Audit Claims definition

Audit Claims shall include 'accounting exceptions" taken by Operator against Contractor's regular invoices for Services.
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Audit Claims means any adjustment, disallowance, demand, or claim made by any Governmental Authority or any other Person related to any payment made either directly to the Company or its Subsidiaries or to the Company or its Subsidiaries through any one or more Persons in connection with or as a result of the Administrative Contracting Officer’s letter, dated September 28, 2009, and attached hereto as Schedule 1.1(a)
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Audit Claims has the meaning assigned to it in Section 5.2 of the General Terms and Conditions.
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Examples of Audit Claims in a sentence

  • OIG will attempt in good faith to resolve any Internal Compliance Audit, Claims Review or Unallowable Cost Review issues with LHC prior to conducting a Validation Review.

  • To resolve any concerns raised by OIG, LHC may request a meeting with OIG to: (a) discuss the results of any Internal Compliance Audit, Claims Review or Unallowable Cost Review submissions or findings; (b) present any additional information to clarify the results of the Internal Compliance Audit, Claims Review or Unallowable Cost Review or to correct the inaccuracy of the Internal Compliance Audit, Claims Review or Unallowable Cost Review; and/or (c) propose alternatives to the proposed Validation Review.

  • The Arbitrator shall make a final determination of all Audit Claims and issue a final and binding arbitration award within 10 business days after the conclusion of the arbitration hearing.

  • All Audit Claims between the parties shall be determined by arbitration in accordance with the procedures set forth in Section 24.b(ii), above, subject to the following: The claimant ("Payee") will conduct an audit of the books of the other party ("Payor") pursuant to procedures set forth in the applicable agreement and present to the Payor an audit report setting forth the nature and amount of the Payee's Audit Claims in reasonable detail.

  • Notwithstanding anything herein to the contrary, no claim may be asserted against the Seller pursuant to Section 8.2(a)(vi) with respect to Audit Claims unless written notice of such claim is received by the Seller, prior to the 36 month anniversary of the Closing Date.

  • The parties shall then negotiate in good faith for a period ("Negotiating Period") of 10 business days from the date of the Payor's response with a view to resolving the Audit Claims.

  • The Plan Program Credit is only available from January 1, 2025 through December 31, 2025 for Contract Year 2 and January 1, 2026 through December 31, 2026 for Contract Year 3 and, subject to PBM approval, may be applied towards any documented expenses related to the combination of the following: Plan Communications, Clinical Programs, Pre or Post Implementation Audit, Claims Audit, and Additional Reporting or Data Feeds.

  • During the period between the end of the Negotiating Period and the commencement of the arbitration hearing, the Arbitrator shall engage an independent accountant ("Accounting Master") to review any and all accounting books and records of the Payor available for audit under the provisions of the applicable agreement and deemed relevant by the Accounting Master in order to resolve the Audit Claims.

  • If any applicable Audit Claims are not resolved within the Negotiating Period, such Audit Claims will be resolved in accordance with the procedures of Section 24.b(ii), above, except for the following: The arbitration hearing shall commence within 30 days after expiration of the Negotiating Period.

  • The award of the Arbitrator with respect to Audit Claims shall not be subject to any right of appeal.


More Definitions of Audit Claims

Audit Claims shall have the meaning set forth in Section 10.3(e) hereof.
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Audit Claims means the Audit Claims as defined in clause 2.3(iii);
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Related to Audit Claims

  • Tax Claims means any Claim against the Participating CCAA Parties (or any one of them) for any Taxes in respect of any taxation year or period ending on or prior to the applicable Filing Date, and in any case where a taxation year or period commences on or prior to the applicable Filing Date, for any Taxes in respect of or attributable to the portion of the taxation period commencing prior to the applicable Filing Date and up to and including the applicable Filing Date. For greater certainty, a Tax Claim shall include, without limitation, (a) any and all Claims of any Taxing Authority in respect of transfer pricing adjustments and any Canadian or non- resident Tax related thereto, and (b) any Claims against any BL/Wabush Released Party in respect of such Taxes;

  • DIP Claims means, collectively: (a) the TCEH DIP Claims; and (b) the EFIH First Lien DIP Claims.

  • Agreed Claims shall have the meaning set forth in Section 8.6(c).

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Professional Fee Claims means all Administrative Claims for the compensation of Professionals and the reimbursement of expenses incurred by such Professionals through and including the Effective Date to the extent such fees and expenses have not been paid pursuant to the Interim Compensation Order or any other order of the Bankruptcy Court. To the extent the Bankruptcy Court denies or reduces by a Final Order any amount of a Professional’s requested fees and expenses, then the amount by which such fees or expenses are reduced or denied shall reduce the applicable Professional Fee Claim.