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

  • 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.

  • As promptly as practical following the Closing Date, Xxxxxx Xxxxx & Company (the "Designated Actuary") shall calculate the Pension Deficiency (as defined below) (and will calculate Pension Deficiency Amounts, Pension Surplus Amounts, Pension Assets and Pension Liabilities with respect to each Funded Pension Plan (as those terms are defined below)).

  • In the event that payments in respect of hospital out-patient Covered Services rendered to IPA Members are less than amounts budgeted therefor in accordance with Section 5.1 hereof, one hundred percent (100%) of the surplus shall be deemed to be Surplus Amounts hereunder.

  • In the event that payments in respect of Covered Services (except as provided in clauses (i), (ii) and (iv), rendered to IPA Members are less than amounts budgeted therefor in accordance with Section 5.1 hereof, one hundred percent (100%) of the surplus shall be deemed Surplus Amounts hereunder.

  • In the event that payments in respect of hospital out-patient 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.

  • As promptly as practical following the Closing Date, Watson Wyatt & Company (the "Designated Actuary") shall calculxxx xxx Xxxxion Deficiency (as defined below) (and will calculate Pension Deficiency Amounts, Pension Surplus Amounts, Pension Assets and Pension Liabilities with respect to each Funded Pension Plan (as those terms are defined below)).

  • In the event that payments in respect of Covered Services (except as provided in clauses (i), (ii) and (iv) rendered to IPA Members are less than amounts budgeted therefor in accordance with Section 5.1 hereof, one hundred percent (100%) of the surplus shall be deemed Surplus Amounts hereunder.

Related to Surplus Amounts

  • Surplus Cash means, with respect to any period, any revenues of Borrower remaining after paying, or setting aside funds for paying, all the following:

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 2.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Excess Cash Flow Payment Date means the date occurring 120 days after the last day of a fiscal year of the Borrower (commencing with the fiscal year ending on December 31, 1998).

  • Distributable surplus means the Gains that has been realised on a marked to market basis and is carried forward to the balance sheet at market value, arising out of appreciation on investments which is readily available for distribution to the unit holders as Income.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Available Funds With respect to any Distribution Date and the Mortgage Loans to the extent received by the Master Servicer (x) the sum of (i) all scheduled installments of interest (net of the related Expense Fees) and principal due on the Due Date on such Mortgage Loans in the related Due Period and received by the Servicer on or prior to the related Determination Date, together with any P&I Advances in respect thereof; (ii) all Condemnation Proceeds, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries received by the Servicer during the related Prepayment Period (in each case, net of unreimbursed expenses incurred in connection with a liquidation or foreclosure and unreimbursed Advances, if any); (iii) all partial or full prepayments on the Mortgage Loans received by the Servicer during the related Prepayment Period together with all Compensating Interest paid by the Servicer in connection therewith (excluding any Prepayment Charges); (iv) all Substitution Adjustment Amounts with respect to the substitutions of Mortgage Loans that occur on or prior to the related Determination Date; (v) all amounts received with respect to such Distribution Date as the Repurchase Price in respect of a Mortgage Loan repurchased by the Mortgage Loan Seller or the Sponsor on or prior to the related Determination Date; and (vi) the proceeds with respect to the termination of the Trust Fund pursuant to clause (a) of Section 11.01; reduced by (y) amounts in reimbursement for Advances previously made with respect to the Mortgage Loans and other amounts as to which the Servicer, the Depositor, the Master Servicer, the Securities Administrator or the Trustee are entitled to be paid or reimbursed pursuant to this Agreement.

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Surplus Trees means all trees designated for cutting.

  • Eligible Funds On any Distribution Date, the portion, if any, of the Available Distribution Amount remaining after reduction by the sum of (i) the aggregate amount of Accrued Certificate Interest on the Senior Certificates, (ii) the Senior Principal Distribution Amount (determined without regard to Section 4.02(a)(ii)(Y)(D) of this Series Supplement), (iii) the Class A-P Principal Distribution Amount (determined without regard to Section 4.02(b)(i)(E) of this Series Supplement) and (iv) the aggregate amount of Accrued Certificate Interest on the Class M, Class B-1 and Class B-2 Certificates.

  • Specified Reserve Balance means, with respect to any Distribution Date, an amount equal to 2.0% of the initial Pool Balance; provided, that the Specified Reserve Balance will in no event exceed the outstanding principal amount of the Notes on such Distribution Date after giving effect to distributions pursuant to clauses (i) through (xviii) of Section 5.7(a).