Common use of - FINANCIAL PENALTIES Clause in Contracts

- FINANCIAL PENALTIES. Financial penalties imposed upon ChildNet by the Department due to Network Provider’s noncompliance, nonperformance or unacceptable performance shall be transferred to the Network Provider. Additionally, ChildNet shall require its Network Providers to submit Corrective Action Plans for noncompliance, nonperformance or unacceptable performance of services. Failure to implement or to make acceptable progress on such corrective action plans may result in additional penalties.

- FINANCIAL PENALTIES. Financial penalties imposed upon ChildNet by the Department due to Network Provider’s noncompliance, nonperformance or unacceptable performance shall be transferred to the Network Provider. Additionally, ChildNet shall require its Network Providers to submit Corrective Action Plans corrective action plans for noncompliance, nonperformance or unacceptable performance of services. Failure to implement or to make acceptable progress on such corrective action plans may result in additional penalties.