Termination - Contractor Sample Clauses

Termination - Contractor. If mutual agreement between DHS and the Contractor cannot be attained on capitation rates for rate years subsequent to September 30, 1997, the Contractor will retain the right to terminate the Contract, no earlier than September 30, 1998, by giving at least nine (9) months written notice to DHS to that effect. The effective date of any termination under this section will be September 30. Grounds for contract termination by a Contractor are limited to its unwillingness to accept the capitation rates determined by DHS, or if DHS decides to negotiate rates, there is a failure to reach mutual agreement on rates.

Termination - Contractor. If mutual agreement between CDHS and Contractor cannot be attained on capitation rates for rate years subsequent to September 30, 2007, Contractor shall retain the right to terminate the Contract, no earlier than September 30, 2008, by giving at least nine (9) months written notice to CDHS to that effect. The effective date of any termination under this section shall be September 30. Grounds under which Contractor may terminate this Contract are limited to: (1) Unwillingness to accept the capitation rates determined by CDHS, or if CDHS decides to negotiate rates, failure to reach mutual agreement on rates; or (2) When a change in contractual obligations is created by a State or Federal change in the Medi-Cal program, or a lawsuit, that substantially alters the financial assumptions and conditions under which the Contractor entered into this Contract, such that the Contractor can demonstrate to the satisfaction of CDHS that it cannot remain financially solvent through the term of the Contract. If Contractor invokes ground number 2, Contractor shall submit a detailed written financial analysis to CDHS supporting its conclusions that it cannot remain financially solvent. At the request of CDHS, Contractor shall submit or otherwise make conveniently available to CDHS, all of Contractor’s financial work papers, financial reports, financial books and other records, bank statements, computer records, and any other information required by CDHS to evaluate Contractor’s financial analysis. CDHS and Contractor may negotiate an earlier termination date if Contractor can demonstrate to the satisfaction of CDHS that it cannot remain financially solvent until the termination date that would otherwise be established under this section. Termination under these circumstances shall not relieve Contractor from performing the Phaseout Requirements described in provision 15. below.

Termination - Contractor. Contractor may terminate the Contract for good cause shown at any time by giving written notice to DHS to that effect, stating the reasons for the termination. The termination shall become effective on the last day of the second calendar month following the month in which notice of termination was given.

Termination - Contractor. If mutual agreement between DHS and Contractor cannot be attained on capitation rates for rate years subsequent to September 30,1997, Contractor shall retain the right to terminate the Contract, no earlier than September 30,1998, by giving at least nine (9) months written notice to DHS to that effect. The effective date of any termination under this section shall be September 30. Grounds under which Contractor may terminate this Contract are limited to: (1) Unwillingness to accept the capitation rates determined by DHS, or if DHS decides to negotiate rates, failure to reach mutual agreement on rates; or (2) When a change in contractual obligations is created by a State or federal change in the Medi-Cal program, or a lawsuit, that substantially alters the financial assumptions and conditions under which Contractor entered into this Contract, such that Contractor can demonstrate to the satisfaction of DHS that it cannot remain financially solvent through the term of the Contract. ▇▇▇▇▇▇ MEDICAL CENTERS, INC. 95-23637-A03 If Contractor invokes ground number 2, Contractor shall submit a detailed written financial analysis to DHS supporting its conclusions that it cannot remain financially solvent. At the request of DHS, Contractor shall submit or otherwise make conveniently available to DHS, all of Contractor's financial work papers, financial reports, financial books and other records, bank statements, computer records, and any other information required by DHS to evaluate Contractor's financial analysis. Based on the above two grounds, Contractor may terminate the Contract, no earlier than September 30, 1998, by giving at least nine (9) months written notice to DHS to that effect. The effective date of any termination under this section shall be September 30. DHS and Contractor may negotiate an earlier termination date if Contractor can demonstrate to the satisfaction of DHS that it cannot remain financially solvent until the termination date that would otherwise be established under this section. Termination under these circumstances shall not relieve Contractor from performing the Turnover and Phaseout activities, as described in Section 3.17. 40. Article III, GENERAL TERMS AND CONDITIONS, renumbered Section 3.18.3, Mandatory Termination, paragraph 2, is amended to read: Under these circumstances, termination of the Contract shall be effective on the last day of the month in which the Secretary, DHHS, or DOC makes such determination, provided that DHS prov...