Occupied Unit definition

Occupied Unit means an independent or assisted living unit at a Facility for which one or two Residents are obligated to pay the Resident Service Fee.
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Occupied Unit means any structure or any portion of any structure occupied for residential, commercial, industrial, or other purposes. For example, in a multifamily residential development, each dwelling unit shall be considered a separate occupied unit when occupied, and each retail outlet in a shopping mall shall be considered a separate occupied unit. In the case of short term rentals, such as Airbnb and VRBO, occupied means advertised and available for tenant stays.An occupied unit may include more than one structure if all structures are part of the same dwelling unit or commercial or industrial operation. For example, an industrial site with several structures that form an integrated manufacturing process operated by a single manufacturer constitutes one occupied unit. Property that is undeveloped or, if developed, is not in current use with city utilities turned off is not considered an occupied unit.
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Examples of Occupied Unit in a sentence

  • Provider shall maintain completed and signed Child Occupied Unit Certification forms in the unit file.

  • Temporary Accommodation Costs for an Owner Occupied Unit incurred as a result of Damage to Insured Property occurring during the Policy Period caused by an event not excluded under Section 1 that renders the Unit: • Unfit for habitation; and/or • Inaccessible.

  • Loss of Rent for a Tenanted Unit and/or Temporary Accommodation Costs for an Owner Occupied Unit incurred as a result of the Unit not being able to be inhabited by reason of an order of a government authority made during the Policy Period because of an infectious disease, murder or suicide occurring at the Situation.

  • The Provider shall complete the Child Occupied Unit Certification (Appendix A, Attachment 6) for each child under 6 years of age who will be occupying the unit, expected to occupy the unit, or spending a significant amount of time in the unit, as defined by HUD Policy Guidance Number 2014-01.

  • Costs necessarily and reasonably incurred by You to Reinstate, repair or replace a Unit Owner’s Fixtures and Improvements in an Owner Occupied Unit that is occupied for residential purposes, that are lost or damaged during the Policy Period caused by an event not excluded under Section 1.

  • Residential Unit: structures originally intended for human habitation (houses, apartments, etc.) Non-residential Unit: structures not originally intended for human habitation, however it is currently occupied by individual and used as an accommodation Occupied Unit: A unit (either residential or non-residential) in which individuals are living prior to the start of rehabilitation works.

  • As regards an Owner Occupied Unit, an amount of money calculated by reference to the annual rentable value of the Unit (including any outgoings payable by a tenant) that would have applied to such Unit immediately before the happening of Damage to Insured Property.

  • Loss of Rent for a Tenanted Unit and/or Temporary Accommodation Costs for an Owner Occupied Unit incurred by reason of the Unit becoming uninhabitable: • As a result of the failure of supply to the Unit of electricity, gas, water or sewerage services by a public utility; and • Where the failure of supply resulted from damage to property belonging to or under the control of the public utility occurring during the Policy Period by an event not excluded under Section 1.

Related to Occupied Unit

  • Said Unit means the said Flat, the said Vehicle Parking Space, (if any), and the right of common use of the Common Portions and wherever the context so intends or permits, shall also include the Said Undivided Share.

  • Partnership Unit means a fractional, undivided share of the Partnership Interests of all Partners issued hereunder. The allocation of Partnership Units among the Partners shall be as set forth on Exhibit A, as may be amended from time to time.

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • GP Unit means a Partnership Unit which is designated as a GP Unit of the Partnership.

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.