Overpayment Amounts definition

Overpayment Amounts means, collectively, (i) any amount owed to any third party by Buyer or any of the Acquired Group Companies to the extent reflected as “Accounts Receivable Credit Balance” on the balance sheet of the Acquired Group Companies as of the Closing, to the extent not reflected in Net Working Capital as a current liability, (ii) any amount owed to any Governmental Authority by Buyer or any of the Acquired Group Companies to the extent in respect of (x) that certain one-time payment to the Acquired Group Companies made by OptumBank via automated clearing house on or around April 10, 2020 with the description “HHS PAYMENT” and those certain Terms and Conditions applicable to the CARES Act Provider Relief Fund, as defined by The U.S. Department of Health and Human Services, (y) the applications described on Section 1.1(a) of the Seller Disclosure Schedule or (z) any other funds received by the Acquired Group Companies in respect of the CARES Act or the PPPHCEA prior to the date hereof, and (iii) fifty percent (50%) of any amount owed to any Governmental Authority by Buyer or any of the Acquired Group Companies in respect of any Relief Payments as defined in clause (ii) of the definition thereof. For purposes of clarity, all amounts of the type described in the line item labeled “Accounts Receivable Credit Balance” in the March 31, 2020 trial balances of the Acquired Group Companies and Excluded Entities shall be Overpayment Amounts.
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Overpayment Amounts means, as of any date with respect to any Pooled Loan, any amounts collected as a result of overpayment or similar error by the related Obligor; provided, that, no such amounts collected from an Obligor shall constitute Overpayment Amounts unless such amounts are returned to the related Obligor.
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Overpayment Amounts has the meaning set forth in Section 3.10.
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Examples of Overpayment Amounts in a sentence

  • B Rules for Transferring Overpayment Amounts to NRRS Legitimate debts payable to CCC shall be transferred to NRRS immediately upon identification so the producer is timely notified and debt collection procedures are initiated.

  • Until this Base Indenture and all Indenture Supplements are terminated pursuant to Section 11.1, the Issuer shall cause all Collections due and to become due to the Issuer or the Indenture Trustee, as the case may be, under or in connection with the Collateral (other than any amounts constituting Overpayment Amounts) to be remitted directly into the Collection Account or the Lockbox Account in accordance with Section 2(a)(i) of the Servicing Agreement.

  • Accordingly the remainder of this Section 3.10 shall apply where Astellas has deposited into the Joint Concentration Account any Overpayment Amounts.

  • A Computing Payment and Overpayment Amounts (Continued) The following table describes the high-level system processing sequence to calculate STRP payment for producers.

  • One Agency Submitted Incorrect Overpayment Amounts and Corrective Actions Our review disclosed that NRCS sometimes submitted incorrect information on overpayment amounts, recoveries, and preventative actions to OCFO for the Department- level quarterly reports on high-dollar overpayments.

  • Notwithstanding anything to the contrary in this Agreement, Buyer and the Acquired Group Companies shall have the right to reduce any payments otherwise required to be made to Seller under this Section 5.7(b) by the amounts, if any, equal to the Overpayment Amounts.

  • Where Overpayment Amounts are recovered by means of an offset, the Overpayment and offset amounts will be properly credited to, or debited from, the affected dental Plan(s) so that all involved dental Plans will have been administered according to their terms and will have paid only the amount that is properly payable for the services provided.

  • The Servicer shall direct all Collections (other than Overpayment Amounts and any late fees) actually received and on deposit with the Servicer on any Business Day to be transferred on such Business Day into the Collection Account.

  • If GASCO receives an invoice or a reimbursement relating to Costs to Casing Point, Completion Costs and Recompletion, Reworking or Plugging Back Costs after the expiration of the 120 day period referenced in this Section 3.2(f), the Parties shall account for such invoice or reimbursement, by invoicing or crediting, as applicable, in the same manner as provided in connection with excess Actual Well Costs and Overpayment Amounts.

  • For the logic on the overpayments amount write-off, three core procedures were created: • Write-Off Overpayment Amounts, algorithm 1: the entry point for the write-off logic;• Create Net Recovery, algorithm 2: method that calculates a net amount across the overpay- ment and desired write-off;• Authority Limits, algorithm 3: validating the user’s authority limits against the write-off intended.


More Definitions of Overpayment Amounts

Overpayment Amounts means, as of any date with respect to any Pledged Receivable, any amounts collected as a result of overpayment or similar error by the related Merchant.
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Related to Overpayment Amounts

  • Overpayment means payment in excess of the required fee. Overpayment of less than $10 received by the board shall not be refunded.

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Grant Agreement, including any unapproved expenditures. Xxxxxxx understands and agrees that it shall be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Grant Agreement. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Grant Agreement.

  • Undisputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Reimbursement Amounts As defined in Section 3.22.

  • Payment Amount as defined in Section 3.5.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Disputed Amounts has the meaning set forth in Section 2.04(c)(iii).

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Relevant Amounts means the Outstanding Principal Amounts of the Notes, together with any accrued but unpaid interest and additional amounts (as described in Condition 10 (Taxation)) due on the Notes. References to such amounts will include amounts that have become due and payable, but which have not been paid, prior to the exercise of any Danish Statutory Loss Absorption Powers by the Relevant Resolution Authority;

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Underpayment shall have the meaning set forth in Section 5(b).

  • Reimbursement Amount As defined in Section 2.04.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Contract Adjustment Payments means the payments payable by the Company on the Special Payment Date or the Payment Dates in respect of each Purchase Contract, at a rate per year of [•]% of the Stated Amount per Purchase Contract.

  • Declined Amounts has the meaning specified in Section 2.05(c).

  • Allocation Amount means, as of the Closing Date, the Series 2023-1 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2023-1 Stated Principal Amount resulting from the issuance of additional Series 2023-1 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge- Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2023-1 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greater than the Adjusted Outstanding DollarPrincipal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Amounts (As of Date of Item 2 above): a. Aggregate Commitment under Credit Agreement b. Assignee’s Percentage of the Aggregate Commitment purchased under this Assignment Agreement** %

  • Withheld Amounts shall have the meaning assigned to such term in Section 3.

  • 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.

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