Provision for the Recovery of Funding Sample Clauses

Provision for the Recovery of Funding. The HSP will make reasonable and prudent provision for the recovery by the LHIN of any Funding for which the conditions of Funding set out in section 4.5 are not met and will hold this Funding in accordance with the provisions of section 4.6 until such time as reconciliation and settlement has occurred with the LHIN. Interest earned on Funding will be reported and recovered in accordance with section 4.6.
Sample 1Sample 2Sample 3See All (422)
AutoNDA by SimpleDocs
Provision for the Recovery of Funding. The HSPwillmakereasonableandprudent provision for the recovery by the LHIN of any Funding for which the conditions of Funding set out in section 4.2(a) are not met and will hold this Funding in an interest bearing account until such time as reconciliation and settlement has occurred with the LHIN.
Sample 1Sample 2Sample 3See All (5)
Provision for the Recovery of Funding. The Hospital will make reasonable and prudent provision for the recovery by the LHIN of any Funding that the LHIN may recover under this Agreement and will hold this Funding in an interest bearing account until such time as reconciliation and settlement has occurred with the LHIN. Interest earned on Funding will be recoverable by the LHIN or be used for the provision of Hospital Services in accordance with this Agreement.
Sample 1Sample 2Sample 3
Provision for the Recovery of Funding. The HSP wiII make reaçonabIe and prudent proviçion for the recovery by the LHIN of any Funding for which the conditionç of Funding çet out in çection 4.5 are not met and wiII hoId thiç Funding in accordance with the proviçionç of çection 4.6 untiI çuch time aç reconciIiation and çettIement haç MULTI-SECTOR SERVICE ACCOUNTABILITY AGREEMENT APRIL 1, 2019 — MARCH 31, 2022 20/41 occurred with the LHIN. Intereçt earned on Funding wiII be reported and recovered in accordance with çection 4.6.
Sample 1
Provision for the Recovery of Funding. NISA will make reasonable and prudent provision for the recovery by CMHA of any Funding for which the conditions of Funding set out in subsection 4.5 are not met and will hold this Funding in accordance with the provisions of subsection 4.6 until such time as reconciliation and settlement has occurred with CMHA. Interest earned on Funding will be reported and recovered in accordance with subsection 4.6.
Sample 1
Provision for the Recovery of Funding. The Hospital will make reasonable and prudent provision for the recovery by the MOHLTC of any Funding that the MOHLTC may recover under this Agreement and will hold this Funding in an interest bearing account until such time as reconciliation and settlement has occurred with the MOHLTC. Interest earned on Funding will be recoverable by the MOHLTC or be used for the provision of Hospital Services in accordance with this Agreement.
Sample 1

Related to Provision for the Recovery of Funding

  • Process for Recovery of Funding If the Funder, acting reasonably, determines that a recovery of Funding under section 5.1 is appropriate, then the Funder will give 30 Days’ Notice to the HSP. The Notice will describe: the amount of the proposed recovery; the term of the recovery, if not permanent; the proposed timing of the recovery; the reasons for the recovery; and the amendments, if any, that the Funder proposes be made to the HSP’s obligations under this Agreement. Where the HSP disputes any matter set out in the Notice, the parties will discuss the circumstances that resulted in the Notice and the HSP may make representations to the Funder about the matters set out in the Notice within 14 Days of receiving the Notice. The Funder will consider the representations made by the HSP and will advise the HSP of its decision. Funding recoveries, if any, will occur in accordance with the timing set out in the Funder’s decision. No recovery of Funding will be implemented earlier than 30 Days after the delivery of the Notice.

  • Settlement and Recovery of Funding for Prior Years (a) The HSP acknowledges that settlement and recovery of Funding can occur up to 7 years after the provision of Funding.

Time is Money Join Law Insider Premium to draft better contracts faster.