Most Favored Nations Clause definition

Most Favored Nations Clause means terms in a contract be- tween a certified health plan and a health care provider or facility by which the provider or facility agrees they will not charge other plans a lower price than the price charged the plan instituting the clause.

Most Favored Nations Clause means any written or unwritten term, agreement, or practice between a Health Care Provider and a Payor that allows the Payor to receive the benefit

Most Favored Nations Clause means any written or unwritten agreement between a Health Care Provider and a Health Plan that allows the Health Plan to receive the benefit of a better payment rate, term or condition that the provider gives to another Health Plan.

Examples of Most Favored Nations Clause in a sentence

• In the April Order, the Court dismissed Count I of the Complaint in its entirety and also dismissed all claims formoney damages against the State Defendants.

• No decision or action by the Union to use one or more methods of seeking to obtain a bond from one Employer but not from another Employer will be deemed to violate the Most Favored Nations Clause of the Agreement.

• The highlights include: ● Term of Agreement: 3 years (10/01/15-09/30/18) ● Negotiated Cost Of Living Adjustments (COLA)—10% over 3 years: ● Most Favored Nations Clause Protection: ➭ COLA Protection: If any other LA County bargaining unit secures a more favorable general COLA, ADDA Members shall receive the same benefit.

• In the event that Plaintiffs at any time agree, or the Court rules, that MasterCard may use a particular visual identification method for MasterCard POS Debit Devices, then Plaintiffs’ agreement or the Court’s ruling will be considered a term of the MasterCard Settlement Agreement for purposes of the Most Favored Nations Clause set forth in paragraph 30 below.

• The parties agree to continue the provisions of the October 5, 2003 Side Letter Agreement, which was reached pursuant to the Xxxx 0 Most Favored Nations Clause, through June 30, 2005.

• Thus, the Most Favored Nations Clause is clearly different from a parity clause which would operate to automatically incorporate such new provision into the PCC Agreement.

• In the eve nt that Plaintiffs at any time agree, or the Court rules, that MasterCard may use a particular visual identification method for MasterCard POS Debit Devices, then Plaintiffs’ agreement or the Court’s ruling will be considered a term of the MasterCard Settlement Agreement for purposes of the Most Favored Nations Clause set forth in paragraph 30 below.

• Article VI functions to outline the specific circumstances when a host state is required to compensate an investor, and to ensure that any compensation is compliant with the Most Favored Nations Clause (hereinafter “MFNC”).81.

• The President of the District Council will have the discretion to allow a contract to become effective before a bond is provided and the exercise of this discretion shall not be deemed to violate the Most Favored Nations Clause of this Agreement.

• No decision or action by the Union to use one or more methods of seeking to obtain a bond from one Employer, but not from another Employer, will be deemed to violate the Most Favored Nations Clause of the Agreement.

More Definitions of Most Favored Nations Clause

Most Favored Nations Clause refers to the provisions granting the Purchaser certain rights in the event the Company grants more favorable terms to another party, as set forth in Section 4.2.1 of this Agreement.

Most Favored Nations Clause. ("MFN") means any written or unwritten agreement between a Health Care Provider and a Health Plan that prevents the Health Care Provider from offering a lower reimbursement rate, or preferable term or condition to another third-party payor than the Health Care Provider provides to that Health Plan.

Most Favored Nations Clause. In the event that Keitx Xxxporation enters into an agreement with a third party granting a licensee comparable business terms to the license granted to Watsxx xxxein but containing royalty terms more favorable to the third party than those contained herein, the Keitx Xxxporation shall notify Watsxx xx such grant and such more favorable royalty terms and Watsxx xxxll have the right to elect to replace the royalty terms contained herein with such more favorable royalty terms.

Most Favored Nations Clause or "MFN"). To implement this Paragraph, Sulzer will provide undersigned counsel with a copy of all settlement agreements, if any, it may enter into with third party payors. The amounts paid by Sulzer to any third-party payor as a result of any judgment rendered against Sulzer and/or an opt-out, shall not trigger the MFN provisions under this Paragraph.