Model Requirements Clause Samples

The Model Requirements clause sets out the specific standards, specifications, or criteria that a model—such as a data model, software model, or physical prototype—must meet under the agreement. It typically details the technical, functional, or performance benchmarks the model must achieve, and may outline processes for validation, testing, or approval. By clearly defining these requirements, the clause ensures that both parties have a shared understanding of expectations, reducing the risk of disputes over deliverable quality or suitability.
Model Requirements. As a condition ofthe Waiver set forth in Section 4.c., over the performance period of this Model, the State must reduce the aggregate Medicare 30-day unadjusted all-cause, all-site hospital readmission rate ("Readmission Rate") for Medicare FFS beneficiaries such that, by the end of Performance Year 5, Regulated Maryland Hospitals have achieved equal to or less than the national Readmission Rate for Medicare FFS beneficiaries at the end of Performance Year 5. If in a given Performance Year Regulated Maryland Hospitals, in aggregate, fail to outperform the national Readmissions Rate change by an amount equal to or greater than the cumulative difference between the Regulated Maryland Hospital and national Readmission Rates in the base period divided by five, CMS shall follow the corrective action and/or termination provisions of the Waiver of Section 1886(q) as set forth in Section 4.c and in Section 14. CMS shall consider whether the State can demonstrate that it is implementing a program for Regulated Maryland Hospitals and, as applicable, other hospitals in Maryland that achieves or surpasses the measured results in terms of patient outcomes and cost savings established under Section 1886(q) of the Act.
Model Requirements. As a condition of the Waiver set forth in Section 4.d, over the performance period of this Agreement, the State must achieve an aggregate 30.0% reduction across all 65 Potentially Preventable Conditions (PPC) that comprise Maryland's Hospital Acquired Condition program. The State shall calculate percentage achievement in accordance with the methodology set forth in Appendix 6. The State will provide CMS with the calculation and, in accordance with applicable law, all underlying data necessary to validate the calculation. Prior to Performance Year 2, CMS and Maryland will establish annual reduction targets for PPCs that overlap with conditions indicated in Appendix 6. If the State fails to achieve an aggregate 6. 89% reduction across all 65 PPCs that comprise Maryland's Hospital Acquired Condition program in a given Performance Year, CMS shall follow the corrective action and/or termination provisions of the Waiver of Section 1886(P) as set forth in Section 14. CMS shall consider whether the State can demonstrate that it is implementing a program for Regulated Maryland Hospitals and, as applicable, other hospitals in Maryland that achieves or surpasses the measured results in terms of patient outcomes and cost savings established under Section 1 886(q) ofthe Act.
Model Requirements 

Related to Model Requirements

  • Special Requirements Additional terms and conditions of this Agreement, if any, which are made a part hereof are set forth in the “Special Requirements” attached hereto as Exhibit “B” and incorporated herein by this reference. In the event of a conflict between the provisions of Exhibit “B” and any other provisions of this Agreement, the provisions of Exhibit “B” shall govern.

  • General Requirements The Contractor hereby agrees:

  • Additional Requirements As a condition precedent to the execution and Delivery, the registration of issuance, transfer, split-up, combination or surrender, of any ADS, the delivery of any distribution thereon, or the withdrawal of any Deposited Property, the Depositary or the Custodian may require (i) payment from the depositor of Shares or presenter of ADSs or of an ADR of a sum sufficient to reimburse it for any tax or other governmental charge and any stock transfer or registration fee with respect thereto (including any such tax or charge and fee with respect to Shares being deposited or withdrawn) and payment of any applicable fees and charges of the Depositary as provided in Section 5.9 and Exhibit B, (ii) the production of proof reasonably satisfactory to it as to the identity and genuineness of any signature or any other matter contemplated by Section 3.1, and (iii) compliance with (A) any laws or governmental regulations relating to the execution and Delivery of ADRs or ADSs or to the withdrawal of Deposited Securities and (B) such reasonable regulations as the Depositary and the Company may establish consistent with the provisions of the representative ADR, if applicable, the Deposit Agreement and applicable law.

  • Financial Requirements A report of monthly and cumulative financial requirements; and

  • Operational Requirements The Client will adhere to the deadlines and other operational requirements set out in the Client Publications, to facilitate meeting the requirements of CSD’s, Third Party Agents and Market Participants.