Maximum Reimbursable Rate definition

Maximum Reimbursable Rate. (MRR) means the maximum rate paid for child care services through the Child Care Subsidy Program that is established by the Department and set out in the state Child Care and Development Fund plan filed with the United States Department of Health and Human Services.
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Examples of Maximum Reimbursable Rate in a sentence

  • Prepare pieces of plastic wrap to be about 2 inches longer and wider than the pieces of leather.

  • In-home care may be approved when the total child care cost does not exceed the local Maximum Reimbursable Rate and still allows payment of at least the minimum wage as required by the Fair Labor Standards Act for Domestic Service.

  • The total cost of care, excluding the single annual registration fee, but including special programs and transportation, must not exceed the Maximum Reimbursable Rate for the type of care.

  • Transportation services shall be paid using child care funds only when the transportation services are provided by the child care provider and the total cost of all services provided by the child care provider does not exceed the established Maximum Reimbursable Rate for the type of care.

  • Proceedings were published from these conferences and distributed nationally.

  • Parents who choose to place a child in a facility with a rate above the Maximum Reimbursable Rate are responsible for payment of any additional amount, unless the local department elects to pay the additional amount out of local only funds.

  • For out-of-state providers, the local department's Maximum Reimbursable Rate shall be used.

  • For out-of-state vendors, the local department's Maximum Reimbursable Rate shall be used.

  • The World Values Survey includes questions on generalized trust (e.g. “Generally speaking, would you say that most people can be trusted or that you can’t be too careful in dealing with people?”).number of people who belong to organizations indicates little about the strength of social capital.

  • For instance, if a provider cares for three children full time, she would be paid at least minimum wage for the number of hours per week for which care is needed if this amount does not exceed what the agency would have paid for these children in a family day home paying up to the Maximum Reimbursable Rate per individual child.

Related to Maximum Reimbursable Rate

  • Maximum Applicable Rate with respect to APS, has the meaning set forth in Section 11.10(a)(vii) of these Bylaws.

  • Applicable Rate means a percentage per annum equal to:

  • Maximum Revolving Advance Amount means $25,000,000.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Taxable Rate means, with respect to a Taxable Period, the product of (i) the average interest rate on the Bonds during such period and (ii) 1.54.

  • Applicable Fee Rate means, at any time, the percentage rate per annum at which Commitment Fees are accruing on the unused portion of the Aggregate Commitment at such time as set forth in the Pricing Schedule.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • Unused Line Fee has the meaning specified in Section 2.5.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Liquidation Fee Rate With respect to each Specially Serviced Mortgage Loan or REO Property as to which a Liquidation Fee is payable, 1.0%.

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Applicable Unused Commitment Fee Rate means 0.50% per annum.

  • Applicable Commitment Fee Rate means:

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Maximum Advance Rate means 80.0%.

  • Maximum Revolving Amount means $10,000,000.

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin II 10.0 V 17.5

  • Maximum Revolver Amount means $25,000,000.

  • Administrative Fee Rate The sum of the Servicing Fee Rate, the Trustee/Certificate Administrator Fee Rate and the CREFC® Licensing Fee Rate.

  • Maximum Lawful Rate has the meaning set forth in Section 2.7.

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Maximum Loan Rate With respect to each Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Loan Rate thereunder.

  • Applicable Fee Percentage means, as of any date of determination thereof, the applicable percentage used to calculate certain of the fees due and payable hereunder, determined by reference to the appropriate columns in the Pricing Matrix attached to this Agreement as Schedule 1.1.

  • Unused Fee Rate means a rate per annum equal to 0.50%.