Long-Term Rentals definition

Long-Term Rentals means and include Rentals under a lease of real or personal property having an initial term (exclusive of renewal terms which are at the option of the lessee) in excess of twelve months.
Sample 1
Long-Term Rentals means the rental of a strata lot for a period of 30 days or greater; "Overnight Rentals" means the rental of a strata lot for a period of less than 7 days;
Sample 1
Long-Term Rentals means and include all fixed rents (including as such all payments which the lessee is obligated to make to the lessor on termination of the lease or surrender of the property) payable by the Company or any Subsidiary, as lessee or sublessee under a lease of real or personal property having an initial term (exclusive of renewal terms which are at the option of the lessee) in excess of twelve months, but shall be exclusive of any amounts required to be paid by the Company or any Subsidiary (whether or not designated as rents or additional rents) on account of maintenance, repairs, insurance, taxes and similar charges, all computed for the Company and its Subsidiaries on a consolidated basis. For purposes of any prospective calculations, fixed rents under any so-called "PERCENTAGE LEASES" shall be computed solely on the basis of the minimum rents, if any, required to be paid by the lessee regardless of sales volume or gross revenues.
Sample 1

Examples of Long-Term Rentals in a sentence

  • The total amount of discounts from the annual registration or renewal fee as described above shall not exceed $20.00., and t The minimum annual fee for registration or renewal of Long Term Rentals shall be $15.00 per unit, and the minimum annual fee for registration or renewal of Short Term Rentals shall be $80.00 per unit.(Ord.

  • Long Term Rentals, where the term of rental is 90 days or greater, may be submitted for publication in the MLS.

  • Under this Act, other persons can be recognized as registered beneficiaries of the Insured, notwithstanding the existence of a valid marriage between an insured person and another man or women.

  • Anecdotal discussion of Long Term Rentals converting to Short Term Rental is not uncommon.

  • Fishing can change an ecosystem through both direct and indirect effects.

  • It seems obvious that a bigger concern is ensuring Long Term Rentals are properly managed.

  • The Housing Stock (Total Housing Units, Assessed Parcels, SFR/MFR, Vactaion /Long Term Rentals, ADUs, year of build).2.

  • Long Term Rentals are at the discretion of the Parks and Recreation Department.

  • A special new RPT classification for Long Term Rentals was created by Ordinance 5159 passed on 12/4/20 and codified at MMC 3.48.305.A.12.

  • All Property Owners who rent their Properties as either Long Term Rentals or Short Term Rentals must register their Property with SIPOA for the Rental Registry prior to the first rental.

Related to Long-Term Rentals

  • Long-term lease means a lease term of at least 27.5 years for a residential resource or at least 31.5 years for a nonresidential resource.

  • Short-term rental means the provision of a room or space that is suitable or intended for occupancy for dwelling, sleeping, or lodging purposes, for a period of fewer than 30 consecutive days, in exchange for a charge for the occupancy.

  • Long-term care means the system through which the Department provides a broad range of social and health services to eligible adults who are aged, blind, or have disabilities for extended periods of time. This includes nursing homes and state hospitals (Eastern Oregon and Oregon State Hospitals).

  • Long-term inpatient care means inpatient services for

  • medium term expenditure framework ’ means a budgeting framework applied by the National Treasury which—

  • Long-term contract means a contract with a duration period exceeding one year;

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

  • Long-term means that the effect of the impairment has lasted or is likely to last for at least twelve months (there are special rules covering recurring or fluctuating conditions)

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Long-Term Debt means debt repayable over a period exceeding one year;

  • Long-term care services means the services admin- istered directly or through contract by the aging and disability services administration and identified in WAC 388-106- 0015.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Consolidated Rental Payments means, with reference to any period, all payments under all Operating Leases (including payments for leases which have been reserved against), net of any related income from subleases, in each case calculated for the Company and its Subsidiaries on a consolidated basis for such period.

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • Long-Term Rating means, for any entity (a) in the case of Moody’s, the long-term senior unsecured debt rating of such entity and (b) in the case of S&P, the long-term issuer credit rating of such entity.

  • Consolidated Rentals means, with reference to any period, the Rentals of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Rentals of a Person means the aggregate fixed amounts payable by such Person under any Operating Lease.

  • Long Term Occasional Teacher means an Occasional Teacher who is employed for more than ten (10) consecutive instructional days as a replacement for one teacher.

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Long-term care facility means a nursing home, retirement care, mental care, or other facility or institution that provides extended health care to resident patients.

  • Long-Term Indebtedness means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.

  • 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;

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Qualified long-term care services means services that meet the requirements of Section 7702(c)(1) of the Internal Revenue Code of 1986, as amended, as follows: necessary diagnostic, preventive, therapeutic, curative, treatment, mitigation and rehabilitative services, and maintenance or personal care services which are required by a chronically ill individual, and are provided pursuant to a plan of care prescribed by a licensed health care practitioner.

  • End of Term Extension means the time period defined in §2.D.