RUBS definition

RUBS shall have the meaning assigned thereto in Section 10.4(b).
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RUBS has the meaning set forth in Section 2.5(f).
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RUBS means antiseptic products to be used without water.
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Examples of RUBS in a sentence

  • Seller and Buyer each agree to provide such information as the other may reasonably request regarding RUBS and the billing, collection, and payment thereof.

  • For clarification, this Section 8(g) shall not apply to Taxes, Rents or RUBS which shall be pro-rated and paid under Sections 8(a), 8(b) and 8(f) respectively.

  • A subsequent cash adjustment of RUBS between Seller and Buyer will be made when actual figures are available, but in all events within 90 days after the Closing Date.

  • In the event that all rent, fees, and other charges are not paid in full and received by the 5th of the month, Resident agrees to pay an additional charge or a late fee the lesser of ten percent (10%) of the periodic rent or ten percent (10%) of the remaining balance due and owed by Resident, a $5.00 late fee on utility sub metered or RUBS charges in accordance with Virginia Code § 55.1-1212, as amended, and a legal processing fee not to exceed $40.

  • For any utility that Resident reimburses Agent for or that Agent bills Resident, Agent may base reimbursement or billing on any commercially reasonable method of measuring, estimating, or allocating utility usage among the community’s residents that Agent reasonably deems to be appropriate, including but not limited to RUBS (“Resident Utility Billing System”), and Agent may change such method upon thirty (30) days notice to Resident.

  • The "RUBS" system of billing is based on the number of occupants within each apartment home.

  • Thereafter, Buyer shall have no obligation to remit RUBS income to Seller.

  • The credit shall be for sixty (60) days of RUBS calculated based on the average RUBS payable by the tenants for the twelve (12) month period preceding the Closing Date.

  • In the event that all rent, fees, and other charges are not paid in full and received by the 5th of the month, Resident agrees to pay an additional charge or a late fee of ten percent (10%) of the total unpaid balance, a $5.00 late fee on utility sub metered or RUBS charges in accordance with Virginia Code § 55.1-1212, as amended, and a legal processing fee not to exceed $40.

  • All RUBS monies which have accrued to the credit of Seller which are unpaid at the Close of Escrow shall be credited to Seller.


More Definitions of RUBS

RUBS is defined in Section 6.2.4 of this Agreement.
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Related to RUBS

  • Cold Weather Alert means the notice that PJM provides to PJM Members, Transmission Owners, resource owners and operators, customers, and regulators to prepare personnel and facilities for expected extreme cold weather conditions.

  • Furniture coating means any paint designed for application to room furnishings including, but not limited to, cabinets (kitchen, bath and vanity), tables, chairs, beds, and sofas.

  • Pruning means the removal, as appropriate, of not more than one-third of the live branches or limbs of a tree in accordance with Good Arboricultural Practice.

  • Flow coating means a coating labeled and formulated exclusively for use by electric power companies or their subcontractors to maintain the protective coating systems present on utility transformer units.

  • GATS means the General Agreement on Trade in Services in Annex 1B to the WTO Agreement;