Termination Without Liability Date definition

Termination Without Liability Date means the date by which the ACO must provide written notice of termination of the Agreement Performance Period to avoid liability for Shared Losses for the Performance Year. The Termination Without Liability Date for a Performance Year is the later of either: a) February 28 of the Performance Year or b) 30 Days after CMS distributes the Performance Year Benchmark Report for the Performance Year to the ACO. The Termination Without Liability Date will be no later than August 31 of a Performance Year.
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Termination Without Liability Date means the date by which the DCE must provide written notice of termination of the Agreement to avoid liability for Shared Losses for the Performance Year. The Termination Without Liability Date for a Performance Year is the later of either: a) February 28 of the Performance Year or b) 30 Days after CMS distributes the Performance Year Benchmark Report for the Performance Year to the DCE. The Termination Without Liability Date will be no later than August 31 of a Performance Year. There is no Termination Without Liability Date for the DCE's first Performance Year.
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Examples of Termination Without Liability Date in a sentence

  • If the ACO selects to participate in Provisional Financial Settlement for a Performance Year, CMS will not conduct Provisional Financial Settlement for that Performance Year if the ACO provides written notice of termination of the Agreement Performance Period during that Performance Year, even if the ACO provides such written notice of termination after the Termination Without Liability Date for that Performance Year.

  • The ACO will earn back the Retention Withhold Amount (as described in Section V.D.1 of Appendix B) during Final Financial Settlement for the ACO’s first Performance Year in accordance with the methodology described in Appendix B, only if the ACO does not provide written notice of termination of the Agreement Performance Period pursuant to Section 17.03 on or before the Termination Without Liability Date of the ACO’s second Performance Year.

  • If the ACO voluntarily terminates the Agreement Performance Period pursuant to Section 17.03 prior to the end of a Performance Year with an effective date greater than 30 Days after the Termination Without Liability Date, the ACO shall not be eligible to receive Shared Savings but shall remain liable for Shared Losses for such Performance Year.

  • The ACO shall not report quality measures data on behalf of its Participant Providers for a Performance Year if the ACO provides notice of termination to CMS of the Agreement Performance Period pursuant to Section 17.03 that its termination is effective no later than 30 Days after the Termination Without Liability Date of a Performance Year.

  • The DCE will earn back the Retention Withhold Amount (as described in Section V.D.1 of Appendix B) during Final Financial Settlement for the DCE’s first Performance Year in accordance with the methodology described in Appendix B, only if the DCE does not provide written notice of termination of the Agreement Performance Period pursuant to Section 17.03 on or before the Termination Without Liability Date of the DCE’s second Performance Year.

  • If the DCE selected the Financial Guarantee Participation Commitment Mechanism and the DCE voluntarily terminates the Agreement Performance Period pursuant to Section 17.03 by providing notice to CMS on or before the Termination Without Liability Date of the DCE’s second Performance Year, CMS shall pursue payment for the Retention Guarantee Amount under the DCE’s financial guarantee required under Section 12.05 or Retention Guarantee described in Section 12.03.B.

  • If the DCE selects to participate in Provisional Financial Settlement for a Performance Year, CMS will not conduct Provisional Financial Settlement for that Performance Year if the DCE provides written notice of termination of the Agreement Performance Period during that Performance Year, even if the DCE provides such written notice of termination after the Termination Without Liability Date for that Performance Year.

  • If the DCE voluntarily terminates the Agreement Performance Period pursuant to Section 17.03 by providing notice to CMS on or before the Termination Without Liability Date of a Performance Year, with an effective date no later than 30 Days after the date of that notice, no annual settlement shall be conducted for that Performance Year and the DCE shall neither be eligible to receive Shared Savings nor liable for Shared Losses for such Performance Year.

  • If the DCE voluntarily terminates the Agreement pursuant to Section 17.03 prior to the end of a Performance Year with an effective date greater than 30 Days after the Termination Without Liability Date, the DCE shall not be eligible to receive Shared Savings but shall remain liable for Shared Losses for such Performance Year.

  • If the DCE selected the Financial Guarantee Participation Commitment Mechanism and the DCE voluntarily terminates the Agreement pursuant to Section 17.03 by providing notice to CMS on or before the Termination Without Liability Date of the DCE's second Performance Year, CMS shall pursue payment for the Retention Guarantee Amount under the DCE's financial guarantee required under Section 12.05 or Retention Guarantee described in Section 12.03.B.

Related to Termination Without Liability Date

  • Termination With Cause and “Cause” shall have the same meaning specified in any effective severance or employment agreement existing on the date hereof or hereafter entered into between the Executive and the Bank. If the Executive is not a party to a severance or employment agreement containing a definition of termination with cause, Termination with Cause means the Bank terminates the Executive’s employment for any of the following reasons –

  • Termination Without Cause means a Separation as a result of a termination of the Executive’s employment by the Company without Cause and other than as a result of Disability.

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

  • Derivatives Termination Value means, in respect of any one or more Derivatives Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Derivatives Contracts, (a) for any date on or after the date such Derivatives Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a) the amount(s) determined as the ▇▇▇▇-to-market value(s) for such Derivatives Contracts, as determined based upon one or more mid-market or other readily available quotations provided by any recognized dealer in such Derivatives Contracts (which may include the Agent or any Lender).

  • Early Opt-in Effective Date means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders.