Member Ratio definition
Examples of Member Ratio in a sentence
Provider to Member Ratio Appointment Wait Time(s) Drive Time ▇▇▇▇▇ ▇▇▇▇ Kenosha Milwaukee Racine Ozaukee Washington Waukesha The HMO must have an urgent care center within 20 miles of any member residing in these counties.
The Members acknowledge and agree that for the purposes of Section 14D.3, the Exercising Party shall on receipt of the payment referred to in that Section take all steps and execute any amendment to this Agreement, as shall be necessary to reinstate / maintain the Member Ratio at 50:50.
Members shall have voting rights in the Company based upon their Member Ratio; provided, however, that, subject to Article XIII and Section 5.3 hereof, the approval of any matter submitted to a vote of the Members, including a vote on the dissolution of the Company as contemplated by Article X, shall require the affirmative vote of Members owning greater than 80% of the Member Ratio.
Each Member shall have the Member Ratio set forth on Schedule A hereto, as adjusted from time to time pursuant to the terms of this Agreement.
The Tax Matters Member, which shall be considered the tax matters partner for purposes of Section 6231 of the Code, shall be designated from time to time by the Members owning greater than 80% of the Member Ratio.
In furtherance of the foregoing, promptly following receipt of notice of a matter on which it is entitled to vote, the Company shall deliver to each Member an irrevocable proxy, which shall be deemed to be coupled with an interest, to vote, on all matters submitted to a vote of the holders of Notes, an aggregate principal amount of Notes equal to the aggregate principal amount of Notes held by the Company on the record date for such vote multiplied by such Member’s Member Ratio on such date.
To the extent that Notes deemed to be owned by any Member are Transferred by the Company in accordance with this Agreement, the net proceeds of such Transfer shall be distributed to the Member on whose behalf such Notes are Transferred and each Member’s Member Ratio shall be adjusted based upon the aggregate principal amount of Notes deemed to be owned by each Member after giving effect to such Transfer.
The HMO must include a sufficient supply of non-specialized hospitals in its network so that the following requirements are met: Population Provider Specialty Codes/Descriptions Counties Served Distance Provider to Member Ratio Appointment Wait Time(s) Drive Time ▇▇▇▇▇ ▇▇▇▇ Kenosha Milwaukee Racine Ozaukee Washington Waukesha The HMO must have a hospital within 20 miles of any member residing in these counties.
On any matter on which the Company is entitled to vote, the Company shall vote the aggregate principal amount of Notes held by it as directed by each Member in proportion to (i) such Member’s Member Ratio multiplied by (ii) the aggregate principal amount of Notes held by the Company.
The Tax Matters Member may make any election which is available to the Company with the consent of the Members owning greater than 80% of the Member Ratio, and shall monitor any governmental tax authority in any audit that such authority may conduct of the Company’s books and records or other documents and promptly provide the other Members notices of each material development and event in respect of each such audit.