Common use of Financial Reductions Clause in Contracts

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the Funder, the HSP may be subject to a financial reduction in any of the following circumstances: its CAPS is received after the due date; its CAPS is incomplete; the quarterly performance reports are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder actions or inaction or the actions or inactions of persons acting on behalf of the Funder. If assessed, the financial reduction will be as follows: if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the Funder, the HSP may be subject to a financial reduction in if any of the following circumstances: its CAPS is Reports are received after the due date; its CAPS is , are incomplete; the quarterly performance reports , or are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, inaccurate where the errors or delay were not as a result of Funder actions or inaction or the actions or inactions of persons acting on behalf of the Funder. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the Funderinaction. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: its CAPS is received after the due date; its CAPS is incomplete; the quarterly performance reports are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: if received within 7 Days days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in if any of the following circumstances: its CAPS is Reports are received after the due date; its CAPS is , are incomplete; the quarterly performance reports , LONG-TERM CARE HOME SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 — MARCH 31, 2022 or are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, inaccurate where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and , and; (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are late, incomplete or inaccurate, MULTI-SECTOR SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 — MARCH 31, 2022 where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial fi reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are requirementsare late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial fi reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are requirementsare late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as beas follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and hundredand fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half onehalf of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: its CAPS is received after the due date; its CAPS is incomplete; the quarterly performance reports are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are requirementsare late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (i) its CAPS is received after the due date; ; (ii) its CAPS is incomplete; ; (iii) the quarterly performance reports are not provided when due; or or (iv) financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the Funderinaction. If assessed, the financial reduction will be as follows: : (v) if received within 7 Days days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1i) a reduction of 0.02 percent (0.02%) of the Funding; or (2ii) two hundred and fifty dollars ($250.00); and and (vi) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the Funder, the HSP may be subject to a financial reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder actions or inaction or the actions or inactions of persons acting on behalf of the Funder. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: its CAPS is received after the due date; its CAPS is incomplete; the quarterly performance reports are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: if received within 7 Days days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.and

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (i) its CAPS is received after the due date; ; (ii) its CAPS is incomplete; ; (iii) the quarterly performance reports are not provided when due; or or (iv) financial or and/or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the Funderinaction. If assessed, the financial reduction will be as follows: : (v) if received within 7 Days days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1i) a reduction of 0.02 percent (0.02%) of the Fundingfunding identified on Schedule “B”; or (2) two hundred and fifty dollars ($250.00); and for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.or

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (1) its CAPS is received after the due date; ; (2) its CAPS is incomplete; ; (3) the quarterly performance reports are not provided when due; or or (4) financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and and (2) for every full or partial week of ` non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (i) its CAPS is received after the due date; ; (ii) its CAPS is incomplete; ; (iii) the quarterly performance reports are not provided when due; or or (iv) financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the Funderinaction. If assessed, the financial reduction will be as follows: : (v) if received within 7 Days seven days after the due date, incomplete or inaccurate, the financial penalty will be the greater of of: (1i) a reduction of 0.02 percent (0.02%) of the Funding; or (2ii) two hundred and fifty dollars ($250.00); and and (vi) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in any of the following circumstances: : (i) its CAPS is received after the due date; ; (ii) its CAPS is incomplete; ; (iii) the quarterly performance reports are not provided when due; or or (iv) financial or and/or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the Funderinaction. If assessed, the financial reduction will be as follows: : (v) if received within 7 Days days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1i) a reduction of 0.02 percent (0.02%) of the Fundingfunding identified on Schedule B; or (2) two hundred and fifty dollars ($250.00); and for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.or

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the Funder, the HSP may be subject to a financial reduction in any of the following circumstances: its CAPS is received after the due date; its CAPS is incomplete; the quarterly performance reports are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, where the errors or delay were not as a result of Funder actions or inaction or the actions or inactions of persons acting on behalf of the Funder. If assessed, the financial reduction will be as follows: if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in if any of the following circumstances: its CAPS is received after the due Reportsarereceivedafter thedue date; its CAPS is incomplete; the quarterly performance reports , areincomplete, LONG-TERM CARE HOME SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 — MARCH 31, 2022 or are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, inaccurate where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars hundredandfiftydollars ($250.00); and , and; (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the Funder, the HSP may be subject to a financial reduction in any of the following circumstances: its CAPS is received after the due date; its CAPS is incomplete; the quarterly performance reports are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, ,where the errors or delay were not as a result of Funder actions or inaction or the actions or inactions of persons acting on behalf of the Funder. If assessed, the financial reduction will be as follows: if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars ($250.00); and for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.

Financial Reductions. Notwithstanding any other provision of this Agreement, and at the discretion of the FunderLHIN, the HSP may be subject to a financial reduction in if any of the following circumstances: its CAPS is received after the due Reportsarereceivedafterthedue date; its CAPS is incomplete; the quarterly performance reports , areincomplete, LONG-TERM CARE HOME SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 — MARCH 31, 2022 or are not provided when due; or financial or clinical data requirements are late, incomplete or inaccurate, inaccurate where the errors or delay were not as a result of Funder LHIN actions or inaction or the actions or inactions of persons acting on behalf of the FunderLHIN. If assessed, the financial thefinancial reduction will be as follows: : (1) if received within 7 Days after the due date, incomplete or inaccurate, the financial penalty will be the greater of (1) a reduction of 0.02 percent (0.02%) of the Funding; or (2) two hundred and fifty dollars twohundredandfiftydollars ($250.00); and , and; (2) for every full or partial week of non-compliance thereafter, the rate will be one half of the initial reduction.