Rebate Percentage definition

Rebate Percentage means an amount (expressed in a percentage) equal to the average total rebate required under section 1927(c) of the Social Security Act with respect to each dosage, form, and strength of a single source or innovator multiple source drug during the preceding calendar quarter; divided by the AMP for such a unit of the drug during such quarter.
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Rebate Percentage means an amount (expressed in a percentage) equal to the average total rebate required under section 1927(c) of the Social Security Act with respect to each dosage, form, and strength of a single source or innovator multiple source drug during the preceding calendar quarter; divided by the AMP for such a unit of the drug during such quarter. (m)"the Secretary" means the Secretary of Health and Human Services, or any successor thereto, or any officer or employee of the Department of Health and Human Services or successor agency to whom the authority to implement this agreement has been delegated. (n) "Unit of the Drug" means a drug unit in the lowest identifiable amount (e.g., tablet or capsule for solid dosage forms, milliliter for liquid forms, gram for ointments or creams). The Manufacturer will specify the unit associated with each covered outpatient drug, as part of the submission of data, in accordance with the Secretary's instructions provided pursuant to Section II of the Agreement. (o) "Wholesaler" means any entity, having a wholesale distributor's license, to which a Manufacturer sells the covered outpatient drug, but which does not relabel or repackage the covered outpatient drug.
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Rebate Percentage has the meaning given it in Section 3.2.
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Examples of Rebate Percentage in a sentence

  • The term "Included Rebates" shall mean, for any period of determination, (i) the aggregate of all rebates of interest for that period, multiplied by (ii) the Included Rebate Percentage.

  • The Storage Capacity Rebate for a Support Year is calculated as follows: GSY = CSY x SCPSY where: GSY = the Storage Capacity Rebate for the Support Year (in $); CSY = the Annual Support Amount for the relevant Support Year (in $); and SCPSY = the Storage Capacity Rebate Percentage for the Support Year (expressed as a percentage).

  • On or before December 15th of each year, HMO shall notify PPG of the Rebate Percentage.

  • The term "Included Rebate Percentage" shall mean, for any period of determination, the percentage determined by dividing (i) the aggregate of all Charge Offs for that period, by (ii) the Nonpayment Net Receivable Reductions for that period.

  • INTERIM Billing InstallmentsFINAL Billing Installments1010 Rebate Percentage for Eligible Charities (SLC 72 2099 xx) .

  • For each Quarter, Amgen shall calculate the amount of Dialysis Center’s Quality Rebate by multiplying Qualified Gross Purchases during such Quarter by the applicable Quality Rebate Percentage set forth in the Quality Rebate Table below corresponding to the applicable Total Quality % Score for such Quarter.

  • Table 1 Summary of Anthem Supplemental Rebate Agreements in Place during SFY 2020 Number of Contracts Number of Manufacturers Under Contract SFY 2020 Amount Anthem Medicaid Paid Providers for Products Under Contract During Contract Term Contract Value During SFY 2020 Supplemental Rebate Percentage of Drug Spend for Contracted Products 217 130 $81,633,838.14 $3,945,103.51 4.83% Table 2 below lists the SRAs in place during SFY 2020.

  • Amgen shall determine the amount of Dialysis Center’s Special Price Rebate for any Quarter by calculating the product of (i) Qualified Gross Purchases during such Quarter which purchases have been made while [DELETED] and (ii) the Special Price Rebate Percentage for such Quarter.

  • The term "Included Rebate Percentage" shall mean, for any period of determination, the percentage determined by (i) the aggregate of all Charge Offs for that period, divided by (ii) the Nonpayment Net Receivable Reductions for that period.

  • The Storage Capacity Rebate Percentage for a Support Year is calculated as follows: SCPSY = (SCSY - MSOC - TSCSY) / (SCSY - MSOC) where: SCPSY = the Storage Capacity Rebate Percentage for the Support Year (expressed as a percentage); SCSY = the Storage Capacity for that Support Year; MSOC = the Minimum State of Charge; and TSCSY = the Tested Storage Capacity as determined under section 5.4, provided that if the Storage Capacity Rebate Percentage is less than 0% then it will be deemed to be 0%.

Related to Rebate Percentage

  • Subordinate Percentage As of any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, any Loan Group, 100% minus the related Senior Percentage as of such Distribution Date.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.