LTC definition

LTC shall have the meaning set forth in the introductory paragraph hereof.

Examples of LTC in a sentence

  • STATE SURVEY AGENCY REMARKS (IF APPLICABLE SHOW LTC CANCELLATION DATE): 17.

  • If you are in an LTC facility, we must ensure that you are able to routinely receive your Part D benefits through our network of LTC pharmacies, which is typically the pharmacy that the LTC facility uses.

  • STATE SURVEY AGENCY REMARKS (IF APPLICABLE SHOW LTC CANCELLATION DATE): See Attached Remarks 17.

  • It is understood and agreed that the provision of the above noted letter in no way obligates the employer to amend, alter or augment existing insurance coverage or to obtain or maintain insurance coverage beyond what is required by applicable LTC legislation or regulation.

  • It is understood and agreed that the provision of the above noted letter in no way obligates the Employer to amend, alter or augment existing insurance coverage or to obtain or maintain insurance coverage beyond what is required by applicable LTC legislation or regulation.


More Definitions of LTC

LTC shall have the meaning set forth in the recitals hereof.
LTC means a Long-Term Acute Care Hospital with an average length of stay of greater than 25 days. LTC facilities are identified by the last four digits of the Medicare provider number, which range between “2000” and “2299”. Rehabilitation hospitals, Veterans Administration hospitals and psychiatric hospitals are not considered to be a LTC. LTCs can be a satellite and/or hospital- within-a-hospital or co-located within another facility.
LTC means, as of any date of determination and with respect to any Mortgage Loan, the ratio of the Principal Balance of such Mortgage Loan to the sum of (i) the Mortgaged Property Valuation of the related Mortgaged Property and (ii) any Capital Expenditures made with respect to such Mortgage Loan since the date of the most recent Current Appraisal.
LTC means, with respect to any Mortgage Asset that is a Construction Loan, as of any date of determination, the ratio of the outstanding principal amount of such Mortgage Asset to the Construction Costs for such Mortgage Asset, as determined by the Administrative Agent in its discretion, as such LTC may be adjusted by the Administrative Agent as the Administrative Agent determines in its discretion; provided, however, that all such calculations shall be made taking into account any senior or pari passu debt or other obligations including debt or other secured directly or indirectly by the applicable Underlying Mortgaged Property.
LTC means long term care.