Secured Rental Unit definition

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

Examples of Secured Rental Unit in a sentence

  • This Agreement, and any documents signed by the Owner contemplated by this Agreement, represent the whole agreement between the City and the Owner respecting the use and occupation of the Secured Rental Unit, and there are no warranties, representations, conditions or collateral agreements made by the City except as set forth in or contemplated by this Agreement.

  • 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 Owner agrees that no Dwelling Unit on the Lands shall be used or occupied except as a Secured Rental Unit.

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

  • 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.

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

  • 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.

  • A Secured Rental Unit shall only be used or occupied by and rented to a Tenant via a Tenancy Agreement.

  • 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.


More Definitions of Secured Rental Unit

Secured Rental Unit means any of the Dwelling Units to be constructed on the Lands;

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 Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • 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.

  • Rent means Basic Rent and Supplemental Rent, collectively.