Rent Scale definition

Rent Scale means the rent scale attached as Schedule F as amended by BC Housing from time to time.
Rent Scale means the rent scale attached as Schedule F to the Operating Agreement, which sets out the percentage rent (currently 30% of income) and calculations of rent for Deep Subsidy Units and Rent-Geared-to-Income Units, and as such schedule may be amended from time to time by BC Housing;

Examples of Rent Scale in a sentence

  • The Provider will calculate Resident Rent Contributions based on the Rent Scale.


More Definitions of Rent Scale

Rent Scale means the rent scale attached as Schedule G – Rent Scale as amended pursuant to this Agreement from time to time.
Rent Scale means the rent scale attached as Schedule F to the Operating Agreement, which sets out the percentage rent (currently 30% of income) and calculations of rent for RGI Units, and as such schedule may be amended from time to time by BC Housing; (t) “Residential Tenancy Act” means the Residential Tenancy Act, S.B.C. 2002, Chapter 78 together with all amendments thereto and replacements thereof; (u) “RGI Unit” means a Non-Market Unit occupied by an Eligible Tenant (RGI); (v) “Semi-Independent Units” means a Non-Market Unit that is designed to be occupied by a semi-independent person; (w) “Single Bedrooms” refers to a highly accessible bedroom suite; (x) “Tenancy Agreement” means a tenancy agreement, lease, license or other agreement granting rights to occupy a Non-Market Unit on a month-to-month basis or for a fixed term not exceeding twelve (12) months; (y) “Term” means the period commencing on the date of adoption of Housing Agreement (7415 Sussex Avenue) Bylaw 2023 (Bylaw No. ) and expiring sixty (60) years from the date of issuance of the final occupancy certificate for the Development; (z) “Vancouver Headline CPI” means the All-Items Consumer Price Index for Vancouver, B.C. published from time to time by Statistics Canada, or its successor in function; and (aa) “Zoning Bylaw” means the Burnaby Zoning Bylaw, 1965, and amendments thereto and re-enactments thereof.
Rent Scale means the rent scale attached as Schedule F to the Operating Agreement, which sets out the percentage rent (currently 30% of income) and calculations of rent for RGI Units, and as such schedule may be amended from time to time by BC Housing;

Related to Rent Scale

  • Rent as used in this Section 21 shall be deemed to be and to mean all sums of every nature required to be paid by Tenant pursuant to the terms of this Lease, whether to Landlord or to others. As used in Sections 21(c)(ii)(A) and (B), above, the “worth at the time of award” shall be computed by allowing interest at the Default Rate. As used in Section 21(c)(ii)(C) above, the “worth at the time of award” shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus 1%.