Qualified Unit definition

Qualified Unit means a rent-restricted unit that is occupied by individuals
Qualified Unit means a Qualified Unit as defined in the Operating Agreement.

Examples of Qualified Unit in a sentence

  • Homebuyer Income Certification (HIC) -- The Certification Form (contained in Appendix I) executed by the selling owner and a low income homebuyer certifying total income and eligibility to purchase a specific Qualified Unit.

  • State Monitoring Agency -- The State Housing Finance Agency or other agency under a Memorandum of Understanding with the FDIC to monitor AHP properties and enforce compliance with AHP rules.Tenant Income Certification (TIC) -- The Certification Form (contained in Appendix E) executed by the owner/manager and the tenant certifying total income and eligibility to occupy a specific Qualified Unit.


More Definitions of Qualified Unit

Qualified Unit means each Strap or Tag for which full payment has been timely received by Alien from non-Alien-affiliated customers other than the U.S. Government or other participants in the Early Customer Incentive Program (ECIP).
Qualified Unit means those Units occupied by Qualified Persons at a Qualified Rent; and
Qualified Unit. A residential rental unit in a Qualified Project that is Income Restricted and Rent Restricted
Qualified Unit means a residential rental unit that is Income Restricted and Rent Restricted
Qualified Unit means a residential unit at the Development occupied, or available for occupancy, by a Qualified Person(s) at the Qualified Rent;

Related to Qualified Unit

  • Restricted Unit means a Unit granted under the Plan that is subject to a Restricted Period.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Non-Qualified Option means any Option granted under this Plan which is not an Incentive Stock Option.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Company Restricted Share has the meaning set forth in Section 3.3(b).

  • Common Unit means a Limited Partner Interest having the rights and obligations specified with respect to Common Units in this Agreement. The term “Common Unit” does not include a Subordinated Unit prior to its conversion into a Common Unit pursuant to the terms hereof.