Examination of Income Eligibility Sample Clauses

Examination of Income Eligibility. All proposed tenants must be income-eligible. The City shall initially determine the annual income of each tenant and for HOME Assisted Units City shall use the method set forth in 24 CFR 92.203(a)(1)(i) (e.g., examination of source documents). In addition, each year during the Affordability Period, the Borrower shall reexamine the annual income of each tenant; and for the HOME-Assisted Units shall use any one of the methods set forth in 24 CFR 92.203, as selected by the City. Records shall be maintained by Borrower for a period of not less than three (3) years after the tenant no longer resides at the Property.
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Examination of Income Eligibility. All proposed tenants must be income-eligible. The income of the tenant shall be certified to City within sixty (60) business days before the household’s expected occupancy of the Assisted Unit. City shall initially determine the annual income of a tenant using the adjusted gross income method set forth in 24 CFR 570.3. In addition, each year during the Affordability Period, Borrower shall reexamine the annual income of tenants in Assisted Units, using any one of the methods set forth in 24 CFR 570.3, as selected by City. Records shall be maintained by Borrower for a period of not less than three (3) years after the tenant no longer resides at the Property.
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Related to Examination of Income Eligibility

  • TAXATION OF INCOME Article 6

  • Duration of Insurance Contribution An employee is eligible for School District contributions as provided in this Article as long as an employee is employed by the School District. Employees whose employment terminates during the school year will be eligible for insurance and district contributions to insurance through the end of the month in which they terminate provided they pay the employee portion of the insurance premium for that month. Otherwise, the employee’s insurance will terminate as of the last day of employment.

  • Examination of Implementation 1. Without prejudice to the procedures set out in Article 188 (Compensation), once the period of time set out in paragraph 3 of Article 186 (Implementation of the Report) has expired, and there is disagreement between the disputing Parties as to the existence or consistency of the measures taken to comply with the Panel report, such dispute shall be referred to the original Panel wherever possible. If not possible, the procedure pursuant to Article 179 (Panel Selection) shall be followed to appoint a new Panel, in which event the periods set out thereof shall be reduced by half (22). 2. This Panel shall issue its report on the matter within 60 days after the date of the referral of the matter to it. When the Panel considers that it cannot provide its report within this timeframe, it shall inform the Parties in writing of the reasons for the delay together with an estimate of the period within which it will submit its report. Any delay shall not exceed a further period of 30 days unless the Parties otherwise agree.

  • EXAMINATION AND AUDIT Contractor agrees that the State, or its designated representative shall have the right to review and copy any records and supporting documentation pertaining to performance of this contract. Contractor agrees to maintain such records for possible audit for a minimum of three (3) years after final payment, unless a longer period of records retention is stipulated. Contractor agrees to allow the auditor(s) access to such records during normal business hours and to allow interviews of any employees or others who might reasonably have information related to such records. Further, contractor agrees to include a similar right of the State to audit records and interview staff in any subcontract related to performance of this contract.

  • Continuation of Insurance Benefits Notwithstanding any other provision in this Agreement to the contrary, the Bank and/or its successor shall maintain in full force and effect for Employee's continued benefit, for the two (2) year period beginning upon a Change in Control, all life insurance, medical, health and accident and disability policies, plans, programs or arrangements which were in effect immediately prior to the Change in Control.

  • TERMINATION OF INSURANCE A. Your policy will lapse if you do not pay your premium when due.

  • Verification of Illness Written verification by an approved licensed medical practitioner or other satisfactory proof of illness or family illness may be required at the discretion of the department head.

  • Aggregation of Individual Accounts For purposes of determining the aggregate balance or value of accounts held by an individual, a Reporting Financial Institution shall be required to aggregate all accounts maintained by the Reporting Financial Institution, or Related Entities, but only to the extent that the Reporting Financial Institution’s computerised systems link the accounts by reference to a data element such as client number or taxpayer identification number, and allow account balances to be aggregated. Each holder of a jointly held account shall be attributed the entire balance or value of the jointly held account for purposes of applying the aggregation requirements described in this paragraph.

  • Continuation of Insurance All policies of insurance shall provide for at least 30 days prior written cancellation notice to the Secured Party. In the event of failure by the Debtor to provide and maintain insurance as herein provided, the Secured Party may, at its option, provide such insurance and charge the amount thereof to the Debtor. The Debtor shall furnish the Secured Party with certificates of insurance and policies evidencing compliance with the foregoing insurance provision.

  • Special Eligibility The following employees also receive an Employer Contribution:

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