Termination Due to Legislative or Administrative Changes Sample Clauses

Termination Due to Legislative or Administrative Changes. In the event that there shall be a change in federal or state law (or in the interpretation or application thereof), the Medicare or Medicaid statutes, regulations, or general instructions (or in the interpretation or application thereof), the adoption of new legislation or regulations applicable to this Agreement, a change in any other third party payor reimbursement system; or the initiation of an enforcement action with respect to legislation, regulations, or instructions applicable to this Agreement; any of which affects the legality of any portion of this Agreement, or the ability of either party to obtain reimbursement for services provided by one party to the other party or to Patients, then either party may by notice propose an amendment (including the severance of any illegal provisions of this Agreement) to conform this Agreement to existing laws. If notice of such a change or an amendment is given and if Corporation and Physician are unable within ninety (90) days thereafter to agree upon the amendment, then either party may terminate this Agreement by thirty (30) days notice to the other, unless a sooner termination is required by law or circumstances.
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Termination Due to Legislative or Administrative Changes. In the event that there shall be a change in the statutes, regulations, or instructions relating to the Tennessee Medicaid or TennCare programs, the adoption of any new legislation or regulations applicable to this Agreement, a change in any applicable third party payer reimbursement system (including, without limitation, those of the Payers and the Payer Plan Agreements), or the initiation of an enforcement action with respect to legislation, regulations, or instructions applicable to this Agreement, any of which affects the continuing viability or legality of this Agreement or materially affects the compensation that Provider and TMHC will receive under the Management Agreement, then both parties agree to negotiate in good faith to amend the Agreement to conform with the then-existing laws and regulations. If agreement cannot be reached with respect to such amendments within ninety (90) days of such change, adoption, or enforcement (or such earlier time as may be required by such legislation or regulations), this Agreement may be terminated immediately by either party by written notice to the other party.
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Termination Due to Legislative or Administrative Changes. In the event that any legislation, regulation or government policy is passed or adopted or judicial interpretation is made, the effect of which would be to affect materially IPA's ability to obtain reimbursement from Medicare or Medicaid or any other third-party payor due to the existence of any provision of this Agreement, then the parties agree to negotiate in good faith to modify the terms of this Agreement to comply with applicable law. If the parties cannot reach an agreement on such modification, either party may terminate this Agreement by thirty (30) days' written notice to the other on any future date
Sample 1
Termination Due to Legislative or Administrative Changes. In the event that there shall be a change in the Medicare or Medicaid Acts, regulations or general instructions (or application thereof), the adoption of new legislation, or a change in any other third party payor reimbursement system, any of which materially adversely affects or impairs the reimbursement which Hospital District or Sheridan may receive for their respective services furnished to patients of the Hospital, either party may, by notice, propose a new basis for compensation for the services furnished pursuant to this Agreement. If such notice of new basis is given and if Sheridan and Hospital District are unable within thirty (30) days thereafter to agree upon a new basis for compensation, either party may terminate this Agreement by thirty (30) days notice to the other on any future date specified in such notice.
Sample 1
Termination Due to Legislative or Administrative Changes. In the event that there shall be a change in applicable health care law or the interpretation thereof, including, without limitation, Medicare or Medicaid, statutes, regulations, or general instructions, (or the application thereof), the adoption of new legislation or regulations applicable to this Lease, the implementation of a change in payment methodology in any material third party payor reimbursement system, or the initiation of an enforcement action with respect to any applicable health care law, any of which affects the continuing legality of this Lease, then either party may, by notice, propose an amendment to conform this Lease to applicable laws. If notice of such proposed change is given and the parties hereto are unable to agree within ninety (90) days upon an amendment, then either party may terminate this Lease by ten (10) days’ advance written notice to the other party, unless a sooner termination is required under applicable law or circumstances.
Sample 1
Termination Due to Legislative or Administrative Changes. The parties acknowledge that the existing law and regulations may change and that the courts or state or federal agencies with appropriate jurisdiction may change their interpretation of existing law. 34.3.1 Following the enactment or amendment of any state or federal law, rule or regulation, or upon the issuance of any judicial order, government directive or interpretive guidance of any existing or future state or federal law, rule or regulation, should either party, after consultation with its legal counsel, conclude in good faith that any provision of this Lease and/or any activity hereunder is in violation of any applicable federal or state law, regulation, or rule, such party shall (a) immediately notify the other party in writing of such concern, including the specific provision and/or activity giving rise to such concern (the “Compliance Notice”); (b) obtain a legal opinion from a mutually agreeable reputable law firm with experience in health care law concluding that the provision and/or activity violates applicable law, regulation, or rule; and (c) promptly, but in no event later than thirty (30) days, share said legal opinion with the other party after receipt of same. The parties shall use their reasonable best efforts during a ninety (90) day period from the date the Compliance Notice is initially received by the other party to mutually agree to such amendments to this Lease as to permit its valid and legal continuation; provided, however, that the parties shall exercise their best efforts to accommodate the terms and intent of this Lease to the greatest extent possible within the requirements of law. If after such ninety (90) day period, the parties are unable to agree to amend this Lease, this Lease shall automatically terminate. 34.3.2 Following the enactment or amendment of any state or federal law, rule or regulation, or upon the issuance of any judicial order, government directive or interpretive guidance of any existing or future state or federal law, rule or regulation, should Landlord conclude in good faith that its health care delivery system is materially affected, the parties agree to use their reasonable best efforts during a ninety (90) day period thereafter to mutually agree upon modifications which are consistent with industry best practices, Landlord policy and/or are beneficial to the community. If, after using best efforts, the parties are unable to reach any such agreement, then either party may terminate this Lease upon thi...
Sample 1
Termination Due to Legislative or Administrative Changes. In the event that any legislation, regulation or government policy is passed or adopted, or any judicial interpretation or ruling is made, that has a material adverse affect on ElmCare's ability to obtain reimbursement from Medicare or Medicaid or any other third-party payor due to the existence of any provision of this Agreement, then the parties agree to negotiate in good faith to modify the terms of this Agreement to comply with such legislation, regulation, policy, interpretation or ruling. If the parties cannot reach an agreement on such modification, either party may terminate this Agreement by providing the other party with written notice of its intent to terminate the Agreement at least thirty (30) days prior the effective date of termination, which date shall be set forth in such notice.
Sample 1
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Termination Due to Legislative or Administrative Changes. In the event that there shall be a change in federal or state law, the Medicare or Medicaid statutes, regulations, or general instructions (or in the application thereof), the adoption of new legislation or regulations applicable to this Agreement, or the initiation of an enforcement action with respect to legislation, regulations, or instructions applicable to this Agreement, any of which affects the continuing viability or legality of this Agreement or the ability of either party to obtain reimbursement for services provided by that party, then either party may by notice propose an amendment to conform this Agreement to existing laws. If notice of such a change or an amendment is given and if RCG and KCI are unable within thirty (30) days thereafter to agree upon the amendment, then either party may terminate this Agreement by giving thirty (30) days written notice to the other, unless a sooner termination is required by law or circumstances.
Sample 1

Related to Termination Due to Legislative or Administrative Changes

  • LEGISLATIVE CHANGE 1. In this article, “legislation” means any new or amended statute, regulation, Minister’s Order, or Order in Council which arises during the term of the Collective Agreement or subsequent bridging period. 2. a. Should legislation render any part of the Collective Agreement null and void, or substantially alter the operation or effect of any of its provisions, the remainder of the provisions of the Collective Agreement shall remain in full force and effect.

  • Legislative Changes If the premium paid by the Employer for any employee benefit stipulated in this agreement is reduced as a result of any legislative or other action by the government of British Columbia, the amount of the saving shall be used to increase other benefits available to the employees, as may be mutually agreed to between the parties.

  • Canadian Anti-Money Laundering Legislation (a) Each Loan Party acknowledges that, pursuant to the Proceeds of Crime Act and other applicable anti-money laundering, anti-terrorist financing, government sanction and “know your client” laws (collectively, including any guidelines or orders thereunder, “AML Legislation”), the Secured Parties may be required to obtain, verify and record information regarding the Loan Parties and their respective directors, authorized signing officers, direct or indirect shareholders or other Persons in control of the Loan Parties, and the transactions contemplated hereby. Each Loan Party shall promptly provide all such information, including supporting documentation and other evidence, as may be reasonably requested by any Secured Party or any prospective assignee or participant of a Secured Party, in order to comply with any applicable AML Legislation, whether now or hereafter in existence. (b) If the Administrative Agent has ascertained the identity of any Loan Party or any authorized signatories of the Loan Parties for the purposes of applicable AML Legislation, then the Administrative Agent: (i) shall be deemed to have done so as an agent for each Secured Party, and this Agreement shall constitute a “written agreement” in such regard between each Secured Party and the Administrative Agent within the meaning of the applicable AML Legislation; and (ii) shall provide to each Secured Party copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each of the Lenders agrees that the Administrative Agent has no obligation to ascertain the identity of the Loan Parties or any authorized signatories of the Loan Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Loan Party or any such authorized signatory in doing so

  • Legislative Leave To the extent authorized by 21 VSA 496, and subject to any conflict of interest or legal barrier as may be determined by the Attorney General, the Hatch Act or any other applicable federal law, state employees shall be entitled to leave of absence in order to serve in the General Assembly. Leave under this situation must be specifically approved in advance by the appointing authority and Commissioner of Human Resources.

  • Legislative Action IT IS AGREED BY AND BETWEEN THE PARTIES THAT ANY PROVISION OF THIS AGREEMENT REQUIRING LEGISLATIVE ACTION TO PERMIT ITS IMPLEMENTATION BY AMENDMENT OF LAW OR BY PROVIDING THE ADDITIONAL FUNDS THEREFORE, SHALL NOT BECOME EFFECTIVE UNTIL THE APPROPRIATE LEGISLATIVE BODY HAS GIVEN APPROVAL.

  • Minor Administrative Changes System Agency is authorized to provide written approval of mutually agreed upon Minor Administrative Changes to the Project or the Contract that do not increase the fees or term. Upon approval of a Minor Administrative Change, HHSC and Grantee will maintain written notice that the change has been accepted in their Contract files.

  • OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws No Loan Party or any of its Subsidiaries is in violation of any Sanctions. No Loan Party nor any of its Subsidiaries nor, to the knowledge of such Loan Party, any director, officer, employee, agent or Affiliate of such Loan Party or such Subsidiary (a) is a Sanctioned Person or a Sanctioned Entity, (b) has any assets located in Sanctioned Entities, or (c) derives revenues from investments in, or transactions with Sanctioned Persons or Sanctioned Entities. Each of the Loan Parties and its Subsidiaries has implemented and maintains in effect policies and procedures designed to ensure compliance with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. Each of the Loan Parties and its Subsidiaries, and to the knowledge of each such Loan Party, each director, officer, employee, agent and Affiliate of each such Loan Party and each such Subsidiary, is in compliance with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. No proceeds of any Loan made or Letter of Credit issued hereunder will be used to fund any operations in, finance any investments or activities in, or make any payments to, a Sanctioned Person or a Sanctioned Entity, or otherwise used in any manner that would result in a violation of any Sanction, Anti-Corruption Law or Anti-Money Laundering Law by any Person (including any Lender, Bank Product Provider, or other individual or entity participating in any transaction).

  • Anti-Money Laundering and Identity Theft Prevention Related Duties Subject to the terms and conditions set forth herein, the Trust hereby delegates to the Transfer Agent the Delegated Anti-Money Laundering Duties and, where applicable, the Delegated Identity Theft Prevention Duties that are set forth in the Trust’s Anti-Money Laundering (“AML”) Program and Identity Theft Prevention Program (“IDTPP”) as described below. The Transfer Agent agrees to perform the Delegated Anti-Money Laundering Duties and the Delegated Identity Theft Prevention Duties, with respect to ownership of shares in the Fund for which the Transfer Agent maintains the applicable information subject to and in accordance with the terms and conditions of the Contract.

  • Compliance with Money Laundering Legislation The Rights Agent shall retain the right not to act and shall not be liable for refusing to act if, due to a lack of information or for any other reason whatsoever, the Rights Agent reasonably determines that such an act might cause it to be in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation or guideline. Further, should the Rights Agent reasonably determine at any time that its acting under this Agreement has resulted in it being in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation or guideline, then it shall have the right to resign on 10 days' written notice to the Corporation, provided: (i) that the Rights Agent's written notice shall describe the circumstances of such non-compliance; and (ii) that if such circumstances are rectified to the Rights Agent's satisfaction within such 10-day period, then such resignation shall not be effective.

  • Anti-Money Laundering Legislation (a) Each Loan Party acknowledges that, pursuant to the Proceeds of Crime Money Laundering) and Terrorist Financing Act (Canada) and other applicable anti-money laundering, anti-terrorist financing, government sanction and “know your client” laws, under the laws of Canada (collectively, including any guidelines or orders thereunder, “AML Legislation”), Agent and Lenders may be required to obtain, verify and record information regarding each Loan Party, its respective directors, authorized signing officers, direct or indirect shareholders or other Persons in control of such Loan Party, and the transactions contemplated hereby. Administrative Borrower shall promptly provide all such information, including supporting documentation and other evidence, as may be reasonably requested by any Lender or Agent, or any prospective assign or participant of a Lender or Agent, necessary in order to comply with any applicable AML Legislation, whether now or hereafter in existence. (b) If Agent has ascertained the identity of any Loan Party or any authorized signatories of any Loan Party for the purposes of applicable AML Legislation, then the Agent: (i) shall be deemed to have done so as an agent for each Lender, and this Agreement shall constitute a “written agreement” in such regard between each Lender and the Agent within the meaning of applicable AML Legislation; and (ii) shall provide to each Lender copies of all information obtained in such regard without any representation or warranty as to its accuracy or completeness. (c) Notwithstanding the provisions of this Section and except as may otherwise be agreed in writing, each Lender agrees that Agent has no obligation to ascertain the identity of the Loan Parties or any authorized signatories of the Loan Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from the Loan Parties or any such authorized signatory in doing so.

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