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,
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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.