Open Market Housing Units definition

Open Market Housing Units means the Dwellings to be constructed in accordance with the Permission which are not Affordable Housing Units
Sample 1Sample 2Sample 3
Open Market Housing Units means the Residential Units comprised in the Total Housing Units which are not Affordable Housing Units;
Sample 1Sample 2
Open Market Housing Units means dwelling houses constructed pursuant to the Planning Permission which are not Affordable Housing Units“Plan”means the plan attached to this Deed with reference number“Planning Permission”means the full planning permission subject to conditions to be granted by the Council pursuant to the Application as set out in the First Schedule.“Planning Obligation”means those obligations contained in the Second Schedule and the Third Schedule to this Deed and reference to “Planning Obligation” shall be construed accordingly.“Protected Tenant”means any tenant or leaseholder who: (a) has exercised the right to acquire an Affordable Rented Unit or a Social Rented Unit (as the case may be) pursuant to the Housing Act 1996 or any statutory provision for the time being in force; or(b) has exercised any statutory right to buy an Affordable Rented Unit or a Social Rented Unit; or(c) purchased 100% of the equitable shares of a Shared Ownership Unit so that the said leaseholder or purchaser owns the Dwelling.“Public Open Space Contribution”means the sum of £75,000 (seventy five thousand pounds to be used towards the improvement and maintenance of Scott Park to provide off- site public open space to serve the residents of the Development and which shall be paid in accordance with Part 3 of the Second Schedule“Registered Provider”means a registered provider of social housing as defined in Part 2 of the Housing and Regeneration Act 2008 who is registered with the Regulator of Social housing pursuant to Chapter 3 of Part 2 of the said Act and has not been removed from the register pursuant to Section 118 or Section 119 of that Act and which is party to the District Council’s Joint Commissioning Partnership or if not a party to the District Council’s Joint Commissioning Partnership or if not a registered provider of social housing as defined in Part 2 of the Housing and Regeneration Act 2008 as otherwise agreed in writing by the Council (acting reasonably).“Regulator of Social Housing”means a body established under section 80A of the Housing andRegeneration Act 2008 (as amended) as the body responsible for the regulation of social housing providers in England and shall include any
Sample 1

More Definitions of Open Market Housing Units

Open Market Housing Units means the Residential Units comprising 250 Habitable Rooms which are to be sold or let on the open market and which are not Affordable Housing Units;
Sample 1
Open Market Housing Units means the dwellings to be constructed in accordance with the Permission which are not Affordable Housing Units.
Sample 1

Related to Open Market Housing Units

  • Affordable Housing Units – means the Affordable Housing to be provided as part of the development in accordance with the application and/or any subsequent reserved matters approval.

  • Black People is a generic term which means Africans, Coloureds and Indians;

  • Per Share Market Value means on any particular date (a) the last closing bid price per share of the Common Stock on such date on the OTC Bulletin Board or another registered national stock exchange on which the Common Stock is then listed, or if there is no such price on such date, then the closing bid price on such exchange or quotation system on the date nearest preceding such date, or (b) if the Common Stock is not listed then on the OTC Bulletin Board or any registered national stock exchange, the last closing bid price for a share of Common Stock in the over-the-counter market, as reported by the OTC Bulletin Board or in the National Quotation Bureau Incorporated or similar organization or agency succeeding to its functions of reporting prices) at the close of business on such date, or (c) if the Common Stock is not then reported by the OTC Bulletin Board or the National Quotation Bureau Incorporated (or similar organization or agency succeeding to its functions of reporting prices), then the average of the "Pink Sheet" quotes for the five (5) Trading Days preceding such date of determination, or (d) if the Common Stock is not then publicly traded the fair market value of a share of Common Stock as determined by an Independent Appraiser selected in good faith by the Majority Holders; provided, however, that the Issuer, after receipt of the determination by such Independent Appraiser, shall have the right to select an additional Independent Appraiser, in which case, the fair market value shall be equal to the average of the determinations by each such Independent Appraiser; and provided, further that all determinations of the Per Share Market Value shall be appropriately adjusted for any stock dividends, stock splits or other similar transactions during such period. The determination of fair market value by an Independent Appraiser shall be based upon the fair market value of the Issuer determined on a going concern basis as between a willing buyer and a willing seller and taking into account all relevant factors determinative of value, and shall be final and binding on all parties. In determining the fair market value of any shares of Common Stock, no consideration shall be given to any restrictions on transfer of the Common Stock imposed by agreement or by federal or state securities laws, or to the existence or absence of, or any limitations on, voting rights.

  • Multifamily housing means housing accommodations designed as a residence for more than 1 family.