Available Unit definition
Examples of Available Unit in a sentence
As soon as practicable, but in any event within thirty (30) days after the Company determines that there will be any Available Units, the Company will deliver written notice (the "Option Notice") to the Investors setting forth the number of Available Units and the price for each Available Unit.
The unit occupied by such tenants whose aggregate Gross Income exceeds such applicable income limit shall continue to be treated as a Low Income Unit for purposes of the 40% requirement of Section 4(a) hereof unless and until an Available Unit of comparable or smaller size is rented to persons other than Low Income Tenants.
As soon as practicable, --------------- but in any event within thirty (30) days after Holdings determines that there will be any Available Units, Holdings or ACR Management will deliver written notice (the "Option Notice") to Bain/ACR setting forth the number ------------- of Available Units and the price for each Available Unit.
As soon as practicable after the Company has determined that there shall be Available Units, but in any event within 210 days after the Termination Date, the Company shall deliver written notice (the “Option Notice”) to MDCP setting forth the number of Available Units and the price for each Available Unit.
As soon as practicable, but in any event within thirty ---------------- (30) days after the Company determines that there will be any Available Units, the Company will deliver written notice (the "Option Notice") to the ------------- Investors setting forth the number of Available Units and the price for each Available Unit.
As soon as practicable, but in any event within thirty (30) days after the Company determines that there will be any Available Units, the Company will deliver written notice (the “Option Notice”) to the Investors setting forth the number of Available Units and the price for each Available Unit.
The unit occupied by such Tenants whose aggregate Adjusted Income exceeds such applicable income limit shall continue to be treated as occupied by a Tenant satisfying the applicable income limit for such Restricted Unit for purposes of the requirements of Section 4(a) hereof unless and until an Available Unit of comparable or smaller size is rented to persons other than a Tenant satisfying the applicable income limit for such Restricted Unit.
As soon as practicable, but in any event within thirty (30) days ----- after the Company determines that there will be any Available Units, the Company or General Partner will deliver written notice (the "Option ------ Notice") to the Investor setting forth the number of Available Units and ------ the price for each Available Unit.
Because all of the units in the Project are required to be Restricted Units pursuant to Section 4(a) hereof, any Available Unit not required to be rented to an Existing Tenant must be rented to or held vacant for a Very Low-Income or Low-Income Tenant, as applicable.
The unit occupied by such tenants whose aggregate Gross Income exceeds such applicable income limit shall continue to be treated as a Low Income Unit or Very Low Income Unit for purposes of the requirements of Section 4(a) hereof unless and until an Available Unit of comparable or smaller size is rented to persons other than Low Income Tenants or Very Low Income Tenants, respectively.