Common use of Transfer Grant Clause in Contracts

Transfer Grant. A grant of $1,000 is payable where a principal is entitled to removal expenses and rents, leases or purchases housing. rent subsidy will be granted only in respect of a short term tenancy. The amount of the subsidy is the excess of the rental over one-sixth of the principal’s gross salary. The duration of the subsidy is limited to three months. $300 for each child who is attending a state or state-integrated school prior to the date of transfer who attends another state or state-integrated school after the transfer and for whom a different uniform is required to be purchased (in terms of the new school’s policy) because of the change of school.

Transfer Grant. A grant of $1,000 is payable where a principal is entitled to removal expenses and rents, leases or purchases housing. rent subsidy will be granted only in respect of a short term tenancy. The amount of the subsidy is the excess of the rental over one-one- sixth of the principal’s gross salary. The duration of the subsidy is limited to three months. $300 for each child who is attending a state or state-integrated school prior to the date of transfer who attends another state or state-state- integrated school after the transfer and for whom a different uniform is required to be purchased (in terms of the new school’s policy) because of the change of school.