Settlement and Recovery of Funding for Prior Years Sample Clauses

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.
Sample 1Sample 2Sample 3See All (437)
AutoNDA by SimpleDocs
Settlement and Recovery of Funding for Prior Years. 5.8.1 The Hospital acknowledges that settlement and recovery of Funding can occur up to seven years after the provision of Funding.
Sample 1Sample 2Sample 3See All (64)
Settlement and Recovery of Funding for Prior Years. (a) The HSP acknowledges that settlement and recovery of Funding for Services at a Home can occur up to 7 years after the provision of Funding. LONG-TERM CARE HOME SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 - MARCH 31, 2022 20/42 (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.
Sample 1Sample 2Sample 3See All (13)
Settlement and Recovery of Funding for Prior Years. (a) The HSP acknowIedgeç that çettIement and recovery of Funding for Serviceç at a Home can occur up to 7 yearç after the proviçion of Funding. LONG-TERM CARE HOME SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 - MARCH 31, 2022 20/42 (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 wiII çettIe and recover funding provided by the MOHLTC to the HSP prior to the trançition of the funding for the Serviceç to the LHIN, provided that çuch çettIement and recovery occurç within 7 yearç of the proviçion of the funding by the MOHLTC. AII çuch çettIementç and recoverieç wiII be çubject to the termç appIicabIe to the originaI proviçion of funding.
Sample 1Sample 2Sample 3
Settlement and Recovery of Funding for Prior Years. The Hospital acknowledges that settlement and recovery of Funding can occur up to seven years after the provision of Funding. Recognizing the transition of responsibilities from the MOHLTC to the LHIN, the Hospital agrees that if the parties are directed in writing to do so by the MOHLTC, the LHIN will settle and recover on behalf of the MOHLTC, and the Hospital will enable the recovery of, Funding provided to the Hospital by the MOHLTC in fiscal 2000/01 and every subsequent Fiscal Year up to and including 2006/07. All such settlements and recoveries will be subject to the terms applicable to the original provision of funding.
Sample 1Sample 2Sample 3
Settlement and Recovery of Funding for Prior Years. (a) NISA acknowledges that settlement and recovery of Funding can occur up to seven years after the provision of Funding.
Sample 1

Related to Settlement and Recovery of Funding for Prior Years

  • Provision for the Recovery of Funding The HSP will make reasonable and prudent provision for the recovery by the Funder 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 Funder. Interest earned on Funding will be reported and recovered in accordance with section 4.6.

  • Process for Recovery of Funding If the Funder, acting reasonably, determines that a recovery of Funding under section 5.1 is appropriate, then the Funder will give 30 Days’ Notice to the HSP. The Notice will describe: the amount of the proposed recovery; the term of the recovery, if not permanent; the proposed timing of the recovery; the reasons for the recovery; and the amendments, if any, that the Funder proposes be made to the HSP’s obligations under this Agreement. Where the HSP disputes any matter set out in the Notice, the parties will discuss the circumstances that resulted in the Notice and the HSP may make representations to the Funder about the matters set out in the Notice within 14 Days of receiving the Notice. The Funder will consider the representations made by the HSP and will advise the HSP of its decision. Funding recoveries, if any, will occur in accordance with the timing set out in the Funder’s decision. No recovery of Funding will be implemented earlier than 30 Days after the delivery of the Notice.

Time is Money Join Law Insider Premium to draft better contracts faster.