PERIODIC CALCULATIONS Sample Clauses

PERIODIC CALCULATIONS. The Secure Horizons Point-Of-Service Plan Control Program shall be administered on an IPA-specific basis. For IPAs with multiple IPA Facilities, the program shall be calculated for each IPA Facility. However, Budget Savings and payment distributions shall be based on IPA's consolidated results. Cumulative calculations of the Secure Horizons Point-Of-Service Plan Control Program results will be based on calendar quarters and shall be calculated within one hundred and twenty (120) days of the end of each calendar quarter, except for the fourth quarter for which no calculation or payment will be made in anticipation of the year-end settlement. Interim distribution payments will be made within one hundred and twenty (120) days following the end of each quarter, except for the fourth quarter, and will be limited to [ ** ] of calculated Budget Savings to account for incurred but not received claims. Year-end calculations and payments of the Secure Horizons Point-of-Service Plan Control Program shall be made within one hundred eighty (180) days of the end of each calendar year.
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PERIODIC CALCULATIONS. Section 2.1 [*]
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PERIODIC CALCULATIONS. PAC shall be responsible for the calculation of Profit and Loss and the determination of the cash payment to or from the Licensors for each Calendar Quarter of the Term so that following such payment each Party has borne the Sharing Percentage of Profit or Loss.
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PERIODIC CALCULATIONS. Cumulative calculations of the Hospital Control Program results will be based on calendar quarters. Interim calculations and payments will be made within sixty (60) days of the end of each calendar quarter except for the fourth quarter for which no calculation or payment will be made in anticipation of the final year end settlement. Calculations will be made in accordance with the contractual terms above and the amount of PacifiCare's quarterly payments to IPA will be sixty percent (60%) of the amount due in order to adjust for incurred Hospital Service claims not yet received by PacifiCare. In the event that the interim calculation reflects a cumulative loss for the IPA, no interim payment will be due from IPA in the first quarter that a loss results. However, if a cumulative loss is reflected for two consecutive quarters, the IPA will make an interim payment of sixty percent (60%) of the cumulative amount due to PacifiCare. Such payment to PacifiCare shall be due within fifteen (15) days of the IPA's receipt of such notice from PacifiCare. A calendar year-end calculation of the Hospital Control Program shall be made by PacifiCare and payment to the appropriate party shall be made within one hundred twenty (120) days of the end of the calendar year.
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PERIODIC CALCULATIONS. The PacifiCare Point of Service Control Program shall be administered on an IPA specific basis. For IPAs with multiple IPA Facilities, the program shall be calculated for each IPA Facility, however savings and payment distributions shall be based on IPA's consolidated results. Cumulative calculations of the PacifiCare Point of Service Control Program results will be based on calendar quarters in conjunction with Conventional Plan Hospital Control Program calculations, which are within sixty (60) days of the end of each calendar quarter except for the forth quarter for which no calculation or payment will be made in anticipation of the year end settlement. Interim distribution payments will be limited to sixty percent (60%) of calculated savings to account for incurred but not received claims. Year end calculations and payments of the PacifiCare Point of Service Control Program shall be made within one hundred twenty (120) days of the end of each calendar year. EXHIBIT 4 ATTACHMENT C CAPITATION PAYMENT RATES The monthly Capitation Payment which PacifiCare shall pay IPA shall equal IPA's cumulative shares of the Percent of Premium. The Percent of Premium designated by PacifiCare for payment for Medical Services shall equal [ ** ] of the Net Premiums per Subscriber per month, minus the applicable ISL premium as identified in Attachment A3. IPA's portion of the Percent of Net Premium shall equal IPA's cumulative share per employer group based upon the number of men, women and children Subscribers of such employer group designating IPA as their Participating Medical Group for the month of Capitation Payment." An Experience-Rated Plan is a non-federally qualified plan in which the employers' premium is partially deferred and/or adjusted to reflect the actual medical costs incurred by the employers' Subscribers. For Experience-Rated Plans, the percent of premium for Capitation Payment purposes shall be calculated as a percent of the Actuarial Experience Rate, rather than of gross premiums billed. The Actuarial Experience Rate is calculated by the same method used to determine the premium for federally qualified plans, except that trended claims/utilization data may be considered to determine expected medical costs, and PacifiCare's administrative retention may be adjusted to reflect actuarial risk taken by the employer instead of PacifiCare. The Actuarial Experience will also be higher than billed premiums where employer premiums are partially deferred. IPA ackno...
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PERIODIC CALCULATIONS. Section 2.1 Periodic Calculation of [*] and [*]. As of the close of business on each [*] from [*] through and including [*] or [*], the Parties shall determine the [*] the [*] and the [*]. For each [*], the Parties agree there shall also be [*] a [*] which shall be equal to [*] the [*] of the respective date’s [*].
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Related to PERIODIC CALCULATIONS

  • Interest Calculations All calculations of interest will be made on a 360-day year consisting of twelve 30-day months. All dollar amounts calculated hereunder shall be rounded to the nearest penny with one-half of one penny being rounded down.

  • Financial Calculations All financial calculations to be made under, or for the purposes of, this Agreement and any other Transaction Document shall be made in accordance with the Accounting Standards and, except as otherwise required in this Agreement or to conform to any provision of this Agreement, shall be calculated from the then most recently issued quarterly financial statements which the Borrower is obligated to furnish to the Lenders under Section 5.03 (

  • Yield Calculation The Bank will compute the performance results of the Fund (the "Yield Calculation") in accordance with the provisions of Release No. 33-6753 and Release No. IC-16245 (February 2, 1988) (the "Releases") promulgated by the Securities and Exchange Commission, and any subsequent amendments to, published interpretations of or general conventions accepted by the staff of the Securities and Exchange Commission with respect to such releases or the subject matter thereof ("Subsequent Staff Positions"), subject to the terms set forth below:

  • Pro Forma Calculations (a) Notwithstanding anything to the contrary herein, financial ratios and tests, including the First Lien Net Leverage Ratio, the Secured Net Leverage Ratio and the Total Net Leverage Ratio, and compliance with covenants determined by reference to Consolidated EBITDA or Total Assets, shall be calculated in the manner prescribed by this Section 1.07; provided, that notwithstanding anything to the contrary in clauses (b), (c), (d) or (f) of this Section 1.07, (A) when calculating any such ratio or test for purposes of (i) the definition of “Applicable Rate”, and (ii) Section 6.12 (other than for the purpose of determining Pro Forma Compliance with Section 6.12), the events described in this Section 1.07 that occurred subsequent to the end of the applicable Test Period shall not be given Pro Forma Effect and cash and Permitted Investments included on the consolidated balance sheet of the Borrower and its Restricted Subsidiaries as of the date of the event for which the calculation of any such ratio is made shall be taken into account in lieu of cash or Permitted Investments as of the last day of the relevant Test Period and (B) when calculating any such ratio or test for purposes of the incurrence of any Indebtedness, cash and Permitted Investments resulting from the incurrence of any such Indebtedness shall be excluded from the pro forma calculation of any applicable ratio or test. In addition, whenever a financial ratio or test is to be calculated on a Pro Forma Basis, the reference to the “Test Period” for purposes of calculating such financial ratio or test shall be deemed to be a reference to, and shall be based on, the most recently ended Test Period for which internal financial statements of the Borrower are available (as determined in good faith by the Borrower) (it being understood that for purposes of determining Pro Forma Compliance with Section 6.12, if no Test Period with an applicable level cited in Section 6.12 has passed, the applicable level shall be the level for the first Test Period cited in Section 6.12 with an indicated level).

  • Interest Rates Payments and Calculations (a) Interest Rate. Except as set forth in Section 2.3(b), any ------------- Advances shall bear interest, on the average daily balance thereof, at a per annum rate equal to the Prime Rate plus one-half percent (0.50%). (b)

  • Rate Determinations The Administrative Agent shall determine each interest rate applicable to the Loans and the Reimbursement Obligations hereunder, and its determination thereof shall be conclusive and binding except in the case of manifest error.

  • Daily Management Fee Calculation For each calendar day, each class of each Fund shall accrue a fee calculated by multiplying the Per Annum Management Fee Rate for that class times the net assets of the class on that day, and further dividing that product by 365 (366 in leap years).

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Basis for calculation of periodic payments All interest and commitment fee and any other payments under any Finance Document which are of an annual or periodic nature shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.