Common use of Variable Payment Clause in Contracts

Variable Payment. 1.2.1. A Variable Payment, payable at the end of each contract Year, intended as a further contribution to overhead, supervision and other costs, the amount of which is determined based upon and reflective of the Net Change in Attachment of patients attached to the Clinic since the Baseline Date. The method for determining the Net Change in Attachment is described in Appendix 3. 1.2.2. As stated, the actual Variable Payment will be calculated annually, upon submission of the first EMR data extract after the end of each contract Year and paid to the Clinic upon receipt of invoice to Manitoba. Unless otherwise agreed to in writing by Manitoba, the RHA and the Clinic upon the date of signing this Agreement (and appended hereto), due to the nature of the Clinic’s practice, the Interprofessional Team Member, or other relevant factor, the amount payable for each Year will be determined as indicated in the following table: Net Increase in Attachment Compared to Baseline Amount Payable

Appears in 3 contracts

Samples: Funding Agreement, Funding Agreement, Funding Agreement

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Variable Payment. 1.2.1. A Variable Payment, payable at the end of each contract Year, intended as a further contribution to overhead, supervision and other costs, the amount of which is determined based upon and reflective of the Net Change in Attachment of patients attached to the Clinic since the Baseline Date. The method for determining the Net Change in Attachment is described in Appendix 3. 1.2.2. As stated, the actual Variable Payment will be calculated annually, upon submission of the first EMR data extract after the end of each contract Year and paid to the Clinic upon receipt of invoice to Manitoba. Unless otherwise agreed to in writing by ManitobaMHHLS, the RHA and the Clinic upon the date of signing this Agreement (and appended hereto), due to the nature of the Clinic’s practice, the Interprofessional Team Member, or other relevant factor, the amount payable for each Year will be determined as indicated in the following table: Net Increase in Attachment Compared to Baseline Amount Payable

Appears in 1 contract

Samples: Funding Agreement

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Variable Payment. 1.2.1. A Variable Payment, payable at the end of each contract Year, intended as a further contribution to overhead, supervision and other costs, the amount of which is determined based upon and reflective of the Net Change in Attachment of patients attached to the Clinic since the Baseline Date. The method for determining the Net Change in Attachment is described in Appendix 3. 1.2.2. As stated, the actual Variable Payment will be calculated annually, upon submission of the first EMR data extract after the end of each contract Year and paid to the Clinic upon receipt of invoice to Manitoba. Unless otherwise agreed to in writing by Manitoba, the RHA and the Clinic upon the date of signing this Agreement (and appended hereto), due to the nature of the Clinic’s practice, the Interprofessional Team Member, or other relevant factor, the amount payable for each Year will be determined as indicated in the following table: Net Increase in Attachment Compared to Baseline Amount PayablePayable 1000 – 1200 $40,000 1201 + $50,000

Appears in 1 contract

Samples: Funding Agreement

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