Maximum Allowable Payment means the maximum amount, as established by AvMed, which AvMed will pay for any Covered Service rendered by a Non-Participating Provider or supplier of services, medications or supplies, except for Emergency Medical Services and Care as defined herein. The Maximum Allowable Payment may be changed at any time by AvMed without notice to you or your consent. You may obtain an estimate of the Maximum Allowable Payment for particular services from Non-Participating Providers, by contacting AvMed’s Member Engagement Center at the telephone number on the cover of this Contract or on your AvMed Identification Card. The fact that we may provide you with such information does not mean, and will not be construed to mean, that the particular service is a Covered Service. All terms and conditions included in your Contract apply.

Examples of Maximum Allowable Payment in a sentence

For avoidance of doubt, the payment of such Advance of Capital amount may occur prior to the Energization of the Designated System; and in such case, the Advance of Capital amount is not included in the Maximum Allowable Payment in any Quarterly Netting Statement and no Quarterly Payment Cycle is assigned to such Designated System until such Designated System is Energized.
In this case, with respect to the portion of the Maximum Allowable Payment associated with such Designated System, the Maximum Allowable Payment will reflect (a) the initial Advance of Capital amount and (b) the remaining balance of the REC Purchase Payment Amount associated with such Designated System upon Energization if such Designated System is not a Community Renewable Energy Generation Project, is Energized and its Actual Nameplate Capacity is equal to or less than 25 kW.
Each invoice, with respect to a Quarterly Payment Cycle, shall include: (a) the invoice amount, (b) the cumulative amount previously invoiced by Seller under such Quarterly Payment Cycle, (c) the Maximum Allowable Payment indicated in the most recent Quarterly Netting Statement for such Quarterly Payment Cycle, (d) the applicable PJM-EIS GATS and/or M-RETS Unit IDs of Designated Systems that have been Energized and (e) any unpaid amounts owed to Buyer by Seller as of the date of the invoice.
The Maximum Allowable Payment with respect to the Quarterly Payment Cycle will be the sum of payments that can be made at that point in time across payments associated with RECs from all Designated Systems under such Quarterly Payment Cycle that have been Energized in accordance with Section 1.63.
If the Quarterly Payment Cycle includes payment for a Community Renewable Energy Generation Project, then the Maximum Allowable Payment may include quarterly payment adjustments pursuant to Section 2.6 and as described in Exhibit F-3.

More Definitions of Maximum Allowable Payment

Maximum Allowable Payment means, with respect to a Designated System, the monetary payment amount for RECs eligible for payment from such Designated System under this Agreement calculated as the multiplicative product of (a) Contract Price and (b) Designated System Contract Maximum REC Quantity.

Maximum Allowable Payment means the monetary payment amount calculated at a point in time and indicated in a Quarterly Netting Statement for a Quarterly Payment Cycle that cumulatively cannot be exceeded when Buyer is making payment to Seller for invoices under such Quarterly Payment Cycle. The Maximum Allowable Payment with respect to a Quarterly Payment Cycle will be the sum of payments that can be made at a point in time across payments associated with RECs from all Designated Systems under such Quarterly Payment Cycle that have been Energized and will reflect (a) a one-time full payment of one hundred percent (100%) of the REC Purchase Payment Amount associated with a Designated System if such Designated System is not a Community Renewable Energy Generation Project, is Energized and its Actual Nameplate Capacity is equal to or less than 25 kW; (b) a first payment of twenty percent (20%) of the REC Purchase Payment Amount with the remaining balance of the REC Purchase Payment Amount eligible to be made ratably over the subsequent sixteen (16) quarterly periods if such Designated System is a Distributed Renewable Energy Generation Device that is designated as Waitlisted, is Energized and its Actual Nameplate Capacity is greater than 25 kW; or (c) a first payment of fifteen percent (15%) of the REC Purchase Payment Amount with the remaining balance of the REC Purchase Payment Amount eligible to be made ratably over the subsequent twenty-four (24) quarterly periods if (i) such Designated System is a Distributed Renewable Energy Generation Device that is not designated as Waitlisted, is Energized and its Actual Nameplate Capacity is greater than 25 kW; or (ii) such Designated System is a Community Renewable Energy Generation Project that is Energized, in which case the payment calculation shall also be subject to adjustments in accordance with the terms of this Agreement, including (without limitation) Section 2.6.

Maximum Allowable Payment means the monetary payment amount calculated at a point in time that cumulatively cannot be exceeded when Buyer is making payment to Seller.” The following is added as Section 1.40.1:

Maximum Allowable Payment means the monetary payment amount calculated at a point in time and indicated in a Quarterly Netting Statement that cumulatively cannot be exceeded when Buyer is making payment to Seller. The Maximum Allowable Payment will be the sum of payments that can be made at a point in time across payments associated with RECs from all Designated Systems that have been Energized and will reflect (a) a one-time full payment of one hundred percent (100%) of the REC Purchase Payment Amount associated with a Designated System if such Designated System is not a Community Renewable Energy Generation Project, is Energized and its Contract Nameplate Capacity is equal to or less than 10.00kW and (b) a first payment of twenty percent (20%) of the REC Purchase Payment Amount with the remaining balance of the REC Purchase Payment Amount eligible to be made ratably over the subsequent 16 quarterly periods if such Designated System is Energized and its Contract Nameplate Capacity greater than 10.00kW or if such Designated System is a Community Renewable Energy Generation Project that is Energized.” The following is added as Section 1.40.1:

Maximum Allowable Payment means the maximum fee for a procedure that is established by these rules, a reasonable amount for a "by report" procedure, or a provider's usual and customary charge, whichever is less.

Maximum Allowable Payment means the maximum fee for a procedure established by these Rules or the usual and customary bill as defined in these Rules, whichever is less, except as otherwise might be specified. In no event shall reimbursement be in excess of the Bureau’s Medical Fee Schedule, unless otherwise authorized by the administrator. Fee collected in excess of the Bureau’s Medical Fee Schedule and reported to the Bureau, may, at the Administrator’s discretion, result in civil penalties of fifty dollars ($50.00) to five thousand dollars ($5,000.00) per violation for each violation assessed severally against the provider accepting such fee and the employer paying the excessive fee, whenever a pattern or practice of such activity is found. At the Administrator’s discretion, multiple violations by a provider may subject the provider to exclusion from participating in providing workers care under the Law.

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