Commercial Space definition

Commercial Space means any nonresidential space located in or on the property of a Rental Housing Development that is, or is proposed to be, rented or leased by the owner of the Project, the income from which shall be included in Operating Income.

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Commercial Space means any commercial space and/or any other covered space in the Commercial Building which is meant for shop/retail/commercial/office use and is capable of being exclusively occupied, used and/or enjoyed by any Unit Allottee for such commercial purpose as may be permitted by the Promoter;

Commercial Space. OR “Lease Space” means commercial space of approximate

Examples of Commercial Space in a sentence

• Borrower shall establish and implement a rent structure and operations budget for non-Assisted Units and/or Commercial Space, as applicable, which ensures the Fiscal Integrity of the Development.

• Borrower shall estimate all income and expenses attributable to the non-Assisted Units and, if applicable, Commercial Space, in the annual operating budget described in paragraph 15 herein, and shall report all income and expenses attributable to non-Assisted Units and Commercial Space in the annual report described in paragraph 17 herein.

• Borrower shall maintain all Residential Units, common areas and Commercial Space in a safe and sanitary manner in accordance with local health, building, and housing codes and the Management Plan described below.

• By signing this Agreement, the undersigned agrees to abide by the Commercial Space & Concessions Program Handbook.

• Types of Commercial Space (3) There are three (3) main categories of commercial property: 1.

More Definitions of Commercial Space

Commercial Space means any nonresidential space located in or on the property of an Affordable Housing Development that is, or is proposed to be, rented, or leased by the owner of the Project and that is or will be used to serve clients or customers. The income from the Commercial Space shall be included as Operating Income.

Commercial Space means any area in a residential development that is leased or intended to be leased to an entity and generates or will generate rental income to the project Owner. AHP funds cannot be used to pay for development costs associated with this space.

Commercial Space shall have the meaning set forth in 25 CCR Section 8301(c).

Commercial Space means scheduled commercial spaces namely the Specified Area as per schedule I at New Delhi Metro Station on Airport Express Line of DMRC network for commercial development & utilization on license basis by DMRC to the licensee under and in accordance with this License Agreement.

Commercial Space means buildings that are used for commercial purposes, including office buildings, retail buildings, and restaurants.

Commercial Space means any portion of a structure in the Central Business District that is not intended for residential use.

Commercial Space. OR “Lease Space” means commercial space of approximate 235.50Sqm at Cover Level of Chhoti Chaupar Metro Station near art gallery (Jaipur Metro) as indicated in Annexure-2 of RFP Document.