Common use of Resource Sufficiency; Reductions Clause in Contracts

Resource Sufficiency; Reductions. (i) On a semi-annual basis (or at such frequency otherwise agreed to by the Parties), Provider will provide a report to the Lending Funds indicating the headcount for Provider Personnel who are providing Services generally during the prior period. Such reports will reflect how resourcing is allocated across each function and provide status updates on any previously agreed to changes that are in process. (ii) During meetings on a semi-annual basis (or at such frequency otherwise agreed by the Parties), the Parties will discuss any concerns that the Lending Funds may have with respect to any turnover and, as applicable, the plans of Provider to address excessive turnover, and the status of Provider’s implementation of such plans. (iii) Provider will notify the Lending Funds prior to implementing any plan to materially decrease its staffing of the Services.

Resource Sufficiency; Reductions. (i) On a semi-annual basis (or at such frequency otherwise agreed to by the Parties), Provider will provide a report to the Lending Funds BFA Recipients indicating the headcount for Provider Personnel who are providing Services generally during the prior period. Such reports will reflect how resourcing is allocated across each function and provide status updates on any previously agreed to changes that are in process. (ii) During meetings on a semi-annual basis (or at such frequency otherwise agreed by the Parties), the Parties will discuss any concerns that the Lending Funds BFA Recipients may have with respect to any turnover and, as applicable, the plans of Provider to address excessive turnover, and the status of Provider’s implementation of such plans. (iii) Provider will notify the Lending Funds BFA Recipients prior to implementing any plan to materially decrease its staffing of the Services.