Facility Payment Sample Clauses

The Facility Payment clause defines the terms and conditions under which payments are made for the use of a particular facility or service. Typically, it outlines the payment schedule, amounts due, acceptable payment methods, and any penalties for late payment. For example, it may require monthly payments for the rental of office space or equipment, specifying due dates and consequences for non-payment. The core function of this clause is to ensure both parties have a clear understanding of financial obligations, thereby reducing the risk of disputes over payment and maintaining smooth business operations.
Facility Payment. Any amounts payable hereunder to any person under legal disability or who, in the judgment of the Committee, is unable to properly manage his financial affairs, may be paid to the legal representative of such person, or may be applied for the benefit of such person in any manner which the Committee may select, and CEP and its Affiliates shall be relieved of any further liability for payment of such amounts.
Facility Payment. If a benefit is payable to a minor, to a person declared incompetent, or to a person incapable of handling the disposition of his property, the Plan Sponsor may pay such benefit to the guardian, legal representative or person having the care or custody of such minor, incompetent person or incapable person. The Plan Sponsor may require proof of incompetence, minority or guardianship as it may deem appropriate prior to distribution of the benefit. Such distribution shall completely discharge the Plan Sponsor from all liability with respect to such benefit.
Facility Payment. On the Commencement Date, Tenant shall pay to Landlord, without notice, deduction, offset or demand, in lawful money of the United States of America, at the offices of the Landlord or at such other place as Landlord may designate in writing, the Facility Payment.
Facility Payment a. In no event shall ▇▇▇▇▇▇▇▇▇▇ EMS bill Facility for emergency Transportation Services where the patient pickup originates in the community or from an outside health care facility (acute care hospital, skilled nursing facility, etc.). b. For medically necessary Transportation Services provided to patients that are located at Facility’s ▇▇▇▇▇▇ or Brighton campus, ▇▇▇▇▇▇▇▇▇▇ EMS shall bill the appropriate governmental or third-party payor for the Transportation Service. In the event ▇▇▇▇▇▇▇▇▇▇ EMS’s claim for payment is denied by the governmental or third-party payor, ▇▇▇▇▇▇▇▇▇▇ EMS shall make a reasonable attempt to appeal the denial through the payor’s claims denial process and/or resubmit the claim with additional detail. Facility shall assist ▇▇▇▇▇▇▇▇▇▇ EMS as needed in obtaining details regarding medical necessity. If the appeal is unsuccessful, ▇▇▇▇▇▇▇▇▇▇ EMS may bill Facility for the Transportation Service according to the rates listed on the attached Appendix A. c. For Transportation Services requested by Facility in order to effectuate a timely discharge of patients back to the community or to a next site of care, ▇▇▇▇▇▇▇▇▇▇ EMS may bill Facility according to the rates listed on Appendix A if the Transportation Service is unable to be billed to a governmental or third-party payor. Within thirty (30) days of the end of each calendar month during the Term hereof, ▇▇▇▇▇▇▇▇▇▇ EMS shall deliver an invoice for all Transportation Services provided during such month for which Facility is responsible for payment. Each invoice shall set forth the aggregate amount due to ▇▇▇▇▇▇▇▇▇▇ EMS for all Transportation Services rendered during the previous month, together with the following information for each transport: date of service, level of service provided (e.g. ALS, BLS, etc.), origin and destination, evidence of insurance denying the claim and an unsuccessful appeal of the claim (where applicable), and such other information as Facility may reasonably request. The rates offered in Appendix A are based on the Medicare Part B fee schedule and shall be automatically updated throughout the Term (including any renewal terms) to align with any changes or updates to the Medicare fee schedule from CMS.

Related to Facility Payment

  • Loan Payment Payments of principal, interest, and Late Charges (as defined in the Note) shall be made as provided in the Note.

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • PAYMENT OF LOAN FEE Borrower shall pay to Lender a fee in the amount of Five Thousand and 00/100 Dollars ($5,000.00) (the "Loan Fee") plus all out-of-pocket expenses.

  • Longevity Payments (a) Longevity payments as set out in the salary schedule in Appendix A-1 (Interest Arbitration ineligible employees) and Appendix A-2 (Interest Arbitration eligible employees) will be provided to eligible employees upon completion of 10, 15, 20 and 25 years of continuous service. Continuous service shall mean time in a title or combination of titles which have existed and/or presently exist in the Security Services Unit, Agency Police Services Unit or Security Supervisors Unit. Such payment will be added to base pay effective on the payroll period which next begins following the actual completion of 10, 15, 20 and 25 years of continuous service. (b) In no event may an employee's basic annual salary exceed the longevity maximum of the salary grade as the result of the longevity payment or adjustment. (c) Employees whose basic annual salary after the application of the general increase and implementation of the new salary schedule is above the job rate will be considered to have received longevity payments in the amount by which their basic annual salary exceeds the job rate for their grade. (d) Such longevity payments will be added to and considered part of base pay for all purposes except for determining an employee's change in salary upon movement to a different salary grade and his potential for movement to the job rate of the new grade, after which determination the appropriate longevity payments will be restored. (e) The longevity amount for all employees will be adjusted to reflect the longevity payments which are appropriate to their current salary grade.

  • Advance Payments The Employer agrees to issue advance payments of estimated net salary for vacation periods of two (2) or more complete weeks, providing a written request for such advance payment is received from the employee at least six (6) weeks prior to the last pay before the employee’s vacation period commences, and providing the employee has been authorized to proceed on vacation leave for the period concerned. Pay in advance of going on vacation shall be made prior to departure. Any overpayment in respect of such pay advances shall be an immediate first charge against any subsequent pay entitlement and shall be recovered in full prior to any further payment of salary.