Annual Re Sample Clauses

Annual Re openers‌ The parties agree to reopen the contract for 2015-2016 on wages, benefits, and two items each. The reopeners referenced in this section are in addition to Section 1.5.
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Annual Re examinations: The components of the mandatory annual re-examination are as follows: 1. The Resident must supply CMHDC with accurate written information about family composition, citizenship and/or residency status, age of family members, income and source of income of all family members, assets and related information necessary to determine eligibility, annual income, adjusted income, rent, and appropriateness of dwelling size. Failure to supply such information and/or misrepresentation of information is a serious violation of the terms of the Lease and may result in termination of the Lease. 2. As part of the annual re-examination, CMHDC will conduct criminal background checks on all household members age 18 and over. Information received on the criminal background check will cover three years prior to the date of the background check. 3. As part of the annual re-examination, CMHDC will conduct income verification on all household members age 18 and over in order to determine whether a household maintains a minimum annual adjusted income of $6,000. 4. The Resident agrees to comply with reasonable CMHDC requests for verification by signing releases or authorizations for third-party sources, presenting documents for review or providing other suitable forms of verification. This information will be used by CMHDC to decide whether the amount of the rent should be changed, and whether the dwelling size is still appropriate for the Resident's needs. 5. During the annual re-examination, Residents will be given the choice among: a) rent based on their income; b) a flat rent based on the value of the dwelling unit; or c) a ceiling rent based on the cost to operate the unit or other factors. CMHDC shall notify each family in writing of the dollar amount of these three rent determinations. Between annual re-examinations, the Resident upon a showing of financial hardship may request to be switched from a flat rent to a rent based on their income. 6. To comply with Annual Re-examination requirements, CMHDC shall give the Resident reasonable notice of what action(s) the Resident must take and the date by which any such action must be taken for compliance under this section. 7. In accordance with Federal and state law, CMHDC will process any applicable income disregard to a qualifying family that has experienced an increase in their earned income. 8. CMHDC will not reduce any portion of rent if the welfare or public assistance benefits of a covered family are reduced un...
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Annual Re. ­‐ openers Agree to District’s proposal if District agrees to Union’s proposal below on compensation (sections 8.2.2 and 9.1). The parties agree to reopen the contract for 2015-­‐ 2016 on wages, benefits, and two items each. The reopeners referenced in this section are in addition to Section 1.5 below. Disagree.
Sample 1
Annual Re certification of Household Income— SUBRECIPIENT shall verify Annual Household Income every year using third party verification or at least two months’ worth of source documentation such as wage statements, interest statements, unemployment compensation benefits, and Social Security benefits. When collecting income verification documentation, SUBRECIPIENT shall consider any likely changes in income. A previous year’s tax return statement is a useful supporting document, however it does not by itself establish anticipated income, and shall not by itself constitute adequate source documentation. SUBRECIPIENT does not need to re‐certify Household Income of tenants who received only security deposit (or only security and utility deposit) assistance. Tenants who move from the housing units for which they were qualified, must be re‐qualified for continued TBRA assistance.
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Annual Re. Enrollment
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Annual Re examinations: The components of the mandatory annual re-examination are as follows: 1. The resident must supply CHA with accurate written information about family composition, citizenship and/or immigration status, age of resident family members, income and source of income of all resident family members, assets and related information necessary to determine eligibility, annual income, adjusted income, rent, and appropriateness of dwelling size. Failure to supply such information and/or misrepresentation of information is a serious violation of the terms of the Lease and may result in termination of the Lease. 2. As part of the annual re-examination, CHA will conduct criminal background checks on resident and all resident family members age 18 and over. Information received on the criminal background check will cover three years prior to the date of the background check. 3. As part of the annual re-examination, CHA will evaluate whether residents and all household members meet and/or continue to meet the property specific tenant selection and continued occupancy criteria. Failure to meet such criteria within the time frames and circumstances set forth in Lease Rider #1 may result in termination of this Lease. 4. As part of the annual re-examination, CHA will review whether residents and all household members continue to meet the public housing eligibility requirements as set forth in the federal regulations. If a resident, household member or family is deemed ineligible for public housing, the CHA may terminate or choose not to renew the lease. 5. As part of the annual re-examination, CHA will review whether residents and all household members continue to meet the initial Admissions Criteria set forth in the CHA’s Admissions and Continued Occupancy Policy. If a resident, household member or family member is deemed ineligible under this Policy for public housing with the Chicago Housing Authority, the CHA may terminate or choose not to renew the lease. 6. The resident agrees to comply with reasonable CHA requests for verification by signing releases or authorizations for third-party sources, presenting documents for review or providing other suitable forms of verification. This information will be used by CHA to decide whether the amount of the rent should be changed, and whether the dwelling size is still appropriate for the resident's needs. 7. During the annual re-examination, residents will be given the choice between: a) rent based on their income; or ...
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Annual Re verification Appendix I The German Social Housing Context Municipal housing companies (MHCs) are housing companies (partially) owned by the respective municipality. The activities of an MHC are often an essential instrument of the housing policy of a municipality. A single municipality can own one or several MHCs, Housing co-operatives (HCOs) are housing companies legally based on the Cooperative Act (Genossenschaftsgesetz, GenG). The members of housing co-operatives are their shareholders and at the same time (at least partly) also the tenants of their flats. The members benefit from a lifelong right of residence. An HCO cannot be sold and its sole interest is to provide housing at an affordable rate to its members while continuously investing in (new) buildings. HCOs are also characterized by their principle of
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Related to Annual Re

  • Annual Reviews Within thirty (30) days after each annual anniversary of the Effective Date of this Agreement, the Company shall review Employee’s performance of his duties pursuant to this Agreement and advise Employee of the results of that review; provided, however, that Company may elect to conduct a partial-year performance review in order to synchronize Employee’s annual review date with that of the Company’s other executives. In connection with each such review, the Company shall evaluate whether any increase in Employee’s compensation under Section 2, below, is appropriate.

  • Annual Review The Board of Directors during the Contract Period shall review annually, or at more frequent intervals which the Board of Directors determines is appropriate, the Executive’s compensation and shall award the Executive additional compensation to reflect the Executive’s performance, the performance of the Company and competitive compensation levels, all as determined in the discretion of the Board of Directors.

  • Annual Shall be once (1) per year. All work to be performed on an annual basis shall be performed during the fourth full week of the first month of the year. The first annual period shall commence upon the effective date of the Contract and all subsequent annual periods shall commence on one (1) year intervals thereafter.

  • Annual Report Within 90 days after each April 15, starting in the year after the Closing Date, the Indenture Trustee will prepare and mail to each Noteholder a report dated as of April 15 of the applicable year that complies with Section 313(a) of the TIA, if the report is required under Section 313(a) of the TIA. The Indenture Trustee will also prepare and mail to the Noteholders any report required under Section 313(b) of the TIA. A report mailed to the Noteholders under this Section 7.4(a) will be mailed according to Section 313(c) of the TIA.

  • Annual Reconciliation As soon as practicable after the end of each calendar year, Landlord shall prepare and forward to Tenant a statement of the actual Operating Expenses and Common Area Maintenance Expenses for such year. If the total amount Tenant actually paid for estimated Operating Expenses and Common Area Maintenance Expenses is less than Tenant’s Proportionate Share of the Building of the actual Operating Expenses, and Tenant’s Proportionate Share of Common Area Expenses, Tenant shall pay to Landlord as Additional Rent, in one lump sum, the difference between the total amount actually paid by Tenant and the amount Tenant should have paid pursuant to subparagraph (b)(2) above; this lump sum payment shall be made within thirty (30) days of receipt of Landlord’s xxxx therefor; or if the total amount Tenant actually paid for such estimated Operating Expenses and Common Area Maintenance Expenses is more than Tenant’s Proportionate Share of the actual amounts of the expenses, then Landlord shall remit the excess to Tenant within thirty (30) days of making such determination. Tenant’s obligation to pay any increase due over the prior year’s actual Operating Expenses (excluding utilities and snow removal which shall not be subject to the cap), for any calendar year shall be limited to a per annum cumulative increase of five percent (5%), compounded annually. Increases in Taxes and Insurance, set forth in paragraph 4(c) shall not be subject to any limit or “cap”. By way of example only, if the portion of Operating Expenses which is subject to the foregoing limitation (collectively, “Controllable Operating Expenses”) shall be equal to $5.00 per rentable square foot in calendar year 2004, Tenant’s Proportionate Share of those Controllable Operating Expenses may not exceed $5.25 in calendar year 2005, Further, if Tenant’s Proportionate Share of those Controllable Operating Expenses in 2005 equals $5.20 per rentable square foot, then Tenant’s Proportionate Share of Controllable Operating Expenses in 2006 shall not exceed $5.56 (i.e., $5.25 x 1.05 + the cumulative carry forward of $.05 since Tenant’s Proportionate Share of those Controllable Operating Expenses in 2005 was $.05 less than the applicable cap).

  • Plan Annual Reports Promptly and in any event within 30 days after the filing thereof with the Internal Revenue Service, copies of each Schedule B (Actuarial Information) to the annual report (Form 5500 Series) with respect to each Plan.

  • Quarterly and Annual Reconciliation 10.6.1 The Parties acknowledge that all payments made against Monthly Bills and Supplementary Bills shall be subject to quarterly reconciliation within 30 days of the end of the quarter at the beginning of the following quarter of each Contract Year and annual reconciliation at the end of each Contract Year within 30 days to take into account the Energy Accounts, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this Agreement. 10.6.2 The Parties, therefore, agree that as soon as all such data in respect of any quarter of a Contract Year or a full Contract Year as the case may be has been finally verified and adjusted, the SPD and SECI shall jointly sign such reconciliation statement. Within fifteen (15) days of signing of a reconciliation statement, the SPD shall make appropriate adjustments in the next Monthly Bill. Late Payment Surcharge/ interest shall be payable in such a case from the date on which such payment had been made to the invoicing Party or the date on which any payment was originally due, as may be applicable. Any Dispute with regard to the above reconciliation shall be dealt with in accordance with the provisions of Article 16.

  • Annual Base Salary During the Term, Executive shall receive a base salary at a rate of $550,000 per annum (as increased from time to time, the “Annual Base Salary”), which shall be paid in accordance with the customary payroll practices of the Company. Such Annual Base Salary shall be reviewed (and may be increased, but not decreased) from time to time by the Board or an authorized committee of the Board.

  • Annual Reports Within one hundred twenty (120) days after the last day of each fiscal year of Holdings commencing with the fiscal year ending December 31, 2018 (but one hundred fifty (150) days for the fiscal year ending December 31, 2018), a copy of the consolidated balance sheet of Holdings and its Restricted Subsidiaries as of the last day of the fiscal year then ended and the consolidated statements of income and cash flows of Holdings and its Restricted Subsidiaries for the fiscal year then ended, and accompanying notes thereto, each in reasonable detail showing in comparative form the figures for the previous fiscal year (starting with the fiscal year ending December 31, 2019) accompanied in the case of the consolidated financial statements by an opinion of an independent public accounting firm of recognized national standing or other accounting firm selected by the Borrower and reasonably acceptable to the Administrative Agent (which opinion shall be unqualified as to scope, subject to the proviso below) to the effect that the consolidated financial statements have been prepared in accordance with GAAP and present fairly in all material respects the consolidated financial condition and results of operations and cash flows of Holdings and its Restricted Subsidiaries as of the close of and for such fiscal year; provided that such financial statements shall not contain a “going concern” qualification or statement, except to the extent that such a “going concern” qualification or statement relates to (A) the report and opinion accompanying the financial statements for the fiscal year ending immediately prior to the stated final maturity date of the Loans, Permitted Pari Passu Refinancing Debt, Permitted Unsecured Refinancing Debt or Permitted Junior Refinancing Debt and which qualification or statement is solely a consequence of such impending stated final maturity date or (B) any potential inability to satisfy the Financial Covenants, or any financial covenant under any other Indebtedness on a future date or in a future period; in each case, such financial statements shall be accompanied by a customary management discussion and analysis of the financial performance of Holdings and its Restricted Subsidiaries;

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

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