FUNDING AND PAYMENTS.
5.1 Maximum Funding Amount
FUNDING AND PAYMENTS. Subject to Clauses 7.3, 17 and 18, the Department agrees to pay the Funds in respect of each Eligible Individual to whom the RTO is providing the Training Services. The Department will make payment of the Funds to the RTO in accordance with procedures set out in Schedule 1 of this VET Funding Contract. The RTO acknowledges and agrees: that the Department's payment of the Funds to the RTO in respect of an Eligible Individual under this VET Funding Contract is conditional upon the Department being satisfied (and continuing to be satisfied) that: the Training Services are being provided by the RTO to the relevant individual in accordance with this VET Funding Contract; and the Funds are being reasonably applied by the RTO for the purpose of the provision of the Training Services to that individual, or on matters that reasonably relate to providing the Training Services; that the Department is only obliged to pay the Funds to the RTO in respect of: an Eligible Individual until, and on condition that, the Eligible Individual completes the training course or qualification, or part thereof, in which they are enrolled; or an Eligible Individual until the Eligible Individual withdraws from the training course or qualification in which they are enrolled; an Eligible Individual that commences training in a superseded qualification if the Eligible Individual commences within 12 months of the date the replacement qualification is released on the National Register; an eligible Individual that commences training in a deleted or removed course if the Eligible Individual commences prior to the date the course is removed or deleted from the National Register; an Eligible Individual undertaking training in a superseded qualification for a period of 12 months from the date the replacement qualification is released on the National Register; an Eligible Individual undertaking training in a deleted qualification for a period of 24 months from the date the qualification was removed or deleted from the National Register; training activity that is reported in accordance with Clause 12.1 of Schedule 1; and/or a unit of competency/module, where the RTO has created a claim within 90 days of the Enrolment Activity Start Date; that the Department may at its sole discretion vary any or all parts of the Funds that are to be paid to the RTO in respect of one or more Eligible Individuals under this VET Funding Contract on 10 Business Days written notice, including: for reasons of a change o...
FUNDING AND PAYMENTS. Subject to Clauses 7.3, 16 and 17, the Department agrees to pay the Funds in respect of each Eligible Individual to whom the RTO is providing the Training Services. The Department will make payment of the Funds to the RTO in accordance with procedures set out in Schedule 1 of this VET Funding Contract. The RTO acknowledges and agrees: that the Department's payment of the Funds to the RTO in respect of an Eligible Individual under this VET Funding Contract is conditional upon the Department being satisfied (and continuing to be satisfied) that: the Training Services are being provided by the RTO to the relevant individual in accordance with this VET Funding Contract; and the Funds are being reasonably applied by the RTO for the purpose of the provision of the Training Services to that individual, or on matters that reasonably relate to providing the Training Services; that the Department is only obliged to pay the Funds to the RTO in respect of an Eligible Individual: until, and on condition that, the Eligible Individual completes the training course or qualification, or part thereof, in which they are enrolled; or until the Eligible Individual withdraws from the training course or qualification in which they are enrolled; that the Department may at its sole discretion vary any or all parts of the Funds that are to be paid to the RTO in respect of one or more Eligible Individuals under this VET Funding Contract on 10 Business Days written notice, including: for reasons of a change of policy; for reasons of ensuring the proper and responsible administration of the Funds and of the Department's Victorian Training Guarantee program budget; and in respect of an Eligible Individual who at the time a variation is made has already enrolled in and commenced an eligible course or qualification with the RTO during the period 1 January 2014 to 31 December 2016 inclusive. that the Department will only pay the Funds under this VET Funding Contract in respect of an Eligible Individual to the RTO and not to any other party; that the Funds and associated payment arrangements constitute the full extent of Funds available to the RTO from the Department for provision of the Training Services in respect of an Eligible Individual; and that the RTO is not entitled to and may not claim any additional funding or assistance from the Department in relation to the Training Services. Without limiting Clauses 16 and 17, or any other rights of the Department, the Department may deduct f...
FUNDING AND PAYMENTS. A. Department agrees to reimburse Sub-Recipient up to the maximum amount of the contract for actual expenditures made by the Sub-Recipient that are directly related to the program, as outlined in the LHD General Provisions.
1. The funding for this contract is for expenses incurred during FFY 2022 (October 1, 2021 through September 30, 2022).
2. Maximum funding for FFY 2022 is $ _.
3. Department will reimburse Sub-Recipient reimbursements monthly, after Department review and approval of the MER.
4. This contract may be amended to change the funding amount or programmatic requirements.
5. If the contract is not amended to add additional funding, the contract shall terminate at the end of FFY 2022 (September 30, 2022).
FUNDING AND PAYMENTS. 7.1. The VSC will only make payments to the RTO with which it has an Agreement and only for qualifications listed on the RTO’s scope of registration. It will not make payments to a third party.
7.2. Nothing in this Agreement is to be construed as creating an obligation, commitment or undertaking by the VSC to provide additional or further funding or assistance beyond that provided for in this Agreement.
7.3. The VSC may deduct from any payment due to the RTO under this or any other agreement between the VSC and the RTO:
a. any amounts due to the VSC under this or any other agreement between the VSC and the RTO; and
b. money paid for any Services that the VSC is satisfied have not been provided in accordance with this Agreement; and
c. money paid to auditors, or any other authorised persons, to verify the replacement or correction of any of the Services.
7.4. If the RTO is, in the opinion of the VSC or its delegate, non-compliant with any aspect of this, or any other agreement, with the VSC, the VSC may withhold payment under this agreement until such time as the non-compliance is addressed to the satisfaction of the VSC.
7.5. Each payment under this Agreement will be increased by an amount equal to any GST payable with respect to the Taxable Supply for which the payment is made provided that with each relevant claim for payment is accompanied by a valid Tax Invoice. The total amount of monies paid under this Agreement will be increased to include the total amount of GST payable. The RTO is required to maintain a current agreement with the VSC allowing the VSC to issue Recipient Created Tax Invoices in relation to all payments.
7.6. Payments are subject to the RTO having complied in all respects with all prior and current agreements with the VSC. In particular, the RTO must have submitted all reports and complied with the 2010 Victorian VET Student Statistical Collection Guidelines under any prior and current agreement. Payments may be suspended pending completion of prior or current contractual obligations, or pending resolution of prior or current issues of non-compliance.
7.7. For each eligible individual, the RTO must report training delivery consistent with the requirements of the 2010 Victorian Student Statistical Collection Guidelines. Activity Reports must report the Scheduled Hours as at the date that the Activity Report is lodged.
7.8. Subject to this Agreement, the VSC will pay the RTO for training and assessment services provided to eligible ind...
FUNDING AND PAYMENTS. 4.1 The budget and funding shares of the Parties are described in detail in the Action Plan. The budget may be changed by mutual written consent of the Parties. At the moment of signing this Amendment to the Collaboration Agreement the total budget is set at 738 818 €, from which Helsinki’s funding share is 50 % equaling to 369 409 €. Xxxxxx’x funding share is 50 %.
FUNDING AND PAYMENTS. 4.1 The budget and funding shares of the Parties are described in detail in the Action Plan. The budget may be changed by mutual written consent of the Parties. At the moment of signing this Agreement the total budget is set at 688 188 €, from which Helsinki’s funding share is 50 % equaling to 344 094 €. Xxxxxx’x funding share is 50 %.
4.2 Hanken bills Helsinki biannually based on the agreed project budget, and the project reports accepted by the steering group.
4.3 The billing is done in five parts. Each part covers the project budget of the upcoming reporting period. The first invoice will be sent after the signing of the Agreement. The following invoices are sent after the steering group has accepted the reporting content of the previous reporting period.
FUNDING AND PAYMENTS. MSN Funding
FUNDING AND PAYMENTS. 8.1 The Co-ordinator shall distribute any funding received from the Commission according to the following principles: - the distribution shall reflect the Consortium Budget as set out in Annex 2 to this Agreement as it may be amended from time to time, - the distribution of funding shall be subject to the approval by the Commission of Project Deliverables including costs statements, - the distribution of funding shall be subject to the provisions of the Grant Agreement and of this Article 8.
8.2 Each Party shall be solely liable for its financial statements to the Commission and the acceptance thereof by the Commission. Each Party shall hold the other Parties, including the Co-ordinator free and harmless from any liability arising in connection with its financial statements.
8.3 If a Party’s justified eligible costs are lower than its Project Share such Party shall receive funding corresponding to its justified eligible costs. No Party shall receive funding in excess of its Project Share.
8.4 Where a Party withdraws from the Project or this Agreement in accordance with Article 20 or where this Agreement is terminated in respect of a Party, such Party shall refund to the Co-ordinator all funding received by it which does not correspond to duly justified, eligible cost.
8.5 Each Party shall bear its own costs incurred in connection with the performance of the Grant Agreement as stated in Annex 2 to this Agreement. Each Party shall ensure that it has at all times the necessary funds available to fulfil its obligations under the Grant Agreement and this Agreement.
8.6 The Co-ordinator shall receive all payments made by the Commission. The Co-ordinator undertakes to keep payments made under the Grant Agreement on an account separated from its normal business accounts and its own assets and property.
8.7 In case a Party does not provide the Co-ordinator with its Project Deliverables in accordance with the requirements of the Grant Agreement and this Agreement, such Party shall not receive any payment hereunder, until he provides the Project Deliverables in accordance with such requirements or unless the Governing Board decides otherwise. The Governing Board shall be informed about any withholding of payments hereunder.
8.8 Payments due in accordance with this Article 8 shall be transferred by the Co-ordinator without undue delay exclusive of bank transfer charges directly to the accounts of the Parties. To this effect the Parties shall notify the Co-ordinator al...
FUNDING AND PAYMENTS. 2 A. COUNTY shall pay the Intermediary an amount sufficient to reimburse Hospital Claims in 3 accordance with Exhibit B to this Agreement.
4 1. Payment by the Intermediary to CONTRACTOR for Hospital Services shall be contingent 5 upon ADMINISTRATOR’s receipt or confirmation of receipt of a fully executed Agreement and Rate 6 Certification Form from CONTRACTOR in accordance with Paragraph III.B of this Exhibit A to the 7 Agreement for Period One. Payment by the Intermediary to CONTRACTOR for Period Two, Period 8 Three, Period Four, and Period Five shall be contingent upon receipt of an updated Rate Certification 9 Form in accordance with subaragraph VI.B of Exhibit B to this Agreement.
10 2. Any Hospital that does not become a Contracting ED Hospital or Contracting Network 11 Hospital and elects to provide any Hospital Services to any MSN Enrollee shall be reimbursed by 12 COUNTY at the Non-Contract Hospital rates.
13 B. Sub-Acute Services – COUNTY shall pay the Intermediary the amount necessary to cover 14 reimbursement for Sub-Acute Services in accordance with letter(s) of agreement as may be negotiated 15 by ADMINISTRATOR for such services. These services may include, but are not limited to, Sub-Acute 16 and Skilled Nursing Facility Services.
17 C. Special Permit Transfer – COUNTY shall pay Intermediary the amount necessary to cover 18 reimbursement for Special Permit Transfer Services as allowed in subparagraph III.K.12 of this Exhibit 19 A to the Agreement. This Agreement shall not obligate CONTRACTOR to accept a transfer from, nor 20 to provide compensation to, any other health care facility, subject to requirements of applicable law.
21 D. COUNTY shall not reimburse CONTRACTOR for services provided to Transfer Patients.
22 E. ADMINISTRATOR may withhold or delay any payment due CONTRACTOR for failure to 23 comply with any of the terms of this Agreement.
24 F. CONTRACTOR and ADMINISTRATOR may mutually agree, in writing, to modify the 25 Funding and Payment Paragraph of this Exhibit A to the Agreement. 26
