Common use of Under Payment Clause in Contracts

Under Payment. If any audit discloses that the Member has under-paid EHFs to PCA, such under-payment and the Member shall be subject to the applicable Rules, Guidelines and Policies. Without in any way limiting the foregoing, in such event, where the amount of the under-payment, for any period, exceeds the greater of either (i) two percent (2%) of the Member’s total EHFs payment obligations or (ii) five hundred dollars ($500), then the Member shall in addition to any other liability at law, pay to PCA, within thirty (30) days of written notice, the additional EHFs due and interest and/or administrative fees for under-payments in accordance with the Rules, Guidelines and Policies.

Appears in 4 contracts

Sources: Membership Agreement, Membership Agreement, Membership Agreement