Monthly Subsidy Sample Clauses

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

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 ▇▇▇▇▇▇ care placement maintenance payment the child would have received in a ▇▇▇▇▇▇ 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. 2. Other increases or decreases to the initial agreement payment amount may be made, but may not exceed the maximum ▇▇▇▇▇▇ family home rate, as identified in Number 1 above. Any payment adjustments may only be made with the concurrence of the legal custodian(s) except in cases where the child receives State Subsidized Permanent Legal Custodianship and Supplemental Security Income concurrently. In these cases, a new subsidy agreement will be issued reducing the amount of the monthly subsidy dollar for dollar by the amount of the Supplemental Security Income received by the child. An additional exception occurs when the child re-enters care. The amount of the subsidy may be modified without the concurrence of the legal custodian(s) depending on the circumstances of the case. 3. Payments may begin only after the custodian(s) has/have committed to care for the child, has/have assumed permanent legal custodianship of the child, and the agreement has been signed by all parties. A copy of the court order should accompany this agreement. Payments will begin on / / (month/day/year) and will be made on a monthly basis hereafter. 4. Should the legal custodian(s) relocate to another county/state, the subsidy agreement for permanent legal custodian monthly subsidy payments will remain in effect regardless of the county or state in which the child resides.