Construction Funding Subsidy definition

Construction Funding Subsidy or “CFS” means the funding that the MOHLTC agreed to provide, or to ensure the provision of, to the HSP, in an agreement for the construction, development, redevelopment, retrofitting or upgrading of beds (a “Development Agreement”).
Sample 1Sample 2Sample 3
Construction Funding Subsidy has the meaning ascribed to it in Schedule B.
Sample 1Sample 2Sample 3
Construction Funding Subsidy has the meaning ascribed to it in Schedule B. “controlling shareholder” of a corporation means a shareholder who or which holds (or another person who or which holds for the benefit of such shareholder), other than by way of security only, voting securities of such corporation carrying more than 50% of the votes for the election of directors, provided that the votes carried by such securities are sufficient, if exercised, to elect a majority of the board of directors of such corporation.
Sample 1Sample 2Sample 3

Examples of Construction Funding Subsidy in a sentence

  • The funding allocations in Tables 1 and 2 for LTCHs are only estimates that are subject to adjustment in accordance with the Funding Policies as defined in Schedule 3, including adjustments for reconciliation, Beds in Abeyance, and Construction Funding Subsidy per diem.

  • This Guarantee is subject to the condition that any and all amounts advanced by the Creditor to the Debtor under the Financing Agreement will be made on a non-revolving basis and the Guarantors’ respective Guaranteed Proportions and Maximum Amounts shall be based on the amount of advances made by the Creditor to the Debtor pursuant to the Financing Agreement, together with the amount of the Construction Funding Subsidy, net of all payments received by the Creditor in repayment of the Obligations.

  • This Construction Funding Subsidy Policy supports the implementation of the most current design standards for LTC homes, as currently set out in the Long-Term Care Home Design Manual, 2015 (the Design Manual).

  • In addition, beds that are not available for occupancy under a written permission of the Director under subsection 104 (3) of the Long- Term Care Homes Act, 2007 will continue to receive Construction Funding Subsidy in accordance with the Beds in Abeyance Policy.

  • Funding provided under this Construction Funding Subsidy Policy for Long-Term Care Homes,2019 (the Construction Funding Subsidy Policy or the Policy) is intended to help support the costs of developing a new long-term care (LTC) home or beds, or redeveloping an existing LTC home or beds, where the Ministry of Health and Long-Term Care ( the ministry) has approved the development and/or redevelopment and specified in writing that this Policy applies.

  • In 2008, Sudan’s debt service capacity will be constrained by the burden of implementing the various peace agreements, addressing the damage of the 2007 floods, paying off domestic arrears, rebuilding foreign exchange reserves, and addressing critical poverty and reconstruction requirements.

  • Prior to the modernized funding model, the Long-Term Care Home Construction Funding Subsidy Policy, 2019 was the main ministry policy that promoted new development and the redevelopment of long-term care homes through a construction funding subsidy ranging from $18.03 to $23.03.

  • When the Construction Funding Subsidy per diem and 40% of the maximum Development Grant are added to the Council approved budget, the funding available for this project is $36,704,990.

  • THAT John Noble Home Update on Ministry of Long Term Care increase to Construction Funding Subsidy and Capital Program JNH2022-42 BE RECEIVED.

  • The Estimated Provincial Subsidy includes Level of Care Per Diem Funding net of the sum of estimated Resident Co-payment Revenue, Registered Practical Nurse Funding, Construction Funding Subsidy and, where applicable, any other Non-Level of Care Funding paid by a LHIN1.


More Definitions of Construction Funding Subsidy

Construction Funding Subsidy has the meaning ascribed to it in Schedule B. “Controlling Shareholder” of a corporation means a shareholder who or which holds (or another perçon who or which hoIdç for the benefit of çuch çharehoIder), other than by way of çecurity onIy, voting çecuritieç of çuch corporation carrying more than 50% of the voteç for the eIection of directorç, provided that the voteç carried by çuch çecuritieç are çuficient, if exerciçed, to eIect a majority of the board of directorç of çuch corporation.
Sample 1Sample 2Sample 3
Construction Funding Subsidy has the meaning ascribed to it in Schedule C; “Days” means calendar days;
Sample 1Sample 2Sample 3
Construction Funding Subsidy means the monthly payments in respect of the Construction Funding Subsidy Policy under the Development Agreement.
Sample 1Sample 2
Construction Funding Subsidy or “CFS” means the funding that the MOHLTC agreed to provide, or to ensure the provision of, to the HSP, in an agreement for the construction, development, redevelopment, retrofitting or upgrading of beds (a “Development Agreement”). “CFS Commitments” means (a) commitments of the HSP related to a Development Agreement, identified in Schedule A of the service agreement in respect of the Home, in effect between the HSP and the LHIN on June 30, 2010, and (b) commitments of the HSP identified in a Development Agreement in respect of beds that were developed or redeveloped and opened for occupancy after June 30, 2010, (including, without limitation, any commitments set out in the HSP’s Application as defined in the Development Agreement, and any conditions agreed to in the Development Agreement in respect of any permitted variances from standard design standards.) "Envelope" is a portion of the Estimated Provincial Subsidy that is designated for a specific use. There are four Envelopes in the Estimated Provincial Subsidy as follows: (a) the “Nursing and Personal Care” Envelope; (b) the “Program and Support Services” Envelope; (c) the “Raw Food” Envelope; and (d) the “Other Accommodation” Envelope. “Estimated Provincial Subsidy” means the estimated provincial subsidy calculated in accordance with Applicable Policy. “Reconciliation Reports” means the reports required by Applicable Policy including the Long-term Care Home Annual Report and, the In-Year Revenue/Occupancy Report. “Term” means the term of this Agreement.
Sample 1Sample 2
Construction Funding Subsidy means the monthly payments in respect of the
Sample 1Sample 2

Related to Construction Funding Subsidy

  • Project Funding means the funding for the Services;

  • Project Funding Agreement means an agreement in the form of Schedule E that incorporates the terms of this Agreement and enables the Funder to provide one-time or short term funding for a specific project or service that is not already described in the Schedules;

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Broken Funding Costs means for any Purchaser Interest which: (i) has its Capital reduced without compliance by Seller with the notice requirements hereunder or (ii) does not become subject to an Aggregate Reduction following the delivery of any Reduction Notice or (iii) is assigned under Article XIII or terminated prior to the date on which it was originally scheduled to end; an amount equal to the excess, if any, of (A) the CP Costs or Yield (as applicable) that would have accrued during the remainder of the Tranche Periods or the tranche periods for Commercial Paper determined by the Agent to relate to such Purchaser Interest (as applicable) subsequent to the date of such reduction, assignment or termination (or in respect of clause (ii) above, the date such Aggregate Reduction was designated to occur pursuant to the Reduction Notice) of the Capital of such Purchaser Interest if such reduction, assignment or termination had not occurred or such Reduction Notice had not been delivered, over (B) the sum of (x) to the extent all or a portion of such Capital is allocated to another Purchaser Interest, the amount of CP Costs or Yield actually accrued during the remainder of such period on such Capital for the new Purchaser Interest, and (y) to the extent such Capital is not allocated to another Purchaser Interest, the income, if any, actually received during the remainder of such period by the holder of such Purchaser Interest from investing the portion of such Capital not so allocated. In the event that the amount referred to in clause (B) exceeds the amount referred to in clause (A), the relevant Purchaser or Purchasers agree to pay to Seller the amount of such excess. All Broken Funding Costs shall be due and payable hereunder upon demand.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Lender means a person who makes a construction loan.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Tourism destination project means a qualified non-gaming business facility that will be among the most visited privately owned or operated tourism or recreation sites in the State, and which is located within the qualified incentive area and has been determined by the authority to be in an area appropriate for development and in need of economic development incentive assistance, including a non-gaming business within an established Tourism District with a significant impact on the economic viability of that District.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Pass-Through Costs means costs incurred directly by Jazz that are passed-through to Air Canada and fully reimbursed under the CPA;

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Approved Occupational Superannuation Fund means a superannuation fund which complies with the Occupational Superannuation Standards Act, 1987.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Caribbean Basin country construction material means a construction material that—

  • Construction Plans means plans, drawings, specifications and related documents, and construction schedules for the construction of the Project, together with all supplements, amendments or corrections, submitted by the Developer and approved by the City in accordance with this Agreement.

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.2 of Schedule 2 to this Agreement.

  • Construction Completion Date means date of the completion of the Construction Period, which shall be at the expiry of a period of 24 (Twenty Four) months from the Compliance Date or such other date (with the consent of the Authority) by which the overall development of the Project is completed in accordance with the provisions of this Concession Agreement and when the Construction Completion Certificate is issued by Authority as per Article 14.1.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Restricted Subsidiary secured by Residual Interests.