Level II Day definition

Level II Day means a day which is not a Level I Day and on which there is in effect a ▇▇▇▇▇'▇ Rating of Baa3 or better and an S&P Rating of BBB- or better.
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Level II Day means any day for which the Leverage Ratio for the Measurement Period is 2.0 to 1 or higher but less than 2.5 to 1.
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Level II Day means each day in the period from and including the Preliminary Acceptance Date and to but not including the first Level III Day.
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Examples of Level II Day in a sentence

  • Level II Day Treatment $85.00 per individual for each visit day provided within the approved treatment period for SACPA and SACPA OTP funded alcohol and drug day treatment and recovery services.

  • Level II Day Treatment $85.00 per individual for each visit day provided within the approved treatment period for Second Chance Act Re-Entry funded alcohol and drug day treatment and recovery services.

  • The Applicable Margin with respect to the Euro-Rate Option shall be 0.200% for each Level I Day, 0.250% for each Level II Day, 0.300% for each Level III Day, 0.375% for each Level IV Day and 0.600% for each Level V Day.

  • The "Applicable Margin" with respect to the CD Rate Option shall be 0.345% for each Level I Day, 0.400% for each Level II Day, 0.450% for each Level III Day, 0.525% for each Level IV Day and 0.750% for each Level V Day.

  • The Applicable Margin with respect to the Euro-Rate Option shall be 0.220% for each Level I Day, 0.275% for each Level II Day, 0.325% for each Level III Day, 0.400% for each Level IV Day and 0.625% for each Level V Day.

  • The "Applicable Margin" with respect to the CD Rate Option shall be 0.325% for each Level I Day, 0.375% for each Level II Day, 0.425% for each Level III Day, 0.500% for each Level IV Day and 0.725% for each Level V Day.

  • The unpaid amount of all Short Term Advances shall bear interest for each day until due at a rate per annum equal to the Short Term Lenders' Cost of Funds plus 0.200% for each Level I Day, 0.250% for each Level II Day, 0.300% for each Level III Day, 0.375% for each Level IV Day and 0.600% for each Level V Day.

Related to Level II Day

  • Level IV and “Level V”: the respective Level set forth below: Level I A- or higher A3 or higher Level II BBB+ Baa1 Level III BBB Baa2 Level IV BBB- Baa3 Level V BB+ or lower Ba1 or lower provided that if on any day the Applicable ▇▇▇▇▇’▇ Rating and the Applicable S&P Rating do not coincide for any rating category and the Level differential is (x) one level, then the higher of the Applicable S&P Rating or the Applicable ▇▇▇▇▇’▇ Rating will be the applicable Level; (y) two levels, the Level at the midpoint will be the applicable Level; and (z) more than two levels, the highest of the intermediate Levels will be the applicable Level; provided further that if on any day, neither the Applicable ▇▇▇▇▇’▇ Rating nor the Applicable S&P Rating is available, the applicable Level shall be Level V.

  • Level II means a component of the federal PASRR requirement. Level II refers to the evaluation and determination of whether nursing facility services and specialized services are needed for individuals with mental illness or developmental disability who are potential nursing facility admissions, regardless of the source of payment for the nursing facility service (42 CFR 483.128(a)). Level II evaluations include assessment of the individual’s physical, mental, and functional status (42 CFR 483.132).

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Level III means a level of detail in the CPM Schedule which is an implementation (control) schedule used to direct the Work by providing schedule parameters to the more detailed implementation level, identify and resolve schedule problems, status progress in terms of Milestones, measure the impact of scope changes and delays, develop recovery plans, and support schedule-related contractual action. The work breakdown structure in the Level III CPM Schedule is at an area level, and shall involve over two thousand (2,000) activities. The Level III CPM Schedule is developed with the assistance of and accepted by Contractor’s Key Personnel. All Major Equipment (including bulk material requirements) are scheduled at area level and detailed construction activities at each commodity level follow the same area concept. The Subcontract schedules are similarly developed for each area, as applicable.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.