Depth of Affordability Sample Clauses

Depth of Affordability. Rents at Occupancy (AHP Funded Units) Establishes “permitted rents” which are used in Schedule “I” Unit Type Average Unit Rent (AHP Funded Units) (A) CM HC Average Market Rent ($) (B) Percentage of CM HC Average Market Rent (A÷B) • 100 Bachelor One Bedroom Two Bedroom Three Bedroom Four Bedroom Other Depth of Affordability: Percentage of CMHC Average Market Rent Achieved for Overall Project 80% (Note: This figure cannot be greater than 80% of CMHC Average Market Rent, without the approval of the County)
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Depth of Affordability. Rents during year of reporting (IAH Funded Units) – 70% CMHC AMR Establishes "permitted rents" Unit Type Unit Size Number of Units (A) Actual rent to be Charged per Month (B) CMHC Average Market Rent (C) Actual Project Rents (D)= (A)x(B) Project Rents as per CMHC AMR (E)=(A)x(C) Bachelor 1 BR Total Notes:
Depth of Affordability. Rents at Occupancy Unit Type Unit Size Number of Units (A) Total Actual Rent to be charged per month (B) CMHC Average Market Rent (AMR – 2020) (C) Actual Project Rents (D)=(A)X(B) Project Rents as per CMHC AMR or Alternate (E)=(A)X(C) Bachelor 1BR
Depth of Affordability. Weighted Average Rents Project Weighted Average Rent (PWAR) Total of (D) ÷ Total of (A) CMHC Weighted Average Rent (CMHCWAR) Total of (E) ÷ Total of (A) 0 0

Related to Depth of Affordability

  • PROCEDURAL HISTORY On February 25, 2004, pursuant to 83 Illinois Administrative Code Part 763, Illinois Bell Telephone Company (“SBC Illinois”) and OnePoint Communications Illinois, LLC (“OnePoint”), filed a joint Petition for approval of the Fourth Amendment to the Interconnection Agreement dated February 20, 2004, under Section 252 of the Telecommunications Act of 1996 (47 U.S.C. §§ 151 et seq.) (“the Act”). The Agreement was submitted with the Petition. A statement in support of the Petition was filed along with verifications sworn to by Xxxxx X. Xxxx on behalf of SBC Illinois and by Xxxx Xxxxxx on behalf of OnePoint, stating that the facts contained in the Petition are true and correct to the best of their knowledge, information, and belief. Pursuant to notice as required by law and the rules and regulations of the Commission, this matter came on for hearing by a duly authorized Administrative Law Judge of the Commission at its offices in Chicago, Illinois, on April 19, 2004. Staff filed the Verified Statement of Xxxxxxx Xxxxxxx of the Commission’s Telecommunications Division. At the hearing on April 19, SBC Illinois, OnePoint, and Staff appeared and agreed that there were no unresolved issues in this proceeding. Xx. Xxxxxxx’x Verified Statement was admitted into evidence and the record was marked “Heard and Taken.”

  • Procedural Requirements All holders of record of shares of Preferred Stock shall be sent written notice of the Mandatory Conversion Time and the place designated for mandatory conversion of all such shares of Preferred Stock pursuant to this Section 6. Such notice need not be sent in advance of the occurrence of the Mandatory Conversion Time. Upon receipt of such notice, each holder of shares of Preferred Stock shall surrender his, her or its certificate or certificates for all such shares (or, if such holder alleges that such certificate has been lost, stolen or destroyed, a lost certificate affidavit and agreement reasonably acceptable to the Corporation to indemnify the Corporation against any claim that may be made against the Corporation on account of the alleged loss, theft or destruction of such certificate) to the Corporation at the place designated in such notice. If so required by the Corporation, certificates surrendered for conversion shall be endorsed or accompanied by written instrument or instruments of transfer, in form satisfactory to the Corporation, duly executed by the registered holder or by his, her or its attorney duly authorized in writing. All rights with respect to the Preferred Stock converted pursuant to Section 6.1, including the rights, if any, to receive notices and vote (other than as a holder of Common Stock), will terminate at the Mandatory Conversion Time (notwithstanding the failure of the holder or holders thereof to surrender the certificates at or prior to such time), except only the rights of the holders thereof, upon surrender of their certificate or certificates (or lost certificate affidavit and agreement) therefor, to receive the items provided for in the next sentence of this Subsection 6.2. As soon as practicable after the Mandatory Conversion Time and the surrender of the certificate or certificates (or lost certificate affidavit and agreement) for Preferred Stock, the Corporation shall issue and deliver to such holder, or to his, her or its nominees, a certificate or certificates for the number of full shares of Common Stock issuable on such conversion in accordance with the provisions hereof, together with cash as provided in Subsection 5.2 in lieu of any fraction of a share of Common Stock otherwise issuable upon such conversion and the payment of any declared but unpaid dividends on the shares of Preferred Stock converted. Such converted Preferred Stock shall be retired and cancelled and may not be reissued as shares of such series, and the Corporation may thereafter take such appropriate action (without the need for stockholder action) as may be necessary to reduce the authorized number of shares of Preferred Stock accordingly.

  • Compliance with Xxxxx-Xxxxx and Related Act requirements All rulings and interpretations of the Xxxxx-Xxxxx and Related Acts contained in 29 CFR parts 1, 3, and 5 are herein incorporated by reference in this contract.

  • Dependability Compliance with instructions and regulations; reliability under varying conditions. ☐ Unsatisfactory Frequently undependable. ☐ Needs Improvement ☐ Meets Expectations Dependable under normal circumstances. ☐ Exceeds Expectations ☐ Outstanding Thoroughly reliable on assignments. Remarks: Click here to enter remarks

  • Service Accountability Agreements The HSP acknowledges that if the LHIN and the HSP enter into negotiations for a subsequent service accountability agreement, subsequent funding may be interrupted if the next service accountability agreement is not executed on or before the expiration date of this Agreement.

  • Compliance with Xxxxxxxx Act requirements The contractor shall comply with the requirements of 29 CFR part 3, which are incorporated by reference in this contract.

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