AVERAGE DAILY POPULATION Sample Clauses

AVERAGE DAILY POPULATION. The Order applies different rate caps to facilities based on their average daily population (ADP). We understand that your current ADP is < 1,000, and the adjustments described herein are based on that assumption. To facilitate compliance with the Order, Xxxxxxxx agrees to update Provider in the event its ADP becomes greater than or equal to 1,000. The Order and associated regulations define ADP as “the sum of all inmates in a facility for each day of the preceding calendar year, divided by the number of days in the year.” Order, Paragraph 47, Note 132; 47 CFR § 64.6000.
Sample 1
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AVERAGE DAILY POPULATION. County agrees to work with Agency to maintain an ADP, aggregated monthly, of the number of OYA BRS Clients in each program as follows: The parties recognize that in order to meet the contracted capacity, County may be required at times to serve more OYA BRS Clients than the ADP, up to the licensed capacity, in order to offset times when fewer OYA BRS Clients are served.
Sample 1
AVERAGE DAILY POPULATION. (ADP). ADP for a given quarter will be determined from the FACILITY census records. For billing purposes, the COUNTY INMATE/DETAINEE ADP will be 54 and the NON-COUNTY INMATE/DETAINEE ADP will be 0. INMATES/DETAINEES who are not presently incarcerated in the FACILITY (i.e., persons on electronic monitoring or probation, or who are hospitalized, or in halfway housing or early release housing) should not be counted in either ADP reported to ACH by the COUNTY. The ADPs reported to ACH should only be those INMATES/DETAINEES presently incarcerated in the FACILITY.
Sample 1

Related to AVERAGE DAILY POPULATION

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  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

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