Common use of Performance Factors Clause in Contracts

Performance Factors. (a) Each party will notify the other party of the existence of a Performance Factor, as soon as reasonably possible after the party becomes aware of the Performance Factor. The Notice will: (1) describe the Performance Factor and its actual or anticipated impact; (2) include a description of any action the party is undertaking, or plans to undertake, to remedy or mitigate the Performance Factor; (3) indicate whether the party is requesting a meeting to discuss the Performance Factor; and (4) address any other issue or matter the party wishes to raise with the other party. LONG-TERM CARE HOME SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 — MARCH 31, 2022 (b) The recipient party will provide a written acknowledgment of receipt of the Notice within 7 Days of the date on which the Notice was received (“Date of the Notice”).

Appears in 9 contracts

Samples: Service Accountability Agreement, Service Accountability Agreement, Service Accountability Agreement

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