Assistance Payment definition

Assistance Payment means any payment from the Plan to the Beneficiary or to the Beneficiary’s estate.
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Assistance Payment means the amount of Housing Stability Program monies made available or paid to a Mortgagor by or on behalf of OHFA upon the closing of the Mortgage Loan for use by the Mortgagor in paying all or a portion of his or her down payment and closing costs relating to the Mortgage Loan.
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Assistance Payment means the amount paid to an Eligible Mortgagor upon the closing of an Assisted Loan for use by the Mortgagor in paying all or a portion of his or her down payment and closing costs relating to such Assisted Loan or HOME Assisted Loan.
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Examples of Assistance Payment in a sentence

  • If the Tenant moves from the Contract Unit in violation of the lease, the Owner/Landlord is entitled to keep the Rental Assistance Payment only for the month in which the Tenant moves.

  • If the Owner/Landlord evicts the Tenant, the Owner/Landlord is entitled to receive the Rental Assistance Payment only for the months that the unit is occupied by the Tenant and the Tenant remains program eligible.

  • In addition to entering into this Lease, Landlord and ▇▇▇▇▇▇ also contemplate the provision of rental assistance to the Premises pursuant to a Housing Assistance Payment Contract (“HAP Contract”).

  • The Contractor will endeavor to pay the Rental Assistance Payment to the Owner/Landlord on the first business day of the month in which the payment is due.

  • The portion of the Contract Rent payable by the Contractor (Rental Assistance Payment) is equal to the difference between the Contract Rent and the Tenant Rent.

  • Agreement to Repay All of the Assistance Payment Received Upon the Occurrence of Certain Events.

  • The amount of the Rental Assistance Payment shall be determined by the Contractor and any change will be effective as of the date stated in the notification to the Tenant and Owner/Landlord.