Stabilized Occupancy means percentage of stabilized portfolio properties (by count) that are occupied at the end of the period.
Stabilized Occupancy means the occupancy level that an income producing Property is expected to achieve after the property is exposed to the market for lease over a reasonable period of time and at comparable terms and conditions to other similar properties.
Stabilized Occupancy means, with respect to a Real Estate Asset under construction, the time when such Real Estate Asset has received a certificate of occupancy (or similar permit or approval).
Examples of Stabilized Occupancy in a sentence
After Stabilized Occupancy (as defined below), the Operating Reserve Account may be used to pay the operating costs and expenses to the extent the collected gross receipts are insufficient for such purpose.
More Definitions of Stabilized Occupancy
Stabilized Occupancy has the meaning specified in the definition of “Gross Asset Value”.
Stabilized Occupancy means Occupancy by Tenants accounting for 92% of the NRSF of the Project pursuant to Approved Leases.
Stabilized Occupancy means an average monthly occupancy for the Facility of at least ninety percent (90%) for three (3) consecutive months.
Stabilized Occupancy means occupancy of all four (4) of the Units for three (3) consecutive months.
Stabilized Occupancy means the point in time at which (x) ninety-five percent (95%) of the net rentable square footage of the FC Retail Unit has been leased to tenants pursuant to Approved Leases and said tenants are in possession of such space and have been paying rent for a period of three (3) months, and (y) ninety-five percent (95%) of the net rentable square footage of the FC Office Unit has been leased to tenants pursuant to Approved Leases and said tenants are in possession of such space and have been paying rent for a period of three (3) months.
Stabilized Occupancy means occupancy of ninety percent 90% or more of the Units for three (3) consecutive months.
Stabilized Occupancy means open for business for at least six (6) months, with no less than seventy percent (70%) average occupancy during the most recent six (6) months.