Unanticipated Funding Decreases or Increases Clause Samples

The "Unanticipated Funding Decreases or Increases" clause defines how parties will handle situations where the amount of available funding for a contract unexpectedly changes. Typically, this clause outlines procedures for adjusting the scope of work, deliverables, or payment terms if funding is reduced or increased, and may require prompt notification and negotiation between the parties. Its core function is to provide a clear process for adapting contractual obligations in response to unforeseen changes in funding, thereby minimizing disputes and ensuring both parties can respond flexibly to financial uncertainties.
Unanticipated Funding Decreases or Increases. During any fiscal year hereunder, subcontract payment amounts of SUD program funds from the Payor to the Provider specified in Subsection A of this Section of this Agreement may be increased or decreased, through the SUD program funds funding methodology and payments. The Payor or Provider may seek a modification of contractual support/service requirements from the Payor if reductions in contractual funding are made pursuant to this Subsection of this Agreement.
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Unanticipated Funding Decreases or Increases. During the fiscal year hereunder, and in order to maintain a stable benefit, subcontract payment amounts of Medicaid from the Payor to the Provider specified in Subsection A of this Section of this Agreement may be increased or decreased, through the subcapitation funding methodology and payments methodology set forth in Subsection A of this Section of this Agreement, , or increases and decreases in contractual payment amounts specified in the MDHHS/PIHP Contract for Medicaid funding, due to unanticipated legislative appropriations, executive orders, or changes in Federal and/or State funding levels or benefit. The Provider may seek a modification of contractual support/service requirements from the Payor if reductions in contractual funding are made pursuant to this Subsection of this Agreement.
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Unanticipated Funding Decreases or Increases. During any fiscal year hereunder, subcontract payment amounts of Medicaid from the Payor to the Provider specified in Subsection A of this Section of this Agreement may be increased or decreased, through the subcapitation funding methodology and payments methodology set forth in Subsection A of this Section of this Agreement, , or increases and decreases in contractual payment amounts specified in the MDHHS/PIHP Contract for Medicaid funding, due to unanticipated legislative appropriations, executive orders,
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Related to Unanticipated Funding Decreases or Increases

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will: (1) agree on the amount of the increase; (2) agree on any terms and conditions that will apply to the increase; and (3) execute an amendment to this Agreement that reflects the agreement reached.

  • Material Changes; Undisclosed Events, Liabilities or Developments Since the date of the latest audited financial statements included within the SEC Reports, except as set forth on Schedule 3.1(i), (i) there has been no event, occurrence or development that has had or that could reasonably be expected to result in a Material Adverse Effect, (ii) the Company has not incurred any liabilities (contingent or otherwise) other than (A) trade payables and accrued expenses incurred in the ordinary course of business consistent with past practice and (B) liabilities not required to be reflected in the Company’s financial statements pursuant to GAAP or disclosed in filings made with the Commission, (iii) the Company has not altered its method of accounting, (iv) the Company has not declared or made any dividend or distribution of cash or other property to its stockholders or purchased, redeemed or made any agreements to purchase or redeem any shares of its capital stock and (v) the Company has not issued any equity securities to any officer, director or Affiliate, except pursuant to existing Company stock option plans. The Company does not have pending before the Commission any request for confidential treatment of information. Except for the issuance of the Securities contemplated by this Agreement or as set forth on Schedule 3.1(i), no event, liability, fact, circumstance, occurrence or development has occurred or exists or is reasonably expected to occur or exist with respect to the Company or its Subsidiaries or their respective businesses, prospects, properties, operations, assets or financial condition that would be required to be disclosed by the Company under applicable securities laws at the time this representation is made or deemed made that has not been publicly disclosed at least 1 Trading Day prior to the date that this representation is made.