Common use of Termination by the HSP Clause in Contracts

Termination by the HSP. (a) The HSP may terminate the Agreement at any time, for any reason, upon giving six months Notice to the LHIN provided that the Notice is accompanied by: (i) satisfactory evidence that the HSP has taken all necessary actions to authorize the termination of the Agreement, including if the HSP is: A. an Indian Band, as defined under the Indian Act, passing a Band Council Resolution; B. a Municipality passing a municipal by-law or resolution; or C. a corporation passing a board resolution; authorizing the HSP to terminate the Agreement with the LHIN; and (ii) a Transition Plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination and how the transition of the clients to new service providers will be effected within the six month Notice period. (b) In the event that the HSP fails to provide an acceptable Transition Plan, the LHIN may reduce Funding payable to the HSP prior to termination of the Agreement to compensate the LHIN for transition costs.

Termination by the HSP. (a) The HSP may terminate the Agreement at any time, for any reason, upon giving six 6 months Notice notice to the LHIN provided that the Notice notice is accompanied by: (i) satisfactory evidence that the HSP has taken all necessary actions to authorize the termination of the Agreement, including if the HSP is: A. an Indian Band, as defined under the Indian Act, passing a Band Council Resolution; B. a Municipality passing a municipal by-law or resolution; or C. a corporation passing a board resolution; authorizing the HSP to terminate the Agreement with the LHIN; and (ii) a Transition Plantransition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination and how the transition of the clients to new service providers will be effected within the six month Notice notice period. (b) In the event that the HSP fails to provide an acceptable Transition Plantransition plan, the LHIN may reduce Funding payable to the HSP prior to termination of the Agreement to compensate the LHIN for transition costs.