Common use of Budget Deficit Reconciliation Clause in Contracts

Budget Deficit Reconciliation. In the event of a Budget Deficit, neither Medical Group nor Hospital shall be responsible for making any payments under the PacifiCare POS Control Program. However, [ ** ] of the Budget Deficit amount shall be considered a Medical Group obligation for purposes of offsetting surpluses under other incentive programs under the Agreement.

Budget Deficit Reconciliation. In the event of a Budget Deficit, neither Medical Group nor Hospital shall be responsible for making any payments under the PacifiCare POS Control Program. However, However [ ** ] of the Budget Deficit amount shall be considered a Medical Group obligation for purposes of offsetting surpluses under other incentive programs under the Agreement.