FULL OCCUPANCY definition

FULL OCCUPANCY means the initial point at which all units are rented to eligible tenants, provided that an allowance shall be made for a vacancy rate of up to ten percent (10%) of the units at any given time.
View Source
FULL OCCUPANCY means the date at which the Tenant has occupied substantially all of the square footage within the Building but in no event later than four (4) months after the Move In Completion Date.
View Source
FULL OCCUPANCY means that at least 90 % of the lettable space of the Properties are leased to the Tenants, any Affiliates of Wagon PLC or any tenants satisfactory to the Facility Agent.
View Source

Examples of FULL OCCUPANCY in a sentence

  • In the event that Employee's participation in any such plan or program is barred, the Company shall arrange to provide Employee with benefits substantially similar to those to which Employee would otherwise have been entitled to receive under such plans and programs.


More Definitions of FULL OCCUPANCY

FULL OCCUPANCY means the initial point at which all units are occupied by Qualifying Households.
View Source

Related to FULL OCCUPANCY

  • Prior Occupancy means Owner’s use of all or parts of the Project before Substantial Completion, as more fully set forth in Section 6.08 A.

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Maximum Occupancy means the maximum number of occupants permitted on the Premises;

  • Single Room Occupancy or “SRO” means housing consisting of single room dwelling units that is the primary residence of its occupant or occupants. An SRO does not include facilities for students.

  • Ready for Occupancy means a mobile or manufactured home