TERMS AND CONDITIONS FOR THE PROVISION OF THE CONSTRUCTION FUNDING SUBSIDY Sample Clauses

TERMS AND CONDITIONS FOR THE PROVISION OF THE CONSTRUCTION FUNDING SUBSIDY. On approval to begin construction of their LTC development or redevelopment project, the ministry will inform the Eligible Operator in writing of the total expected CFS Per Diem, based on the approved plans. The amount of the CFS Per Diem may be adjusted by the ministry after completion of the project to reflect any variation from those approved plans, e.g., a decrease from the committed designated basic accommodation ratio, or any other adjustment contemplated by this Policy, and any such adjustment may be applied by or on behalf of the ministry, or by or on behalf of an agency providing the funding on behalf of the ministry, retroactively to the time that the construction funding commenced or any time after that as the ministry determines. The ministry shall not be obligated to provide, or cause the provision of, the CFS Per Diem in respect of a project, or a phase thereof where specifically permitted in the Development Agreement, unless the ministry is satisfied that all the following terms and conditions have been met:
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Related to TERMS AND CONDITIONS FOR THE PROVISION OF THE CONSTRUCTION FUNDING SUBSIDY

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  • Miscellaneous Terms and Conditions The following terms and conditions also apply.

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  • Terms and Conditions of this Agreement 1. The PROVIDER retains ownership of the MATERIAL, including any MATERIAL contained or incorporated in MODIFICATIONS.

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