Recovery of Funding Sample Clauses

Recovery of Funding. If the Contractor fails to comply with requirements as set forth in this Contract or fails to submit a revised payment request within allotted time frames established by MDHHS in consultation with the Contractor, MDHHS may require the Contractor to reimburse payments made under this Contract which MDHHS has determined that the Contractor was not entitled. If the Contractor becomes aware of any situation involving payments received under this Contract to which the Contractor was not entitled, the overpayment amount must be repaid to MDHHS within 30 days of the Contractor becoming aware. The Contractor is liable for any cost incurred by MDHHS in the recovery of any funding. Upon notification by MDHHS that repayment is required, or upon any other awareness of an overpayment to the Contractor, the Contractor must make payment directly to MDHHS within 30 days or MDHHS may withhold future payments made under this or any other contract(s), between MDHHS and the Contractor. If the Contractor fails to: (1) correct noncompliance activities identified by MDHHS, (2) submit revised xxxxxxxx as requested as part of a Corrective Action Plan when required; or (3) remit overpayments or make arrangements to have the overpayments deducted from future payments within 30 days, such failure must constitute grounds to terminate immediately any or all of MDHHS’ contracts with the Contractor. MDHHS must also report noncompliance of the Contractor to Michigan’s Department of Technology, Management and Budget. Such report may result in the Contractor’s debarment from further contracts with the state of Michigan.
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Recovery of Funding. (a) Generally. Recovery of Funding specified in Schedule C may occur for the following reasons: (i) the LHIN makes an overpayment to the Hospital that results in the Hospital receiving more Funding than specified in Schedule C; (ii) an assessment of financial reductions under subsection 12.1; (iii) as a result of a system planning process under section 7.4; (iv) as a result of an integration decision made under section 26 of the Act; and (v) as provided for in Schedule B.
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Recovery of Funding. Section 5.6.1 (Recovery of Funding) (a) (Generally) of the H-SAA is amended by deleting (v) and adding the following as Section 5.6.1(Recovery of Funding) (a.1) (Specific Programs): (i) if the Performance Obligations set out in Schedule E (2012 – 2013) (Indicators) in respect of Critical Care Funding are not met, the LHIN will adjust the Critical Care Funding following the submission of in-year and year-end data; (ii) if the Hospital does not meet a performance Obligation or Service Volume under its post- construction operating plan, as detailed in Schedule F or Schedule F (2012 – 2013), the LHIN may: adjust the applicable Post-Construction Operating Plan Funding to reflect reported actual results and projected year-end activity; and perform final settlements following the submission of year-end data of Post Construction Operating Plan Funding; (iii) if the Hospital does not meet a Performance Obligation or Service Volume set out in Schedule D for a service within Part III - Services and Strategies, the LHIN may: adjust the Funding for that service to H-SAA Amending Agreement for 2008-2013 Page 2 reflect reported actuals and projected year-end activity; and, perform in-year reallocations and final settlements following the submission of year-end data of service; and, (iv) if the Hospital does not meet a Performance Obligation or Service Volume as detailed in Schedule D for a Wait Time Service, the LHIN may: adjust the respective Wait Time Funding to reflect reported actuals and projected year-end activity; and perform in-year reallocations and final settlements following the submission of year-end data.
Sample 1
Recovery of Funding. (a) Generally. Recovery of Funding specified in Schedule C may occur for the following reasons: (i) the LHIN makes an overpayment to the Hospital that results in the Hospital receiving more Funding than specified in Schedule C; (ii) an assessment of financial reductions under subsection 12.1; (iii) as a result of a system planning process under section 7.4; (iv) as a result of an integration decision made under section 26 of the Act; and (v) as provided for in Schedule B. (b) Recovery of Errors, Penalties and under Schedule B. The LHIN may recover Funding subject to subsection 5.6.1(a)(i), (ii) or (v) in accordance with the process outlined in subsection 5.6.2.
Sample 1
Recovery of Funding. 8.1 In the case of non-compliance due to misuse of the Funding or negligence by a housing provider or in the case of a breach of contract with the Service Manager, the Service Manager must notify the Ministry immediately and take available remedies to recover the Funding and return it to the Minister. 8.2 Where section 8.1 does not apply but the Funding is not spent on approved Eligible Activities and Costs for the Project, the Service Manager shall notify the Minister and make reasonable efforts to recover the Funding and return it to the Minister.
Sample 1
Recovery of Funding. (a) If: (i) You commit any breach of the Service Agreement; or (ii) there is unspent Funding at the earlier of the Service Agreement Expiry Date or termination; or (iii) You use the Funding for a purpose other than the Funded Purpose under the Service Agreement and the relevant Funding Schedule; or (iv) You use, apply or otherwise spent the Funding other than for an Accepted Use under the Service Agreement and the relevant Funding Schedule; or (v) Funding is otherwise terminated or suspended with notice in accordance with the Service Agreement, We are entitled to terminate the Service Agreement and recover the Funding amount paid to You as a debt due and immediately payable to Us from the date of such termination (including under the CSA). (b) We will issue You with written notice of Our intention to recover the Funding as a debt due and immediately payable. (c) Where You delay payment of a debt due and immediately payable under the Service Agreement to Us, You will be liable to pay Us interest on the debt at the interest rate as calculated in accordance with this clause. (d) The interest rate payable under this clause: (i) is calculated as 2% per annum above the average of the most recent prime rate, indicator rate, or reference rate (however described) for business overdrafts published by the Commonwealth Bank of Australia; (ii) accrued from day to day from and including the date that the Service Agreement is terminated up to the actual date of payment of the debt, as an additional and independent obligation; (iii) may be accrued at monthly intervals; and (iv) becomes payable on Us making written demands to that effect. (e) The right to recover Funding as a debt or the right to charge interest on the debt does not affect or prejudice any other rights or remedies that We may have in relation to a default by You, including our right to terminate the Service Agreement or seek damages at common law or statute. (f) In addition to the above, We are entitled and authorised to deduct or set-off from any payment or future Funding due to You and pay a reduced amount in respect of any claim under the Service Agreement or any amount owed to Us by You including for unspent Funds or money owing pursuant to the Service Agreement.
Sample 1

Related to Recovery of Funding

  • Provision for the Recovery of Funding The HSP will make reasonable and prudent provision for the recovery by the LHIN of any Funding for which the conditions of Funding set out in section 4.5 are not met and will hold this Funding in accordance with the provisions of section 4.6 until such time as reconciliation and settlement has occurred with the LHIN. Interest earned on Funding will be reported and recovered in accordance with section 4.6.

  • Settlement and Recovery of Funding for Prior Years (a) The HSP acknowledges that settlement and recovery of Funding can occur up to 7 years after the provision of Funding. (b) Recognizing the transition of responsibilities from the MOHLTC to the LHIN, the HSP agrees that if the parties are directed in writing to do so by the MOHLTC, the LHIN will settle and recover funding provided by the MOHLTC to the HSP prior to the transition of the Funding for the Services to the LHIN, provided that such settlement and recovery occurs within 7 years of the provision of the funding by the MOHLTC. All such settlements and recoveries will be subject to the terms applicable to the original provision of Funding.

  • Payment of Funds No federal appropriated funds have been paid or will be paid by or on behalf of the parties to any person for influencing or attempting to influence an officer or employee of any federal agency, a Member of Congress, an officer or employee of Congress, or an employee of a Member of Congress in connection with the awarding of any federal contract, the making of any federal grant, the making of any federal loan, the entering into of any cooperative agreement, and the extension, continuation, renewal, amendment, or modification of any federal contract, grant, loan, or cooperative agreement.

  • Duplication of Funding If Grantee receives any funding that is duplicative of funding received under this Grant Agreement that cannot be used for new or expanded eligible grant activities, Grantee will notify the assigned contract manager as soon as possible. System Agency may issue an amendment modifying budget and/or project activities to eliminate duplication. Additionally, Grantee understands that duplicative funding that cannot be re-programmed to support new or expanded grant-funded activities within the program’s scope may be de-obligated from this Grant Agreement and returned to System Agency.

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