Average daily rate means the hospital’s final payment rate multiplied by the DRG weight and divided by the statewide average length of stay for a DRG.
Average daily rate for any Real Property on any date of determination, total rooms revenue for the twelve full calendar months most recently ended prior to such date, as determined in accordance with the Uniform System of Accounts, divided by the total number of rooms occupied during such period.
Examples of Average daily rate in a sentence
The Design Builder will be compensated for its general conditions per the Average Daily Rate set forth in the Business Terms Sheet, and for actual general requirements costs incurred for the additional 10 work days.
General conditions will be billed per the Average Daily Rate set for in the Business Terms Sheet and general requirements will be bill for actual costs incurred.
Design Builder has provided an Average Daily Rate that is inclusive of Design Builder’s general condition costs, which will be used for extensions in Contract Time as may be permitted under Articles 10 and subject to the terms and conditions in Article 11.
General conditions will be charged at the Average Daily Rate set forth in the Business Terms Sheet, and general requirements will be paid based on actual costs incurred by Design Builder.
Design Builder’s Average Daily Rate is set forth in Business Terms Sheet.
More Definitions of Average daily rate
Average daily rate. Array Colleges” and “Median Daily Rate—Array Colleges” shall be calculated from the Daily Rate calculation for each college as described above. The Average Daily Rate and Median Daily Rate do not include SCC in the calculation.
Average daily rate. Total daily Room Revenues divided by occupied rooms ------------------ at the Facility. Award: All compensation, sums or anything of value awarded, paid or ----- received on a total or partial Condemnation.
Average daily rate shall be a daily rate equal to the weighted average of the following amounts:
(1) A weighted average of the time charter hire per day received by the Charterers for any periods during the Calculation Period (as defined below) that the vessel is subchartered by the Charterers under a time charter after deduction of (i) ship broker commissions payable by the Charterers in an amount not to exceed 2.5 percent of the time charter hire received by the Charterers during the Calculation Period and (ii) commercial management fees payable by the Charterers in an amount not to exceed 1.25 percent of the time charter hire received by the Charterers during the Calculation Period; and
(2) The Time Charter Equivalent Hire (as described below) for any period during the Calculation Period that the vessel is not subchartererd by the Charterer under a time charter. For purposes of calculating the Average Daily Rate, the amounts set forth in (1) and (2) above shall be weighted based on the number of days the vessel was subchartererd by the Charterers under a time charter during the Calculation Period and the number of days the vessel was not subchartererd by the Charterers under a time charter during the Calculation Period. If at any time the Weighted Average Hire calculated for any calendar quarter (or portion thereof), is equal to or less than the Basic Hire in effect for the quarter, the Additional Hire will be zero. As used herein, the “Calculation Period” shall be the twelve month period ending on the last day of each calendar quarter.
Average daily rate means One Hundred Dollars ($100.00) with respect to the first Operating Year, and, thereafter, shall mean the average rate per night for rooms in the Hotel charged to guests during the preceding Operating Year, provided, however, rooms let or made available to guests, customers or clients on a “complimentary” basis, without charge or for a reduced charge, regardless of the cause therefor, shall not be included in the calculation of the Average Daily Rate. Notwithstanding the above, and for the avoidance of doubt, the parties agree that Licensing Fee Revenues shall not include: (i) any revenues, receipts and income of any kind received by Licensee from “gaming”, as defined by Miss. Code Axx. ‘75-76-5(1) (as hereafter amended), at the Hotel/Casino; or (ii) revenues generated by Licensor at the Hard Rock Cafe and the Hard Rock Retail Store located at the Project.
Average daily rate for any Real Property on any date of determination, total rooms revenue for the twelve full calendar months most recently ended prior to such date, as determined in accordance with the Uniform System of Accounts, divided by the total number of rooms occupied during such period. “Award”: any compensation paid by any Governmental Authority in connection with a Condemnation in respect of all or any part of any Hotel Property. “Bail-In Action”: the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution. “Bail-In Legislation”: (a) with respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the united Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). “Bankruptcy Code”: Title 11 of the United States Code, 11 U.S.C. § 101, et seq., as the same may be amended from time to time, and any successor statute or statutes and all rules and regulations from time to time promulgated thereunder, and any comparable foreign laws relating to bankruptcy, insolvency or creditors’ rights or any other Federal or state bankruptcy or insolvency law.