Occupancy Rates Sample Clauses

Occupancy Rates. Manager shall set nightly occupancy rates and policies as Manager shall determine in its sole and exclusive discretion. Manager, in its discretion, shall have the right to reserve the occupancy of the Residence at rates less than the regularly advertised rates in circumstances such as, but not limited to, extended length of stay, group discounts, company or corporate discounts, package plan discounts, holiday or promotional discounts. Manager and Owner shall mutually agree to occupancy rates for extended stays. Extended stays pertain to a Rental Guest reserving more than thirty
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Occupancy Rates. Commencing on the Effective Date, rates for occupancy and use of the Premises shall be as set forth in Exhibit B.
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Occupancy Rates. Subsidiary through Manager shall set nightly occupancy rates and policies as Manager shall determine in its sole and exclusive discretion. Manager, in its discretion, shall have the right to reserve the occupancy of the Residence at rates less than the regularly advertised rates in circumstances such as, but not limited to, extended length of stay, group discounts, company or corporate discounts, package plan discounts, holiday or promotional discounts. Manager and Owner shall mutually agree to occupancy rates for extended stays. Extended stays pertain to a Rental Guest reserving more than thirty (30) consecutive nights in the Owner’s Residence.
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Occupancy Rates. Rates and minimum stay requirements may vary. Owner reserves the right to change any rates quoted prior to issuing a Reservation Confirmation. Rates are quoted based on minimum stay requirements. All rates quoted are in USD.
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Occupancy Rates. Within five (5) Business Days of the end of the calendar month ending immediately prior to the expiration of the Inspection Period, Seller and/or Existing Operator shall deliver to Purchaser an updated Rent Roll for the Facilities and the Separate Facilities, considered as a whole (the “Aggregate Facilities”), together with a calculation of the average monthly occupancy rate of the Aggregate Facilities for the three-month period ending on the last day of such immediately preceding calendar month (the “Updated Average Occupancy Rate”). In the event that the Updated Average Occupancy Rate of the Aggregate Facilities as set forth with such Rent Roll is more than 5% lower than the occupancy rate of the Aggregate Facilities calculated based upon the Rent Rolls for the Aggregate Facilities for the month ending immediately prior to the Effective Date, Purchaser shall have the right at any time prior to 5:00 p.m. (Eastern) on the fourteenth (14th) day following expiration of the Inspection Period (the “Rent Roll Review Period”), in its sole and absolute discretion, to terminate this Agreement in its entirety. If Purchaser fails to deliver to Seller a written notice exercising its right to terminate this Agreement pursuant to this Section 4.6 prior to the expiration of the Rent Roll Review Period, then Purchaser shall be deemed to have waived such termination right, and this Section 4.6 shall be of no further force and effect. If Purchaser delivers to Seller a written election to terminate this Agreement pursuant to this Section 4.6 prior to the expiration of the Rent Roll Review Period, the parties shall provide written instructions to the Escrow Agent directing the Escrow Agent to return the Deposit to Purchaser, and this Agreement shall terminate automatically and be of no further force or effect, and the parties hereto shall have no further obligation to the other except for those obligations specifically surviving the termination of this Agreement.
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Occupancy Rates. Owner provides no guarantee of the occupancy rate of the Premises.
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Occupancy Rates. According to the law of supply and demand, when the demand for an item is greater than the supply, the price or value of the i tem increases. And when the supply exceeds the demand, the price or value of the item decreases. This basic rule applies to rental properties just as it applies to other commodities. From a property manager’s point of view, the supply of rental units is t he total number of units available for occupancy in the area where the managed property is located. The demand for rental units is the total number of potential tenants in that area who are able to pay the rent for those units. When demand exceeds supply, rental rates go up; when supply exceeds demand, rental rates go down. There is a technical oversupply of property when there are more units than potential tenants. There is an economic oversupply when there are enough potential tenants, but they are unable to pay the current rent. Likewise, there may be a technical shortage ( when there are more potential tenants than units) or an economic shortage ( when there are more able- to- pay tenants than units). To set rental rates for a managed property, a property manager must determine the occupancy trend for the area. I f the trend is toward higher occupancy levels, the value of the units will increase because space is becoming more scarce. I t is during these t ▇▇▇▇ that managers raise rents and reduce services. On the other hand, i f there is a trend toward higher vacancy rates, a unit’s value will decrease. In periods of high vacancy, tenants are l ikely to resist rent increases or make more demands for services or repairs when leases are renewed. Occupancy levels are constantly f luctuating. The direction and speed in which they are moving will have a significant impact on the property manager’s operating and marketing policies.
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Occupancy Rates. The Applicant agrees the duration of this agreement with the University is for the entire period of occupancy as requested by the Applicant and reserved by Residential Life. In general, housing charges are billed directly to the Applicant’s Tech 900# account/NMT Student Account by calculating all days of occupancy times the daily rate of the room as determined by the current "Residential Life Rates" sheet, available at the University Office of Residential Life. Charges and/or billing methods may be adjusted at the discretion of Residential Life. Residential Life will list the specific dates of the Applicant’s housing reservation via confirmation sent to the Applicant’s e-mail address as listed on this application. The Applicant will not be allowed to occupy a room prior to the room reservation or after the room reservation except under special circumstances when written permission is obtained from Residential Life.
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Related to Occupancy Rates

  • Occupancy Costs (i) The Assuming Bank agrees to pay to the Receiver, or to appropriate third parties at the direction of the Receiver, during and for the period of any occupancy by it of (x) owned Bank Premises the market rental value, as determined by the appraiser selected in accordance with the definition of Fair Market Value, and all operating costs, and (y) leased Bank Premises, all operating costs with respect thereto and to comply with all relevant terms of applicable leases entered into by the Failed Bank, including without limitation the timely payment of all rent. Operating costs include, without limitation all taxes, fees, charges, utilities, insurance and assessments, to the extent not included in the rental value or rent. If the Assuming Bank elects to purchase any owned Bank Premises in accordance with Section 4.6(a), the amount of any rent paid (and taxes paid to the Receiver which have not been paid to the taxing authority and for which the Assuming Bank assumes liability) by the Assuming Bank with respect thereto shall be applied as an offset against the purchase price thereof. (ii) The Assuming Bank agrees during the period of occupancy by it of owned or leased Bank Premises, to pay to the Receiver rent for the use of all owned or leased Furniture and Equipment and all owned or leased Fixtures located on such Bank Premises for the period of such occupancy. Rent for such property owned by the Failed Bank shall be the market rental value thereof, as determined by the Receiver within sixty (60) days after Bank Closing. Rent for such leased property shall be an amount equal to any and all rent and other amounts which the Receiver incurs or accrues as an obligation or is obligated to pay for such period of occupancy pursuant to all leases and contracts with respect to such property. If the Assuming Bank purchases any owned Furniture and Equipment or owned Fixtures in accordance with Section 4.6(f) or 4.6(h), the amount of any rents paid by the Assuming Bank with respect thereto shall be applied as an offset against the purchase price thereof.

  • Early Occupancy If Tenant occupies the Property prior to the Commencement Date, Tenant's occupancy of the Property shall be subject to all of the provisions of this Lease. Early occupancy of the Property shall not advance the expiration date of this Lease. Tenant shall pay Base Rent and all other charges specified in this Lease for the early occupancy period.

  • Maximum Occupancy No more than two (2) guests per one (1) resident (who is present) are permitted in a student room/suite/apartment at any given time unless otherwise approved by the University (Residential Life).

  • PARTIAL OCCUPANCY OR USE § 9.9.1 The Owner may occupy or use any completed or partially completed portion of the Work at any stage when such portion is designated by separate agreement with the Design-Builder, provided such occupancy or use is consented to, by endorsement or otherwise, by the insurer providing property insurance and authorized by public authorities having jurisdiction over the Project. Such partial occupancy or use may commence whether or not the portion is substantially complete, provided the Owner and Design-Builder have accepted in writing the responsibilities assigned to each of them for payments, retainage, if any, security, maintenance, heat, utilities, damage to the Work and insurance, and have agreed in writing concerning the period for correction of the Work and commencement of warranties required by the Design-Build Documents. When the Design-Builder considers a portion substantially complete, the Design-Builder shall prepare and submit a list to the Owner as provided under Section 9.8.2. Consent of the Design-Builder to partial occupancy or use shall not be unreasonably withheld. The stage of the progress of the Work shall be determined by written agreement between the Owner and Design-Builder. § 9.9.2 Immediately prior to such partial occupancy or use, the Owner and Design-Builder shall jointly inspect the area to be occupied or portion of the Work to be used in order to determine and record the condition of the Work. § 9.9.3 Unless otherwise agreed upon, partial occupancy or use of a portion or portions of the Work shall not constitute acceptance of Work not complying with the requirements of the Design-Build Documents.

  • Square Footage Buyer acknowledges that the square footage of the Property has not been measured by Seller, Seller’s broker or its auctioneer (including the square footage of the lot and home) and the square footage quoted on any marketing tools such as advertisements, brochures, MLS data, the auction website and any other information provided is based on information supplied to Seller and is deemed approximate and not guaranteed. Buyer further acknowledges that Buyer has not relied upon any such marketing tool and that such tools are not representations and/or warranties of Seller or its agent.