Hotel units definition

Hotel units means more than four residential unit ownership equivalents in a project that are owned, in whole or in part, directly, or indirectly through one or more intermediate entities, by one person or by a group of related persons if the person or group of related persons uses the residential units or parts thereof in connection with a business establishment primarily to provide lodging, camping, or personal care or health facilities to the general public predominantly on an overnight or weekly basis. "Hotel unit" means any residential unit included in hotel units. For purposes of this subparagraph (III):
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Hotel units means more than four residential unit ownership equivalents in a project that are owned, in whole or in part, directly, or indirectly through one or more intermediate entities, by one person or by a group of related persons if the person or group of related persons uses the residential units or parts thereof in connection with a business establishment primarily to provide lodging, camping, or personal care or health facilities to the
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Hotel units means more than four residential unit ownership equivalents in a project that are owned, in whole or in part, directly, or indirectly through one or more
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Examples of Hotel units in a sentence

  • Hotel units, motel units, and rooming units shall be arranged to provide privacy and be separate from other adjoining spaces.

  • These figures do not include accommodation associated with Hotel units or boats in the Marina Village District.

  • All guestrooms/unit keys shall be electronic and created by the operator upon each new occupancy to control the use of the individually owned Fractional Ownership Hotel units.

  • All individually owned Fractional Ownership Hotel units shall be rented at a rate similar to that chargedby the hotel operator for the traditional hotel rooms of a similar class or amenity level in the California coastal zone.

  • The current market has an apparent demand for a longer residency period for Apartment Hotel units.

  • Modify the last sentence such that it reads “Each of these respective unit totals may be adjusted up or down by 10% of the number shown in Table 1 without amendment to this Plan, as long as the total number of Resort Residential units within the Secondary Plan Area does not exceed 1,600 2,600 (not including Hotel units), in accordance with Section 8.6.1(c).

  • Nothing in the preceding sentence shall prohibit, on and after the effective date of adoption of this Section, the conversion of units in a Fractional Interest project or Condominium Hotel to Fractional Interest or Condominium Hotel units; provided that after any such conversion, the ratio of Fractional Interest and Condominium Hotel units does not exceed that required under the definition of “Limited Use Visitor Overnight Accommodations” in effect as of the date of approval of the project.

  • To the extent specific plaintiffs failed to file their claims within one year after―the violation‖ or within three years after the Hotel units were ―bona fide offered to the public,‖ their claims under Count II may be disregarded in the mediation and estimation process.9Finally, Count III alleges violations of the Florida Securities and Investor Protection Act (Fla.

  • A maximum of 2,600 resort residential units shall be permitted and a minimum of 400 resort Hotel units shall be required, the sum total of which shall not exceed 3,000 resort units.

  • Privacy: Hotel units, lodging units, and dormitory units shall be designed to provide privacy and be separate from other adjoining spaces.


More Definitions of Hotel units

Hotel units. MEANS MORE THAN FOUR RESIDENTIAL UNIT OWNERSHIP EQUIVALENTS IN A PROJECT THAT ARE OWNED, IN WHOLE OR IN PART, DIRECTLY, OR INDIRECTLY THROUGH ONE OR MORE INTERMEDIATE ENTITIES, BY ONE PERSON OR BY A GROUP OF RELATED PERSONS IF THE PERSON OR GROUP OF RELATED PERSONS USES
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Hotel units means each separately-keyed lodging unit in the Hotel as set forth on Exhibit C attached hereto, and “Hotel Unit” shall mean any of the foregoing; provided, however, that the term “Hotel Units” does not include 179 residential condominium units at the Condominium that are owned by third parties and are not part of the collateral for the Loan, including Residential Units 1826, 1910, 1912, 1915, 3214, 3801 and 3910 which are currently owned by the Joint Venture Group.
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Related to Hotel units

  • Partnership Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all partnership capital and interest in other partnerships), at any time owned by any Pledgor or represented by any Partnership Interest.

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

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Condominium unit A Single Family Property within a Condominium Project.

  • Operating Partnership Agreement means the Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Residential Unit means a home, apartment, residential condominium unit or mobile home, serving as the principal place of residence.

  • Private road or driveway means every way or place in private ownership and used for vehicular travel by the owner and those having express or implied permission from the owner, but not by other persons.