Full Occupation definition

Full Occupation means occupation of all of the [XX Dwellings] to be built pursuant to the Planning Permission;
Full Occupation of the Centre for a given Year is achieved when ten (10) or more modules at the Centre are in concurrent occupation for such full Year. From and including the Year commencing 1 April 2022 and only following the first achievement of Full Occupation, prior to the start of each Year for which Catapult anticipates that the Centre will be in Full Occupation Catapult will use the actual costs of providing the Integral Inputs to the Collaborators in the Centre during the most recent Year of Full Occupation to reasonably estimate the Integral Input Costs for such coming Year at Full Occupation (the “Full Occupation Integral Input Costs Estimate”), which it will provide to the Collaborators. COLLABORATOR will pay to Catapult a fixed proportion of those costs, such proportion to be a [***] share of the Full Occupation Integral Input Costs Estimate which will be COLLABORATOR’s Integral Input Contribution for such Year. For the sake of clarity, contributions for the differently specified modules on Level 2 in such a Year will be based on a [***] share of the Full Occupation Integral Input Costs Estimate.
Full Occupation has the meaning given in Clause 8.3.4(c).

Examples of Full Occupation in a sentence

  • On or before [●] or within 3 months from the date of issuance of the Full Occupation Certificate with respect to the Real Estate Project, whichever is later, the Real Estate Project with the common areas, facilities and amenities described in the Schedule ”D” hereunder written shall be conveyed to the Society vide a registered indenture of conveyance, provided however that the basements, podium and stilts shall be retained by the Promoter and shall not be conveyed to the Society (“Society Conveyance”).

  • In addition to this, from the date Full Occupation is achieved, a quarterly statement will be provided to all Collaborators in the Centre comparing actuals to the budgeted amounts.

  • For the purpose of this Contract, the issuance of the Temporary and/or Full Occupation Permits for the respective section or the subsequent Temporary Occupation Permit (as applicable) is a pre-requisite for the issuance of the Certificate of Practical Completion for the respective Phases of the Works.

  • However, from and including the first anniversary date (the “First Anniversary Date”) that Full Occupation is achieved, a reconciliation will take place at the end of each Year and a refund to, or further contribution byADAPTIMMUNE will be due with respect to its share of the Integral Input Contributions based on the difference between the Estimated Aggregate Integral Input Contributions, and the pro rata actual aggregate Integral Input Contributions incurred for that Year.


More Definitions of Full Occupation

Full Occupation means the first date on which at least 90% of the floorspace comprised in a Phase or the Development (as context requires) has been Beneficially Occupied and the term "Fully Occupied" shall be interpreted accordingly
Full Occupation means the first date on which 90% of the Dwellings in the Development has been Occupied

Related to Full Occupation

  • Own Occupation means your occupation that you were performing when your Disability or Partial Disability began. For the purposes of determining Disability under this plan, Lincoln will consider your occupation as it is normally performed in the national economy.

  • Home occupation means an occupation permitted in a dwelling unit and which:

  • Regular Occupation means the occupation you routinely perform at the time the Disability begins. We will consider the duties of the occupation as it is normally performed in the general labor market in the national economy.

  • Any Occupation means any occupation that you are or become reasonably fitted by training, education, experience, age, physical and mental capacity.

  • elementary occupation means any occupation involving unskilled or semi-skilled work;