Common use of Budget Surplus Reconciliation Clause in Contracts

Budget Surplus Reconciliation. Medical Group shall receive one hundred percent (100%) of the Budget Surplus, until such time as Medical Group has received the applicable Capitation Restoration Amount. If the Budget Surplus exceeds the Capitation Restoration Amount, then PacifiCare and Medical Group shall each be entitled to fifty percent (50%) of the remaining Budget Surplus.

Budget Surplus Reconciliation. Medical Group and Hospital shall each receive one hundred fifty percent (10050%) of the Budget Surplus, until such time as either Hospital or Medical Group has received the applicable Capitation Restoration Amount. Additional Budget Surplus amounts shall be paid to the party whose capitation has yet to be restored until that party has received the applicable Capitation Restoration Amount. If the Budget Surplus exceeds the Capitation Restoration AmountAmount for both Hospital and Medical Group, then PacifiCare PacifiCare, Hospital and Medical Group shall each be entitled to fifty percent (50%) one-third of the remaining Budget Surplus.