Common use of Budget Deficit Reconciliation Clause in Contracts

Budget Deficit Reconciliation. In the event of a Budget Deficit, Medical Group shall not be responsible for making any payments under the PacifiCare POS Control Program. However, *** of the Budget Deficit amount shall be considered a Medical Group obligation for purposes of offsetting surpluses under other incentive programs under the Agreement.

Appears in 5 contracts

Samples: Ipa Services Agreement (Prospect Medical Holdings Inc), Ipa Services Agreement (Prospect Medical Holdings Inc), Ipa Services Agreement (Prospect Medical Holdings Inc)

AutoNDA by SimpleDocs

Budget Deficit Reconciliation. In the event of a Budget Deficit, Medical Group shall not be responsible for making any payments under the PacifiCare POS Control Program. However, *** fifty percent (50%) of the Budget Deficit amount shall be considered a Medical Group obligation for purposes of offsetting surpluses under other incentive programs under the Agreement.

Appears in 3 contracts

Samples: Ipa Services Agreement (Prospect Medical Holdings Inc), Services Agreement (Prospect Medical Holdings Inc), Services Agreement (Prospect Medical Holdings Inc)

AutoNDA by SimpleDocs

Budget Deficit Reconciliation. In the event of a Budget Deficit, neither Medical Group nor Hospital shall not be responsible for making any payments under the PacifiCare POS Control Program. However, *** fifty percent (50%) of the Budget Deficit amount shall be considered a Medical Group obligation for purposes of offsetting surpluses under other incentive programs under the Agreement.

Appears in 1 contract

Samples: Ipa Services Agreement (Prospect Medical Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.