Maximum Subsidy definition

Maximum Subsidy means one hundred and twenty thousand euros (€120,000) (inclusive of VAT) for each Designated Unit.
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Maximum Subsidy means the maximum amount that may be paid by Contractor to a housing provider under the terms of this Contract for the use of housing by an Eligible Consumer. In general, the Maximum Housing Subsidy is 120 percent of 2018 Fair Market Rents, unless Contractor first submits the rationale for a higher subsidy to DBHR for approval.
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Maximum Subsidy means, in respect of a Plan Member’s coverage under the extended health care plan, the amount periodically established by the MRBT as the maximum monthly amount that will be paid by the MRBT towards the premium under that plan;
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Examples of Maximum Subsidy in a sentence

  • The District shall subsidize the Recruited Physician's Practice by an amount not to exceed ________________________ Dollars ($ ) (the "Maximum Subsidy Amount") if the Professional Expenses exceed the Collections during the Subsidy Period.

  • The following is a sample calculation of a premium amount that is equal to or less than the City’s maximum subsidy rate: If the premium amount is $600/month and the Maximum Subsidy Rate is $1,250/month, then the employee shall be obligated to contribute the equivalent of $30/month (5% of $600), which converts to an employee biweekly contribution of $15.00 (over 24 pay periods in a fiscal year).

  • The following is a sample calculation of a premium amount that exceeds the City’s maximum subsidy rate: If the premium amount is $1,600/month and the Maximum Subsidy Rate is $1,250/month, then the employee shall be obligated to contribute $412.50/month, including $350/month ($1,600 - $1,250) plus $62.50 (5% of $1,250), which converts to an employee biweekly contribution of $206.25 (over 24 pay periods in a fiscal year).

  • The term of this Agreement will be for a one (1) year period of time, commencing as of the date hereof and expiring on the 1st anniversary hereof, subject to earlier termination as provided for in Section 4 of this Agreement.


More Definitions of Maximum Subsidy

Maximum Subsidy means, in respect of a retired plan member’s coverage under the extended health care plan, the amount periodically established by the board as the maximum monthly amount that will be paid from employer contributions towards the premium under that plan;
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