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.
Sample 1Sample 2Sample 3
Surplus Amounts means amounts by which actual payments made by PHS on behalf of IPA pursuant to Section 5.3 are less than amounts budgeted therefor in accordance with Section 5.1 (after giving effect to any applicable Corridors).
Sample 1
Surplus Amounts has the meaning given to it in paragraph 1 of Schedule 4 (Mandatory Prepayment).
Sample 1

Examples of Surplus Amounts in a sentence

  • The Refund Bank shall take the necessary steps to ensure closure of the Refund Account, once all Surplus Amounts are refunded to the Bidders to whom refunds are required to be made, in accordance with the terms of this Agreement and upon receipt of account closure letter from the Company, the Lead Managers and the Registrar to the Offer.

  • The Authority may at any time, or from time to time, issue evidences of indebtedness for any lawful purpose that are payable from and secured by a pledge of and lien on any moneys transferred to other funds of the Authority (as provided in Section 7.05(B) (Allocation of Net System Revenues – Surplus Amounts)), provided that such pledge and lien is subordinate in all respects to the pledge of and lien on the Net System Revenues provided herein.

  • The Board was pleased with the newsletters and thanked Larisa Tate for her efforts.

  • The Refund Bank shall take the necessary steps to ensure closure of the Refund Account, once all Surplus Amounts or other amounts pursuant to Clause 3.2.1 or Clause 3.2.2, if any, are refunded to the Bidders to whom refunds are required to be made, in accordance with the terms of this Agreement.

  • As far as investment funds, collective investment undertakings and alternative investment funds that are not traded on a regulated market are concerned, the valuation shall be based on the latest value calculated for the Valuation Date or the day preceding the Valuation Date which has been announced or of which reliable information has been received prior to the publishing of the value of the Fund.

  • Any Surplus Amounts remaining after any such liquidation shall be paid by the Disposal Agent on behalf of the Issuer to the Swap Counterparty under the Asset Swap.

  • Upon receipt of instructions from the Company, Managers and/or the Registrar, the Refund Bank shall take the necessary steps to ensure closure of the Refund Account, once all Surplus Amounts or other amounts pursuant to Clause 3.2.1 or Clause 3.2.2, if any, are refunded to the Bidders to whom refunds are required to be made, in accordance with the terms of this Agreement.

  • SUBMISSIONS OF RESPONDENT IN SUPPORT OF CONTENTION (E): Corporate Guarantee was framed in such a manner so as to restrict the recourse of the lenders under the Corporate Guarantee only to the Non- Regulated Assets and Surplus Amounts from the Regulated Assets of IPCL.

  • Worker Safety and Insurance Board Compensation Cases - Payment to Employees of Surplus Amounts collected by the Authority.

  • Upon receipt of instructions and accounts closure letter from the Company, Managers and/or the Registrar, the Public Offer Account Bank shall take the steps necessary to ensure closure of the Public Offer Account promptly and after all monies in the Public Offer Account are transferred to the accounts of the Company and the Selling Shareholders or the Surplus Amounts are transferred to the Refund Account, in accordance with the terms of this Agreement.

Related to Surplus Amounts

  • 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.