Benchmark Rent Levels definition

Benchmark Rent Levels means the rent levels set out below as the same are uprated and increased for each successive Financial Year in accordance with Condition 3.2; Number of bedrooms 2017/2018 Benchmark Rent Level (weekly rent, exclusive of service charges) Bedsit and one bedroom £144.26 Two bedrooms £152.73 Three bedrooms £161.22 Four bedrooms £169.70 Five bedrooms £178.18 Six or more bedrooms £186.66 Building Contract means a contract entered into between the Grant Recipient and a Building Contractor relating to the construction and development and/or Rehabilitation of a Named Project; Building Contractor means any building contractor or developer appointed or to be appointed by the Grant Recipient in respect of a Named Project; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England; Capital Grant has the meaning set out in the Recovery Determination; Capital Grant Recoverable means such amount of Capital Grant and interest thereon as the GLA is entitled to Recover under the Recovery Determination; CDM Regulations means the Construction (Design and Management) Regulations 2015 S.I. No. 2015/51; CEDR means the Centre for Effective Dispute Resolution;
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Benchmark Rent Levels means the rent levels set out below as the same are updated and increased for each successive Financial Year in accordance with Condition 2.5: Number of bedrooms 2020/2021 Benchmark Rent Level (weekly rent, exclusive of service charges) Bedsit and one bedroom £159.32 Two bedrooms £168.67 Three bedrooms £178.05 Four bedrooms £187.42 Five bedrooms £196.78 Six or more bedrooms £206.15 Benefit Cap means the amount of benefit to which the Tenant is entitled pursuant to part 8A of the Housing Benefit Regulations 2006;
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Benchmark Rent Levels means the rent levels set out below as the same are uprated and increased for each successive Financial Year in accordance with Condition 3.2: Number of bedrooms 2017/2018 Benchmark Rent Level (weekly rent, exclusive of service charges) Bedsit and one bedroom £144.26 Two bedrooms £152.73 Three bedrooms £161.22 Four bedrooms £169.70 Five bedrooms £178.18 Six or more bedrooms £186.66 Building Contract means a contract entered into between the Relevant Consortium Member and a Building Contractor relating to the construction and development and/or Rehabilitation of a Named Project; Building Contractor means any building contractor or developer appointed or to be appointed by the Relevant Consortium Member in respect of a Named Project; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England; Capital Grant has the meaning set out in the Recovery Determination; Capital Grant Recoverable means such amount of Capital Grant and interest thereon as the GLA is entitled to Recover under the Recovery Determination; CDM Regulations means the Construction (Design and Management) Regulations 2015 S.I. No. 2015/51; CEDR means the Centre for Effective Dispute Resolution;
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Examples of Benchmark Rent Levels in a sentence

  • Homes funded through RSAP must be let at defined Benchmark Rent Levels.


More Definitions of Benchmark Rent Levels

Benchmark Rent Levels means the rent levels set out below as the same are updated and increased for each successive Financial Year in accordance with Condition 2.5: Number of bedrooms 2022/23 Benchmark Rent Level (weekly rent, exclusive of service charges) Bedsit and one bedroom £168.34 Two bedrooms £178.23 Three bedrooms £188.13 Four bedrooms £198.03 Five bedrooms £207.93 Six or more bedrooms £217.82 Benefit Cap means the amount of benefit to which the Tenant is entitled pursuant to part 8A Housing Benefit Regulations 2006; Bridging Accommodation means all forms of accommodation procured by the Home Office for the purpose of providing temporary accommodation for those brought to the UK as a result of events in Afghanistan following the fall of Kabul in August 2021: Bridging Household means an individual or household within the Target Client Group occupying Bridging Accommodation: Broad Market Rental Area has the meaning specified in paragraph 4 of Schedule 3B Rent Officers (Housing Benefit Functions) Order 1997, or article 3 Rent Officers (Universal Credit Functions) Order 2013 as appropriate; Building Contract means the contract entered into between the Grant Recipient and the Building Contractor relating to the construction, development, conversion, refurbishment, repair and/or Rehabilitation (as applicable) of a Named Project; Building Contractor means the contractor or developer appointed or to be appointed by the Grant Recipient in respect of a Named Project; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England; Capital Grant has the meaning set out in the Recovery Determination; Capital Grant Recoverable means such amount of Capital Grant, Uplift Amount and interest thereon as the GLA is entitled to Recover under the Recovery Determination; CDM Regulations means the Construction (Design and Management) Regulations 2015 S.I. No 2015/51; CEDR means the Centre for Effective Dispute Resolution; Certified Standards means the minimum design and sustainability standards specified on OPS in accordance with which the RHP Dwellings in a Named Project will be delivered as certified by the Grant Recipient on OPS as part of its bid; Change in Control means a change in the power of a person (or persons acting together) to secure that the affairs of another are conducted directly or indirectly in accordance with the wishes of that person (or those persons acting together) which in the case of a corporate body shall include:
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Related to Benchmark Rent Levels

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:

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  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • Second Level Domain means that portion of a domain name to the left of the right-most period, up to the second period from the right, if any, plus the Top Level Domain. (In the example, “XXXXXXXXX.XXX”.) “Third Level Domain” means that portion of a domain name to the left of the second period from the right, if any, up to the third period from the right, if any, plus the Second Level Domain. (In the example, “XXXXXXXXX.XXXXXXXXX.XXX”.).