Government Payment definition

Government Payment means a payment from a governmental entity and shall include, without limitation, payments governed under the Social Security Act (42 U.S.C. §§ 1395 et seq.), including payments under Medicare, Medicaid and TRICARE/CHAMPUS, and payments administered or regulated by the Centers for Medicare and Medicaid Services of the U.S. Department of Health and Human Services.
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Government Payment means a payment from a governmental entity and shall include, without limitation, payments governed under the Social Security Act (42 U.S.C. §§ 1395 et seq.), including payments under Medicare, Medicaid and TRICARE/CHAMPUS, and payments administered or regulated by the Centers for Medicare and Medicaid Services of Department of Health and Human Services. Upon the Secured Party’s request (which request need be made only once and not on a recurring basis), the Master Tenant will take all reasonable steps to cause each of the Master Tenant’s depository banks to provide to the Secured Party, (A) whether by Internet access or otherwise, on-line screen access to daily activity in the Master Tenant’s deposit accounts, and (B) a copy of each periodic account statement relating to the Master Xxxxxx’s deposit accounts ordinarily furnished by the depository bank to the Master Tenant. The Master Xxxxxx authorizes and approves of the Secured Party communicating directly with each depository bank that maintains a deposit account for the Master Tenant. If Master Tenant serves as a collection agent for the Government Payments due the Operator(s), the Master Tenant will maintain one or more separate deposit account(s) into which only Government Payments are deposited (collectively, the “Government Receivables Accounts”). The Master Tenant will not commingle in any Government Receivables Account proceeds of accounts from non-governmental sources with proceeds of accounts owing from governmental sources, including Government Payments. The Master Tenant shall cause all Government Payments to be deposited directly into a Government Receivables Account. Prior to causing or allowing any funds to be deposited into any Government Receivables Account, the Master Tenant shall cause a DAISA to be entered into with respect to each Government Receivables Account by and among the Operator, or Master Tenant, if applicable, First Lender, the Secured Party and the depository bank that maintains such Government Receivables Account. Unless otherwise expressly approved by Secured Party and HUD, each DAISA shall instruct the depository bank to initiate a funds transfer each business day, unless the Secured Party approves otherwise, of all available funds in the applicable Government Receivables Account to a non-Government Receivables Account of the Operator or Master Tenant that is then subject to a DACA. Not less than thirty (30) days prior to the effective date thereof, the Master Tenant wil...
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Government Payment means a 322 payment from a governmental entity and shall include, without limitation, payments governed 323 under the Social Security Act (42 U.S.C. §§ 1395 et seq.), including payments under Medicare, 324 Medicaid and TRICARE/CHAMPUS, and payments administered or regulated by the Centers 325 for Medicare and Medicaid Services of the U.S. Department of Health and Human Services. 326 327 3. COMPLIANCE WITH LAWS. Operator shall comply with the requirements of 328 all valid and applicable federal, state and local laws. 329
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Examples of Government Payment in a sentence

  • Each Party represents that it has obtained, or may obtain, independent Tax and Government Payment Program advice with respect thereto and upon which it, if so obtained, has solely relied.

  • None of the Parties (nor such Parties’ counsel or accountants) has made or is making in this Agreement any representation to any other Party (or such Party’s counsel or accountants) concerning any of the Tax or Government Payment Program effects or consequences on the other Party of the transactions provided for in this Agreement.

  • None of the Parties (nor such Parties' counsel or accountants) has made or is making in this Agreement any representation to any other Party (or such Party's counsel or accountants) concerning any of the Tax or Government Payment Program effects or consequences on the other Party of the transactions provided for in this Agreement.

  • Notwithstanding the preceding sentence, with respect to any Indemnification Matter involving intentional misrepresentation or fraud or the failure of Sellers to remit accounts receivable or Government Payment Program Proceeds pursuant to Section 2.10 hereof, there shall be no such time limitation with respect to the Indemnification Notice or the Indemnifying Party's obligations to indemnify the Indemnitee.

  • Each of the Hospitals has current and valid provider Contracts with the Government Payment Programs and/or their fiscal intermediaries or paying agents and, to Seller's knowledge, complies with the conditions of participation therein except to the extent that a failure to so comply would not have a Material Adverse Effect.

  • Each Party shall be entitled to receive from the Government Payment Programs cost reimbursement settlements (including capital costs, indirect medical education and disproportionate share) for those patients discharged by a Party at the time such Party owned the Baptist Facilities based upon the Cost Report filed by such Party.

  • Seller, with the reasonable assistance of Buyer, shall prepare and timely file consistent with current laws all Government Payment Program cost reports relating to the Hospitals for periods ending on or prior to the Closing Date or required as a result of the transfer of the Assets to Buyer and the consummation of the transactions described herein (“Seller Cost Reports”).

  • If Purchasers receive any cost report settlement amounts from the Government Payment Programs for discharges occurring prior to the Closing Date, Purchasers shall tender same to Sellers within ten (10) days after receipt thereof.

  • Seller has filed on a timely basis all claims or other reports required to be filed in order to receive reimbursement with respect to the provision of services, products and supplies covered under any Government Payment Program, in accordance with all Laws and requirements applicable to the Government Payment Programs.

  • Seller is certified to participate in the Government Payment Programs and complies in all material respects with all applicable state and federal conditions of participation applicable to such Government Payment Programs in connection with the Business.


More Definitions of Government Payment

Government Payment means a payment from a governmental entity and shall include, without limitation, payments governed under the Social Security Act (42 U.S.C. §§ 1395 et seq.), including payments under Medicare, Medicaid and TRICARE/CHAMPUS, and payments administered or regulated by the Centers for Medicare and Medicaid Services of Department of Health and Human Services. Upon the Secured Party’s request (which request need be made only once and not on a recurring basis), the Master Tenant will take all reasonable steps to cause each of the Master Xxxxxx’s depository banks to provide to the Secured Party, (A) whether by Internet access or otherwise, on-line screen access to daily activity in the Master Tenant’s deposit accounts, and
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Government Payment means all federal, state and local government payments, benefits and entitlements associated with or applicable to the Property or any crops grown thereon, including without limitation any applicable direct payments or counter-cyclical payments under the Farm Security and Rural Investment Act of 2002, as amended.
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Government Payment means any mandatory rebate imposed by, or any sum to be paid to, any national, supra-national, regional, state or local regulatory agency, department, bureau, commission, council or other governmental entity with respect to, in whole or in part, the Finished Product to the extent identified on the relevant invoice or through other written, verifiable evidence.
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Related to Government Payment

  • Government school means a school established under section 5 of the Act, for the purpose of providing courses of instruction in pre-school, primary or secondary education.

  • Government costs, as used in this clause, means those agency costs that result directly from developing and implementing the VECP, such as any net increases in the cost of testing, operations, maintenance, and logistics support. The term does not include the normal administrative costs of processing the VECP or any increase in this contract’s cost or price resulting from negative instant contract savings.

  • Government record or "record" means any paper, written or

  • Government company means any company in which not less than fifty-one per cent. of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, and includes a company which is a subsidiary company of such a Government company;

  • Government Property means all property owned or leased by the Government. Government property includes both Government-furnished and Contractor-acquired property. Government property includes material, equipment, special tooling, special test equipment, and real property. Government property does not include intellectual property and software.

  • Government Lists means, collectively, (i) the Specially Designated Nationals and Blocked Persons Lists maintained by OFAC, (ii) any other list of terrorists, terrorist organizations or narcotics traffickers maintained pursuant to any of the Rules and Regulations of OFAC, and (iii) any similar lists maintained by the United States Department of State, the United States Department of Commerce or any other governmental authority or pursuant to any Executive Order.

  • Government aggregator means any government entity subject

  • Government-furnished property means property in the possession of, or directly acquired by, the Government and subsequently furnished to the Contractor for performance of a contract. Government-furnished property includes, but is not limited to, spares and property furnished for repair, maintenance, overhaul, or modification. Government-furnished property also includes contractor-acquired property if the contractor-acquired property is a deliverable under a cost contract when accepted by the Government for continued use under the contract.

  • Government means the Government of Kenya;