Total Units Occupied. 3. Total Units Held Vacant and Available for Rent to Low Income Tenants
Total Units Occupied Sample Clauses
Related to Total Units Occupied
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).
Owner Occupancy Participant(s) agree to maintain the property as their primary residence during the term of this Agreement, any extensions thereof, or until closeout, documentation is approved by NCORR. If during the term of the Grant Agreement, Participant(s) (1) use the property as an investment property (2) convert the structure to an ineligible structure type or use, or (3) uses the property as a recreational house or “second” home, then NCORR may require immediate payment in full of the entire grant amount provided to the Participant(s). Participant(s) agree that if during the term of this Agreement, any extensions thereof or prior to closeout, Participant(s) sell part or all of the property without NCORR’s prior written consent, then NCORR may require payment in full the amount of the Grant outstanding at the time of sale.
Partial Occupancy The OWNER may occupy or use any portion of the Work at any stage. Such partial occupancy or use may commence whether or not the portion is substantially complete, provided the OWNER and Contractor have, if applicable, 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 of correction of the Work and commencement of warranties required by the Contract Documents. Immediately prior to such partial occupancy or use, the OWNER and Contractor 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. The use or occupancy of a portion of the Work by OWNER or its other contractors to inspect and/or correct defective workmanship or install furniture, fixtures, or equipment or other work shall not be considered as use and occupancy. 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 Contract Documents.
Lease Period The lease period of the Finance Lease Agreement I is 24 months, which shall commence on August 5, 2022. The lease period of the Finance Lease Agreement II is 36 months, which shall commence on September 29, 2022. The lease period of the Finance Lease Agreement III is 36 months, which shall commence on October 14, 2022. The lease period of the Finance Lease Agreement IV is 36 months, which shall commence on November 30, 2022. The lease period of the Finance Lease Agreement V is 36 months, which shall commence on March 23, 2023.
Leave Allowed Before Due Date 6.2.11.1 The Company may allow an employee to take annual leave prior to the employee’s right thereto has accrued. In such circumstances, the qualifying period of further annual leave will not commence until the expiration of twelve (12) months in respect of which the leave so allowed was taken.
