Affordable Workspace Lease definition

Affordable Workspace Lease means a lease of the Affordable Workspace to be entered
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Affordable Workspace Lease means a lease for each Part of the Affordable Workspace to be entered into between the Developer and the Affordable Workspace Provider and which is substantially in accordance with the heads of terms set out in Annex 1 to Schedule 7 of this Agreement or such other terms as may be agreed with the Council; “Affordable Workspace Marketing Period” means a period of not less than three months from practical completion of each Part of the Affordable Workspace and/or termination of any lease and/or licence of a Part of the Affordable Workspace or any part thereof;
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Affordable Workspace Lease means a lease of the Affordable Workspace to be entered into between the Developer and the Affordable Workspace Provider consistent with the heads of terms set out in Annex 1 to Schedule 7 of this Agreement or such other terms as may be agreed with the Council; “Affordable Workspace Provider” means either: (a) a provider on the Workspace Provider List or such other provider as may be approved by the Council in writing; or (b) the Developer; "Affordable Workspace Rent" means the rent exclusive of rates, reasonable service and building management charges payable by Eligible Tenants Index Linked from the first occupation of the Affordable Workspace by each Eligible Tenant to be calculated at the following rates and applicable for the following periods; i) from the date of first occupation to a date no earlier than the end of the sixth month from the date of first occupation the Affordable Workspace shall be let at a peppercorn rent; and ii) from the end of the sixth month from the date of first occupation an amount calculated at 75% (seventy five) per cent of the Local Market Rent; PROVIDED ALWAYS that the maximum rent payable by an Eligible Tenant after the sixth month from the date of first occupation shall not exceed 75% of the Local Market Rent for a period of 30 years from first occupation of the Affordable Workspace; “Affordable Workspace Specification” means a detailed design specification of the Affordable Workspace to be submitted by the Developer to the Council for approval and which shall include but not be limited to detailed scaled plans and drawings, samples of materials to be used and which includes the minimum requirements set out in Annex 2 to Schedule 7 of this Agreement or such other minimum requirements as may be agreed with the Council; “Affordable Workspace Strategy” means a strategy to be submitted by the Developer to the Council for approval and which includes but shall not be limited to the minimum requirements set out at paragraph 2.2 of Schedule 7 of this Agreement or such other minimum requirements as may be agreed with the Council; “Affordable Workspace” means XX sq m GIA of workspace to be provided as part of the Development in accordance with the Affordable Workspace Specification and which shall be leased by the Developer to an Affordable Workspace Provider pursuant to the Affordable Workspace Lease who shall in turn lease and/or licence the Affordable Workspace to Eligible Tenant(s) and which is shown for indication purposes o...
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Examples of Affordable Workspace Lease in a sentence

  • Not to Occupy or cause or permit Occupation of the Affordable B1 Workspace for a period of 10 (ten) years from the Occupation Date otherwise than in accordance with the Approved Affordable Workplace Statement and the Affordable Workspace Lease (as may be amended from time to time in accordance with clause 4.4.8).

  • To let the floorspace in the Affordable B1 Workspace in accordance with the terms of the Affordable Workspace Lease and Affordable Workspace Statement at or below the Affordable Rent for a minimum period of 10 (ten) years from the Occupation Date.

  • Parties: TBC Demise: Affordable Workspace Lease: Internal repairing lease for a term of up to thirty (30) years to commence no earlier than Completion of the relevant unit(s) unless at the tenant's request.

  • To provide the Council with a copy of any Affordable Workspace Lease of the floorspace in the Affordable B1 Workspace entered into between the Owner and any occupier of the Affordable B1 Workspace immediately following completion thereof for the purposes of enabling the Council to verify compliance with clauses 4.4.3 and 4.4.4. To comply with any reasonable steps requested by the Council in the event that the Council is not satisfied that clauses 4.4.3, 4.4.4 and 4.4.5 have been fully complied with.


More Definitions of Affordable Workspace Lease

Affordable Workspace Lease means a lease of the Affordable Workspace to be entered into between the Owner and/or the Developer and the Affordable Workspace Provider and/or End Users consistent with the heads of terms set out in Annex 1 of Schedule 8 or such other terms as may be agreed with the Council and/or the Affordable Workspace Provider; “Affordable Workspace Management and Marketing Strategy” means a strategy for marketing and managing the Affordable Workspace in accordance with the provisions of Schedule 8; “Affordable Workspace Provider” means a provider on the Council’s Workspace Provider list or such other provider as may be approved by the Council in writing; “Affordable Workspace Rent” means the rent to be charged for the Affordable Workspace which shall be at rent levels no more than 75% of Open Market Rent in the Borough for comparable workspace; “Affordable Workspace Specification” means a detailed design specification of the Affordable Workspace to be submitted by the Owner and/or the Developer to the Council for approval and which shall include but not be limited to a plan that shows the location of the Affordable Workspace, the area (sqm GIA) of Affordable Workspace, detailed scaled plans and drawings, samples of materials to be used and which includes the minimum requirements as may be agreed with the Council; “Appeal” means the appeal to the Secretary of State under section 78(2) of the 1990 Act accepted with a start date of 30 August 2022 and given the appeal reference number APP/A5840/W/22/3303205; “Application” means the application for planning permission received by the Council on 19 November 2021 to carry out the Development upon the Site (local planning authority reference 21/AP/4297); “Application Energy Statement” means the document titled “Energy Strategy” dated 1 July 2022 prepared by JAW Sustainability; “Archaeology Contribution” means the sum of £6,778 (six thousand seven hundred and seventy-eight) Index linked to be paid by the Owner and/or the Developer to the Council in accordance with paragraph 1 of Schedule 3 and applied by the Council towards archaeological research, investigation and protection within the vicinity of the Site; “Base Specification” means in accordance with the following standards or if different the standards required by Building Regulations for wheelchair housing: (a) Clear door openings of at least 850mm; (b) Approach space inside the front door: sufficient space for transfer to a second wheelchair 1800mm by 1500mm;
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Affordable Workspace Lease means a lease of the Affordable Workspace (or relevant part thereof) granted in accordance with an Affordable Workspace Agreement for Lease; “Affordable Workspace Marketing Period” means a period of not less than 6 (six) months f rom the date the Affordable Workspace Marketing Strategy is f irst approved by the Council in writing unless if sooner all Affordable Workspace within the Development is the subject of an Affordable Workspace Agreement for Lease or Affordable Workspace Lease;
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Affordable Workspace Lease means every lease or licence entered into between the Owner and an Affordable Workspace Occupier and shall include but not limited to the following terms:
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Related to Affordable Workspace Lease

  • The Works/Project means the works to be executed or done under this contract.

  • Affordable housing project means, for purposes of this part, title fourteen of article twenty seven of the environmental conservation law and section twenty-one of the tax law only, a project that is developed for residential use or mixed residential use that must include affordable residential rental units and/or affordable home ownership units.

  • Affordable Rent means a rent which does not exceed eighty per centum (80%) of the market rent (inclusive of service charges) for an equivalent property of the relevant size and location such rent to be assessed and set in accordance with the applicable requirements of Legislation and of the Rent Standard;

  • Affordable Unit means a housing unit proposed or created pursuant to the Act and approved for crediting by the Court and/or funded through an affordable housing trust fund.

  • Water-oriented use means a use that is water-dependent, water-related, or water-enjoyment, or a combination of such uses.

  • Host Site means the site at which the Site Host Load is consumed, including real property, facilities and equipment owned or operated by the Site Host or its Related Entities located at such site.

  • Private Improvements means the improvements to be constructed on the Property that are not Public Improvements.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Digital audio-visual work means a series of related images which, when shown in succession, imparts an impression of motion, together with accompanying sounds, if any.

  • Home improvement contractor or "contractor" means a person who sells goods and services, or agrees to furnish or render services, to a retail buyer pursuant to a home improvement installment contract, or sells goods and services to a retail buyer pursuant to a home improvement charge agreement, but not in connection with construction of new homes.

  • Licensed site remediation professional means an individual

  • Affordable Housing Cost means an amount satisfied by:

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Affordable housing program(s means any mechanism in a municipal Fair Share Plan prepared or implemented to address a municipality’s fair share obligation.

  • Developer means the legal or beneficial owner or owners of a lot or of any land proposed to be included in a proposed development, including the holder of an option or contract to purchase, or other person having an enforceable proprietary interest in such land.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • The Works/ Project means the works to be executed or done under this contract.

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Home improvement contract means an oral or written

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Resort Site means those parts of Burswood Island as are-

  • Affordable housing means, unless the context clearly

  • Public works project means the erection, construction, alteration, repair, or improvement of any public structure, building, road, or other public improvement of any kind.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Clean coal technology demonstration project means a project using funds appropriated under the heading “Department of Energy—Clean Coal Technology,” up to a total amount of $2,500,000,000 for commercial demonstration of clean coal technology, or similar projects funded through appropriations for the Environmental Protection Agency. The federal contribution for a qualifying project shall be at least 20 percent of the total cost of the demonstration project.