Funding Recovery Sample Clauses

Funding Recovery. Recovery of Funding may occur for the following reasons: 5.1.1 the Funder makes an overpayment to the Hospital that results in the Hospital receiving more Funding than specified in this Agreement and any funding letters; 5.1.2 a financial reduction under section 13.1 is assessed; 5.1.3 as a result of a system planning process under section 7.2.6; 5.1.4 as a result of an integration decision made under the Enabling Legislation by the Funder; or 5.1.5 to temporarily reallocate Funding to cover incremental costs of another provider where the Hospital has reduced Hospital Services outside of the applicable Performance Corridor without agreement of the Funder and the services are provided by another provider; and 5.1.6 with respect only to Funding that has been provided expressly subject to recovery, contractual conditions for recovery of such Funding are met; and if in the Hospital’s reasonable opinion or in the Funder’s reasonable opinion after consulting with the Hospital, the Hospital will not be able to use the Funding in accordance with the terms and conditions on which it was provided.
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Funding Recovery. Recovery of Funding may occur for the following reasons: 5.1.1 the Funder makes an overpayment to the Hospital that results in the Hospital receiving more Funding than specified in this Agreement and any funding letters; 5.1.2 a financial reduction under section 13.1 is assessed; 5.1.3 as a result of a system planning process under section 7.2.6; 5.1.4 as a result of an integration decision made under the Enabling Legislation by the Funder; or 5.1.5 to temporarily reallocate Funding to cover incremental costs of another provider where the Hospital has reduced Hospital Services outside of the applicable Performance Corridor without agreement of the Funder and the services are provided by another provider; and 5.1.6 with respect only to Funding that has been provided expressly subject to recovery,
Sample 1
Funding Recovery. Recovery of Funding may occur for the following reasons: 5.1.1 the LHIN makes an overpayment to the Hospital that results in the Hospital receiving more Funding than specified in this Agreement and any funding letters; 5.1.2 a financial reduction under section 13.1 is assessed; 5.1.3 as a result of a system planning process under section 7.2.7; 5.1.4 as a result of an integration decision made under LHSIA by the LHIN; or 5.1.5 to temporarily reallocate Funding to cover incremental costs of another provider where the Hospital has reduced Hospital Services outside of the applicable Performance Corridor without agreement of the LHIN and the services are provided by another provider; and 5.1.6 with respect only to Funding that has been provided expressly subject to recovery, (a) contractual conditions for recovery of such Funding are met; and h p (b) if in the Hospital’s reasonable opinion or in the LHIN’s reasonable opinion after consulting with the Hospital, the Hospital will not be able to use the Funding in accordance with the terms and conditions on which it was provided. This provision reflects the 2008-10 H-SAA template regarding when a LHIN may recover hospital funding wit two additions. The new section 5.1.5 rovides LHIN with greater flexibility to move funding in instances where a hospital reduces or ceases to provide a service and anoth r health services provider provides that service.
Sample 1
Funding Recovery 
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Related to Funding Recovery

  • Repayment and Recovery (a) At the End of a Funding Year. If, in any Funding Year, the HSP has not spent all of the Funding the Funder will require the repayment of the unspent Funding. (b) On Termination or Expiration of this Agreement. Upon termination or expiry of this Agreement and subject to section 11.4, the Funder will require the repayment of any Funding remaining in the possession or under the control of the HSP and the payment of an amount equal to any Funding the HSP used for purposes not permitted by this Agreement. The Funder will act reasonably and will consider the impact, if any, that a recovery of Funding will have on the HSP’s ability to meet its obligations under this Agreement.

  • Cost Recovery The Parties acknowledge that the price for energy as described in Exhibit A includes the Consultant Commission described in Exhibit A to cover the cost of developing, implementing and operating the Aggregation. The Competitive Supplier agrees to include this cost adder in the Price for energy, and to make the monthly commission payments on behalf of Participating Consumers, in the manner described in Exhibit A, and acknowledges this obligation as a material obligation of this Agreement.

  • Recoveries (a) With respect to any Class of Certificates (other than the Class P Certificates) to which a Realized Loss has been allocated (including any such Class for which the related Class Principal Balance has been reduced to zero), the Class Principal Balance of such Class will be increased, up to the amount of related Non-PO Recoveries for such Distribution Date as follows: (i) first, the Class Principal Balance of each Class of Senior Certificates related to the Loan Group from which the Non-PO Recovery was collected, will be increased pro rata, up to the amount of Net Recovery Realized Losses for each such Class, and (ii) second, the Class Principal Balance of each Class of Group C-B Certificates (in the case of Non-PO Recoveries on Group 1, Group 2, Group 3, Group 4 and Group 5 Mortgage Loans) will be increased in order of seniority, up to the amount of Net Recovery Realized Losses for each such Class. (b) Any increase to the Class Principal Balance of a Class of Certificates shall increase the Certificate Balance of the related Class pro rata in accordance with each Certificate’s Percentage Interest.

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