Third Party Payment of Premiums Sample Clauses

Third Party Payment of Premiums. The following are the only acceptable third parties who may pay HPN premiums on the Member’s behalf:  Xxxx Xxxxx HIV/AIDS program under Title XXVI of the Public Health Service Act;  Indian tribes, tribal organizations, or urban Indian organizations;  Employer;  State and Federal government programs; or  Family members. If payment from the Member is received and premium is determined to be from an non-acceptable third party, the Member will be informed that the payment will be returned and that the premium payment remains due by an acceptable party. If the premium payment is not received from an acceptable party within the premium grace period the policy will be terminated for nonpayment of premium.
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Third Party Payment of Premiums. There may be instances where someone other than the Member pays the Member’s Premium under this Agreement. This is sometimes called “third-party payment of Premiums.” Health Options will permit Members’ family members, Designees, and legal representatives to pay Premiums on behalf of Members. Health Options will also permit Xxxx Xxxxx HIV/AIDS Programs; Indian tribes, tribal organizations, and urban Indian organizations; state, federal and local government programs; and private, nonprofit foundations approved by Health Options to make Premium payments on behalf of Health Options Members. If a Provider, pharmaceutical company, or other commercial health care entity submits a payment for a Premium on behalf of a Member, Health Options reserves the right to reject such payments, whether paid directly or indirectly by the entity. We will notify you if we have rejected this type of payment. If we reject a third-party Premium payment, you will continue to owe any Premium due as required under this Agreement. Note: Payment of premium by a Member using funds contributed by the Member’s employer to a Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs) is an acceptable method of paying a Members premium.
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Third Party Payment of Premiums. There may be instances where someone other than the Member pays the Member’s Premium under this Agreement. This is sometimes called “third-party payment of Premiums.” Health Options will permit Members’ family members, Designees, and legal representatives to pay Premiums on behalf of Members. Health Options will also permit Xxxx Xxxxx HIV/AIDS Programs; Indian tribes, tribal organizations, and urban Indian organizations; state, federal and local government programs; and private, nonprofit foundations approved by Health Options to make Premium payments on behalf of Health Options Members.
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Related to Third Party Payment of Premiums

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • Payment of Premiums; Substitution of Policy; Loss Reserve; Protection of Lender If Lender required Mortgage Insurance as a condition of making the Loan, Borrower will pay the premiums required to maintain the Mortgage Insurance in effect. If Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, and (i) the Mortgage Insurance coverage required by Lender ceases for any reason to be available from the mortgage insurer that previously provided such insurance, or (ii) Lender determines in its sole discretion that such mortgage insurer is no longer eligible to provide the Mortgage Insurance coverage required by Lender, Borrower will pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Xxxxxx. If substantially equivalent Mortgage Insurance coverage is not available, Borrower will continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use, and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve will be non-refundable, even when the Loan is paid in full, and Lender will not be required to pay Borrower any interest or earnings on such loss reserve. Lender will no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated payments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower will pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender’s requirement for Mortgage Insurance ends in accordance with any written agreement between Borrower and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this Section 11 affects Borrower’s obligation to pay interest at the Note rate.

  • Payment of Project Costs The Grantee agrees that it will provide for payment of its full share of Project costs and that all costs connected with the Project will be paid by the Grantee on a timely basis.

  • Treatment of Passthru Payments and Gross Proceeds The Parties are committed to work together, along with Partner Jurisdictions, to develop a practical and effective alternative approach to achieve the policy objectives of foreign passthru payment and gross proceeds withholding that minimizes burden.

  • Late Payment Charges Except for Disputed Amounts, if a Party fails to remit payment for any charges for services by the Xxxx Due Date, or if a payment or any portion of a payment is received by a Party after the Xxxx Due Date, or if payment is not made by check that is currently dated and drawn on an account with sufficient available funds, then a late payment charge may be assessed as provided in Section 27.8.

  • Waiver of Premium In the event an employee becomes totally disabled before age seventy (70), there shall be a waiver of premium for all life insurance coverage that the employee had at the time of disability.

  • Reimbursement Premium (1) The Company shall, in a timely manner, pay the SBA its Reimbursement Premium for the Contract Year. The Reimbursement Premium for the Contract Year shall be calculated in accordance with Section 215.555, Florida Statutes, with any rules promulgated thereunder, and with Article X(2).

  • Tuition Reimbursement A. Agencies may approve full or partial tuition reimbursement, consistent with agency policy and within available resources.

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

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