Risk Share Agreement Sample Clauses
A Risk Share Agreement is a contractual provision that outlines how two or more parties will divide or allocate financial risks associated with a particular project, investment, or business activity. Typically, this clause specifies the proportion of losses or gains each party will bear, and may set thresholds or caps on liability. For example, in a pharmaceutical development deal, the manufacturer and distributor might agree to share costs if a product fails to meet sales targets. The core function of this clause is to distribute potential financial burdens equitably, thereby encouraging collaboration while managing and mitigating the impact of unforeseen negative outcomes.
Risk Share Agreement. In respect of Integrated Care / Community Teams and ICES (Health), overspends will be the responsibility of respective CCG’s, and underspends would be retained by respective CCG’s. In respect of Reablement, ICES and Telecare (Social Care), and Dementia Care, overspends will be the responsibility of the Local Authority, and underspends would be retained by the Local Authority. The integrated management of the ICES budget will be subject to a more detailed agreement. Disabled Facilities Grant overspends will be the responsibility of the district/borough councils, and underspends would be retained by the respective district/borough councils.
Risk Share Agreement. Overspends will be the responsibility of the Local Authority, and underspends would be retained by the Local Authority. NORTH SOUTH RUGBY
Risk Share Agreement. In respect of Joint Funded CHC Packages, overspends will be the responsibility of respective CCG’s, and underspends would be retained by respective CCG’s. In respect of Residential and Nursing Care (Local Authority), overspends will be the responsibility of the Local Authority, and underspends would be retained by the Local Authority.
Risk Share Agreement. Carers’ Breaks, LD Respite, and Voluntary Sector overspends will be the responsibility of respective CCG’s, and underspends would be retained by respective CCG’s. Respite Care and Community Resources overspends will be the responsibility of the Local Authority and underspends would be retained by the local authority.
Risk Share Agreement. IAPT and D2A overspends will be the responsibility of respective CCG’s, and underspends would be retained by respective CCG’s. In respect of Moving on Beds, overspends will be the responsibility of the Local Authority, and underspends would be retained by the Local Authority.