Possible Special Financial Consideration Sample Clauses

Possible Special Financial Consideration. In the event of an exhaustion of the Entrance Fee, as applicable, or where such a fee was not provided, and without in any way qualifying the right of the Facility to terminate this Agreement, the CEO will review the matter with Resident, Resident Representative and/or Resident’s family, where applicable and, at the CEO’s sole discretion, the Facility may partly or wholly subsidize Resident's fees, provided that subsidy can be granted or continued without impairing the ability of the Facility to attain its objectives while operating on a sound financial basis. All determinations made by the Facility concerning the granting or continuing of special financial consideration shall be final and binding upon the Resident. Any such determination shall be regarded as a confidential transaction between Resident and the Facility except for reports required to be made to organizations providing assistance to Resident, to financial institutions lending monies to the Facility and to regulatory or other governmental bodies. Breach of confidentiality may result in the termination of this Agreement. If the Facility elects to terminate this Agreement rather than provide a subsidy, or continues to provide a subsidy, and if Resident's Entrance Fee, whichever is applicable, has been exhausted within ninety (90) days following Resident’s initial failure to pay the fees and charges due to the Facility, Resident shall vacate the Facility no later than ninety (90) days from the date of the initial failure to pay. Such termination of the Agreement will occur in accordance with the other terms of this Agreement.
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Possible Special Financial Consideration. Without in any way qualifying the right of the Facility to terminate this Agreement, the CEO will review the matter with Resident, Resident Representative and/or Resident’s family, where applicable and, at the CEO’s sole discretion, the Facility may partly or wholly subsidize Resident's fees, provided that subsidy can be granted or continued without impairing the ability of the Facility to attain its objectives while operating on a sound financial basis. All determinations made by the Facility concerning the granting or continuing of special financial consideration shall be final and binding upon the Resident. Any such determination shall be regarded as a confidential transaction between Resident and the Facility except for reports required to be made to organizations providing assistance to Resident, to financial institutions lending monies to the Facility and to regulatory or other governmental bodies. Breach of confidentiality may result in the termination of this Agreement
Sample 1
Possible Special Financial Consideration. In the event of an exhaustion of the Community Fee, as applicable, or where such a fee was not provided, and without in any way qualifying the right of the Facility to terminate this Agreement, the CEO will review the matter with Resident, Resident Representative and/or Resident’s family, where applicable and, at the CEO’s sole discretion, the Facility may partly or wholly subsidize Resident's fees, provided that subsidy can be granted or continued without impairing the ability of the Facility to attain its objectives while operating on a sound financial basis. All determinations made by the Facility concerning the granting or continuing of special financial consideration shall be final and binding upon the Resident. Any such determination shall be regarded as a confidential transaction between Resident and the Facility except for reports required to be made to organizations providing assistance to Resident, to financial institutions lending monies to the Facility and to regulatory or other governmental bodies. Breach of confidentiality may result in the termination of this Agreement
Sample 1

Related to Possible Special Financial Consideration

  • FINANCIAL CONSIDERATION A. The College/University and the Facility shall each bear their own costs associated with this Agreement and no payment is required by either the College/University or the Facility to the other party, except that, where applicable, the Facility shall pay the tuition and other educational fees of students it places in the clinical experience program.

  • Financial Considerations 5.1 In the event aggregate funding provided to SCDDO from county, state and/or federal sources is reduced or in any way becomes insufficient to fund this Agreement, the obligations of both SCDDO and the CSP must thereupon be: (1) reduced on a pro rata basis, or (2) renegotiated or terminated, provided that any termination of this Agreement must be without prejudice to any obligations or liabilities of the parties accrued prior to the termination.

  • Special Considerations Special considerations in determining allowability of compensation will be given to any change in a non-Federal entity's compensation policy resulting in a substantial increase in its employees' level of compensation (particularly when the change was concurrent with an increase in the ratio of Federal awards to other activities) or any change in the treatment of allowability of specific types of compensation due to changes in Federal policy.

  • RISK CONSIDERATION There are no significant risks associated with the recommendations contained within this report. This application may be considered under existing MPS policies. Community Council has the discretion to make decisions that are consistent with the MPS, and such decisions may be appealed to the N.S. Utility and Review Board. Information concerning risks and other implications of adopting the proposed development agreement are contained within the Discussion section of this report. ENVIRONMENTAL IMPLICATIONS No environmental implications are identified.

  • Environmental Considerations A. Company, its officers, agents, servants, employees, invitees, independent contractors, successors, and assigns will not discharge or spill any Hazardous Substance, as defined herein, into any component of the storm drainage system or onto any paved or unpaved area within the boundaries of the Premises. In addition, Company will not discharge or spill any Hazardous Substance into any component of the sanitary sewer system without first neutralizing or treating same as required by applicable anti-pollution laws or ordinances, in a manner satisfactory to Authority and other public bodies, federal, state, or local, having jurisdiction over or responsibility for the prevention of pollution of canals, streams, rivers, and other bodies of water. Company’s discharge, spill or introduction of any Hazardous Substance onto the Premises or into any component of Authority’s sanitary or storm drainage systems will, if not remedied by Company with all due dispatch, at the sole discretion of Authority, be deemed a default and cause for termination of this Agreement by Authority, subject to notice and cure. Such termination will not relieve Company of or from liability for such discharge or spill.

  • Additional Consideration Retrocessionaire agrees to pay under the Inuring Retrocessions all future premiums Retrocedant is obligated to pay pursuant to the terms of the Inuring Retrocessions to the extent that such premiums are allocable to Retrocessionaire in the manner set forth in Exhibit E hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant for all such premiums paid directly by Retrocedant, net of any ceding commissions and similar amounts paid by Third Party Retrocessionaires to Retrocedant.

  • Additional Considerations For each mediation or arbitration:

  • Financial Consequences The Department reserves the right to impose financial consequences when the Contractor fails to comply with the requirements of the Contract. The following financial consequences will apply for the Contractor’s non-performance under the Contract. The Customer and the Contractor may agree to add additional Financial Consequences on an as-needed basis beyond those stated herein to apply to that Customer’s resultant contract or purchase order. The State of Florida reserves the right to withhold payment or implement other appropriate remedies, such as Contract termination or nonrenewal, when the Contractor has failed to comply with the provisions of the Contract. The Contractor and the Department agree that financial consequences for non-performance are an estimate of damages which are difficult to ascertain and are not penalties. The financial consequences below will be paid and received by the Department of Management Services within 30 calendar days from the due date specified by the Department. These financial consequences below are individually assessed for failures over each target period beginning with the first full month or quarter of the Contract performance and every month or quarter, respectively, thereafter. Deliverable Performance Metric Performance Due Date Financial Consequence for Non-Performance Contractor will timely submit completed Quarterly Sales Reports All Quarterly Sales Reports will be submitted timely with the required information Reports are due on or before the 30th calendar day after the close of each State fiscal quarter $250 per Calendar Day late/not received by the Contract Manager Contractor will timely submit completed MFMP Transaction Fee Reports All MFMP Transaction Fee Reports will be submitted timely with the required information Reports are due on or before the 15th calendar day after the close of each month $100 per Calendar Day late/not received by the Contract Manager Failure to timely provide Quarterly Sales Reports, transaction fee reports, or other reports as required will result in the imposition of financial consequences and repeated failures or non- payment of financial consequences owed under this Contract may result in the Contractor being found in default and the termination of the Contract. No favorable action will be considered when Contractor has outstanding Contract Quarterly Sales Reports, MFMP Transaction Fee Reports, or any other documentation owed to the Department or Customer, to include fees / monies, that is required under this Contract.

  • First Consideration The Employer agrees that when a vacancy occurs or a new position is created at the worksite which is within the Union bargaining unit, the Employer shall give its employees, provided there are no employees currently on lay-off, first notice and first consideration in filling the vacancy or new position. Each employee who applies for the vacancy or new position shall be given equal opportunity to demonstrate fitness for the position by formal interview and/or assessment. Where an employee within the bargaining unit is not appointed to fill the vacancy or new position, she shall be given, upon request, an explanation as to why her application was not accepted. The request for reasons must be made within fourteen (14) calendar days of becoming aware that the employee is not the successful candidate, pursuant to Article

  • Settlement Consideration 2. In consideration of the full settlement, satisfaction, compromise and release of the Released Plaintiffs’ Claims, an aggregate $115 million in cash (the “Escrow Amount”) shall be paid on behalf of the Settling Defendants to Freeport by the D&O Carriers. The Settling Defendants shall cause the Escrow Amount to be deposited by the D&O Carriers into an interest-bearing escrow account controlled by an agreed upon representative of Plaintiffs and of the Settling Defendants (the “Escrow Account”) within fifteen (15) business days after the Stipulation is submitted to the Court. Upon the Effective Date, the Escrow Amount, together with any and all interest thereon, shall be paid to Freeport from the Escrow Account. For the avoidance of doubt, the Settling Defendants shall have no obligation to deposit any portion of the Escrow Amount into the Escrow Account but shall have an obligation to take all reasonably available steps to seek to cause the D&O Carriers to deposit the Escrow Amount into the Escrow Account.

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