Initial Occupancy definition

Initial Occupancy means when a new tenant occupies a Unit regardless of whether it was previously rented;
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Initial Occupancy means:
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Initial Occupancy means the first night a person pays for the use or possession of or for the right to the use or possession of a room or space at the Headquarters Hotel or, if the Headquarters Hotel is not constructed by January 1, 2017, the hotel constructed by the Company under Section 4(a) of the Lease, whichever occurs first.
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Examples of Initial Occupancy in a sentence

  • Increase in Household Income after Initial Occupancy of LIHTC Units.

  • If consistent with the state’s disclosure rules, similar access to the workpapers for the compliance monitoring review can be helpful to owners; e.g., clarifying facts or preparing relevant evidence to resolve issues.Chapter 4 Category 11a‌Household Income Above Income Limit upon Initial Occupancy Definition This category is used to report units that have been rented to households with incomes that do not meet income eligibility restrictions.

  • Buyer shall transfer all utilities into Buyer’s name and be solely responsible therefore and the Buyer shall hold Seller harmless from all charges after Buyer’s Initial Occupancy Date.

  • CHA Leaseholder Housing Choice and Relocation Rights Contract 10/1/99 and the CHA Relocation Rights Contract for Families with Initial Occupancy after 10/1/99 (the Contract) will apply only to families as defined and covered in the General Purpose Section of the Contract.

  • Upon initial occupancy of a completed Supportive Housing Project, the Recipient shall obtain and validate from each Proponent, the Project Initial Occupancy Report, as described in Schedule “D”, and submit it to the Province.

  • Budgets are required for all occupied developments even if not yet financially closed into "management." This period of occupancy, prior to the closing from development into management, is called Initial Occupancy Period (IOP).

  • The interview is also used as a vehicle to provide information about the application and verification process, as well as to advise the family of other FH services or programs for which the family may be available.Applicants will be required to complete an Application for Initial Occupancy packet which may be mailed to the applicant in advance to complete.Being invited to attend an interview does not constitute admission to the program.

  • Affirmative Fair Housing Marketing Plan: Plan Type: Choose an item.NOTE: If Amended is selected in question 2a(1), answer questions 2–5 below; if New, proceed to 2bDate of the first Approved AFHMP: Enter DateReason(s) for current update:Click here to enter text.Date of Initial Occupancy: Enter Date Are you seeking to remarket the project?☐ YES.

  • Authorities frequently need assistance in formulating IOP (Initial Occupancy Period) budgets and often ask what level of non-utility costs is typical for c.667, c.

  • Assisted units must be leased to qualified households who must disclose their annual household income at initial occupancy on an Initial Occupancy Statement by Tenant form (other, more detailed income certification forms may be acceptable).


More Definitions of Initial Occupancy

Initial Occupancy means for the purposes of the Program, after the Project is Placed into Service, at least ninety percent (90%) of the Development is occupied within 12 months of the Project Completion date.
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Initial Occupancy means the date on which fifty percent (50%) of the units of the Project are initially occupied.
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Initial Occupancy means the period beginning with the date on which the developer is granted permission by the local government to begin occupancy and ending on the date 95 percent occupancy is attained.
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Initial Occupancy means the first night a person pays for the use or possession of or for the right to the use or possession of a room or space at the Hotel Project.
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Related to Initial Occupancy

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Child-occupied facility means a building or portion of a building constructed prior to 1978, visited regularly by the same child, age six years or younger on at least two different days within any week (Sunday through Saturday period), provided that each day’s visit lasts at least three hours and the combined weekly visit lasts at least six hours, and the combined annual visits last at least 60 hours. Child-occupied facilities may include, but are not limited to, day-care centers, preschools and kindergarten classrooms.

  • Owner-occupied means property that is the principal

  • Certificate of Occupancy means a certificate of occupancy, governmental sign-off or other document, permit or approval (whether conditional, unconditional, temporary or permanent) which must be obtained by Landlord from the appropriate governmental authority as a condition to the lawful initial occupancy by Tenant of the Expansion Space that is the subject of the Work.

  • Expansion Space means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.

  • Occupancy means the use or intended use of a building or part thereof for the shelter or support of persons, animals or property.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;

  • Authorized occupant means a person entitled to occupy a dwelling unit with the consent of the

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Own Occupation means your occupation that you were performing when your Disability or Partial Disability began. For the purposes of determining Disability under this plan, Liberty will consider your occupation as it is normally performed in the national economy.

  • Unoccupied means the dwelling is not being inhabited as a residence.