Average Occupancy definition

Average Occupancy means the trailing 30-day average occupancy of the available units within the Facility.
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Examples of Average Occupancy in a sentence

  • The Contractor shall develop Average Occupancy Models (AOMs) that lead to the square footage allotments in the design standards.

  • Positive: Emergency Shelter Efficient and Effective Use of Resources Monthly Average Occupancy Rate At least 90% Data Quality Missing or Incomplete Data ≤ 5% in HMIS Timeliness of Data Entry 100% of client data entered within 3-business days Recidivism Number of exited clients return to shelter Reporting only for Fiscal Year 2018.

  • For the Six Months Ended 30 June 2016 2015 Change Average Monthly Passing Rent (RMB/sqm) Note — Gross passing rent 360 356 +1.1% — Net passing rent 339 338 +0.3% Average Occupancy (%) 96% 95% +1 ppts Note: • Under the B2V Reform, effective from 1 May 2016, the 5% BT rate formerly applicable to revenue of leasing of real estate was replaced by VAT at a rate of 11% levied on rental revenue, if there is no further tax circular to change this tax position.

  • Sellers will be deemed to have satisfied the condition set forth in Section 8.9 hereof with respect to the subject section 2.8 Facility if the Weighted Average Occupancy for the Non-Withdrawn Facilities as supplemented by the subject Section 2.8 Facility continues to be at least eighty-eight percent (88%).

  • At all times after the Lender has been provided with certificates of occupancy for all eleven (11) buildings located on the Project, the Guarantor agrees to comply with the following financial covenants as set forth in the Credit Agreement: (a) Maximum Leverage Ratio; (b) Maximum Secured Recourse Debt Ratio; (c) Minimum Fixed Charge Coverage Ratio; (d) Minimum Borrowing Base Debt Service Coverage Ratio; and (e) Minimum Weighted Average Occupancy of Borrowing Base Assets (the “BOK/Citibank Covenants”).

  • Sellers will be deemed to have satisfied the condition set forth in Section 8.9 hereof with respect to the subject Section 2.9 Facility if the Weighted Average Occupancy for the Non-Withdrawn Facilities as supplemented by the subject Section 2.9 Facility continues to be at least eighty-eight percent (88%).

  • Sellers will be deemed to have satisfied the condition set forth in Section 8.9 hereof with respect to the Mariner Health of St. Augustine Facility if the Weighted Average Occupancy for the Non-Withdrawn Facilities as supplemented by the Mariner Health of St. Augustine Facility continues to be at least eighty-eight percent (88%).

  • The Weighted Average Occupancy Rate of all Unencumbered Pool Properties shall at all times equal or exceed ninety percent (90%), with no individual property having an Occupancy Rate below eighty percent (80%).

  • The Guarantor shall not permit the Average Occupancy Rate to be less than eighty-seven and one-half percent (87.5%).

  • Sellers will be deemed to have satisfied the condition set forth in Section 8.9 hereof with respect to the Mariner Health of Tampa Facility if the Weighted Average Occupancy for the Non-Withdrawn Facilities as supplemented by the Mariner Health of Tampa Facility continues to be at least eighty-eight percent (88%).