Common use of Cost of Insurance Clause in Contracts

Cost of Insurance. If, during the term of this Agreement, Provider’s cost of property and casualty insurance increases by twenty-five percent (25%) or more, or if new State regulations impose additional costs on Provider, Provider may request that DHS review this Agreement and adjust the compensation or reimbursement provisions hereof in accordance with any agreement reached, all of which shall be at the sole discretion of DHS and subject to the limitations of DHS’ appropriated funds.

Cost of Insurance. If, during the term of this Agreement, Provider’s cost of property and casualty insurance increases by twenty-five twenty‐five percent (25%) or more, or if new State regulations impose additional costs on Provider, Provider may request that DHS review this Agreement and adjust the compensation or reimbursement provisions hereof in accordance with any agreement reached, all of which shall be at the sole discretion of DHS and subject to the limitations of DHS’ appropriated funds.

Cost of Insurance. If, during the term of this Agreement, the Provider’s cost of property and casualty insurance increases by twenty-five percent (25%) or more, or if new State regulations impose additional costs on the Provider, the Provider may request that DHS review this Agreement and adjust the compensation or reimbursement provisions hereof in accordance with any agreement reached, all of which shall be at the sole discretion of DHS and subject to the limitations of DHS’ appropriated funds.