Actual Vacancy Rate definition

Actual Vacancy Rate means, as of any date of determination, in respect of any Stabilized Property or Unverified Stabilized Property, a percentage equal to one minus a fraction equal to (i) the Actual Underwritten Gross Income divided by (ii) the Underwritten Gross Income for such Stabilized Property or Unverified Stabilized Property, as applicable, for the related geographic region.
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Actual Vacancy Rate means, as of any date of determination, in respect of any Property, a percentage equal to one minus a fraction equal to (i) the Actual Underwritten Gross Income for the Properties in the related Market divided by (ii) the Underwritten Gross Income for the Properties in the related Market.
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Related to Actual Vacancy Rate

  • Occupancy Rate means, for any Property, the percentage of the rentable area of such Property occupied by bona fide tenants of such Property or leased by tenants pursuant to bona fide tenant Leases, in each case, which tenants are not more than 60 days past due in the payment of all rent or other similar payments due under such Leases and paying rent.

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Adjusted Eurocurrency Rate means, with respect to any Eurocurrency Borrowing for any Interest Period, an interest rate per annum (rounded upwards, if necessary, to the next 1/16 of 1%) equal to (a) the Eurocurrency Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate for such Interest Period.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.