Surplus Amounts definition

Surplus Amounts means the amount of medical expenses the LDSS determines a “medically needy” individual must incur in any period in order to be eligible for medical assistance. Surplus amounts may be referred to as spenddown amounts or the amount of net available monthly income (NAMI) determined by the LDSS that a nursing home resident must pay monthly to the nursing home in accordance with the requirements of the medical assistance program.
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Surplus Amounts means the amounts by which actual payments made by PHS on behalf of IPA pursuant to Section 5.3 hereof are less than amounts budgeted therefore in accordance with Section 5.1 hereof (after giving effect to any applicable Corridors).
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Surplus Amounts has the meaning given to it in paragraph 1 of Schedule 4 (Mandatory Prepayment).
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Examples of Surplus Amounts in a sentence

  • The Refund Bank shall take the necessary steps to ensure closure of the Refund Account, once all Surplus Amounts or other amounts pursuant to Clause 3.2.1 or Clause 3.2.2, if any, are refunded to the Bidders to whom refunds are required to be made, in accordance with the terms of this Agreement.

  • Along with the Registrar, instruct the Escrow Collection Bank of the details of the monies to be transferred to the Public Offer Account and the Surplus Amounts to the Refund Account in accordance with the terms herein and Schedule III and Schedule IX hereto, the Red ▇▇▇▇▇▇▇ Prospectus and Applicable Law.

  • Upon receipt of instructions and accounts closure letter from the Company, BRLMs and the Registrar, the Public Offer Account Bank shall take the necessary steps to ensure closure of the Public Offer Account promptly and only after all monies in the Public Offer Account are transferred to the respective accounts of the Company and the Selling Shareholders, or the Surplus Amounts are transferred to the Refund Account, in accordance with the terms of this Agreement.

  • The Refund Bank shall take the necessary steps to ensure closure of the Refund Account, once all Surplus Amounts are refunded to the Bidders to whom refunds are required to be made, in accordance with the terms of this Agreement and upon receipt of account closure letter from the Company, the Lead Managers and the Registrar to the Offer.

  • The Refund Bank shall ensure the transfer of the Surplus Amounts to the account of the Beneficiaries, in accordance with the procedure specified in the Red ▇▇▇▇▇▇▇ Prospectus, Prospectus and this Agreement and immediately upon such transfer, the Refund Bank shall, in writing, intimate the Lead Managers, the Company and the Selling Shareholders of such transfer.

  • Upon receipt of account closure letter from the Company, the Book Running Lead Managers and the Registrar to the Offer (with a copy to the Selling Shareholders) the Refund Bank shall take the necessary steps to ensure closure of the Refund Account, once all Surplus Amounts or other amounts pursuant to Clause 3.2.1 or Clause 3.2.2, if any, are refunded to the Bidders to whom refunds are required to be made, in accordance with the terms of this Agreement.

  • The Refund Bank shall take the necessary steps to ensure closure of the Refund Account, once all Surplus Amounts or other amounts pursuant to Clause 3.2.1 or Clause 3.2.2, if any, are refunded to the Bidders to whom refunds are required to be made, in accordance with the terms of this Agreement and upon receipt of account closure letter from the Company, the Lead Managers and the Registrar to the Offer.

  • In the event that payments in respect of pharmaceutical related Covered Services rendered to IPA Members are less than amounts budgeted therefor in accordance with Section 5.1 hereof, fifty percent (50%) of the surplus shall be deemed to be Surplus Amounts hereunder.

  • Workplace Safety and Insurance Board Compensation Cases - Payment to Employees of Surplus Amounts collected by the Authority.

  • The Registrar shall also, on or prior to the Designated Date provide the SCSBs and the Sponsor Banks (with a copy to the BRLMs, the Company and each of the Selling Shareholders) with the written details of the Bid Amounts that have to be transferred to the Public Offer Account as well as Surplus Amounts that are required to be unblocked.