Average daily rate definition
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 shall be a daily rate equal to the weighted average of the following amounts:
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
Step #2: Average daily rate multiplied by the number of days absent equals total deduction to be made.
Step #2: Average daily rate multiplied by the number of days absent equals the total deduction to be made.
Table 2: Average Yukon licensed child care fees - monthly and daily Age group 2020-21 monthly Average daily rate 2021-22 monthly Average daily rate Average daily rate with universal child care Infant $801.99 $38.19 $812.37 $38.68 $5.35 Toddler $789.08 $37.58 $789.08 $37.58 $4.24 Preschool $778.70 $37.08 $778.70 $37.08 $3.75 Total average.
Step 2 Average daily rate multiplied by the number of fractions of days absent equals total deductions to be made.
Pieces of equipment (4) Average daily rate for each piece of equipment, including cost of operator, from current local engineering cost guide.
More Definitions of Average daily rate
Average daily rate. Total Room Revenues divided by occupied rooms at the Hotel.
Average daily rate. Total Room Revenue divided by occupied rooms at the Facility.
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 ▇▇▇. '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 means the average realized room rental per day.