Common use of Amendments 1 Clause in Contracts

Amendments 1. Section 21.4.1 shall be amended as follows: 21.4.1 Notwithstanding anything to the contrary in this Contract, because the Parties have not completed the revision of the PMPM Payments by the expiration of the current rating period which ended on June 30, 2020 (the “Expired Rating Period”) such that the new rating period must commence without revised PMPM Payments, then the following shall occur: 21. 4.1.1 ASES shall continue to pay Contractors at the PMPM Payment rates that existed during the Expired Rating Period; 21. 4.1.2 As soon as practicable, but in no event more than seventy seven (77) days following the expiration of the Expired Rating Period, or sooner if the revised PMPM Payments (“Updated PMPM Payments”) become available, the Parties shall complete in good faith the review of the Updated PMPM Payments.

Appears in 1 contract

Sources: Contract for the Provision of Health Services (Triple-S Management Corp)

Amendments 1. Section 21.4.1 shall be amended as follows: 21.4.1 Notwithstanding anything to the contrary in this Contract, because the Parties have not completed the revision of the PMPM Payments by the expiration of the current rating period which ended on June 30, 2020 (the “Expired Rating Period”) such that the new rating period must commence without revised PMPM Payments, then the following shall occur: 21. 4.1.1 ASES shall continue to pay Contractors at the PMPM Payment rates that existed during the Expired Rating Period; 21. 4.1.2 As soon as practicable, but in no event more than seventy seven (7770) days following the expiration of the Expired Rating Period, or sooner if the revised PMPM Payments (“Updated PMPM Payments”) become available, the Parties shall complete in good faith the review of the Updated PMPM Payments.

Appears in 1 contract

Sources: Contract for the Provision of Health Services (Triple-S Management Corp)