Private equity funds are typically set up as general partnerships with the PE firm as the general partner and the investors as limited partners. What Does Clawback Provision Mean? With a standard claim, the provider submits the service or product to the insurance and the benefit manager or plan will price the product and return the patient’s copay. A “clawback” allows a trustee to void (undo) a transaction and get the money or property back for the benefit of your unsecured creditors. "Clawback" is the term used to describe this power, which allows the trustee to regain assets should have been part of the debtor's bankruptcy estate, but were removed or hidden from the trustee by the debtor by means of preferential or fraudulent transfers. claw back synonyms, claw back pronunciation, claw back translation, English dictionary definition of claw back. Clawbacks are contractual provisions that require an employee to repay compensation received from an employer following events such as an employee's termination of employment, to compensate the employer in the event of an employee's misconduct, to … Employers recently have been exploring the use of "clawbacks" to recover bonus compensation payable to employees. The term clawback means an action where a benefactor or employer takes back money that was already distributed, likely with a penalty added on. Clawback A dividend clawback is an arrangement whereby the equity owners commit to use dividends they have received in the past to finance the cash needs of the project or corporation in the future. Some companies might include clawback provisions into their employee contracts, whether these … The clawback provision is a term used in the private equity world. Clawback has a more general definition. The Importance of a Clawback. In Chapter 7 bankruptcy, the trustee has the right to take back property or money that the debtor improperly gave away before filing. A trustee will use the clawback provision if you pay a preferred creditor or transfer property out of your name before filing for bankruptcy. Define claw back. What is a claw-back? Tax Clawback Agreement: An arrangement whereby the tax benefits received from a given venture are reinvested in the venture to cover any cash shortages. June 12, 2009. vb 1. to get back with difficulty 2. to recover , esp by taxation or a penalty n 3. the recovery of a sum of money, esp by taxation or a penalty 4. What is a Clawback? A recovering of money paid out previously. What does clawback mean? Read on to learn more about the clawback provision in bankruptcy. The minimum clawback threshold and the 15% recovery rate are legislated amounts, whereas the maximum clawback threshold is simply a calculated figure that would be lower if the person is only receiving a partial OAS pension and it will be higher for a person who is receiving a full OAS pension increased by 36% due to voluntary deferral. There is bipartisan support in Congress for “negotiated price” guidance because it is in the best interests of the taxpayer, independent pharmacists, and good fiscal management. This is where a clawback feature comes into play, which is an important feature to have in any deal with an American waterfall. Clawback definition, the recovery of previously dispensed or protected money or benefits through a contractual provision or tax law, typically triggered to counter a shortfall in financial performance or offset a liability (often used attributively): One executive’s clawback exceeded fifty million dollars.Most public companies have clawback provisions, but boards choose not to invoke them. (noun) The clawback is a symptom of the lack of transparency that is pervasive in the healthcare industry. The clawback feature is detailed in the PPM and entitles investors to get paid back any incentive fees taken by … In this case, patient’s copay represents all, or some part of the total price. Is where a clawback feature comes into play, which is an important to! A term used in the private equity funds are typically set up as general partnerships with the PE as! All, claw back meaning some part of the total price a clawback feature comes into play, which an... 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