Common use of Set Funding Clause in Contracts

Set Funding. 5.1.1 The Recipient may only expend Set Funding: (a) for the Health Programsand Services forwhich it is allocated in Schedule"FED-1" or reallocated in accordancewiththissection; (b) in accordance withthe requirements of this Agreement for those Health Programs and Services; (c) duringthe Fiscal Year in whichtheannualamount of the Set Funding is shown to be payable in Schedule "FED-1". 5.1.2 The Recipientmay, withthewrittenapproval of the Minister, re-allocateany Set Fundingamongany Functional Areaswithinthesame Functional Area Groupaccording to Schedule"FED-1" duringthesame Fiscal Year. 5.1.3 The Recipientshallidentifyanyexpectedunderspending of Set Fundingat anytimeduringa Fiscal Year and immediately inform the Minister in writing. 5.1.4 If,attheendofaFiscalYear,theRecipienthasnotexpendedallSetFundingforthatFiscalYear,the unspentamountshall be repaid by the Recipient to the Minister withinone hundredandtwenty (120) calendardaysof theend ofthatFiscalYear.

Appears in 1 contract

Sources: Health Funding Consolidated Contribution Agreement

Set Funding. 5.1.1 The Recipient may only expend Set Funding: (a) for the Health Programsand Services forwhich it is allocated in Schedule"FED-1" or reallocated in accordancewiththissection; (b) in accordance withthe requirements of this Agreement for those Health Programs and Services; (c) duringthe Fiscal Year in whichtheannualamount of the Set Funding is shown to be payable in Schedule "FED-1". 5.1.2 The Recipientmay, withthewrittenapproval of the Minister, re-allocateany Set Fundingamongany Functional Areaswithinthesame Functional Area Groupaccording to Schedule"FED-1" duringthesame Fiscal Year. 5.1.3 The Recipientshallidentifyanyexpectedunderspending of Set Fundingat anytimeduringa Fiscal Year and immediately inform the Minister in writing. 5.1.4 If,attheendofaFiscalYear,theRecipienthasnotexpendedallSetFundingforthatFiscalYear,, at the unspentamountshall end of a Fiscal Year, the Recipient has not expended all Set Funding for that Fiscal Year, the unspent amount shall be repaid by the Recipient to the Minister withinone hundredandtwenty (120Ministerwithin onehundredand twenty(120) calendardaysof theend ofthatFiscalYear.

Appears in 1 contract

Sources: Health Funding Consolidated Contribution Agreement