Asset limit definition

Asset limit means that limit against which nonexempt assets under ch. DHS 103 are compared to determine financial eli- gibility for MA.
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Asset limit means one hundred seventy-five percent (175%) of Median. "Board" shall mean the board of directors of the HDFC.
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Asset limit means (i) no limit with respect to any purchaser of the Shares allocated to such Scheduled Apartment, and (ii) one hundred seventy-five percent (175%) of Median with respect to any Tenant or Subtenant of such Scheduled Apartment.
Sample 1

Examples of Asset limit in a sentence

  • Asset limit applies to all households, including those headed by guardians and Caregivers.

  • Asset limit is waived for all Families meeting the EEC definition for a Homeless Family.

  • See this DHS link for details: http://www.michigan.gov/dhs/0,1607,7-124-5453_5526---,00.html For present purposes only, these criteria are: • Residency in substance use disorders residential treatment.• Michigan residency and not receiving cash assistance from another state.• U.S. citizenship or have an acceptable alien status.• Asset limit of $3,000 (cash assets only are counted).

  • Asset limit applies to all households, including those headed by Caregivers.

  • Assets include all readily realizable assets such as cash, bank deposits, properties (exclude principal residence), cash value of insurance policy, investment in equities and bonds regardless in Hong Kong or in overseas.2. Asset limit for a family steps up by HK$350k for each additional member and reaches its cap at HK$1,750k.

  • Presumed Eligibility RequirementsOnce it is determined that an AG qualifies for Categorical Eligibility, the following eligibility requirements are presumed to be met.- Asset limit.

  • Assets include all readily realizable assets such as cash, bank deposits, properties (exclude principal residence), cash value of insurance policy, investment in equities and bonds regardless in Hong Kong or in overseas.2. Asset limit for a family steps up by HK$250k for each additional member and reaches its cap at HK$1,250k.

  • Experience Adjustment Plan Assets at the end of year----Defined benefit obligations at the end of year--0.550.53Amount not recognised as an Asset (limit in para 59(b))----Surplus / (Deficit)--(0.55)(0.53)Experience adjustment on Plan Assets gain/(loss)0.15(0.09)--Experience adjustment on Plan Liabilities (gain)/loss0.020.85(0.04)0.22IX.

  • Asset limit for a family steps up by HK$350k for each additional member and reaches its cap at HK$1,750k.

  • It is a 3-bedroom with a two-car garage, Category 2 Attainable.Income limit for household of three: $92,644 Net Asset limit: $282,000Sunset clause: 20 yearsThe home is currently under contract for $520,000.


More Definitions of Asset limit

Asset limit means one hundred seventy-five percent (175%) of Median, except as otherwise provided in Section 24.
Sample 1

Related to Asset limit

  • Total Funded Indebtedness means, at any date, the aggregate principal amount of all Funded Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Asset Balance means, for any Payment Date, the Pool Balance as of the beginning of the current Collection Period.

  • Consolidated First Lien Net Debt means Consolidated Total Net Debt minus the sum of (i) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is not secured by any Lien on the Collateral and (ii) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is secured by Liens on the Collateral, which Liens are expressly subordinated or junior to the Liens securing the Obligations.

  • Acquisition Value of the Common Stock means, for each Trading Day in the Valuation Period, the value of the consideration paid per share of Common Stock in connection with such Public Acquirer Change of Control, as follows:

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Consolidated Funded Indebtedness means, as of any date of determination with respect to the MLP and its Subsidiaries on a consolidated basis, without duplication, the sum of: (a) all obligations for borrowed money (including the Obligations) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount available to be drawn under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (d) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by the MLP or a Subsidiary (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by the MLP or such Subsidiary or is limited in recourse; (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) all Guarantees with respect to Indebtedness of the types specified in clauses (a) through (f) above of another Person; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which any Loan Party or any Subsidiary is a general partner or joint venturer, except to the extent that Indebtedness is expressly made non-recourse to such Person.

  • Acquisition Cost means the cost to acquire a tangible capital asset including the purchase price of the asset and costs necessary to prepare the asset for use. Costs necessary to prepare the asset for use include the cost of placing the asset in location and bringing the asset to a condition necessary for normal or expected use.