Retention Fund definition

Retention Fund has the meaning set out in clause 26.1(a)(iii);

Retention Fund means the retention fund held by the Bank and operated by the Stakeholder in respect of cash from time to time, as contributed by the Warrantors in accordance with clause 10.5 subject to any lawful deductions made pursuant to this Agreement;

Retention Fund means the amount(s) deposited and remaining in the Retention Account from time to time in accordance with the terms of this Agreement.

Examples of Retention Fund in a sentence

• Funds allocated in any academic year for the Faculty Scholars and Sabbatical Incentives Program Fund, Merit Fund, the Recruitment and Retention Fund or the Faculty Development Fund shall be spent or the net balance forwarded to the Faculty Scholars and Sabbatical Incentives Program Fund for the subsequent academic year, including awards that are declined or rescinded after the award date.

• Membership contributions for second and subsequent years shall be calculated in accordance with the loss experience of the Village, and the needs of the Association including total losses and expenditures of the Self-Insured Retention Fund of the Association.

• Consistent with N.J.A.C. 11:15-2.13, the Fund shall establish a separate Trust Fund Account from which monies shall be disbursed solely for the payment of claims, allocated claim expenses and excess insurance or reinsurance premiums designated as the Claims or Loss Retention Fund Account.

• Such accounts shall be designated as Claims or Loss Retention Fund Accounts.

• The Commission shall establish a separate Trust Fund Account from which monies shall be disbursed solely for the payment of claims, allocated claim expenses and excess insurance or reinsurance premiums designated as the Claims or Loss Retention Fund Account.

More Definitions of Retention Fund

Retention Fund. Shall have the meaning ascribed to such term in Section 12.5.2 of this Contract..

Retention Fund the aggregate sum of £2 million (two million pounds), the subject of Schedule 9

Retention Fund means the sum retained in accordance with Clause 26.4;

Retention Fund means the sum of £1,000,000;

Retention Fund shall have the meaning ascribed to such term in Section 6.2 hereof.

Retention Fund. The amount of Withhold by ASES of the monthly PMPM Payments otherwise payable to the Contractor in order to incentivize the Contractor to meet performance targets under the Quality Incentive Program described in Section 12.5.3. This amount shall be equal to the percent of that portion of the total PMPM Payment that is determined to be attributable to the Contractor’s administration of the Quality Incentive Program described in Sections 12.5 and 22.4 of the ASES Contract. Amounts withheld will be reimbursed to the Contractor in whole or in part (as set forth in Sections 12.5 and 22.4 of the ASES Contract) in the event of a determination by ASES that the Contractor has complied with the quality standards and criteria established by Section 12.5 of the ASES Contract. Reverse Co-location: An integrated care model in which physical health services are available to Enrollees being treated in Behavioral Health settings. Runoff Period: The period of time as explained in Section 35.1.5 of the ASES Contract. Rural Health Clinic or Center (“RHC”): A clinic that is located in an area that has a Provider shortage. An RHC provides primary Care and related diagnostic services and may provide optometric, podiatry, chiropractic, and Behavioral Health Services. An RHC employs, contracts, or obtains volunteer services from Providers to provide services. Service Authorization Request: An Enrollee’s request for the provision of a service. Special Coverage: A component of Covered Services provided by the Contractor, described in Section 7.7 of the ASES Contract, which are more extensive than the Basic Coverage services, and for which Enrollees are eligible only by “registering.” Registration for Special Coverage is based on intensive medical needs occasioned by serious illness.

Retention Fund. The amount of Withhold by ASES of the monthly PMPM Payments otherwise payable to the Contractor in order to incentivize the Contractor to meet performance targets under the Health Care Improvement Program described in Section 12.5.3. This amount shall be equal to the percent of that portion of the total PMPM Payment that is determined to be attributable to the Contractor’s administration of the Health Care Improvement Program described in Sections 12.5 and