Final Financial Settlement definition

Final Financial Settlement means the process during which CMS compares the ACO’s final Performance Year Benchmark against the ACO’s Performance Year expenditures for REACH Beneficiaries to determine the amount of Shared Savings or Shared Losses in accordance with Section 12.04 and Appendix B of the Agreement, calculates the amount of Other Monies Owed, and calculates the net amount owed by either CMS or the ACO for the Performance Year.
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Final Financial Settlement means the process during which CMS compares the DCE’s final Performance Year Benchmark against the DCE’s Performance Year expenditures for DC Beneficiaries to determine the amount of Shared Savings or Shared Losses in accordance with Section 12.04 and Appendix B of the Agreement, calculates the amount of Other Monies Owed, and calculates the net amount owed by either CMS or the DCE for the Performance Year.
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Final Financial Settlement means the process during which CMS compares the DCE's final Performance Year Benchmark against the DCE's Performance Year expenditures for DC Beneficiaries to determine the amount of Shared Savings or Shared Losses in accordance with
Sample 1

Examples of Final Financial Settlement in a sentence

  • Regardless of whether the ACO selects to participate in Provisional Financial Settlement for a Performance Year, following the end of each Performance Year, and at such other times as may be required under the Agreement, CMS will conduct Final Financial Settlement and issue a settlement report to the ACO setting forth the amount of any Shared Savings or Shared Losses, the amount of Other Monies Owed, and the net amount owed by either CMS or the ACO for the Performance Year.

  • The ACO will earn back the Retention Withhold Amount (as described in Section V.D.1 of Appendix B) during Final Financial Settlement for the ACO’s first Performance Year in accordance with the methodology described in Appendix B, only if the ACO does not provide written notice of termination of the Agreement Performance Period pursuant to Section 17.03 on or before the Termination Without Liability Date of the ACO’s second Performance Year.

  • The Disclosing Party intends providing the Receiving Party with certain information relating to Outage Welding and Related Services (“the Project”).

  • The MDPCP Practice must submit to CMS a Timely Error Notice with respect to any Annual PBIP Settlement Report, PBA Performance Report or Final Financial Settlement Report within 30 Days after such report is issued.

  • The HPP bonus is added to the ACO’s Other Monies Owed during Final Financial Settlement.

  • The design and data source used to generate the quarterly payment information is also used for the Quarterly Payment and Attribution Report described in Article 9.12(a), the Annual PBIP Settlement Report described in Article 9.12(b), ), beginning in Performance Year 2023 and each subsequent Performance Year, the PBA Performance Report described in Article 9.12(c), and the Final Financial Settlement Report described in Article 9.12(c).

  • We use the newly developed storm surge dataset by Kunze & Strobl (>o>o) to generate the maximum inundation level (in meters) per county and year(Storm Surge).

  • Budget Meetings were now taking place following a small increase in the Welsh Government’s Final Financial Settlement; and2.

  • If the Agreement Performance Period or this Agreement is terminated by either Party pursuant to this Article XIV, CMS will issue a Final Financial Settlement Report to the MDPCP Practice in accordance with Article 9.7(c).

  • Final Financial Settlement is conducted approximately seven months after the performance year ends for all ACOs for PY2023-PY2026.

Related to Final Financial Settlement

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Individual Settlement Payment means the amount payable from the Net

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Physical Settlement Date means the date (which may occur after the Scheduled Maturity Date) specified as such in the Intended Physical Settlement Notice falling 10 Business Days after the date of the Intended Physical Settlement Notice.

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Final Settlement Statement has the meaning set forth in Section 2.6(b).

  • Structured settlement obligor means, with respect to any structured settlement, the party that has the continuing obligation to make periodic payments to the payee under a structured settlement agreement or a qualified assignment agreement.

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Mandatory Settlement Date means the earliest of:

  • Net Share Settlement means the settlement method pursuant to which an exercising Warrantholder shall be entitled to receive from the Company, for each Warrant exercised, a number of shares of Common Stock equal to the Net Share Amount without any payment therefor.