Monthly Occupancy Costs definition

Monthly Occupancy Costs means the total of the monthly rent payable to the Proponent for a Unit including the cost of hydro, heat, water and hot water; and Monthly Occupancy Costs do not include charges for applicable taxes, parking, cable, internet, telephone or any other like charges;

Monthly Occupancy Costs means the total of the monthly rent payable to the Proponent for a Unit including the cost of hydro, heat, water and hot water; and Monthly Occupancy Costs do not include charges for applicable taxes, parking, cable, internet, telephone or any other like charges. If heat, water or hydro costs are separately metered and paid directly by the household, then the Proponent shall deliver the Utility Allowance by way of setting off the amount of the Utility Allowance against the monthly rental payable.

Monthly Occupancy Costs means in the case of a rental housing unit, the total of the monthly rent payable to the landlord for a housing unit including the cost of hydro, heat, water and hot water; and monthly occupancy costs do not include charges for applicable taxes, parking, cable, internet, telephone or any other like charges;

Examples of Monthly Occupancy Costs in a sentence

• Household Income for each unit cannot be more than four times the annualized Monthly Occupancy Costs.

• Further, unless all malicious programs are found and restored at the same time, the restoration of some uncorrupted programs may do little (for example, computer viruses still resident on the system could infect the newly- restored programs).If the backup and restore programs themselves contain malicious logic that prevents uncor- rupted software from being restored, then the backups are useless until a way is found to replace (or fix) the restore program.

• The actual Monthly Occupancy Costs paid by the tenant for any one Unit, after the application of Housing Benefits, if any, shall not exceed 30% of the tenant's Household Income or the shelter allowance of their Ontario Works or Ontario Disability Support Program benefits.

• Monthly Occupancy Costs to be charged must be consistent with the affordable housing definition.

• Monthly Occupancy Costs: (If applicable) If it is a net lease please indicate the monthly occupancy costs.

More Definitions of Monthly Occupancy Costs

Monthly Occupancy Costs means in the case of a rental housing unit, the sum of the monthly rent payable to the landlord for a housing unit and monthly charges for hydro (separately or bulk metered), heat, water and hot water payable in respect of that housing unit; "monthly occupancy costs" do not include charges for parking, cable, telephone or any other like charges;

Monthly Occupancy Costs means the amount of rent payable by the tenant to the landlord of a housing unit together with monthly charges for hydro, heat, water, and hot water for the unit but does not include charges for parking, cable, telephone or other similar charges;

Monthly Occupancy Costs means the sum of the monthly rent payable to the landlord and any utility amount payable by the tenant and includes monthly charges for hydro, heat, water and hot water payable but do not include charges for parking, cable, telephone or any other like charges.

Monthly Occupancy Costs means the sum of monthly rent payable to the landlord of a housing unit, inclusive of utilities and exclusive of parking, telephone, cable and other similar fees;

Monthly Occupancy Costs means the sum of the monthly rent payable by a tenant to a landlord of a rental housing unit, together with the monthly charges for hydro, heat, water and hot water payable in respect of the rental housing unit;

Monthly Occupancy Costs. Average across all Units on the Property to be at or below 80% of Average Market Rent.

Monthly Occupancy Costs means in the case of a rental housing unit, the sum of the monthly rent payable to the landlord for a housing unit and monthly charges for hydro (separately or bulk metered), heat, water and hot water payable in