Administrative Period definition

Administrative Period means period of time immediately following an initial measurement period or a standard measurement period when the participating employer determines which “variable hour” and/or “ongoing” employees are eligible for coverage and to notify and enroll those eligible employees. The administrative period lasts 30 days.

Administrative Period means ACA period of no longer than 90 days beginning immediately following the end of a Standard Measurement Period and no longer than 90 days beginning immediately following the end of an Initial Measurement Period and ending immediately before the start of the associated Stability Period. During this time period the employer completes administrative tasks, for example but not limited to, calculating measurement period hours, eligibility determination, providing the employee with enrollment materials.

Administrative Period means the 3-month period following the measurement period during which eligible employees and dependent contractors will be offered health insurance coverage and any elections will be processed.

Examples of Administrative Period in a sentence

• In connection with its services to be provided hereunder, the Trustee shall receive a fee from DLJMB as follows: (a) an initial fee of $3,000 payable upon the execution by the parties of this Agreement, (b) during the Administrative Period, a fee of $4,500 per annum, payable quarterly in advance, and (c) thereafter, such fee as the parties may from time to time agree.

• In connection with its services to be provided hereunder, the Trustee shall receive a fee from DLJMB as follows: (a) an initial fee of $2,500 payable upon the execution by the parties of this Agreement, (b) during the Administrative Period, a fee of $5,000 per annum plus 0.0025% of the fair market value of the Trust Shares deposited in the voting trust created hereby, in each case payable quarterly in arrears, and (c) thereafter, such fee as the parties may from time to time agree.

More Definitions of Administrative Period

Administrative Period means the period beginning on the Petition Date and ending on the Confirmation Date.

Administrative Period means the period commencing on the date of the initial assignment and delivery by a Holder or a DLJMB Affiliate to the Trustee of Shares to be held pursuant to this Agreement and ending on the earlier of (i) the termination of the voting trust created hereby pursuant to Section 8 or (ii) the removal or resignation of the Trustee pursuant to Section 13.

Administrative Period means a period of time not exceeding thirty (30) days after the measurement period has ended and prior to the beginning of the stability period during which Cedar City may evaluate the results of the measurement period.

Administrative Period means a Standard Administrative Period or an Initial Administrative Period.

Administrative Period means the period beginning at the end of the Standard Measurement Period of each year and ending on the final day of each plan year.

Administrative Period means for medical benefits only, either the one-month period that is between the end of the Employee’s Initial Measurement Period or the two-month period and the Standard Measurement Period and the Employee’s Stability Period.

Administrative Period means the time allowed during which employees can enroll in or disenroll from medical benefits coverage under the Plan. However, any Administrative Period between the Standard Measurement Period and the Stability Period may neither reduce nor lengthen the Measurement Period or the Stability Period.