Discount Arrangements Sample Clauses
The Discount Arrangements clause defines the terms under which discounts are applied to the prices or fees specified in an agreement. It typically outlines the conditions that must be met for a discount to be granted, such as early payment, bulk purchases, or meeting certain sales targets. This clause ensures both parties have a clear understanding of when and how discounts are calculated and applied, thereby preventing disputes and promoting transparency in financial transactions.
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Discount Arrangements. From time to time, HMO may offer, provide, or arrange for discount arrangements or special rates from certain service Providers such as pharmacies, optometrists, dentist, alternative medicine, wellness and healthy living providers to Members or persons who become Members. Some of these arrangements may be available through third parties who may make payments to HMO in exchange for making these services available. The third party service Providers are independent contractors and are solely responsible to Members for the provision of any such goods and/or services. HMO reserves the right to modify or discontinue such arrangements at any time. These discount arrangements do not constitute benefits provided under the Group Agreement. There are no benefits payable to Members nor does HMO compensate Providers for services they may render.
Discount Arrangements. Essilor shall establish and implement a written review and approval process for Discount Arrangements, the purpose of which is to ensure that all existing, new or renewed Discount Arrangements do not violate the Anti-Kickback Statute, and that includes at least the following:
a. creating and maintaining a centralized tracking system for all existing and new or renewed Discount Arrangements;
b. documenting the names and positions of the Covered Person(s) involved in the negotiation, review, and approval of all Discount Arrangements;
c. a legal review of all Discount Arrangements by counsel with expertise in the Anti-Kickback Statute;
d. tracking all remuneration to and from all parties to Discount Arrangements to ensure that the parties are complying with the financial terms of the Discount Arrangements and that the Discount Arrangements are commercially reasonable;
e. a process for specifying and documenting the business need or business rationale for all Discount Arrangements;
f. a process to ensure that discounts, rebates, or other reductions in price are determined and approved in accordance with a centrally managed, pre-set rate structure established by Essilor;
g. ensuring that all Discount Arrangements are set forth in writing and describe the discount, rebate or other reduction in price being offered to the ECP or ECI; and
h. requiring the Compliance Officer to review the Discount Arrangements Tracking System and internal review and approval process on at least an annual basis and to provide a report on the results of such review to the Compliance Committee.
Discount Arrangements. 8.1 The Brand Activation Grids specifically disclosed in the Disclosure Letter do not materially misstate the planned advertising and promotional activity in respect of the Business during the calendar year 2012.
Discount Arrangements. We can offer you discounts on health care related goods or services. Sometimes, other companies provide these discounted goods and services. These companies are called “third party service providers”. These third party service providers may pay us so that they can offer you their services. Third party service providers are independent contractors. The third party service provider is responsible for the goods or services they deliver. We are not responsible; but we have the right to change or end the arrangements at any time. These discount arrangements are not insurance. We don’t pay the third party service providers for the services they offer. You are responsible for paying for the discounted goods or services.