Performance-Based Payment definition

Performance-Based Payment means a payment made or proposed to be made out of the proceeds of the Financing by the ▇▇ ▇▇▇ to an Eligible Health Center in accordance with Section I.D. of Schedule 2 of this Agreement to finance the provision of the Health Services Packages.

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Performance-Based Payment means a temporary financial incentive to hospitals, physicians, and other health care providers for achieving performance indicators, as predefined by MoH in consultation with the Bank.

Performance-Based Payment means a payment made on the basis of the performance achieved in accordance with a Performance-Based Contract.

Examples of Performance-Based Payment in a sentence

• This Low Value Performance-Based Payment Agreement (hereinafter referred to as the “Agreement”) is made between the United Nations Development Programme, a subsidiary organ of the United Nations established by the General Assembly of the United Nations (hereinafter “UNDP”), and the Responsible Party named in Block 2 of the Face Sheet (the “Responsible Party,” and together with UNDP, the “Parties”).

• To: UNDP, <enter country office address and Fax No:> Date: xx/xx/20xx Pursuant to the Performance-Based Payment Agreement dated DD MONTH YR (the "Agreement") between [Responsible Party] and United Nations Development Programme, [Responsible Party] hereby requests payment for the achievement of results under Deliverable [x], in the amount of $XX.

• This glossary includes terms typically used in Performance-Based Payment Agreements and is not intended to be an exhaustive list.

• The UNDP and responsible party will collaborate in the framework of the project proposal developed by responsible party based on the Low-value, Performance-Based Payment agreement.

• To: UNDP, <enter country office address and Fax No:> Date: xx/xx/20xx Pursuant to the Low Value Performance-Based Payment Agreement dated DD MONTH YR (the "Agreement") between [Responsible Party] and United Nations Development Programme, [Responsible Party] hereby requests payment for the completion of Deliverable [x], in the amount of $XX.

• The Performance-Based Payment Reductions are not Authority’s exclusive remedy for Late Trips, Missed Trips or Mission Quality Failures, except that Authority will not have the right to recover damages due to harm to the public and lost revenues resulting from Late Trips, Missed Trips and Mission Quality Failures in excess of the amounts set forth in Schedule 6 (subject to escalation).

• Change Orders are not required to document circumstances where Authority, as contemplated by the Contract, deducts (or offsets) amounts due Authority from monies due, or to become due Contractor, including, but not limited to, liquidated damages, Performance-Based Payment Reductions or the costs incurred by Authority to correct deficient Work.

• If the number of Missed Stops, Late Stops, or Mission Quality Failures exceeds the allowable number of Missed Stops, Late Stops, or Mission Quality Failures, as applicable, over the relevant measurement periods, Authority shall assess Performance-Based Payment Reductions.

• For the first six months of the grant agreement, the State will reimburse the full amount of the Grantee’s Core monthly operating costs (pending approval from the State Health Care Reform director.) At the seven month ▇▇▇▇, the performance measures referenced in the Performance-Based Payment diagram will take effect.

• Pursuant to Article 11.4, Contractor shall provide Authority with its escalation calculations for each of the Performance-Based Payment Reduction amounts set forth in Schedule 6.

More Definitions of Performance-Based Payment

Performance-Based Payment or “PBP” means each performance-based payment to be made for a Training Subproject in accordance with the provisions of Section I.D.2 of Schedule 2 to this Agreement, and “Performance-Based Payments” or “PBPs” means, collectively, two or more such performance-based payments.