Hospital Final Reimbursement Payment definition

Hospital Final Reimbursement Payment has the meaning given to it in the Limited Assignment of Construction Contract.
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Hospital Final Reimbursement Payment means the amount determined by subtracting from the amount of the Guaranteed Price, as adjusted in accordance with the terms of the Construction Contract as of the Final Reimbursement Payment Date, the following amounts (without duplication): (i) all Additional Owner Payments made to the Final Reimbursement Payment Date; (ii) the Certified Cost to Complete as at the Final Reimbursement Payment Date; (iii) the Hospital Holdback as at the Final Reimbursement Payment Date; (iv) any Legislative Holdback required to be maintained by Hospital as at the Final Reimbursement Payment Date; and (v) the Interim Reimbursement Payment Amount paid by Hospital prior to the Final Reimbursement Payment Date.
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Hospital Final Reimbursement Payment means the amount determined by subtracting from the amount of the Guaranteed Price, as adjusted in accordance with the terms of the Construction Contract as at the end of last day of the agreed monthly payment period ending immediately prior to the Final Reimbursement Payment Date, the following amounts (without duplication): (i) all Additional Owner Payments (including any payments pursuant to Section 8.5 of the Lender’s Direct Agreement) paid, payable, or which will become payable, by Hospital in respect of Work performed in accordance with the Construction Contract on or before the last day of the agreed monthly payment period ending immediately prior to the Final Reimbursement Payment Date; (ii) any Interim Reimbursement Payment Amount paid or payable by Hospital; (iii) the Certified Cost to Complete; (iv) the Hospital Holdback as at the Final Reimbursement Payment Date; and (v) any Legislative Holdback required to be maintained by Hospital as at the Final Reimbursement Payment Date.
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Examples of Hospital Final Reimbursement Payment in a sentence

  • After Hospital has paid the Hospital Final Reimbursement Payment, it shall thereafter continue to be responsible for payment to the Contractor of the Certified Cost to Complete as at the Final Reimbursement Payment Date on a progress payment basis in the manner and at the times contemplated by the Construction Contract.

  • Hospital shall pay the Hospital Final Reimbursement Payment as directed by Project Co and shall not accept any re-direction without the consent of Agent.

  • After Hospital has paid the Hospital Final Reimbursement Payment, it shall thereafter continue to be responsible for payment to the Contractor of the Certified Cost to Complete on a progress payment basis in the manner and at the times contemplated by the Construction Contract.

  • Hospital and Project Co acknowledge that any monies contributed by MOHLTC for the Hospital Final Reimbursement Payment shall be deposited by MOHLTC directly into the Trust Account.

  • Subject to Sections 3.7 and 3.13, Hospital covenants and agrees with Project Co to pay to Project Co the Hospital Final Reimbursement Payment and the applicable Value Added Taxes on the Final Reimbursement Payment Date.

  • Project Co hereby irrevocably directs Hospital to pay the Hospital Final Reimbursement Payment to Agent or as Agent may direct as security for the Financing.

  • Hospital acknowledges such direction and agrees to pay the Interim Reimbursement Payment Amount, the Hospital Final Reimbursement Payment and any Compensation Payment to Agent or as Agent may direct in accordance with such direction.

  • Und in der z.B. gespeichert ist, wer über welche Waren oder Finanzmittel verfügt.

  • The Council may, by resolution, designate other officers to sign the checks in the absence or disability of the Mayor or City Clerk.

  • Project Co hereby irrevocably directs Hospital to make the Hospital Final Reimbursement Payment to Lender or as Lender may direct as security for the Financing.


More Definitions of Hospital Final Reimbursement Payment

Hospital Final Reimbursement Payment means the amount determined by subtracting from the amount of the Guaranteed Price, as adjusted in accordance with the terms of the Construction Contract as of the Final Reimbursement Payment Date, the following amounts (without duplication): (i) all Additional Owner Payments made to the Final Reimbursement Payment Date; (ii) the Certified Cost to Complete as at the Final Reimbursement Payment Date; (iii) the Hospital Holdback as at the Final Reimbursement Payment Date; and (iv) any Legislative Holdback then required to be maintained by Hospital.
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Related to Hospital Final Reimbursement Payment

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Medical Reimbursement Programs means a collective reference to the Medicare, Medicaid and TRICARE programs and any other health care program operated by or financed in whole or in part by any foreign or domestic federal, state or local government and any other non-government funded third party payor programs.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Delta Payment means as it is described in this Agreement.

  • Cost Reimbursement means a contract which provides for a fee other than a fee based on a percentage of cost and under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Workout-Delayed Reimbursement Amount As defined in subsection (II)(i) of Section 3.05(a).

  • Premium payment plan means a benefit plan whereby school em- ployees may pay their share of group health plan premiums with pretax dollars as provided in the salary reduction plan under chapter 41.05 RCW pursuant to 26 U.S.C. Sec. 125 or other sections of the Internal Revenue Code.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Reimbursement Amount As defined in Section 2.04.

  • Final Pay means any unpaid base salary with respect to the period prior to the effective date of Employee’s termination of employment.

  • Training Costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Interim Payment has the meaning specified in Section 10.1.

  • Expense Fees As to each Mortgage Loan, the sum of the Servicing Fee and the Trustee Fee.

  • Class Counsel Fees Payment and “Class Counsel Litigation Expenses Payment” mean the amounts allocated to Class Counsel for reimbursement of reasonable attorneys’ fees and expenses, respectively, incurred to prosecute the Action.

  • Professional Fee Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses that Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.B of the Plan.

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.