Occupancy Charge definition

Occupancy Charge means funds collected from a Tenant(s) for a particular Rental Unit with no attached mortgage, that are segregated from all other Band funds and used to cover services, maintenance, upkeep and to fund an ongoing replacement reserve for that particular rental unit.
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Occupancy Charge means the monthly housing charge paid by non-Assisted Households.
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Occupancy Charge means the amount due by the member to the Co-op on a monthly basis on account of occupancy of the site and as determined by the Co-op under the Occupancy Agreement;
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Examples of Occupancy Charge in a sentence

  • A New Account Setup Fee (or Occupancy Charge) covers the cost of setting up a new account and performing the final meter reading when an account is closed.

  • If the Assisted Household refuses to move, the Housing Provider is required to apply an Over-Housing Charge, calculated using the difference between the Occupancy Charge for the current unit and the Occupancy Charge for the unit they are eligible for under the National Occupancy Standards.

  • The monthly Rent-Geared-to-Income Housing Charges payable by the Assisted Households to the Housing Provider shall be in accordance with the guidelines set out in Schedule “D” to this Agreement provided, however, that the monthly amount charged to any Assisted Household does not exceed the Occupancy Charge as established from time to time by the Housing Provider.

  • A Minimum Occupancy Charge must be factored into the Rental Assistance calculation.

  • The minimum Occupancy Charge used is twenty-five percent (25%) of the Occupancy Charge.

  • Finally, this amount is compared to the minimum Occupancy Charge to determine the amount of Rental Assistance.

  • The Housing Provider will not discriminate against the Assisted Household on the basis that it is paying a Rent-Geared-to-Income Housing Charge and will set the Occupancy Charge at the same level for comparable non-Assisted Units and Assisted Units.

  • The minimum Occupancy Charge used is twenty-five percent (25%) of the Occupancy Charge for the purposes of this calculation.

  • The Student will pay to AI, without notice, setoff, or deduction, an Occupancy Charge per quarter under this Agreement as set forth below.

  • Sharing owners are not provided with a repairs service and this is reflected in the calculation of the Occupancy Charge.


More Definitions of Occupancy Charge

Occupancy Charge at settlement as follows:
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Occupancy Charge is defined in paragraph 19;
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Related to Occupancy Charge

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Access Charge has the meaning set out in Clause 6.1;

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Occupancy Agreement means a written agreement entered into between an assisted living program and a tenant that clearly describes the rights and responsibilities of the assisted living program and a tenant, and other information required by rule. “Occupancy agreement” may include a separate signed lease and signed service agreement.

  • Tenant’s Share means the percentage set forth in Section 6 of the Summary.

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

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

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

  • Occupancy Rate means, with respect to a Property at any time, the ratio, expressed as a percentage, of (a) the number of units in the case of an multifamily Property or square feet in the case of any other Property leased to tenants that are not affiliated with the Borrower pursuant to binding leases to (b) the aggregate number of units or square feet, as applicable, of such Property.

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Parking Charge means the charge paid by drivers to leave a vehicle in a parking place;

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located.

  • bicycle parking space – occupant means an area that is equipped with a bicycle rack, locker or bicycle stacker for the purpose of parking and securing bicycles, and:

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • 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.

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

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • bicycle parking space – visitor means an area that is equipped with a bicycle rack for the purpose of parking and securing bicycles, and: