FIXED RATE Negotiated Rate Contract (NRC Sample Clauses

FIXED RATE Negotiated Rate Contract (NRC. In full consideration of the funded alcohol and drug treatment services provided to clients who lack the necessary resources to pay for all, or part of these services themselves. The County will pay Contractor the total contract amount in twenty four (24) monthly payments in a manner as outlined in the charts below. County will pay Contractor’s monthly payment within (thirty) 30 days, upon timely submission of reports as outlined in the Alcohol and Other Drug Services (AOD) Policy and Procedure Manual. NRC Funded Perinatal Day Treatment $189,992 $15,833 1357 $140 22 17 NRC Funded Non Residential $38,211 $3,184 955 $40 37 10 County Funded Non Residential $35,825 $2985 896 $40 37 10 Strategic Directions 2010 Funded Day Treatment $39,913 $3,326 285 $140 2 1 Strategic Directions 2010 Funded Non Residential $20,600 $1,717 515 $40.00 21 6 MHSA Adult Co-Occurring to improve the client outcome measurement $17,355 $1,446 TOTAL $341,896 $28,491 2366 SAH 1642 Visit Days Annual Flat Rate $281,383 $239,176 85% $42,207 15% Strategic Directions 2010 $60,513 $60,513 100% 0 0 TOTAL Funding $341,896 $299,689 88% $42,207 12% NRC Funded Perinatal Day Treatment $189,992 $15,833 1357 $140 22 17 NRC Funded Non Residential $38,211 $3,184 955 $40 37 10 County Funded Non Residential $35,825 $2985 896 $40 37 10 Strategic Directions 2010 Funded Day Treatment $39,913 $3,326 285 $140 2 1 Strategic Directions 2010 Funded Non Residential $20,600 $1,717 515 $40.00 21 6 MHSA Adult Co-Occurring to improve the client outcome measurement $17,355 $1,446 TOTAL $341,896 $28,491 2366 SAH 1642 Visit Days Annual Flat Rate $281,383 $239,176 85% $42,207 15% Strategic Directions 2010 $60,513 $60,513 100% 0 0 TOTAL Funding $341,896 $299,689 88% $42,207 12%
Sample 1See All (9)
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FIXED RATE Negotiated Rate Contract (NRC. In full consideration of the funded alcohol and drug treatment services provided to clients who lack the necessary resources to pay for all, or part of these services themselves. The County will pay Contractor the total contract amount in twenty four (24) monthly payments in a manner as outlined in the charts below. County will pay Contractor’s monthly payment within (thirty) 30 days, upon timely submission of reports as outlined in the Alcohol and Other Drug Services (AOD) Policy and Procedure Manual. NRC Adult Residential $327,247 $27,271 4306 $76.00 23 12 County Adult Residential $115,611 $9,634 1521 $76.00 8 4 Strategic Directions 2010- Residential (Criminal Justice) $40,685 $3,390 535 $76.00 5 2 Mental Health Services Act (MHSA) Funding $17,355 $1,446 624 15 TOTAL $500,898 $41,741 7,064 51 18 Annual Flat Rate $442,858 $376,429 85% $66,429 15% Strategic Directions 2010 $40,685 $40,685 100% 0 N/A TOTAL Funding ** $483,543 $417,114 N/A $66,429 N/A * Priority Populations as identified in the AOD Strategic Directions 2010 plan. The plan, as well as the funding, was approved by the Board of Supervisors. Discretionary funding can be used for non-priority population clients. ** Does not include MHSA funding NRC Adult Residential $327,247 $27,271 4306 $76.00 23 12 County Adult Residential $115,611 $9,634 1521 $76.00 8 4 Strategic Directions 2010- Residential (Criminal Justice) $40,685 $3,390 535 $76.00 5 2 Mental Health Services Act (MHSA) Funding $17,355 $1,446 624 15 TOTAL $500,898 $41,741 7,064 51 18 Annual Flat Rate $442,858 $376,429 85% $66,429 15% Strategic Directions 2010 $40,685 $40,685 100% 0 N/A TOTAL Funding ** $483,543 $417,114 N/A $66,429 N/A * Priority Populations as identified in the AOD Strategic Directions 2010 plan. The plan, as well as the funding, was approved by the Board of Supervisors. Discretionary funding can be used for non-priority population clients. ** Does not include MHSA funding
Sample 1
FIXED RATE Negotiated Rate Contract (NRC. In full consideration of the funded alcohol and drug treatment and recovery services provided to clients who lack the necessary resources to pay for all, or part of these services themselves. The County will pay Contractor the total contract amount in twenty four (24) monthly payments in a manner as outlined in the charts below. County will pay Contractor’s monthly payment within (thirty) 30 days, upon timely submission of reports as outlined in the Alcohol and Other Drug Services (AOD) Policy and Procedure Manual. NRC Outpatient $200,016 $16,668 4619 SAH $43.30 54 27 County Outpatient $74,205 $6,184 1713 SAH $43.30 20 10 Strategic Directions 2010- Day Treatment $123,652 $10,304 818 VD $151.00 8 4 Co-occurring $37,185 $3,098 826 SAH $45.01 TOTAL $435,058 $36,254 82 41 Annual Flat Rate $311,406 $264,695 85% $46,711 15% Strategic Directions 2010 $123,652 $123,652 100% 0 0% TOTAL Funding $435,058 $388347 - $46,711 - (*) Priority Populations as identified in the AOD Strategic Directions 2010 plan. The plan, as well as the funding, was approved by the Board of Supervisors. Discretionary funding can be used for non-priority population clients. NRC Outpatient $200,016 $16,668 4619 SAH $43.30 54 27 County Outpatient $74,205 $6,184 1713 SAH $43.30 20 10 Strategic Directions 2010- Day Treatment $123,652 $10,304 818 VD $151.00 8 4 Co-occurring $37,185 $3,098 826 SAH $45.01 TOTAL $435,058 $36,254 82 41 Annual Flat Rate $311,406 $264,695 85% $46,711 15% Strategic Directions 2010 $123,652 123,652 100% 0 0% TOTAL Funding $435,058 $388,347 - $46,711 - (*) Priority Populations as identified in the AOD Strategic Directions 2010 plan. The plan, as well as the funding, was approved by the Board of Supervisors. Discretionary funding can be used for non-priority population clients.
Sample 1
FIXED RATE Negotiated Rate Contract (NRC. In full consideration of the funded alcohol and drug treatment services provided to clients who lack the necessary resources to pay for all, or part of these services themselves. The County will pay Contractor the total contract amount in twenty four (24) monthly payments in a manner as outlined in the charts below. County will pay Contractor’s monthly payment within (thirty) 30 days, upon timely submission of reports as outlined in the Alcohol and Other Drug Services (AOD) Policy and Procedure Manual. Second Chance Act Re-Entry Residential $81,600 $5,100 960 $85.00 10 2 County Funded Residential $160,820 $13,402 1976 $81.39 22 6 NRC Funded Men’s Residential $151,420 $12,618 1730 $87.58 20 5 NRC Funded Women’s Residential $151,420 $12,618 1730 $87.58 20 5 Strategic Directions 2010 funded Residential(Families with young children) $69,340 $5,778 360 $192.61 2 4 Strategic Directions 2010 funded Residential (Adults in Criminal Justice 1-slot also dedicated to Second Chance Act Residential) $26,708 $2,226 301 $88.73 3 2 TOTAL Funding $559,708 $46,642 6,097 67 22 Annual Flat Rate $463,660 $394,112 85% $69,548 15% Strategic Directions 2010 $96,048 $96,048 100% 0 0 TOTAL Funding $559,708 $490,160 88% $69,548 12% County Funded Residential $160,820 $13,402 1976 $81.39 22 6 NRC Funded Men’s Residential $151,420 $12,618 1729 $87.58 20 5 NRC Funded Women’s Residential $151,420 $12,618 1729 $87.58 20 5 Strategic Directions 2010 funded Residential(Families with young children) $69,340 $5,778 360 $192.61 2 4 Strategic Directions 2010 funded Residential (Adults in Criminal Justice1-slot dedicated to Second Chance Act Residential) $26,708 $2,226 301 $88.73 3 2 TOTAL Funding $559,708 $46,642 6095 67 22 Annual Flat Rate $463,660 $394,112 85% $69,548 15% Strategic Directions 2010 $96,048 $96,048 100% 0 0 TOTAL Funding $559,708 $490,160 88% $69,548 12%
Sample 1

Related to FIXED RATE Negotiated Rate Contract (NRC

  • Interest Rate Options The Borrower shall pay interest in respect of the outstanding unpaid principal amount of the Loans as selected by it from the Base Rate Option or LIBOR Rate Option set forth below applicable to the Loans, it being understood that, subject to the provisions of this Agreement, the Borrower may select different Interest Rate Options and different Interest Periods to apply simultaneously to the Loans comprising different Borrowing Tranches and may convert to or renew one or more Interest Rate Options with respect to all or any portion of the Loans comprising any Borrowing Tranche; provided that (i) there shall not be at any one time outstanding more than ten (10) Borrowing Tranches in the aggregate among all of the Loans and (ii) if an Event of Default or Potential Default exists and is continuing, the Borrower may not request, convert to, or renew the LIBOR Rate Option for any Loans and the Required Lenders may demand that all existing Borrowing Tranches bearing interest under the LIBOR Rate Option shall be converted immediately to the Base Rate Option, subject to the obligation of the Borrower to pay any indemnity under Section 5.9 [Indemnity] in connection with such conversion. If at any time the designated rate applicable to any Loan made by any Lender exceeds such Lender’s highest lawful rate, the rate of interest on such Lender’s Loan shall be limited to such Lender’s highest lawful rate.

  • Floating Rate/Fixed Rate Notes If this Note is specified on the face hereof as a “Floating Rate/Fixed Rate Note”, this Note will bear interest at the rate determined by reference to the applicable Interest Rate Basis or Interest Rate Bases: (1) plus or minus the applicable Spread, if any; and/or (2) multiplied by the applicable Spread Multiplier, if any. Commencing on the first Interest Reset Date, the rate at which this Floating Rate/Fixed Rate Note is payable will be reset as of each Interest Reset Date; provided, however, that: (A) the interest rate in effect for the period, if any, from the Original Issue Date to the first Interest Reset Date will be the Initial Interest Rate specified on the face hereof; and (B) the interest rate in effect commencing on the Fixed Rate Commencement Date will be the Fixed Interest Rate, if specified on the face hereof, or, if not so specified, the interest rate in effect on the day immediately preceding the Fixed Rate Commencement Date.

  • Alternate Rate of Interest If prior to the commencement of any Interest Period for a Eurodollar Borrowing: (a) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate or the LIBO Rate, as applicable, for such Interest Period; or (b) the Administrative Agent is advised by the Required Lenders that the Adjusted LIBO Rate or the LIBO Rate, as applicable, for such Interest Period will not adequately and fairly reflect the cost to such Lenders (or Lender) of making or maintaining their Loans (or its Loan) included in such Borrowing for such Interest Period; then the Administrative Agent shall give notice thereof to the Borrower and the Lenders by telephone or telecopy as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of any Revolving Borrowing to, or continuation of any Revolving Borrowing as, a Eurodollar Borrowing shall be ineffective and (ii) if any Borrowing Request requests a Eurodollar Revolving Borrowing, such Borrowing shall be made as an ABR Borrowing; provided that if the circumstances giving rise to such notice affect only one Type of Borrowings, then the other Type of Borrowings shall be permitted.

  • Notice of Interest Period and Interest Rate Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.09 or a notice of selection of an Interest Period pursuant to the definition of “Interest Period”, the Administrative Agent shall give notice to the Borrower and each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

  • Duration of normal Interest Periods Subject to Clauses 6.3 and 6.4, each Interest Period shall be: (a) 3 or 6 months; or (b) such other period (as proposed by the Borrower to the Agent not later than 11:00 a.m. (Hamburg time) 5 Business Days before the commencement of the Interest Period) as the Agent may, with the authorisation of the Majority Lenders, agree with the Borrower (failing which the Interest Period shall be three months).

  • Base Rate Option A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

  • Additional Interest on Eurodollar Rate Advances The Borrower shall pay to each Lender, so long as such Lender shall be required under regulations of the Board of Governors of the Federal Reserve System to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Rate Advance of such Lender, from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest shall be determined by such Lender and notified to the Borrower through the Administrative Agent, and such determination shall be conclusive and binding for all purposes, absent manifest error.

  • Alternate Rate of Interest; Illegality (a) If prior to the commencement of any Interest Period for a Eurodollar Borrowing: (i) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate for such Interest Period; or (ii) the Administrative Agent is advised by the Required Lenders that the Adjusted LIBO Rate for such Interest Period will not adequately and fairly reflect the cost to such Lenders (or Lender) of making or maintaining their Loans (or its Loan) included in such Borrowing for such Interest Period; then the Administrative Agent shall give notice thereof to the Borrower and the Lenders by telephone, telecopy or other electronic transmission as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (x) any Interest Election Request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be ineffective, and (y) if any Borrowing Request requests a Eurodollar Borrowing, such Borrowing shall be made as an ABR Borrowing. (b) If any Lender reasonably determines that any Change in Law has made it unlawful, or that any Governmental Authority has asserted after the Effective Date that it is unlawful, for such Lender or its applicable lending office to make or maintain any Eurodollar Borrowing, then, on notice thereof by such Lender to the Borrower through the Administrative Agent, any obligations of such Lender to make or continue any Eurodollar Borrowing or to convert ABR Borrowings to Eurodollar Borrowings shall be suspended until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, the Borrower shall upon demand from such Lender (with a copy to the Administrative Agent), either convert all Eurodollar Borrowings of such Lender to ABR Borrowings, either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Borrowings to such day, or immediately, if such Lender may not lawfully continue to maintain such Loans (in which case the Borrower shall not be required to make payments pursuant to Section 2.13 in connection with such payment). Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted. Each Lender agrees to designate a different lending office if such designation will avoid the need for such notice and will not, in the determination of such Lender, otherwise be disadvantageous to it.

  • Negotiation of alternative rate of interest If the Agent’s notice under Clause 5.6 is served after an Advance is made, the Borrower, the Agent and the Lenders or (as the case may be) the Affected Lender shall use reasonable endeavours to agree, within the 30 days after the date on which the Agent serves its notice under Clause 5.6 (the “Negotiation Period”), an alternative interest rate or (as the case may be) an alternative basis for the Lenders or (as the case may be) the Affected Lender to fund or continue to fund their or its Contribution to the relevant Advance or Advances during the Interest Period concerned.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

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