Available Unit definition

Available Unit means a Unit where the Unit’s construction has been completed in accordance with applicable brand standards and becomes available for occupancy by timeshare owners.
Available Unit means a unit in an available status and within the specified estimated time of arrival for the applicable call (if any) from the incident as stated below and with the appropriate unit capabilities based upon the incident at issue, provided that if the applicable Automatic Aid Addendum between the applicable Parties in the incident at issue provides a broader definition of Available Unit, that broader definition shall apply for that incident. The following phases shall proceed in order, commencing with Phase 1, and proceeding to the next phase one calendar year later unless the Fire Chiefs’ Association of Broward County (FCABC), Inc. approve in writing an earlier or delayed progression to the next phase.
Available Unit means a Unit (except for any Unit reserved for any resident manager, security personnel or maintenance personnel that is reasonably required for the Project) that has been leased at least once after becoming available for occupancy; provided that (a) a residential unit that is unoccupied on the later of (i) the date the Project is acquired by the Borrower or (ii) the Closing Date is not an “Available Unit” and does not become an “Available Unit” until it has been leased for the first time after such date, and (b) a residential unit that is not available for occupancy due to renovations is not an “Available Unit” and does not become an “Available Unit” until it has been leased for the first time after the renovations are completed.

Examples of Available Unit in a sentence

  • Available Unit Rule / 140% RuleFor projects which include market rate units, the Available Unit Rule and the 140% Rule do not apply during the additional use period.

  • 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.

  • If during their tenancy a Qualifying Tenant’s income exceeds one hundred forty percent (140%) of the maximum income qualifying as low or moderate income for a family of its size, the next available unit (determined in accordance with the Code and applicable regulations) (the “Next Available Unit Rule”) must be leased to a Qualifying Tenant or held vacant and available for occupancy by a Qualifying Tenant.

  • Voucher holders will be notified at their briefing session that AHA periodically updates the Available Unit Listing and how the unit listing may be obtained.

  • 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.

  • The vacated unit assumes the status the newly occupied unit had immediately before the current resident occupied it.• Available Unit Rule (AUR) applies on a building basis for ALL projects regardless of owner election on 8609 Part II, #8b.

  • 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.

  • When this occurs, the 140% Rule or Next Available Unit Rule goes into effect.

  • The Next Available Unit Rule applies separately to each building in a project containing more than one low-income building and is administered differently depending on whether the project has market rate units.


More Definitions of Available Unit

Available Unit means a residential unit that is actually occupied and a residential unit that is unoccupied and has been leased at least once after becoming available for occupancy.
Available Unit means, in each hour, a generating unit owned by the City of Medicine Hat that is physically capable of generating electric energy in that hour
Available Unit means a residential unit that is actually occupied and a residential unit that is unoccupied and has been leased at least once after becoming available for occupancy, provided that (a) in the case of an acquisition of an existing residential rental project, a Dwelling Unit that is unoccupied on the later of (i) the date the project is acquired or (ii) the earliest issue date of bonds issued to finance the acquisition of the project, under Section 142(d) of the Code, is not an “Available Unit” and does not become an “Available Unit” until it has been leased for the first time after such date, and (b) a Dwelling Unit that is not available for occupancy due to renovations is not an “Available Unit” and does not become an “Available Unit” until it has been leased for the first time after the renovations are completed.
Available Unit means a unit in an available status and within the specified estimated time of arrival for the applicable call (if any) from the incident as stated below and with the appropriate unit capabilities based upon the incident at issue, provided that if the applicable Automatic Aid Addendum between the applicable Parties in the incident at issue provides a broader definition of Available Unit, that broader definition shall apply for that incident. The following phases shall proceed in order, commencing with Phase 1, and proceeding to the next phase one calendar yearlater unless the Fire Chiefs’ Association of Broward County (FCABC), Inc. approve in writing an earlier or delayed progression to the next phase. PhaseETA to IncidentDates of PhasePhase 12 MinutesCommencement until December 31, 2021Phase 24 MinutesJanuary 1, 2021 until December 31, 2022Phase 38 MinutesJanuary 1, 2022 until December 31, 2023Phase 4No time limitationJanuary 1, 2024 and thereafter
Available Unit means a unit in available status within a specified estimated time of arrival from the incident and with the appropriate unit capabilities based upon the incident at issue.

Related to Available Unit

  • Eligible Unit means, at the Cut-Off Date, a Unit:

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.