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. (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.
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Settlement and Recovery of Funding for Prior Years. (1) The HSP acknowledges that settlement and recovery of Funding can occur up to 7 years after the provision of Funding.
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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. 5.8.2 The Hospital agrees that if the parties are directed in writing to do so by the Ministry, the Funder will settle and recover funding provided by the Ministry to the Hospital prior to the transition of the funding for the services or program to the Funder, provided that such settlement and recovery occurs within seven years of the provision of the funding by the Ministry. All such settlements and recoveries will be subject to the terms applicable to the original provision of funding.
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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. (b) Recognizing the transition of responsibilities from the Ministry to the Funder, the HSP agrees that if the parties are directed in writing to do so by the Ministry, the Funder will settle and recover funding provided by the Ministry to the HSP prior to the transition of the funding for the Services to the Funder, provided that such settlement and recovery occurs within 7 years of the provision of the funding by the Ministry. All such settlements and recoveries will be subject to the terms applicable to the original provision of funding.
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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. (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.
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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.
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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. (b) Recognizing the transition of responsibilities from the MOHLTC to the LHIN and from the LHIN to CMHA, NISA agrees that if the Parties are directed in writing to do so by the MOHLTC, the LHIN, CMHA, will settle and recover funding provided by the MOHLTC to NISA prior to the transition of the services or program to the LHIN or CMHA, provided that such settlement and recovery occurs within seven 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 1
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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. 5.8.2 The Hospital 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 Hospital prior to the transition of the funding for the services or program to the LHIN, provided that such settlement and recovery occurs within seven 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. Sections 5.2 through 5.8 are largely retained from the 2008-10 H-SAA. Sections 5.3 and 5.8 received some non-substantive drafting changes that are not anticipated to have an impact on current processes and practices.
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 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.

  • Recovery of Funds The right of the RECIPIENT to retain monies received as reimbursement payments is contingent upon satisfactory performance of this Agreement and completion of the work described in the Scope of Work. All payments to the RECIPIENT are subject to approval and audit by ECOLOGY, and any unauthorized expenditure(s) or unallowable cost charged to this Agreement shall be refunded to ECOLOGY by the RECIPIENT. RECIPIENT shall refund to ECOLOGY the full amount of any erroneous payment or overpayment under this Agreement. RECIPIENT shall refund by check payable to ECOLOGY the amount of any such reduction of payments or repayments within thirty (30) days of a written notice. Interest will accrue at the rate of twelve percent (12%) per year from the time ECOLOGY demands repayment of funds. Any property acquired under this Agreement, at the option of ECOLOGY, may become ECOLOGY's property and the RECIPIENT's liability to repay monies will be reduced by an amount reflecting the fair value of such property.

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