Third-Party Payment Clause Samples
The Third-Party Payment clause establishes the terms under which payments related to the contract may be made by or to parties other than the primary contracting parties. Typically, this clause outlines the circumstances in which a third party, such as a parent company or financial institution, can fulfill payment obligations on behalf of one of the parties, or receive payments due under the agreement. Its core practical function is to provide flexibility in payment arrangements, ensuring that contractual obligations can be met even if a third party is involved, and to clarify the rights and responsibilities of all parties in such scenarios.
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Third-Party Payment. Company shall have no obligation to accept work submitted by Customer to be billed to a third party. If Company accepts such work, Customer and the third party are jointly and severally liable for payment to Company.
Third-Party Payment. Unless expressly provided for in the solicitation, the State will not accede to any request for third party or joint payment(s), except as provided for in specific orders by a court of competent jurisdiction, or by express written permission of the State Purchasing Agent. If a Vendor’s bid or proposal is contingent upon such payment(s), then it must be clearly stated within the bid or proposal and is subject to approval by the State Purchasing Agent.
Third-Party Payment. No third party payment is accepted.
Third-Party Payment. 41 The Provider shall have a written policy regarding third-party payments that 42 complies with provisions of North Sound BH-ASO’s P&P’s. The policy shall explain 43 the process in place to pursue, in accordance with reasonable collection practices, 1 third-party payments for individuals who are covered by other benefit plans and 2 private pay. The Provider shall document its collections of third-party payments.
Third-Party Payment. 20 The Provider shall have a written policy regarding third-party payments that complies with
Third-Party Payment. Payment by a financial agent, including but not limited to self-insured plans, commercial/private insurance plans, Medicare, Medicaid, or other parties that are, by statute, contract, or agreement, legally responsible for payment of a claim for a health care item or service. HHSC CRS is considered a payor of last resort. If an individual has third party benefits, the Contractor is required to provide HHSC CRS with the explanation of benefits (EOB) or denial from other pay sources(s). It is the Contractor’s responsibility to communicate with HHSC CRS Staff regarding pre-authorizations or estimated third party payment prior to service delivery in order for HHSC CRS staff to provide appropriate authorization of services.
Third-Party Payment. The plan accepts cost-sharing accumulation for any third-party payment (such as a drug manufacturer’s coupon or copay assistance program) and that the rebated amount will count towards the insured’s cost-sharing. An enrollee who uses direct support offered by drug manufacturers for specific prescription drugs will have the value of the support counted toward Maximum Out of Pocket Limit.
Third-Party Payment. The Provider shall have a written policy regarding third party payments that complies with provisions of GRBH-ASO s contract with MCOs, as described in GRBH-ASO P&Ps.
Third-Party Payment. In the event that the company or a third party agree to pay the bus fees owed, the so-called “Confirmation of Payment” shall apply and is enclosed to this Contract as accessible via the generic document folder in SchoolBase.
Third-Party Payment. PostWorks New York shall have no obligation to accept work submitted by the Customer to be billed to a third party. If PostWorks New York accepts such work; the Customer and the third party are jointly and severally liable for payment to PostWorks New York.