Administrative Allowance definition

Administrative Allowance means a quarterly allowance which shall be released to Access Group each quarter to cover Servicing Fees and Access Group’s other expenses (other than Trustee Fees) incurred in connection with carrying out and administering its powers, duties and functions under the Indenture and any related agreements. The amount of the Administrative Allowance on each Quarterly Payment Date shall be equal to the sum of
Administrative Allowance means that portion of the Capitation allocated by the Department for the administrative cost, including both care management and healthcare quality initiatives, of the Contract.
Administrative Allowance means that portion of the Capitation allocated by the Department for the administrative cost of the Contract.

Examples of Administrative Allowance in a sentence

  • This letter of understanding is in effect until such time as a new Administrative Allowance is negotiated.

  • The goal will be set as percentages of the Administrative Allowance included in Capitation payments made to Contractor as set forth in Attachment IV, multiplied by the anticipated Enrollee months during the State Fiscal Year.

  • Should their position be reclassified to classification 6A of this collective agreement, they will no longer be entitled to be paid the Annual Administrative Allowance in Article 42 of the collective agreement that expired on December 31, 2005.

  • Should they become entitled to be paid the new Annual Senior Assistant Allowance as per Clause 42.02(a) of this collective agreement, they will no longer be entitled to be paid the Annual Administrative Allowance in Article 42 of the collective agreement that expired on December 31, 2005.

  • Fixed Administrative Allowance (Semi- monthly Payroll) (VEC 17.225F) The State shall make semi-monthly requests for payroll funds such that they are deposited by ACH on the average day of clearance for the payroll in accordance with the statewide payroll check clearance pattern, modified by the percentage of payroll direct deposits for VEC.


More Definitions of Administrative Allowance

Administrative Allowance means an amount paid by the
Administrative Allowance means that portion of the Capitation allocated by the Department for the administrative cost of the Contract. Both care management and healthcare quality initiatives shall be considered part of the Administrative Allowance for rating purposes.‌
Administrative Allowance means a monthly allowance which shall be released to Access Group to cover servicing and collection fees with respect to Portfolio Loans (other than Charged-off Loans) and Access Group’s other expenses (other than Note Fees) incurred in connection with carrying out and administering its powers, duties and functions under the Indenture and any related agreements. The amount of the Administrative Allowance on each Monthly Allocation Date shall be equal to 0.08⅓% of the aggregate principal balance of the Portfolio Loans, other than Charged-Off Loans, as of the first day of the related Collection Period; provided, that for any Monthly Allocation Date on which interest on any of the ARC Notes accrues at the Net Loan Rate, the amount of the Administrative Allowance shall be reduced, if necessary (but in no event below 0.0375% of the aggregate principal balance of such Portfolio Loans), to an amount which will allow sufficient Available Funds to make the allocations described in clauses “first” through “tenth” under “Description of the IndentureAllocations of Available Funds.”
Administrative Allowance means an amount paid by the program to a certified processor to defray the certified processor’s costs of complying with the administrative requirements of the program, pursuant to Section 22;
Administrative Allowance means a quarterly allowance which shall be released to Access Group each quarter to cover servicing and collection fees with respect to Portfolio Loans (other than Charged-Off Loans) and Access Group’s other expenses (other than Trustee Fees) incurred in connection with carrying out and administering its powers, duties and functions under the Indenture and any related agreements. The amount of the Administrative Allowance on each Quarterly Payment Date shall be equal to 0.25% of the aggregate principal balance of the Portfolio Loans, other than Charged-Off Loans, as of the first day of the related Collection Period; provided, that on any Quarterly Payment Date on which an Administrative Allowance Trigger is in effect, the amount of the Administrative Allowance shall be reduced, if necessary (but in no event below 0.1125% of the aggregate principal balance of such Portfolio Loans), to an amount which will allow sufficient Available Funds to make the allocations
Administrative Allowance means an amount equal to 0.50% of claim payments Guarantee Agencies make to the Issuer on defaulted Student Loans (so long as a Servicer qualifies as an “exceptional performer” under the Higher Education Act), plus a monthly allowance equal to 1/12 of 0.50% of the ending Principal Balance of the Financed Student Loans, plus accrued interest thereon, during the preceding month, or such greater or lesser amount as may be provided by Issuer Order (provided that the Rating Agency Condition is met with respect to any increase in such amount).
Administrative Allowance with respect to a Group means a quarterly allowance equal to 0.25% of the aggregate principal balance of the Financed Student Loans of such Group as of the first day of the applicable Collection Period, which shall be released to Access Group to cover Servicing Fees and Access Group’s other expenses incurred in connection with carrying out and administering its powers, duties and functions under the Indenture and any related agreements.