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.