Target MLR definition

Target MLR means a defined ratio of cost and revenue determined by specific values in the Rate Development Report for the relevant year.
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Examples of Target MLR in a sentence

  • The minimum/maximum MLR for each PMAP rate cell and region is one and one-half (1.5) percentage point lower/higher than the Target MLR.

  • The minimum/maximum MLR for each MinnesotaCare rate cell is one and one-half (1.5) percentage point lower/higher than the Target MLR.

  • The minimum/maximum MLR for each PMAP rate cell is one and one-half (1.5) percentage point lower/higher than the Target MLR.

  • The Target MLR is defined as (1 - “Total Non-Service Cost” ÷ “CY 2021 Rate, Gross of Withhold”) in Exhibit 5A-2 of the 2021 Rate Development Report.

  • The Target MLR is defined as (1 - “Total Non-Service Cost” ÷ “CY 2020 Rate, Gross of Withhold”) in Exhibit 5B-1 of the 2020 Rate Development Report.

  • The Target MLR is defined as (1 - “Total Non-Service Cost” ÷ “CY 2020 Rate, Gross of Withhold”) in Exhibit 5A-1 of the 2020 Rate Development Report.

  • The Target MLR is defined as (1 - “Total Non-Service Cost” ÷ “CY 2021 Rate, Gross of Withhold”) in Exhibit 5A-1 of the 2021 Rate Development Report.

  • If the CONTRACTOR has an MLR less than or equal to two and a half percentage points (2.5%) less than the Target MLR and greater than four and a half percentage points (4.5%) less than the Target MLR, then the CONTRACTOR shall submit a remittance to the State for fifty percent (50%) of the difference between the dollar amount corresponding to the actual MLR and the dollar amount corresponding to an MLR two and a half percentage points (2.5%) less than the Target MLR.

  • If the CONTRACTOR has an MLR greater than or equal to two and a half percentage points (2.5%) greater than the Target MLR and less than four and a half percentage points (4.5%) greater than the Target MLR, then the State shall submit a remittance to the CONTRACTOR for fifty percent (50%) of the difference between the dollar amount corresponding to the actual MLR and the dollar amount corresponding to an MLR two and a half percentage points (2.5%) greater than the Target MLR.

  • The Target MLR is defined as (1 - “Total Non-Service Cost” ÷ “CY 2021 Rate, Gross of Withhold”) in Exhibit 5B-1 of the 2021 Rate Development Report.

Related to Target MLR

  • TARGET 2 means the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007.

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • Target Assets means the types of assets described under “Business— Overview” in the prospectus included in the Registration Statement, subject to, and including any changes to the Company’s Investment Guidelines that may be approved by the Manager and the Company from time to time.

  • target unit means a facility or group of facilities to which an underlying agreement applies; “tCO2 equivalent” means tonnes of carbon dioxide equivalent;

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 65.70% minus the Additional Required Enhancement Percentage and (ii) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Target Share means any share of the Common Stock of the Target.

  • Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Target Group means the Target and its Subsidiaries.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Relative Total Shareholder Return or “Relative TSR” means the Company’s TSR compared to the Peer Companies TSR on a relative basis. The Company and the Peer Companies from highest to lowest according to their respective TSRs will determine Relative TSR. After this ranking, the percentile performance of the Company relative to the Peer Companies will be determined using the Percentrank formula in Microsoft Excel.

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 95.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume. “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted.

  • M5 Target Amount With respect to any Distribution Date an amount equal to the lesser of (a) the product of (i) 93.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (1) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (2) the Overcollateralization Floor.

  • Target Population means persons with low incomes who have one or more disabilities, including mental illness, HIV or AIDS, substance abuse, or other chronic health condition, or individuals eligible for services provided pursuant to the Lanterman Developmental Disabilities Services Act (Division 4.5 (commencing with Section 4500) of the Welfare and Institutions Code) and may include, among other populations, adults, emancipated minors, families with children, elderly persons, young adults aging out of the foster care system, individuals exiting from institutional settings, veterans, and homeless people.

  • Acquisition Target means any Person becoming a Subsidiary of the Company after the date hereof; any Person that is merged into or consolidated with the Company or any Subsidiary of the Company after the date hereof; or any Person with respect to which all or a substantial part of that Person’s assets are acquired by the Company or any Subsidiary of the Company after the date hereof.

  • Target Amount is defined in Section 4.3(b)(i).

  • Target Audience means users on the Criteo Network who will be targeted with relevant performance advertising banners based on the Criteo Technology.

  • Target Market “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Senior Target Amount With respect to each Distribution Date, an amount equal to the lesser of (a) the product of (i) 77.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;