Vacancy factor definition

Vacancy factor means a cost component of the residential habilitation and intermediate care facility for individuals with intellectual disabilities rate intended to cover costs when a client is no longer in the setting, with no intent to return.
Vacancy factor shall equal 2% of the total rentable square feet of the Building. Annual Base Rent for years 6 - 10 will be [Annual Base Rent for year 5 minus $7.25 per rentable square foot ($5.50 in the Constant Use Area)] x 115% + $7.25 per rentable square foot ($5.50 in the Constant Use Area).
Vacancy factor means five percent (5%) of Gross Income. --------------

More Definitions of Vacancy factor

Vacancy factor means a cost component of the rate intended to cover costs when a client is no longer in the setting, with no intent to return.

Related to Vacancy factor

  • Capacity factor means the ratio of the average load on a machine or equipment for the period of time considered to the capacity rating of the machine or equipment.

  • Adjustment Factor means, with respect to a share of the Fund (or one unit of any other security for which a Fund Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Fund. See “—Anti-dilution Adjustments Relating to the Fund; Alternate Calculation —Anti-dilution Adjustments” below.

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are: