Common elements means all portions of the condominium other than the units.
General common elements means the common elements other than the limited common elements.
Management Fees means, with respect to each Project for any period, an amount equal to the greater of (i) actual management fees payable with respect thereto and (ii) three percent (3%) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project.
Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.
Mixed-use project means a project comprising both a qualified
Management Fee shall have the meaning set forth in Section 10(a).
Limited common element means a portion of the common elements allocated by the declaration or by operation of section 38-33.3-202 (1) (b) or (1) (d) for the exclusive use of one or more units but fewer than all of the units.
Parking Facility means a parking area or structure having
Installation Fee means charges payable by the Customer for the installation of the service as provided in the Order Form;
Common Facilities means those facilities located on Landlord’s Property which Landlord designates from time to time as “common facilities”, including, but not limited to, building systems, passenger elevators, materials dumb-waiters, pipes, ducts, wires, conduits, meters, HVAC equipment and systems, electrical systems and equipment and plumbing lines and facilities, cafeteria, showers, conference rooms, auditorium and video/telephone conferencing meeting facilities.
Equalized assessed value means the assessed value of a property divided by the current average ratio of assessed to true value for the municipality in which the property is situated, as determined in accordance with sections 1, 5, and 6 of P.L.1973, c.123 (C.54:1-35a through C.54:1-35c).
Impact Fees means cash contributions, contributions of land or interests in land or any other items of value that are imposed on a developer by a municipality under this section.
Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.
Public water system means a system for the provision of water for human consumption through pipes or other constructed conveyances that has 15 or more service connections or regularly serves at least 25 individuals daily at least 60 days out of the year.
Limited common elements means a portion of the common elements reserved in the master deed for the exclusive use of less than all of the co-owners.
Parking Facilities means parking lots or other off-street areas for the parking of vehicles, including areas below or above the surface of streets.
Stormwater runoff means water flow on the surface of the ground or in storm sewers, resulting from precipitation.