Allowable variance definition
Allowable variance means permission is granted by the department to a licensee or applicant for licensure to meet the intent of a standard by some means other than as specified by the standard when the applicant or licensee has demonstrated that (i) the implementation of a standard would impose a substantial financial or programmatic hardship and (ii) the variance would not adversely affect the safety and well-being of persons in care.
Allowable variance shall have the meaning set forth in Section 3(b).
Allowable variance means the percentage (and for multiplication purposes, its decimal equivalent) authorized by the Client and entered into ▇▇▇▇▇▇ as a setting that represents the maximum percent by which an Invoiced Amount may exceed its corresponding Calculated Amount for purposes of the fee management processing described in this Section 3(a)(19).
More Definitions of Allowable variance
Allowable variance means (i) permission to meet the intent of a standard by some means other
Allowable variance shall have the meaning assigned thereto in Section 3(c) hereof. “Applicable Agency” means ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇, or Freddie Mac, as applicable. “Applicable Margin” shall have the meaning assigned thereto in the Pricing Side Letter. “Approvals” means with respect to Seller and Servicer the approvals obtained from the Applicable Agency or HUD in designation of Seller and/or Servicer as a ▇▇▇▇▇▇ ▇▇▇-approved issuer, an FHA-approved mortgagee, a VA-approved lender, a ▇▇▇▇▇▇ ▇▇▇-approved lender or a Freddie Mac-approved Seller/Servicer, as applicable, in good standing.
Allowable variance means (i) permission to meet the intent of a standard by some means other than as specified by the standard, or (ii) the suspension of enforcement of a particular standard or portion of the standard for a stated time period.
Allowable variance means temporary or permanent waiver of compliance with a standard or portion of a standard, or permission to meet the intent of the standard by a method other than that specified in the standard, when the regulatory authority, in its sole discretion, determines (i) enforcement will create an undue hardship and (ii) resident care will not be adversely affected.
Allowable variance means (i) permission to meet the intent of a standard by some
Allowable variance means the waiver of compliance with a standard or portion of a standard, or permission to meet the intent of the standard by a method other than that specified in the standard, when the regulatory authority, in its sole discretion, determines (i) enforcement will create an undue hardship; (ii) the standard is not specifically required by statue or by the regulations of another government agency; and (iii) care of children will not be adversely affected.