Performance Based Payments definition

Performance Based Payments means payments to be made to qualifying NGOs, MOPH direct providers and hospitals under Part 4(i) of the Project from funds provided through the Results-Based Financing Trust Fund, in accordance with criteria, terms and conditions set out in Section I.D of Schedule 2 to this Agreement and in a Grant Agreement to be entered into between the Association as administrator of the Results-Based Financing Trust Fund, and the Recipient.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Performance Based Payments means those D&MI payments subject to completion of specific events or performance criteria as provided in SBP Section 5.5 and further described in SBP Attachment 23.

Performance Based Payments means the payment to be made to the Participating Company after verifiable energy efficiency improvements have been achieved by its Participating Vehicle, and have been verified by the Project Implementing Entity.

Examples of Performance Based Payments in a sentence

• Unless otherwise specified in this AGREEMENT, Progress or Performance Based Payments are not authorized under this AGREEMENT.

• If the Subcontract provides for Performance Based Payments (“PBPs”), at no time shall cumulative PBPs exceed cumulative contract cost incurred under this Subcontract.

• The CYE 25 capitation rates for the ACC and ACC-RBHA Program include an incentive arrangement, as described under 42 CFR § 438.6(b)(2), called the APM Initiative – Performance Based Payments.

• For purposes of providing Community Performance Based Payments under Part 1.1(c) of the Project, the Recipient shall, through MSPLS, review and approve applications for Community Performance Based Payments by Eligible CHW through the Association of CHW, in accordance with the provision of this Section D and the C-PBF Manual.

• B.3.1.1 This contract provides for Government financing to the Contractor in the form of Performance Based Payments.

• In the event of a failure of the Participant to repay any Gap Funding or Bridge Funding provided by MCE, pursuant to the terms and conditions of this Agreement, MCE may exercise all remedies available to it in law or equity, including, but not limited to, initiating a collection process to recover the amounts owed and immediate suspension or termination of any Monthly Bill Credits and Performance Based Payments.

• Subject to the Business recording minimum revenues of $60,000,000 from the Closing Date through the one year anniversary of the Closing Date ("Minimum Revenues"), Buyer shall make additional cash payments to the Seller in the amounts determined in accordance with this Section 2.6(b) (such payments, the "Performance Based Payments").

• The APM Initiative – Performance Based Payments incentive arrangement is a special provision for payment where the Contractors may receive additional funds over and above the capitation rates for implementing APM arrangements with providers who successfully meet targets established by the Contractors that are aimed at quality improvement such as reducing costs, improving health outcomes, or improving access to care.

• For purposes of providing Education Performance Based Payments under Part 2.2(f) of the Project, the Recipient shall, through MNESR, review and approve applications for Education Performance Based Payments by Eligible Education Structures, in accordance with the provision of this Section D and the Education Performance Based Payments Manual.

• The Recipient shall exercise its rights and carry out its obligations under the Supply-side Performance Based Payments Agreement in such manner as to protect its interests and those of the Association and to accomplish the purposes of the Supply-side Performance Based Payment, and, except as the Association shall otherwise agree, the Recipient shall not assign, amend, abrogate, or waive, or permit to be assigned, amended, abrogated, or waived, the aforementioned, or any provision thereof.

More Definitions of Performance Based Payments

Performance Based Payments means the payments to be made by RBC with the proceeds of the Financing under Category 2 to eligible health centers in accordance with Section I.D of Schedule 2 to this Agreement.

Performance Based Payments. A provision for the use of Performance Based Payments (PBPs) as an alternative to progress payments for contract financing. Use of Performance Based Payment method shall be approved by the Contracting Officer PROGRESS PAYMENTS: Progress payments are payments made based on the cost incurred by the contractor as work progresses under the contract. Use of Progress payment method shall be approved by the Contracting Officer.

Performance Based Payments means the returned part of the Product-generated revenues for those cases where outcomes are not meeting pre-defined clinical goals set by National Health Authority (e.g.QoL Gain, Survival, Progression, Course of Disease Modification).

Performance Based Payments means the returned part of the Product-generated revenues for those cases where outcomes are not meeting pre-defined clinical

Performance Based Payments means the payments provided to Eligible CHWs under Part 5(d) of the Project in accordance with the eligibility criteria and conditions specified in the manual to be prepared by the Recipient for management of these payments for the purpose of incentivizing CHWs to enhance awareness, mobilize the population and conduct basic screening for both reproductive, maternal, newborn and child health (RMNCH) and COVID-19.