Actual Occupancy definition

Actual Occupancy the actual physical occupancy of all or a portion, as applicable, of the Premises by Tenant and, subject to Section 14.2(b) hereof, its Affiliates (subtenants being specifically excluded hereby).
Actual Occupancy means that portion of the rentable square feet of the office space of the Building which is subject to Actual Leases, expressed as a percentage.
Actual Occupancy means, with respect to all apartment units on the Property (except for the model unit), the percentage of said units for which a leasehold tenancy exists pursuant to a lease signed by both landlord and tenant (regardless of whether the tenant has taken physical occupancy or commenced payment of rent) but shall be reduced based on move-out notices received by Seller as of the Closing Date.

Examples of Actual Occupancy in a sentence

  • The initial monthly service fees will be in accordance with the rates in effect on the Actual Occupancy Date.

  • During the first 24 months following Actual Occupancy, City shall reserve an additional 2.03 acre feet of wastewater capacity for the District (“Reserved Wastewater Allocation”).

  • Actual Occupancy of a portion of the Premises consisting of not less than six (6) full floors (not counting the fourth (4th) floor of the Building).

  • Resident must be at least 62 years of age on Actual Occupancy Date (as defined in Section I.C.).

  • Adjustment For Variation Between Estimated And Actual Occupancy Costs.

  • During the first 24 months following Actual Occupancy, City shall reserve an additional 2.19 acre feet of domestic and emergency potable water for the District (“Reserved Water Allocation”).

  • Actual Occupancy Date means the date on which Resident is entitled to all services described herein and on which Resident is responsible for all fees.

  • Anything in this Agreement to the contrary notwithstanding, it shall be condition precedent to Purchaser’s obligation to close that as of the Closing Date, Actual Occupancy (as defined below) shall be at least 85.0% (the “Occupancy Condition”).

  • The Project Plan shall further include the Projected Revenues and Projected Expenses of the Company Property through projected Actual Occupancy of 95%, which projections shall be updated each time the Budget and Operating Plan is updated.

  • At least seven (7) days prior to the Actual Occupancy Date, Resident must submit an updated Physician's Statement if original statement is more than three months old and must meet personally with the ▇▇▇▇▇▇ Lakeside at Reeds Landing Health Care Coordinator to review current health status.