Eligible Renter definition

Eligible Renter means a household qualified by the administering agency, according to procedures established by the County, as meeting the requirements of this Chapter for the rental of affordable units.
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Eligible Renter means a family, individual, or unrelated persons living together whose gross annual income does not exceed 80% of Median Family Income.
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Eligible Renter means persons and families of low or moderate income as defined in California Health and Safety Code section 50093.
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Examples of Eligible Renter in a sentence

  • For the avoidance of doubt, where there is more than one willing Eligible Renter or Eligible Purchaser the preference shall be afforded in the following order of priority in terms of Local Connection: the Parish; Adjoining Rural Parishes the District.

  • The Eligible Renter must also do the following:• Report the loss to the police;• Permit us to inspect and appraise the damaged property before its repair or disposition; and• Do what is reasonably necessary after loss to protect the Rental Vehicle from further loss.• The Eligible Renter may choose to assign his or her benefits under this insurance program to the rental agency from which he or she rented the Rental Vehicle.

  • The Service Manager or its authorized delivery agent shall provide a monthly subsidy (Housing Allowance) to the Eligible Renter Household.

  • Upon the entry of the Interim Order, Borrower shall pay to Agent, for the ratable account of Lenders, an upfront fee in an amount equal to $41,000.

  • Coverage is extended to losses incurred by a person other than the Eligible Renter if that person is an authorized driver per the terms of the Rental Car Agreement.

  • See Exhibit 42.Exhibit 42: Ellensburg Income Eligible Renter Households and Income-Restricted Affordable Housing Units.

  • No person or entity other than the Eligible Renter has any legal or equitable right, remedy or claim for insurance proceeds and/ or damages under or arising out of this coverage.

  • The Eligible Renter must report the claim within sixty (60) days from the date of loss or the claim may not be honored (not applicable to residents of certain states, a list of which is on file with the Administrator).

  • For rentals to Eligible Renters for leisure use, the Eligible Renter shall be responsible pursuant to the terms and conditions of the Rental Contract for all third party claims for property damage, bodily injury or death resulting from the use or operation of any vehicle.

  • Notwithstanding any such arrangement, the Service Manager shall remain in possession and control of all Rent Supplement and/or Housing Allowance Funding until such funds are advanced to or on behalf of an Eligible Landlord in connection with the provision of Rent Supplements for an Eligible Unit and/or Housing Allowances to Eligible Renter Households, and shall remain directly responsible to the Minister under and for the performance of this Schedule.


More Definitions of Eligible Renter

Eligible Renter means a Low Income Household that receives a Certificate of Eligibility certifying that the potential renter complies with the conditions of this Covenant and Agreement.
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Eligible Renter means All Authorized Cardholders with Eligible Accounts in good standing to whom a credit or debit card is issued from a U.S. Financial Institution for consumer or business credit purposes, and who has agreed with the card issuer to pay consumer or business credit obligations arising from the issuance of the credit or debit card. An Authorized Cardholder is further defined as any person with a MasterCard which meets the definition of an Eligible Account, as defined above, and whose name is embossed on the card and his or her spouse. The entire rental transaction must be charged to an Eligible Account and Eligible Renter must be named as the Primary Driver on the Rental Car Agreement. Coverage is extended to losses incurred by a person other than the Eligible Renter if that person is an authorized driver per the terms of the Rental Car Agreement. No person or entity other than the Eligible Renter described shall have any legal or equitable right, remedy or claim or insurance proceeds and/or damages under or arising out of this coverage.
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Eligible Renter means an existing private or social tenant or tenants without sufficient combined current savings to purchase a home in the local area and whose Household Income at the date of renting the relevant London Living Rent Housing Unit or Discounted Market Rent Housing Unit (as appropriate) does not exceed the relevant upper limit specified in the latest London Plan Annual Monitoring Report such amount at the date of this Deed being £[66,000]14 and who meets the other criteria (if any) specified in the latest London Plan Annual Monitoring Report;
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Eligible Renter means a person of low- or moderate income who receives property under lease from the Qualifying Grantee and who meets the criteria specified in NMSA 1978, § 6-27-3(K)(1) and who is an individual who is qualified to receive assistance pursuant to the Act and who is approved by NMMFA and the Town to receive assistance under the Town's Ordinances.
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Eligible Renter means an individual who meets income and other requirements as defined in 24 CFR Part 92.
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Related to Eligible Renter

  • Eligible revenue means the property tax increment and any

  • Eligible Real Property means the real property listed on Schedule 1.01(a) owned by a Loan Party (i) that is located in the United States of America and is acceptable to the Agent in its Permitted Discretion for inclusion in the Borrowing Base, (ii) in respect of which an appraisal report has been delivered to the Agent in form, scope and substance satisfactory to the Agent in its Permitted Discretion, (iii) in respect of which the Agent is satisfied that all actions necessary or desirable in order to create perfected first priority Lien on such real property have been taken, including the presentation or delivery of the Mortgage to a title insurance company for recording, provided that the title insurance company has issued its title insurance policy to the Agent pursuant to clause (v) below in a New York style closing, (iv) in respect of which a Phase I environmental review report has been completed and delivered to the Agent in form and substance satisfactory to the Agent in its Permitted Discretion and which does not indicate any pending, threatened or existing Environmental Liability, or non compliance with any Environmental Law (except to the extent that Reserves for any such Environmental Liability deemed adequate by the Agent in its Permitted Discretion exist), (v) which is adequately protected by fully-paid valid title insurance with endorsements and in amounts acceptable to the Agent, insuring that the Agent, for the benefit of the Lenders, has a perfected first priority Lien on such real property, evidence of which shall have been provided in form and substance satisfactory to the Agent in its Permitted Discretion, and (vi) if required by the Agent: (A) an ALTA survey reasonably acceptable to the Agent and the title insurance company has been delivered for which all necessary fees have been paid and which is dated no more than 90 days prior to the date on which the applicable Mortgage is executed and delivered to a title insurance company for recording, certified to Agent and the issuer of the title insurance policy in a manner satisfactory to the Agent in its Permitted Discretion by a land surveyor duly registered and licensed in the state in which such Eligible Real Property is located and acceptable to the Agent in its Permitted Discretion; (B) in respect of which local counsel in states in which the Eligible Real Property is located have delivered a letter of opinion with respect to the enforceability and perfection of the Mortgages and any related fixture filings in form and substance satisfactory to the Agent in its Permitted Discretion; and (C) in respect of which such Loan Party shall have used its reasonable best efforts to obtain estoppel certificates executed by all tenants of such Eligible Real Property and such other consents, agreements and confirmations of lessors and third parties have been delivered as the Agent may deem necessary or desirable in its Permitted Discretion, together with evidence that all other actions that the Agent may deem necessary or desirable in order to create perfected first priority Liens on the property described in the Mortgages have been taken.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • concessionary payment means a payment made under arrangements made by the Secretary of State with the consent of the Treasury which is charged either to the National Insurance Fund or to a Departmental Expenditure Vote to which payments of benefit or tax credits under the benefit Acts or the Tax Credits Act 2002 are charged;

  • Eligible Real Estate means Real Estate:

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Eligible area means a distressed area, a labor surplus area, an inner city area, or a situational distress area.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Percentage Rent As defined in Subsection 3.1(b).

  • Affordable Rent means a rent which does not exceed eighty per centum (80%) of the market rent (inclusive of service charges) for an equivalent property of the relevant size and location such rent to be assessed and set in accordance with the applicable requirements of Legislation and of the Rent Standard;

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Eligible Ground Lease means a ground lease that (a) has a minimum remaining term of twenty-five (25) years, including tenant controlled options, as of any date of determination, (b) has customary notice rights, default cure rights, bankruptcy new lease rights and other customary provisions for the benefit of a leasehold mortgagee or has equivalent protection for a leasehold permanent mortgagee by a subordination to such leasehold permanent mortgagee of the landlord’s fee interest, and (c) is otherwise acceptable for non-recourse leasehold mortgage financing under customary prudent lending requirements. The Eligible Ground Leases as of the date of this Credit Agreement are listed on Schedule EG.

  • Lease Rentals means, for any period, the aggregate amount of fixed rental or operating lease expense payable by the Company and its Restricted Subsidiaries with respect to leases of real and personal property (excluding Capital Lease Obligations) determined in accordance with GAAP.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Eligible Vehicle means a motor vehicle that:

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Rent means “eligible rent” to which regulation 12 of the Housing Benefit (Persons who have attained the qualifying age for state pension credit) Regulations 2006 refer, less any deductions in respect of non-dependants which fall to be made under paragraph 30 (non-dependant deductions);

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

  • Eligible Retiree means a retired employee of the GROUP who is receiving retirement benefits from GROUP and is entitled to Medicare part A and enrolled in Medicare part B. If this Agreement includes Group Plan 65, an Eligible Retiree who selects Group Plan 65 shall be eligible as an individual. Such Eligible Retiree shall not be deemed to have any dependents who can select Group Plan 65.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Eligible Receivable means, at any time, a Receivable:

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.