of Section III.E or III.F; require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person excluded in accordance with the requirements of Section III.EIII.F; and or maintain documentation copies of print screens from search results to demonstrate the required screening and disclosure requirements has been performed in accordance with the requirements of Section III.EIII.F;

Appears in 1 contract

Samples: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC PSI and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) for each day MBPC PSI fails toto establish, implement or comply with any of the following obligations as described in Section III: a. appoint a Compliance Officer as required by Section III.A;III.A;‌ b. establish and/or Board compliance obligations as required by Section III.B;‌ c. written Policies and Procedures required by Section III.C;‌ d. post a notice in accordance with the requirements of Section III.B;III.D;‌ c. e. complete the training and education required for Covered Persons and Board members and maintain training certificationsrecords, in accordance with the requirements of Section III.C;III.E;‌ d. engage and use an IRO in accordance with f. the requirements of PAP Measures required by Section III.D, Appendix A, and Appendix B; e. III.F;‌ g. screen Covered Persons in accordance with the requirements of Section III.E III.H or require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person excluded in accordance with the requirements of Section III.EIII.H; and maintain documentation of screening and disclosure requirements in accordance with the requirements of Section III.E;III.H;‌

Appears in 1 contract

Samples: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC Xx. Xxxxxxx and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) for each day MBPC Xx. Xxxxxxx fails to: a. appoint a Compliance Officer as required by Section III.A; b. establish and/or post a notice in accordance with the requirements of Section III.BIII.A; c. b. complete the training required for Xx. Xxxxxxx and Covered Persons and maintain training certificationsrecords, in accordance with the requirements of Section III.C; d. engage and use an IRO in accordance with the requirements of Section III.D, Appendix A, and Appendix BIII.B; e. c. screen Covered Persons in accordance with the requirements of Section III.E or III.D; require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person excluded in accordance with the requirements of Section III.EIII.D; and or maintain documentation copies of print screens from search results to demonstrate the required screening and disclosure requirements has been performed in accordance with the requirements of Section III.EIII.D;

Appears in 1 contract

Samples: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC Skyline and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) for each day MBPC Skyline fails toto establish, implement or comply with any of the following obligations as described in Section III: a. appoint a Compliance Officer as required by Section III.A; b. establish and/or post a notice in accordance with the requirements of written Policies and Procedures required by Section III.B; c. complete the training required for Covered Persons and maintain training certifications, post a notice in accordance with the requirements of Section III.C; d. engage complete the training required for Covered Persons and use an IRO maintain training records, in accordance with the requirements of Section III.D, Appendix A, and Appendix B; e. screen Covered Persons in accordance with the requirements of Section III.E or III.F; require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person excluded in accordance with the requirements of Section III.EIII.F; and or maintain documentation copies of print screens from search results to demonstrate the required screening and disclosure requirements has been performed in accordance with the requirements of Section III.EIII.F;

Appears in 1 contract

Samples: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC PANF and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) for each day MBPC PANF fails toto establish, implement or comply with any of the following obligations as described in Section III: a. appoint a Compliance Officer and Compliance Manager as required by Section III.A;III.A;‌ b. establish and/or Board compliance obligations as required by Section III.B;‌ c. written Policies and Procedures required by Section III.C;‌ d. post a notice in accordance with the requirements of Section III.B;III.D;‌ c. e. complete the training and education required for Covered Persons and Board members and maintain training certificationsrecords, in accordance with the requirements of Section III.C;III.E;‌ d. engage and use an IRO in accordance with f. the requirements of PAP Measures required by Section III.D, Appendix A, and Appendix B; e. III.F;‌ g. screen Covered Persons in accordance with the requirements of Section III.E III.H or require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person excluded in accordance with the requirements of Section III.EIII.H; and maintain documentation of screening and disclosure requirements in accordance with the requirements of Section III.E;III.H;‌

Appears in 1 contract

Samples: Integrity Agreement

AutoNDA by SimpleDocs

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC Center for Pain Management and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) per obligation for each day MBPC Center for Pain Management fails toto establish, implement or comply with any of the following obligations as described in Section III: a. appoint a Compliance Officer as required by Section III.A; b. establish and/or post a notice in accordance with the requirements of written Policies and Procedures required by Section III.B; c. complete the training required for Covered Persons and maintain training certifications, post a notice in accordance with the requirements of Section III.C; d. engage complete the training required for Covered Persons and use an IRO Ordering Providers and maintain training records, in accordance with the requirements of Section III.D, Appendix A, and Appendix B; e. screen Covered Persons in accordance with the requirements of Section III.E or III.F; require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person excluded in accordance with the requirements of Section III.EIII.F; and or maintain documentation copies of print screens from search results to demonstrate the required screening and disclosure requirements has been performed in accordance with the requirements of Section III.EIII.F;

Appears in 1 contract

Samples: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC Good Days and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) for each day MBPC Good Days fails toto establish, implement or comply with any of the following obligations as described in Section III: a. appoint a Compliance Officer as required by Section III.A;III.A;‌ b. establish and/or Board compliance obligations as required by Section III.B;‌ c. written Policies and Procedures required by Section III.C;‌ d. post a notice in accordance with the requirements of Section III.B;III.D;‌ c. e. complete the training and education required for Covered Persons and Board members and maintain training certificationsrecords, in accordance with the requirements of Section III.C;III.E;‌ d. engage and use an IRO in accordance with f. the requirements of PAP Measures required by Section III.D, Appendix A, and Appendix B; e. III.F;‌ g. screen Covered Persons in accordance with the requirements of Section III.E III.H or require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person excluded in accordance with the requirements of Section III.EIII.H; and maintain documentation of screening and disclosure requirements in accordance with the requirements of Section III.E;III.H;‌

Appears in 1 contract

Samples: Integrity Agreement

Stipulated Penalties for Failure to Comply with Certain Obligations. As a contractual remedy, MBPC TAF and OIG hereby agree that failure to comply with certain obligations set forth in this IA (unless a timely written request for an extension has been submitted and approved in accordance with Section B below) may lead to the imposition of the following monetary penalties (hereinafter referred to as “Stipulated Penalties”) in accordance with the following provisions. 1. A Stipulated Penalty of $1,000 (which shall begin to accrue on the day after the date the obligation became due) for each day MBPC TAF fails toto establish, implement or comply with any of the following obligations as described in Section III: a. appoint a Compliance Officer as required by Section III.A; b. establish and/or Board compliance obligations as required by Section III.B; c. written Policies and Procedures required by Section III.C;‌‌ d. post a notice in accordance with the requirements of Section III.B;III.D;‌ c. e. complete the training and education required for Covered Persons and Board members and maintain training certificationsrecords, in accordance with the requirements of Section III.C;III.E;‌ d. engage and use an IRO in accordance with f. the requirements of PAP Measures required by Section III.D, Appendix A, and Appendix B; e. III.F;‌ g. screen Covered Persons in accordance with the requirements of Section III.E III.H or require Covered Persons to disclose if they are debarred, excluded, suspended or are otherwise considered an Ineligible Person excluded in accordance with the requirements of Section III.EIII.H; and maintain documentation of screening and disclosure requirements in accordance with the requirements of Section III.E;III.H;‌

Appears in 1 contract

Samples: Integrity Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!