Monthly Subsidy Sample Clauses

Monthly Subsidy. Except as set out herein, Kal Tire agrees to continue to pay all current Team Members a monthly housing subsidy as follows:  For the period April 1, 2017 to September 30, 2017, $1200 per month;  For the period October 1, 2017 to March 31, 2018, $900 per month;  For the period April 1, 2018 to March 31, 2019, $800 per month; and  For the period April 1, 2019 to March 31, 2020, $600 per month. Any Team Member hired after November 28, 2014 and before March 31, 2017 will receive the housing subsidy to a maximum of sixty (60) months. Team Members hired on or after April 1, 2017, will not receive a housing allowance.
Sample 1
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Monthly Subsidy. Subject to reductions pursuant to the terms of this Agreement, Newhall shall pay Owner on a monthly basis, an amount equal to the aggregate sum of the following: (i) with respect to Space subject to an Existing Lease or New Lease that has not commenced paying rent as of the Closing Date, an amount equal to the monthly Pro-Forma Rent for such Space until the date the tenant is obligated to pay rent under any such Existing Lease or New Lease; (ii) with respect to Space subject to a New Lease or Post-Closing Lease for which rent has commenced at a rental rate less than the monthly Pro-Forma Rent for such Space, an amount equal to the difference between the Pro-Forma Rent for such Space and the rent that the tenant is obligated to pay for such Space under any such New Lease or Post-Closing Lease until such time as Newhall's obligation for such Space has terminated or been reduced to zero under this Agreement (which may occur by Newhall's election to apply rent in excess of Pro-Forma Rent from one Space to reduce its obligation to zero for other Space under this Agreement); (iii) with respect to Spaces that are being marketed for Post-Closing Leases, an amount equal to the monthly Pro-Forma Rent for any such Spaces as set forth in the Pro-Forma until the earlier of the date the tenant is obligated to pay rent for any such Space or the date Newhall's obligation for such Space has been terminated or been reduced to zero under this Agreement; (iv) the difference between the actual monthly rent payable under the Vons' Existing Lease with Newhall and the Pro-Forma Rent for the Vons' Space until the earlier of October 31, 2000 or the date the actual rent payable under the Vons' Existing Lease plus any credits for
Sample 1
Monthly Subsidy. 1. The County Children and Youth Agency agrees to pay the above mentioned permanent legal custodian(s) a cash subsidy payment of $ per day. The amount of this subsidy payment is based on the needs of the child and the circumstances of the permanent legal custodian(s) and has been negotiated between the County Children and Youth Agency and the legal custodian(s). This amount may not exceed the maximum xxxxxx care placement maintenance payment the child would have received in a xxxxxx family home (including level of care supplements not covered by Medicaid). In order for the child to be eligible for Medicaid, the Federal SPLC agreement must reflect a minimum $1 payment.
Sample 1

Related to Monthly Subsidy

  • Monthly Payment City shall make monthly payments, based on invoices received, for services satisfactorily performed, and for authorized reimbursable costs incurred. City shall have 30 days from the receipt of an invoice that complies with all of the requirements above to pay Consultant.

  • Monthly Not later than the 8th Business Day of each calendar month (other than the calendar months in which a Payment Date occurs) and commencing in July 2019, the Issuer shall compile and make available (or cause to be compiled and made available) to the Rating Agency, the Collateral Trustee, the Collateral Manager, the Placement Agent, the Co-Placement Agent and each other Holder shown on the applicable Register and any beneficial owner of a Secured Debt or Subordinated Securities who has delivered a Beneficial Ownership Certificate to the Collateral Trustee a monthly report on a settlement date basis (except as otherwise expressly provided in this Indenture) (each such report a “Monthly Report”). As used herein, the “Monthly Report Determination Date” with respect to any calendar month will be the last day of the calendar month preceding the month in which the Monthly Report is made available. The Monthly Report for a calendar month shall contain the following information with respect to the Collateral Obligations and Eligible Investments included in the Assets, and shall be determined as of the close of business on the Monthly Report Determination Date for such calendar month:

  • Monthly Payments On or before each Transfer Date, the Servicer shall instruct the Trustee in writing (which writing shall be substantially in the form of Exhibit B hereto) to withdraw and the Trustee, acting in accordance with such instructions, shall withdraw on such Transfer Date or the related Distribution Date, as applicable, to the extent of available funds, the amounts required to be withdrawn from the Finance Charge Account, the Principal Account, the Principal Funding Account and the Distribution Account as follows:

  • Interest Subsidy and Special Allowance Payments and Rebate Fees The Seller shall be entitled to all Interest Subsidy Payments and Special Allowance Payments on each Additional Loan or Substituted Loan accruing up to but not including the related Subsequent Cutoff Date and shall be responsible for the payment of any rebate fees applicable to such Purchased Loans subject to the related Xxxx of Sale accruing up to but not including the related Subsequent Cutoff Date. The Purchaser and the Eligible Lender Trustee on behalf of the Purchaser shall be entitled to all Special Allowance Payments and Interest Subsidy Payments accruing from the related Subsequent Cutoff Date with respect to the Additional Loans or Substituted Loans, and shall be responsible for the payment of any rebate fees applicable to the Additional Loans accruing from the date of the related Subsequent Cutoff Date.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ⮚ an interim technical report in accordance with the instructions laid down in Annex I; ⮚ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Interim Payments Interim payments are intended to reimburse the beneficiary for expenditure on the basis of a detailed statement of the costs incurred, once the action has reached a certain level of completion. It may clear all or part of any pre-financing. By the appropriate deadline indicated in Article I.5, the beneficiary shall submit a request for interim payment accompanied by the following documents: - an interim report on implementation of the action; - an interim financial statement of the eligible costs actually incurred, following the structure of the estimated budget; - where required by the provisions of Article I.4 on interim payment, a certificate on the action's financial statements and underlying accounts, produced by an approved auditor or, in case of public bodies, by a competent and independent public officer. The certificate shall certify, in accordance with a methodology approved by the Commission, that the costs declared by the beneficiary in the financial statements on which the request of payment is based are real, accurately recorded and eligible and that all receipts have been declared, in accordance with the agreement. The documents accompanying the request for payment shall be drawn up in accordance with the relevant provisions in Article I.5 and the annexes. The beneficiary shall certify that the information provided in his request for payment is full, reliable and true. He shall also certify that the costs incurred can be considered eligible in accordance with the agreement, that all receipts have been declared, and that his request for payment is substantiated by adequate supporting documents that can be checked. On receipt of these documents, the Commission shall have the period specified in Article I.4 in order to: - approve the interim report on implementation of the action; - ask the beneficiary for supporting documents or any additional information it deems necessary to allow the approval of the report; - reject the report and ask for the submission of a new report. Failing a written reply from the Commission within the time limit for scrutiny indicated above, the report shall be deemed to have been approved. Approval of the report accompanying the request for payment shall not imply recognition of the regularity or of the authenticity, completeness and correctness of the declarations and information it contains. Requests for additional information or a new report shall be notified to the beneficiary in writing. If additional information or a new report is requested, the time limit for scrutiny shall be extended by the time it takes to obtain this information. The beneficiary shall be informed of that request and the extension of the delay for scrutiny by means of a formal document. The beneficiary shall have the period laid down in Article I.4 to submit the information or new documents requested. Extension of the delay for approval of the report may delay the payment by the equivalent time. Where a report is rejected and a new report requested, the approval procedure described in this article shall apply. In the event of renewed rejection, the Commission reserves the right to terminate the agreement by invoking Article II.11.2 (b).

  • Payment Due Payment for services provided will be due on or before the next xxxx date (i.e., same date in the following month as the xxxx date) and is payable in immediately available funds. Payment is considered to have been made when received by BellSouth.

  • Monthly Salary The words “monthly salary” when used in this Agreement shall mean: (Bi-weekly pay at regular rate of pay times 26.1) divided by 12 = monthly salary

  • Salary Overpayment Recovery A. When the Employer has determined that an employee has been overpaid wages, the Employer will provide written notice, via certified mail, to the employee that will include the following items:

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