Vacant Unit definition
Examples of Vacant Unit in a sentence
At Closing, Purchaser shall receive a credit against the Purchase Price in the amount of Five Hundred Dollars ($500) for each Vacant Unit which is not in Rent Ready Condition as of the Closing.
Seller shall use commercially reasonable efforts to deliver all apartment units which are vacant as of the Closing Date (each, a "Vacant Unit") in Rent Ready Condition (as hereinafter defined).
This Service Level does not apply to Vacant Unit Rebate Applications that are resubmitted pursuant to section 41(1) of O.
Dependencies: MPAC must be in receipt of all necessary information from the Municipality in order to process a Vacant Unit Rebate Application.
Formula: Total number of Timely Completed Vacant Unit Rebate Applications for a Municipality in a calendar quarter ÷ Total number of Vacant Unit Rebate Applications received by MPAC for such Municipality in that same calendar quarter, expressed as a percentage.
Measurement Process: MPAC will track the period of time commencing when MPAC receives a Vacant Unit Rebate Application from the Municipality until MPAC delivers a Completed Vacant Unit Rebate Application and related factual information in respect of such Vacant Unit Rebate Application to such Municipality.
However, representatives of the Seller and Buyer shall inspect the Vacant Units on the day prior to the Closing Date and at the close of escrow, Buyer shall receive a credit against the Purchase Price in the amount of $500.00 for each Vacant Unit which is not ready-to-rent in accordance with this Section 8.1(f).
Vacant Unit - a unit which has been previously rented, but is currently unoccupied.
Removal and replacement of shingles 24,991 Vacant Unit Rehab/ Prep 10,000 Total 304,465 Replace forced air heaters 2,000 CA16P002107a Replace vinyl tile 10,000 Replace wrought iron door gate and fencing 5,000 ▇▇▇▇▇▇ Asphalt shingles.
Any household that is not included in the above 4 definitions, including two or more unrelated individuals; Vacant Unit.