Average Rents definition

Average Rents or “AMR” means average monthly Toronto-wide rents by unit type as determined in the end-of-year survey of City-wide rents for the prior calendar year published by CMHC; if CMHC does not publish a survey of City-wide rents, then “Average Market Rents" for the calendar year shall be City-wide average rents as determined by the City acting reasonably;
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Average Rents means for a calendar year, the average monthly City-wide rents by unit type (size) as determined in the year end annual survey of City-wide rents for the prior calendar year published by Canada Mortgage and Housing Corporation (CMHC);
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Average Rents for any calendar year means average monthly City-wide rents by unit type for that calendar year as determined and published annually by CMHC; if CMHC does not publish an annual survey of City-wide rents for any calendar year, then “average rents” for that calendar year shall be City-wide average rents as determined by the Commissioner;
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Examples of Average Rents in a sentence

  • The EZ-RRD System analyzes the data for the Average Rents of Comparables, Average Value of Comparables, Unit to be Assisted Rent and Unit to be Assisted Value factors.

  • All rental developments must use this schedule to ensure compliance with both maximum and average rent charged by income tier.How to Calculate Maximum and Average Rents: The City’s affordable housing program does not, unless otherwise specified in development approval documents, dictate a specific rent an owner can charge.

  • The number of sessions we get each year at the annual meeting is tied to our membership, and thus it is important that we maintain our focus on recruitment and renewal.

  • Source: HUD FY2020 Fair Market Rent1.b. Subsidized and Average Rents by Bedroom Size at 30/50/60 Multifamily property level information including occupancy, rental cost and income restrictions data is collected and reported by ALN Apartment Data monthly.

  • Anecdotal reports to date suggest a 40% increase in the period from 2017 to 2021Table 12 - Average Rents in Rural Elgin County (2011-2016) (Source: Statistics Canada) Average Rent(2011) Average Rent(2016)PercentageChange (2011-2016) Total Inflation (2011-2016)Aylmer$723$800+11%6.8%Bayham$804$832+3%Central Elgin$791$948+20%Dutton Dunwich$762$837+10%Malahide$791$955+21%Southwold$787$1,012+29%West Elgin$598$619+4%Elgin County (excl.

  • The RTB Q4 2020 Rent Index 19,287TENANCIES REGISTERED in Q4 2020Standardised Average Rents Q4 2020*National€ 1,256 Dublin€1,745GDA** excl.

  • Average Rents($) and Number of Units in the Universe by Geography, Structure Size and Bedroom TypeUniverse: Private rental, structures of three units or more.

  • Most notable are the two-bedroom units which have increased by $164 or 25.4% since 2003.Figure 13: Private Apartment Average Rents ($) by bedroom Type, Winnipeg Source: CMHC, Rental Market Reports 2003-2009 Source: CMHC, Rental Market Reports 2003-2009 Housing Affordability In 2006, there were a total of 17,630 renter households that fell below the levels of CMHC’s concept of housing affordability (CMHC: Housing in Canada Online Database).

  • The objective of the course is to develop students’ ability to process and comprehend various kinds of authentic texts on their own, autonomously, to expand their vocabulary and produce written and spoken speech.

  • Hourly income required to pay Ottawa’s 2007 rentsThe MINIMUM HOUSING WAGE Unit SizeSOURCE: Calculation based on wages of a full time worker, 40 hours a week for 52 weeks, paying Ottawa’s 2007 Average Rents, and using CMHC’s definition of affordable housing as costing less than 30% of pre-tax income.


More Definitions of Average Rents

Average Rents or “AMR” means average monthly City-wide rents by bedroom type as determined in the autumn survey published by CMHC for the prior calendar year; if CMHC does not publish a survey of City-wide rents, then “average market rents” for the calendar year shall be City-wide average rents as determined by the City.
Sample 1
Average Rents for any calendar year means average monthly City-wide rents by unit type as determined in the annual survey of City-wide rents for the prior calendar year published by CMHC; if CMHC does not publish an annual survey of City-wide rents for the prior calendar year, then “average rents” for the calendar year shall be City-wide average rents as determined by the Commissioner;
Sample 1

Related to Average Rents

  • Lease Year means each consecutive twelve-month period beginning with the Commencement Date, except that if the Commencement Date is not the first day of a calendar month, then the first Lease Year shall be the period from the Commencement Date through the final day of the twelve months after the first day of the following month, and each subsequent Lease Year shall be the twelve months following the prior Lease Year.

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Anticipated county property tax revenue availability means the

  • Debt Service Coverage Ratio means a ratio for the applicable period in which:

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • EBITDAR means, for any applicable period, the consolidated net income or loss of a Person on a consolidated basis for such period, determined in accordance with GAAP, provided, however, that without duplication and in each case to the extent included in calculating net income (calculated in accordance with GAAP): (i) income tax expense shall be excluded; (ii) interest expense shall be excluded; (iii) depreciation and amortization expense shall be excluded; (iv) amortization of intangible assets shall be excluded; (v) write-downs and reserves for non-recurring restructuring-related items (net of recoveries) shall be excluded; (vi) reorganization items shall be excluded; (vii) any impairment charges or asset write-offs, non-cash gains, losses, income and expenses resulting from fair value accounting required by the applicable standard under GAAP and related interpretations, and non-cash charges for deferred tax asset valuation allowances, shall be excluded; (viii) any effect of a change in accounting principles or policies shall be excluded; (ix) any non-cash costs or expense incurred pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or agreement or any stock subscription or shareholder agreement shall be excluded; (x) any nonrecurring gains or losses (less all fees and expenses relating thereto) shall be excluded; (xi) rent expense shall be excluded; and (xii) the impact of any deferred proceeds resulting from failed sale accounting shall be excluded. In connection with any EBITDAR calculation made pursuant to this Agreement or any determination or calculation made pursuant to this Agreement for which EBITDAR is a necessary component of such determination or calculation, (i) promptly following request therefor, CEC shall provide Propco with all supporting documentation and backup information with respect thereto as may be reasonably requested by Propco, (ii) such calculation shall be as reasonably agreed upon between Propco and CEC, and (iii) if Propco and CEC do not agree within twenty (20) days of either party seeking to commence discussions, the same may be determined by arbitration in accordance with Section 4 hereof.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.

  • Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries, excluding amortization of debt discounts and deferred financing costs.