Adjustment of Funding. (a) The LHIN may adjust the Funding in any of the following circumstances:
Adjustment of Funding. (a) The Funder may adjust the Funding in any of the following circumstances:
Adjustment of Funding. (a) The LHIN may adjust the Funding in any of the following circumstances: LONG-TERM CARE HOME SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 - MARCH 31, 2022 (1) in the event of changes to Applicable Law or Applicable Policy that affect Funding;
Adjustment of Funding. The LHIN may adjust the Funding in any of the following circumstances: in the event of changes to Applicable Law or Applicable Policy that affect Funding; on a change to the Services; if required by either the Director or the Minister under the Act; in the event that a breach of this Agreement is not remedied to the satisfaction of the LHIN; and as otherwise permitted by this Agreement. Funding recoveries or adjustments required pursuant to section 5.1(a) may be accomplished through the adjustment of Funding, requiring the repayment of Funding, through the adjustment of the amount of any future funding installments, or through both. Approved Funding already expended properly in accordance with this Agreement will not be subject to adjustment. The LHIN will, at its sole discretion, and without liability or penalty, determine whether the Funding has been expended properly in accordance with this Agreement. In determining the amount of a funding adjustment under section 5.1 (a) (4) or (5), the LHIN shall take into account the following principles: Resident care must not be compromised through a funding adjustment arising from a breach of this Agreement; the HSP should not gain from a breach of this Agreement; if the breach reduces the value of the Services, the funding adjustment should be at least equal to the reduction in value; and the funding adjustment should be sufficient to encourage subsequent compliance with this Agreement, and such other principles as may be articulated in Applicable Law or Applicable Policy from time to time.
Adjustment of Funding. (a) The Funder may adjust the Funding in any of the following circumstances:
(1) in the event of changes to Applicable Law or Applicable Policy that affect Funding;
(2) on a change to the Services;
(3) if required by either the Director or the Minister under the Act;
(4) in the event that a breach of this Agreement is not remedied to the satisfaction of the Funder; and
(5) as otherwise permitted by this Agreement.
(b) Funding recoveries or adjustments required pursuant to section 5.1(a) may be accomplished through the adjustment of Funding, requiring the repayment of Funding, through the adjustment of the amount of any future funding installments, or through both. Approved Funding already expended properly in accordance with this Agreement will not be subject to adjustment. The Funder will, at its sole discretion, and without liability or penalty, determine whether the Funding has been expended properly in accordance with this Agreement.
(c) In determining the amount of a funding adjustment under section 5.1 (a) (4) or (5), the Funder shall take into account the following principles:
(1) Resident care must not be compromised through a funding adjustment arising from a breach of this Agreement;
(2) the HSP should not gain from a breach of this Agreement;
(3) if the breach reduces the value of the Services, the funding adjustment should be at least equal to the reduction in value; and
(4) the funding adjustment should be sufficient to encourage subsequent compliance with this Agreement, and such other principles as may be articulated in Applicable Law or Applicable Policy from time to time.
Adjustment of Funding. 1 Share Percentage and Seller Share Percentage on Calculation Dates 6 9. Minimum Seller Share..................................................................... 8 10. Allocation and Distribution of Revenue Receipts.......................................... 10 11. Allocation and Distribution of Principal Receipts........................................ 11 12.
Adjustment of Funding. 12.1. TVCA reserves the right to make an Adjustment to the Funding Allocation, where in the opinion of TVCA, the Grant Recipient is unlikely to deliver the levels of Funded Activity anticipated by the Delivery Plan.
Adjustment of Funding. 17.1 The sums payable under clauses 15.1 and 15.2 will be adjusted to reflect the imposition of any new statutory charges levied on the Operator by central or local government (excluding any additional charges levied by Trackco), not in existence on the Commencement Date to the extent necessary to compensate for the net effect of such new charge.
Adjustment of Funding. Share Percentage and Seller Share Percentage on Distribution Dates.............7 9.
