Hold-harmless provision definition

Hold-harmless provision means a provision included in the funding formulas as described in subsection (9) of this section that prevents a reduction of a designated portion of funding for an institution through operation of the funding formula;
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Hold-harmless provision means a provision in a Participating Provider contract that protects a Member of an MCO, Health Plan or Insurer against liability for costs of health care services that are provided pursuant to the Member's certificate of coverage with an MCO, Health Plan or Insurer.
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Hold-harmless provision means a safeguard in the funding formula designed to provide stability and predictability in the formula by preventing an institution’s outcomes-based funding allotment from decreasing by more than five percent (5%) from one academic year to the next.
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Examples of Hold-harmless provision in a sentence

  • As part of the consideration for the award of the Contract, and intending to be legally bound, the Contractor assigns to the Commonwealth all right, title and interest in and to any claims the Contractor now has, or may acquire, under state or federal antitrust laws relating to the products and services which are the subject of this Contract.V.25 CONTRACT-019.1 Hold Harmless Provision (Nov 30 2006) a.

  • As part of the consideration for the award of the Contract, and intending to be legally bound, the Contractor assigns to the Commonwealth all right, title and interest in and to any claims the Contractor now has, or may acquire, under state or federal antitrust laws relating to the products and services which are the subject of this Contract.V.28 CONTRACT-019.1 Hold Harmless Provision (Nov 30 2006) a.

  • Section 3: Compliance with Law, Section 13: Assignment of Antitrust Claims, Section 14: Hold Harmless Provision, Section 20: Assignability and Subcontracting, and Section 27: Applicable Law.

  • Hold Harmless Provision Requirements for Covered Persons Section 20.

  • Hold Harmless Provision Requirements for Covered Persons Section 19.

  • Member Hold Harmless Provision The following rules appear in contracts between the Plan and Participating Providers.

  • Hold Harmless Provision: Contracts with 4 or more stars for their highest rating that would have had their overall rating decreased with the addition of the improvement measures were held harmless.

  • The FNSB will not negotiate changes to material provisions in the Sample Contract, including Insurance Requirements, Indemnification, Defense and Hold Harmless Provision, venue and choice of law, and Termination.

  • As part of the consideration for the award of the Contract, and intending to be legally bound, the Contractor assigns to the Commonwealth all right, title and interest in and to any claims the Contractor now has, or may acquire, under state or federal antitrust laws relating to the products and services which are the subject of this Contract.V.35 CONTRACT-019.1 Hold Harmless Provision (Nov 30 2006) a.

  • The effective interest rate is determined at the initial recognition and is revised only when the repayment schedule of the loan is renegotiated.

Related to Hold-harmless provision

  • Indemnify means an undertaking to pay any damages, claim or taxed costs awarded by a court or agreed to by the municipality in terms of a formal settlement process;

  • Indemnification Period means the period of time during which Indemnitee shall continue to serve as a director or as an officer of the Corporation, and thereafter so long as Indemnitee shall be subject to any possible Proceeding arising out of acts or omissions of Indemnitee as a director or as an officer of the Corporation.

  • Indemnification Notice has the meaning set forth in Section 11.3(a).

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Indemnification means an agreement of indemnity or a release from liability where the intent or effect is to shift or limit in any manner the potential liability of the person or firm for failure to adhere to applicable auditing or professional standards, whether or not resulting in part from knowing of other misrepresentations made by the insurer or its representatives.

  • Indemnified Damages shall have the meaning assigned to such term in Section 6(a).

  • Related Indemnified Person of an Indemnitee means (a) any controlling person or controlled affiliate of such Indemnitee, (b) the respective directors, officers, or employees of such Indemnitee or any of its controlling persons or controlled affiliates and (c) the respective agents of such Indemnitee or any of its controlling persons or controlled affiliates, in the case of this clause (c), acting at the instructions of such Indemnitee, controlling person or such controlled affiliate; provided that each reference to a controlled affiliate or controlling person in this definition shall pertain to a controlled affiliate or controlling person involved in the negotiation or syndication of the Facility.

  • Indemnified Parties has the meaning set forth in Section 8.2.

  • Indemnification Agreement shall have the meaning set forth in Article XVII.