Secured Rental Unit definition

Secured Rental Unit means, the Dwelling Units designated as such under section 2.2 of this Agreement;
Secured Rental Unit means a Dwelling Unit that is occupied by a Tenant;
Secured Rental Unit means any of the Dwelling Units to be constructed on the Lands;

Examples of Secured Rental Unit in a sentence

  • Upon the payment of a Release Payment, Lender shall amend Exhibit C and shall do all things necessary to release the Secured Rental Unit as Collateral.

  • Lender may accept or reject any Secured Rental Unit proposed as Collateral by Borrower in its sole and absolute discretion.

  • Any disagreement regarding the value of a Secured Rental Unit shall be resolved by Lender, in its reasonable discretion.

  • The value of a Secured Rental Unit shall be Borrower’s net book value, provided it does not exceed 125% of NADA Base Value.

  • The audit identified seven weakness- es in the District’s internal controls over financial reporting including three material weaknesses: DISD did not have adequate systems to retain and retrieve records, track and report the receipt and expenditure of cost sharing, and account for participant support costs.

  • If a Secured Rental Unit is demolished or destroyed prior to the expiration of the Term applicable to such Secured Rental Unit, the Term applicable to such unit will be suspended until an additional Dwelling Unit is constructed on the Lands, at which point the Term will continue and such newly constructed Dwelling Unit will be a Secured Rental Unit subject to the terms of this Agreement for the remainder of the applicable Term.

  • ARTICLE 3 USE OF SECURED RENTAL UNITS3.1 Use of Secured Rental Units – The Owner and the Lessee agree that each Secured Rental Unit may only be used as a residence occupied by a Tenant who is Eligible.3.2 Tenant Screening and Records – The Owner and the Lessee covenant and agree with the City as follow: a.

  • Doe Nursing 21-7 20.0 45,140 45,140 50% F742N 10 hours F684N 10 hours 20 hours Community Health Educator II J.

  • The Owner agrees that no Secured Rental Unit will be rented to or occupied by any person for a term of less than 30 consecutive days.

  • Secured Rental Unit Size and Numbers of Bedrooms Councillor Bligh inquired if Council could receive information on unit size as related to livability as defined in the zoning and development by-law, and also requested information on the proportion of units Council is seeing that are studios versus 1, 2 or 3 bedrooms, and how that trend has changed over the past four years, specifically for Purpose Built Rental applications approved by Council at Public Hearing.


More Definitions of Secured Rental Unit

Secured Rental Unit means a Dwelling Unit designated as such in accordance with a building permit and/or development permit issued by the District and/or, if applicable, in accordance with any rezoning consideration applicable to the development on the Lands and includes, without limiting the generality of the foregoing, the Dwelling Unit charged by this Agreement;

Related to Secured Rental Unit

  • Rental unit means a structure or part of a structure used as a home, residence, or sleeping unit by a single person or household unit, or any grounds, or other facilities or area promised for the use of a residential tenant and includes, but without limitation, apartment units, boarding houses, rooming houses, mobile home spaces, and single and 2-family dwellings.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

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

  • Additional Rental has the meaning set forth in Section 4.03.

  • Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.

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

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Base Rent As defined in Section 3.1.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • 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.

  • Additional Rent means any and all amounts, other than Basic Rent, required to be paid by the Tenant under this Lease, whether or not same are designated “Additional Rent” or whether or not the same are payable by Landlord;

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Supplemental Rent means all amounts, liabilities and obligations (other than Basic Rent) which the Lessee assumes or agrees to pay to the Lessor, the Trust Company, the Holders, the Agent, the Lenders or any other Person under the Lease or under any of the other Operative Agreements including without limitation payments of the Termination Value and the Maximum Residual Guarantee Amount and all indemnification amounts, liabilities and obligations.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

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

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

  • Gross Rents means the actual sum of money or other consideration payable for the use or possession of property. "Gross rents" shall include, but not be limited to:

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Annual Rent means the amount payable by Tenant to Landlord in respect of each year of the Term under Article 4.01.

  • 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%.