Administrative Allowance definition

Administrative Allowance means a quarterly allowance which shall be released to Access Group each quarter to cover Servicing Fees and Access Group’s other expenses (other than Trustee Fees) incurred in connection with carrying out and administering its powers, duties and functions under the Indenture and any related agreements. The amount of the Administrative Allowance on each Quarterly Payment Date shall be equal to the sum of
Administrative Allowance means that portion of the Capitation allocated by the Department for the administrative cost, including both care management and healthcare quality initiatives, of the Contract.
Administrative Allowance means that portion of the Capitation allocated by the Department for the administrative cost of the Contract.

Examples of Administrative Allowance in a sentence

  • The goal will be set as percentages of the Administrative Allowance included in Capitation payments made to Contractor as set forth in Attachment IV, multiplied by the anticipated Enrollee months during the State Fiscal Year.

  • Administrative Allowance: an allowance of 5% of the awarded grant may be used for administrative support/oversight for the CRLPO.

  • Local Subsidized Child Care Services Support(4% Administrative Allowance) 15,898,602Division of Central Administration07.

  • Chief Administrative Allowance - $319.40/month or $3,832.80/annual or $1.313/hour.

  • The Administrative Allowance for States is provided for the extraordinary costs incurred for overtime pay, per diem, and travel expenses for State employees who participate in the administration of Public Assistance grants.


More Definitions of Administrative Allowance

Administrative Allowance means an amount paid by the
Administrative Allowance means that portion of the Capitation allocated by the Department for the administrative cost of the Contract. Both care management and healthcare quality initiatives shall be considered part of the Administrative Allowance for rating purposes.‌
Administrative Allowance means a monthly allowance which shall be released to Access Group to cover servicing and collection fees with respect to Portfolio Loans (other than Charged-off Loans) and Access Group’s other expenses (other than Note Fees) incurred in connection with carrying out and administering its powers, duties and functions under the Indenture and any related agreements. The amount of the Administrative Allowance on each Monthly Allocation Date shall be equal to 0.08⅓% of the aggregate principal balance of the Portfolio Loans, other than Charged-Off Loans, as of the first day of the related Collection Period; provided, that for any Monthly Allocation Date on which interest on any of the ARC Notes accrues at the Net Loan Rate, the amount of the Administrative Allowance shall be reduced, if necessary (but in no event below 0.0375% of the aggregate principal balance of such Portfolio Loans), to an amount which will allow sufficient Available Funds to make the allocations described in clauses “first” through “tenth” under “Description of the IndentureAllocations of Available Funds.”
Administrative Allowance means an amount paid by the program to a certified processor to defray the certified processor’s costs of complying with the administrative requirements of the program, pursuant to Section 22;
Administrative Allowance means an amount equal to 0.50% of claim payments Guarantee Agencies make to the Issuer on defaulted Student Loans (so long as a Servicer qualifies as an “exceptional performer” under the Higher Education Act), plus a monthly allowance equal to 1/12 of 0.50% of the ending Principal Balance of the Financed Student Loans, plus accrued interest thereon, during the preceding month, or such greater or lesser amount as may be provided by Issuer Order (provided that the Rating Agency Condition is met with respect to any increase in such amount).
Administrative Allowance means a quarterly allowance which shall be released to Access Group each quarter to cover servicing and collection fees with respect to Portfolio Loans (other than Charged-Off Loans) and Access Group’s other expenses (other than Trustee Fees) incurred in connection with carrying out and administering its powers, duties and functions under the Indenture and any related agreements. The amount of the Administrative Allowance on each Quarterly Payment Date shall be equal to 0.25% of the aggregate principal balance of the Portfolio Loans, other than Charged-Off Loans, as of the first day of the related Collection Period; provided, that on any Quarterly Payment Date on which an Administrative Allowance Trigger is in effect, the amount of the Administrative Allowance shall be reduced, if necessary (but in no event below 0.1125% of the aggregate principal balance of such Portfolio Loans), to an amount which will allow sufficient Available Funds to make the allocations
Administrative Allowance with respect to a Group means a quarterly allowance equal to 0.25% of the aggregate principal balance of the Financed Student Loans of such Group as of the first day of the applicable Collection Period, which shall be released to Access Group to cover Servicing Fees and Access Group’s other expenses incurred in connection with carrying out and administering its powers, duties and functions under the Indenture and any related agreements.