Examples of LOC in a sentence
If Medicaid or other funding is available for MI specialized services, ensure those persons with a positive PE are admitted into the appropriate Level of Care (LOC) and provided the MI specialized services agreed upon in the IDT meeting without undue delay and within the timeframe as specified in the Title 26 TAC Chapter 303, Subchapter C.
An LOC may be issued in the following circumstances: Corrective Action Plan (CAP).
An LOC is a tool to assist Grantee in meeting Grant Agreement performance, Project Work Plan, or other requirements by serving as a formal notification of an observed deviation.
If the Issuer notifies Seller and MP that it will not renew the LOC, MP may then, at Xxxxxx’s cost and with Seller’s funds, place the amounts so drawn in an interest bearing escrow account, until and unless Seller provides a substitute form of such security meeting the requirements of this Section.
The LOC shall be issued by a state or federally chartered commercial bank which issues similar letters of credit in the ordinary course of its business and that (i) has an unsecured bond rating equivalent to A- or better as determined by at least two (2) rating agencies, one of which must be either Standard & Poor’s or Xxxxx’x, or, if these are not available, CAMEL ratings from the FDIC or OCC used in the banking industry no less than a 3 and (ii) has a minimum of $100 million in capital (the “Issuer”).