Increase in Income Sample Clauses

Increase in Income. Tenants are required to report all income increases. In the event that the Tenant’s income increases by less than $2,500.00 annually, the new Rent will not take effect until the annual re-examination date. In the event that the Tenant’s income increases in excess of $2,500.00 annually, any applicable increase in Rent charged would take effect on the first day of the month following the month in which notice of the change in Rent is provided. Except in the case of fraud or program non-compliance, all increases in Rent shall follow a thirty (30) day notice to the Tenant. Due to HUD regulations regarding income exclusions, an increase in earned income will not always result in an immediate increase in Tenant Rent.
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Increase in Income. Tenants are required to report all income increases. In the event that the Tenant's income increases by less than $200.00 monthly, the new Rent will not take effect until the annual re-examination date.] In the event that the Tenant's income increases in excess of $200.00 per month, the new Rent charged will take effect on the first day of the second month after the income is reported, unless the Tenant is newly employed, employed during participation in an economic self-sufficiency or job training program, or employed within six (6) months after receiving assistance benefits or services equaling at least $500 from a state program for Temporary Assistance to Needy Families (TANF), in which case the rent increase will not take place until the first (1st) day of the twelfth (12th) month following increase in income. Only newly employed Tenants who were previously unemployed for one or more years are eligible for a twelve-month grace period. Each adult family member can be eligible for the twelve (12) month grace period. (The twelve (12) month grace period will affect the adult with the income increase. The household's rent will still be adjusted if another family member's grace period expires.)
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Related to Increase in Income

  • Increase in Hours 6.4.1 For unit - 1 When additional hours are available to a part-time position on a regular basis, the hours shall be offered to the employee in the unassigned time with the greatest bargaining unit seniority. If the senior employee declines the assignment, it shall be offered to the remaining employees in the class in descending order of bargaining unit seniority until the assignment is made.

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Price Increase/Decreases No price increases will be permitted during the first period of the Contract. The County requires documented proof of cost increases on Contracts prior to any price adjustment. A minimum of 30-days advance notice in writing is required to secure such adjustment. No retroactive price adjustments will be considered. All price decreases will automatically be extended to the County of Orange. The County may enforce, negotiate, or cancel escalating price Contracts or take any other action it deems appropriate, as it sees fit. The net dollar amount of profit will remain firm during the period of the Contract. Adjustments increasing the Contractor’s profit will not be allowed.

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will:

  • Wage Increase 1. The minimum hourly wage amounts in the salary table in column I (job grades 1 up to and includ- ing 3) concern the statutory minimum wage and are adjusted in the event of an increase in the statutory minimum wage.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

  • Price Increase/Decrease No price increases will be permitted during the first period of the price agreement. The County requires documented proof of cost increases on Contracts prior to any price adjustment. A minimum of 30-days advance notice in writing is required to secure such adjustment. No retroactive price adjustments will be considered. All price decreases will automatically be extended to the County of Orange. The County may enforce, negotiate, or cancel escalating price Contracts or take any other action it deems appropriate, as it sees fit. The net dollar amount of profit will remain firm during the period of the Contract. Adjustments increasing the Contractor’s profit will not be allowed.

  • Date Increment Due Increments shall accrue and become due and payable on the next day following completion of required service as an employee in the class, unless otherwise provided herein.

  • Additional Fee on Late Payments For any payments thirty (30) calendar days or more overdue under this Agreement, Registry Operator shall pay an additional fee on late payments at the rate of 1.5% per month or, if less, the maximum rate permitted by applicable law.

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