Residential Properties. The following is a description of the methodology employed by the Purchaser in preparing such estimates of the residential properties owned by the Partnership (as used below, "net operating income" is calculated before depreciation, amortization, debt service payments and certain capital expenditure items):
Residential Properties. Each Mortgaged Property securing a Mortgage Loan consists of a 1-4 family residential dwelling satisfying the requirements of the applicable Investor.
Residential Properties. As of the Sale Date and Servicing Transfer Date, each Mortgaged Property securing a Mortgage Loan consists of a 1-4 family residential dwelling satisfying the requirements of the applicable Investor.
Residential Properties. The Employer may allow preauthorized working hours to accommodate an employee’s personal needs, subject to operational requirements. Such request shall not be unreasonably denied. Building Custodians who are required to live on-site, who are scheduled for on-site duties, and required to remain on-site will be paid an on-site premium as per Schedule ‘A’. Such premium will be paid from completion of their regular scheduled shift to 12:00 midnight, during which they are required to be immediately reachable and either on-site, or off the premises and readily available to respond for work within thirty (30) minutes, with the exception of their scheduled off-duty days, as remuneration for On-site Building Custodian availability. In the event that an On-site Building Custodian is away for any reason, the Employer shall determine whether a replacement is required and if required, shall appoint someone to cover the period of absence. Building Custodians and Contact Tenants shall receive an hourly shift premium as detailed in Schedule ‘A’ for all hours worked between five (5) p.m. and seven (7) a.m. Where more than 50% of the hours fall within this period, the premium shall be paid for all hours worked. Building Custodians and Contact Tenants whose regular shift includes work on a Saturday or Sunday shall receive an hourly premium as detailed in Schedule ‘A’, in addition to the employee’s regular pay for such work, and in addition to shift bonus if applicable. Contact Tenants will receive rent-free accommodation which will be valued in accordance with Income Tax regulations and which will include free heat, hydro, water and telephone (not including personal long distance calls). It is understood that Contact Tenants are covered per current provisions of the Workplace Safety and Insurance Act. Where a Contact Tenant is required to perform any work other than the duties listed in their job description, the Employer will pay the Contact Tenant for such work at the current rate per hour on the following bases: Less than fifteen (15) minutes – minimum ¼ hour Fifteen (15) to thirty (30) minutes – ½ hour Thirty-one (31) to forty-five (45) minutes – ¾ hour Forty-six (46) to one (1) hour – 1 hour In the event that either a Contact Tenant or Building Custodian is required to patrol a building from the hours of 8:00 p.m. to 8:00 a.m. for any reason including during a failure of the fire alarm system, that individual shall be paid for each hour from the time the system ceases t...
Residential Properties. As a result of the Merger, and assuming the receipt of all AIMCO Statutory Approvals and Casden Statutory Approvals, AIMCO will succeed to all of the assets of Casden relating to the multifamily apartment business of Casden and the Casden Subsidiaries, other than the Development LLC Assets and the Commercial Properties.
Residential Properties. Description of Property: 0 Xxxxxxxx Xxxxx, Hatherley Road, Camberley, Surrey Description of Lease: Tenancy Agreement dated 24th February 2003 between XX Xxxxxxxx and WN Franklin (1) Holiday Autos International Limited (2) Leaseholder: Holiday Autos International Limited Current Rent: £950 per month Use: Residential property Description of Property: 00 Xxxxxxxx Xxxxx, Heatherley Road, Camberley, Surrey Description of Lease: Tenancy Agreement dated 22nd February 2001 and Supplemental Agreement dated 6th February 2003 between XX Xxxxxxxx and WN Franklin (1) Holiday Autos International Limited (2) Leaseholder: Holiday Autos International Limited Current Rent: £930 per month Use: Residential property Back to Contents Part C: Foreign Properties Description of Property: Office Nos. 4 & 5, KBC, 1st Floor, Kanoo Building, Xxxx 00/00, Xxxxx
Residential Properties. Road widening as part of the intersection improvements will require land from the frontage of all properties on the northern side of Killarney Road between the intersection and Xxxxx Street. While these properties are zoned for industrial use, many are currently residential properties. The land required from these properties has the potential to result in the following effects: ◗ Disturbance to the existing vehicle access ways and reduction to driveway length; ◗ An increase in noise received at the property as a result of traffic shifting closer; ◗ Removal of existing fences, retaining walls, vegetation, and garages located at the front of these properties; and ◗ Non-compliance with the front yard requirements of the Xxxxxxxx City Proposed District Plan. The Crown’s property consultants, The Property Group Limited has entered into negotiations with these property owners regarding the land required. Mitigation measures to reduce the above effects will be agreed with individual property owners as part of the property purchase agreements. Possible mitigation measures include: ◗ Replacement planting, fencing and ancillary buildings; ◗ Reconstruction of access ways and driveways; and ◗ Provision of alternative areas for on site vehicle manoeuvring.
