FIXED RATE Negotiated Rate Contract (NRC Sample Clauses

FIXED RATE Negotiated Rate Contract (NRC. In full consideration of the funded alcohol and drug treatment services provided to clients who lack the necessary resources to pay for all, or part of these services themselves. The County will pay Contractor the total contract amount in twenty four (24) monthly payments in a manner as outlined in the charts below. County will pay Contractor’s monthly payment within (thirty) 30 days, upon timely submission of reports as outlined in the Alcohol and Other Drug Services (AOD) Policy and Procedure Manual. March 1, 2010 – June 30, 2011 - Second Chance Act Re-Entry Allocation Services Funding amount Monthly amount Units Of Service Rate # clients to be served Slots Second Chance Act Re- Entry Residential $37,542 $2,343 494 $76.00 5 1 July 1, 2009 - June 30, 2010 Services Funding amount Monthly amount Units Of Service per Fiscal Year Rate # clients to be served Slots NRC Adult Residential $327,247 $27,271 4306 $76.00 23 12 County Adult Residential $115,611 $9,634 1521 $76.00 8 4 Strategic Directions 2010- Residential and 1-slot dedicated to Second Chance Re-entry Services (Criminal Justice) $40,685 $3,390 535 $76.00 5 2 Mental Health Services Act (MHSA) Funding $17,355 $1,446 624 15 TOTAL $500,898 $41,741 7,064 51 18 Summary of Funding for Priority Populations * FY 2009-10 Funding Type Total Funding Allocation Priority Population Funding Priority Population % Allowable Discretionary Funding Allowable Discretionary % Annual Flat Rate $442,858 $376,429 85% $66,429 15% Strategic Directions 2010 (1-slot dedicated to Second Chance Re- entry Services) $40,685 $40,685 100% 0 N/A TOTAL Funding ** $483,543 $417,114 N/A $66,429 N/A * Priority Populations as identified in the AOD Strategic Directions 2010 plan. The plan, as well as the funding, was approved by the Board of Supervisors. Discretionary funding can be used for non-priority population clients. ** Does not include MHSA funding July 1, 2010 - June 30, 2011 Services Funding amount Monthly amount Units Of Service per Fiscal Year Rate # clients to be served Slots NRC Adult Residential $327,247 $27,271 4306 $76.00 23 12 County Adult Residential $115,611 $9,634 1521 $76.00 8 4 Strategic Directions 2010- Residential (1-slot dedicated to Second Chance Re-entry Services) (Criminal Justice) $40,685 $3,390 535 $76.00 5 2 Mental Health Services Act (MHSA) Funding $17,355 $1,446 624 15 TOTAL $500,898 $41,741 7,064 51 18 Summary of Funding for Priority Populations * FY 2010-11 Funding Type Total Funding Allocation Priority Pop...
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FIXED RATE Negotiated Rate Contract (NRC. In full consideration of the funded alcohol and drug treatment and recovery services provided to clients who lack the necessary resources to pay for all, or part of these services themselves. The County will pay Contractor the total contract amount in twenty four (24) monthly payments in a manner as outlined in the charts below. County will pay Contractor’s monthly payment within (thirty) 30 days, upon timely submission of reports as outlined in the Alcohol and Other Drug Services (AOD) Policy and Procedure Manual. July 1, 2009- June 30, 2010 Services Funding amount Monthly amount Units Of Service per Fiscal Year Rate # clients to be served Slots NRC Outpatient $200,016 $16,668 4619 SAH $43.30 54 27 County Outpatient $74,205 $6,184 1713 SAH $43.30 20 10 Strategic Directions 2010- Day Treatment $123,652 $10,304 818 VD $151.00 8 4 Co-occurring $37,185 $3,098 826 SAH $45.01 TOTAL $435,058 $36,254 82 41 Summary of Funding for Priority Populations FY 2009-10 Funding Type Total Funding Allocation Priority Population Funding Priority Population % Allowable Discretionary Funding Allowable Discretionary % Annual Flat Rate $311,406 $264,695 85% $46,711 15% Strategic Directions 2010 $123,652 $123,652 100% 0 0% TOTAL Funding $435,058 $388,347 - $46,711 - (*) Priority Populations as identified in the AOD Strategic Directions 2010 plan. The plan, as well as the funding, was approved by the Board of Supervisors. Discretionary funding can be used for non-priority population clients. July 1, 2010- June 30, 2011 Services Funding amount Monthly amount UOS per Fiscal Year Rate # clients to be served Slots NRC Outpatient $200,016 $16,668 4619 SAH $43.30 54 27 County Outpatient $74,205 $6,184 1713 SAH $43.30 20 10 Strategic Directions 2010- Day Treatment $98,857 $8,238 655 VD $151.00 6 3 Co-occurring $37,185 $3,098 826 SAH $45.01 TOTAL $410,263 $34,188 (*) Should contractor be below 45% utilization at 6 months of service, contractor has discretion of using Strategic Directions 2010 Day Treatment funding for County Outpatient services. Summary of Funding for Priority Populations FY 2010-11 Funding Type Total Funding Allocation Priority Population Funding Priority Population % Allowable Discretionary Funding Allowable Discretionary % Annual Flat Rate $311,406 $264,695 85% $46,711 15% Strategic Directions 2010 $98,857 $98,857 100% 0 0% TOTAL Funding $410,263 $363,552 - $46,711 - (*) Priority Populations as identified in the AOD Strategic Directions 2010 plan. The plan, as well as ...
Sample 1

Related to FIXED RATE Negotiated Rate Contract (NRC

  • Interest Rate Options The Borrower shall pay interest in respect of the outstanding unpaid principal amount of the Loans as selected by it from the Base Rate Option or LIBOR Rate Option set forth below applicable to the Loans, it being understood that, subject to the provisions of this Agreement, the Borrower may select different Interest Rate Options and different Interest Periods to apply simultaneously to the Loans comprising different Borrowing Tranches and may convert to or renew one or more Interest Rate Options with respect to all or any portion of the Loans comprising any Borrowing Tranche; provided that (i) there shall not be at any one time outstanding more than ten (10) Borrowing Tranches in the aggregate among all of the Loans and (ii) if an Event of Default or Potential Default exists and is continuing, the Borrower may not request, convert to, or renew the LIBOR Rate Option for any Loans and the Required Lenders may demand that all existing Borrowing Tranches bearing interest under the LIBOR Rate Option shall be converted immediately to the Base Rate Option, subject to the obligation of the Borrower to pay any indemnity under Section 5.9 [Indemnity] in connection with such conversion. If at any time the designated rate applicable to any Loan made by any Lender exceeds such Lender’s highest lawful rate, the rate of interest on such Lender’s Loan shall be limited to such Lender’s highest lawful rate.

  • Floating Rate/Fixed Rate Notes If this Note is specified on the face hereof as a “Floating Rate/Fixed Rate Note”, this Note will bear interest at the rate determined by reference to the applicable Interest Rate Basis or Interest Rate Bases: (1) plus or minus the applicable Spread, if any; and/or (2) multiplied by the applicable Spread Multiplier, if any. Commencing on the first Interest Reset Date, the rate at which this Floating Rate/Fixed Rate Note is payable will be reset as of each Interest Reset Date; provided, however, that: (A) the interest rate in effect for the period, if any, from the Original Issue Date to the first Interest Reset Date will be the Initial Interest Rate specified on the face hereof; and (B) the interest rate in effect commencing on the Fixed Rate Commencement Date will be the Fixed Interest Rate, if specified on the face hereof, or, if not so specified, the interest rate in effect on the day immediately preceding the Fixed Rate Commencement Date.

  • Alternate Rate of Interest If prior to the commencement of any Interest Period for a Eurodollar Borrowing:

  • Notice of Interest Period and Interest Rate Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.09 or a notice of selection of an Interest Period pursuant to the definition of “Interest Period”, the Administrative Agent shall give notice to the Borrower and each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

  • Duration of normal Interest Periods Subject to Clauses 6.3 and 6.4, each Interest Period shall be:

  • Base Rate Option A fluctuating rate per annum (computed on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed) equal to the Base Rate plus the Applicable Margin, such interest rate to change automatically from time to time effective as of the effective date of each change in the Base Rate; or

  • Additional Interest on Eurodollar Rate Advances The Borrower shall pay to each Lender, so long as such Lender shall be required under regulations of the Board of Governors of the Federal Reserve System to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Rate Advance of such Lender, from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest shall be determined by such Lender and notified to the Borrower through the Administrative Agent, and such determination shall be conclusive and binding for all purposes, absent manifest error.

  • Alternate Rate of Interest; Illegality (a) If prior to the commencement of any Interest Period for a Eurodollar Borrowing:

  • Negotiation of alternative rate of interest If the Agent’s notice under Clause 5.8 is served after the Loan is made, the Borrower, the Agent and the Lenders or (as the case may be) the Affected Lender shall use reasonable endeavours to agree, within the 30 days after the date on which the Agent serves its notice under Clause 5.8 (the “Negotiation Period”), an alternative interest rate or (as the case may be) an alternative basis for the Lenders or (as the case may be) the Affected Lender to fund or continue to fund their or its Contribution during the Interest Period concerned.

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

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