Affordable Sample Clauses
The "Affordable" clause defines the requirement that certain goods, services, or obligations must be provided at a cost that is reasonable and within the financial means of the intended party. In practice, this clause may set specific price limits, reference market rates, or require periodic review to ensure pricing remains accessible. Its core function is to prevent excessive costs and ensure that the subject matter of the agreement remains attainable for the parties involved, thereby promoting fairness and feasibility in contractual relationships.
POPULAR SAMPLE Copied 3 times
Affordable. Housing is generally considered affordable by a household if no more than approximately thirty per cent (30%) of its Annual Gross Income is spent on direct housing costs. With respect to home ownership, such costs include mortgage principal, interest, taxes and homeowner’s insurance, mortgage insurance premiums, mandatory homeowners' association dues and condominium fees, but not utilities or other related housing costs.
Affordable. The maximum rent, including tenant paid utilities, that may be charged so that such rent paid by a tenant is at or below 30% of the applicable Imputed Income Limit, based on the bedroom size of the Qualified Unit.
Affordable. It is important to use a solution that makes sense and will not require your business to incur a capital expenditure. For as low as a few hundred dollars per year, you can have all of your data and x-ray images backed up to the cloud.
Affordable. People shall have the opportunity to live in housing that is affordable – where no more than thirty percent (30%) of their income pays for their housing costs(rent/mortgage and utilities).
Affordable. Nonprofit results in lower rates for your community • IMEA Power Supply Costs are lower today than 10 years ago • Moneys “earned” are returned to lower power costs to your residents • Job #1 is keeping the power flowing around-the-clock • 24x7 Operations Center provides support to local crews providing prompt and quick services for outages • IMEA average cost of power to members has been under budget for 9 of the last 10 years (Covid).
Affordable. A project or unit that satisfies the requirements set forth in 24 CFR Part 92.
Affordable. In the case of rental housing, the Goderich Official Plan defines affordable as the least expensive of: • a unit for which the rent does not exceed 30 percent of gross annual household income for ‘low and moderate income households’; or • a unit for which the rent is at or below the average market rent of a unit in the regional market area.
Affordable. The cost of a Life Right in Impangele Gardens is affordable, starting from R850 000. The fact that you don’t own the property under a Life Right agreement, actually works in your favour, as building insurance, maintenance and common property remains the responsibility of the Development.
Affordable. Phone authorizes BellSouth to release all Affordable Phone SLI provided to BellSouth by Affordable Phone to qualifying third parties pursuant to either a license agreement or BellSouth’s Directory Publishers Database Service (DPDS), General Subscriber Services Tariff (GSST), as the same may be amended from time to time. Such Affordable Phone SLI shall be intermingled with BellSouth’s own End User listings and listings of any other CLEC that has authorized a similar release of SLI.
Affordable. The cost of a Retirement Suite in Impangele Gardens is affordable, starting from R795 000. The fact that you don’t own the property under a Life Right agreement, actually works in your favour, as building insurance,