Turnover Period definition

Turnover Period means the time required to recirculate a volume of water equivalent to the water volume of the pool through the filtration system.

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Turnover Period means a period of one year falling within the Term and ending on and including a Year End but: the first Turnover Period will be the period starting on [the Rent Commencement Date] and ending on the Year End that follows or if that Year End is less than [three] months after the commencement of the first Turnover Period, ending on the second following Year End; and the last Turnover Period will be the period starting on the day after the last Year End before the Turnover End Date and ending on the Turnover End Date;

Turnover Period is the period of time when Properties are vacant after one group of tenants has moved out, but before new tenants have moved in.

Examples of Turnover Period in a sentence

• The Landlord may require that an audit of the Records relating to the current Turnover Period or any of the two preceding Turnover Periods is carried out by a professionally qualified accountant appointed by the Landlord.

• The Tenant must ensure that the Annual Turnover Certificate states as accurately as the Tenant is reasonably able to do so the amount of the Turnover during the relevant Turnover Period.

• If, as a result of an audit under paragraph 10.1, it is established that the Turnover for any Turnover Period has been understated by more than 2% then the cost of the audit will be borne by the Tenant.

• On receipt of an Annual Turnover Certificate, the Landlord must calculate the Turnover Rent for the Turnover Period and serve on the Tenant a demand for any balance due taking into account all On-Account Payments made in respect of the relevant Turnover Period.

• If, as a result of an audit under paragraph 10.1 of this Part of the Schedule, it is established that the Turnover for any Turnover Period has been understated by more than 2% then the cost of the audit will be borne by the Tenant.

More Definitions of Turnover Period

Turnover Period means each period of one year commencing on the Rent Commencement Date and the Broken Turnover Period;

Turnover Period means a consecutive period of twelve (12) months during the Term commencing on the date immediately following a Year End Date and ending on the next following Year End Date except that the last Turnover Period may be a period shorter than twelve (12) months commencing on the day after the last Year End Date before the End Date and ending on the End Date; Year End Date means 24 December;

Turnover Period. A sixty (60) day-time period from date of termination or cancellation wherein a Member may no longer write pawn loans, loan renewals are prohibited, the Member’s loan book, and any and all related documents are turned over to Ballistics.

Turnover Period. Refers to the period of time when Properties are vacant after one group of tenants has moved out, but before new tenants have moved in. ◦ Certificate of Compliance or CofC: Refers to the rental license required by a City or Township in order to legally lease a property or unit.

Turnover Period means each period of twelve (12) months from [1 April to 31 March] with the first turnover period commencing on [1 April 20[●]] and the last period terminating on [31 March] of the year in which the Expiry Date or Termination Date falls as the case may be;

Turnover Period means each period of one calendar month commencing on the first day of the Term.

Turnover Period has the meaning set forth in Section 6.2.