Processing month definition

Processing month means the month in which the Distributor processes the relevant data files
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Processing month means the month between the base month and the benefit month.
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Processing month means the month, immediately after the base month, and immediately before the benefit month, in which the human service zone determines eligibility for, and the amount of, any benefit to be paid during the benefit month.
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Examples of Processing month in a sentence

  • At the end of each Current Processing Month (the Plan Data Due Date), the Medicare Advantage and Prescription Drug (MARx) System also calculates the final beneficiary payments and adjustments, which ultimately result in payments to the Plans for the Current Payment Month (CPM).

  • The Current Processing Month ends on the MARx Plan Data Due Date, i.e., the cut-off date, at 8:00 p.m. Eastern Time.

  • All transactions successfully processed for payments by MARx during the Current Processing Month are included in the monthly payment cycle and its associated reports.

  • The timeframe from one Plan Data Due Date to the next Plan Data Due Date represents the Current Processing Month.

  • The Current Processing Month changes following the close of business on the Plan Data Due Date.

  • The Current Processing Month advances by one month following the close of business on the Plan Data Due Date.

  • When this occurs in early February, the Current Processing Month changes to the next payment month, which is April, as MARx is no longer processing transactions and calculating payments for the March 1 payment.

  • For example:January 10, 20xx is the Plan Data due date, therefore:• On January 9, 20xx, the Current Processing Month is February.• On January 10, 20xx, the Current Processing Month is February.• On January 11, 20xx, the Current Processing Month is March.• The Current Processing Month remains March until the day following the next Plan Data Due Date.

  • At the end of each Current Processing Month, i.e., the Plan Data Due Date, the Medicare Advantage and Prescription Drug (MARx) System also calculates the final beneficiary payments and adjustments, which ultimately result in payments to the Plans for the Current Payment Month (CPM).

  • Transfers may be made from your credit union consumer checking and savings account(s) within the following limits: Description Maximum Limit Amount Per Transaction $1,000.00 Amount Per Processing Day $1,000.00 Amount Per Processing Week $2,000.00 Amount Per Processing Month $4,000.00 Transfer limits are per BCU account owner and calculated in the aggregate based the actual balances in all of the account owner’s BCU consumer checking and savings accounts enrolled in the Service.

Related to Processing month

  • Billing Month is defined in Section 9.1(b).

  • Contract Month means a calendar month (or portion thereof) during the term of this Agreement. Contract Month 1 shall commence on the first day of the first calendar month following the Effective Date and end on the last day of that calendar month.

  • Month means calendar month.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Bill Due Date means thirty (30) calendar days from the bill date.

  • Scheduled Downtime has the meaning set forth in Section 5.2.

  • A month means a month according to Gregorian calendar.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Days Sales Outstanding means, as of any day, an amount equal to the product of (a) 91, multiplied by (b) the amount obtained by dividing (i) the aggregate Outstanding Balance of all Receivables as of the most recent Cut-Off Date, by (ii) the aggregate amount of Receivables created during the three (3) Calculation Periods including and immediately preceding such Cut-Off Date.

  • Calendar Month means one of the months as named in the calendar.

  • Invoice Date has the meaning set forth in Section 6.2.

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • Reference Month means the calendar month for which the level of the Inflation Index is reported as specified in the applicable Final Terms, regardless of when this information is published or announced, except that if the period for which the Relevant Level was reported is a period other than a month, the Reference Month shall be the period for which the Relevant Level is reported.

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.