Ineligible Tenant definition

Ineligible Tenant means a person who:
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Ineligible Tenant means a person who was an Eligible Tenant but has subsequently ceased to be an Eligible Tenant; IRR means the income-related rent calculated by MSD for a Tenant in accordance with the applicable provisions of the HRTM Act and as set out in this Agreement; IRRS means the income-related rent subsidy in respect of a Tenant payable by MSD to the Provider in accordance with this Agreement, calculated as the Agreed Rent for the Property less the applicable IRR for each Tenant that has a Tenancy in respect of the Property; Key Terms means the table of key commercial terms and details specific to this Agreement, which table is subject to and to be read in light of the balance of this Agreement and the Relationship Agreement; Major Improvement means any works or improvements to a Property that would be expected to alter the Market Rent; T E M P L A T E Market Rent means what a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay, for the tenancy in comparison with rent levels for similar properties in similar areas; Market Rent Review means a review of Market Rent undertaken in accordance with the Key Terms and clause 3 of Schedule 1; Parties means MSD and the Provider;
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Examples of Ineligible Tenant in a sentence

  • These dates should be legibly recorded on an Ineligible Tenant Index, Form 040.014.

  • If, at the time of recertification, for two consecutive years, a Ttenant’s household income exceeds the eligibility requirements set forth in the BMR Guidelines (“Ineligible Tenant”), the Ineligible Tenant shall no longer be qualified to rent the BMR unit and the lLease shall provide that the lLease term shall expire and the tTenant shall vacate the BMR unit on or prior to sixty (60) days after delivery of a notice of ineligibility by the property manager or City or City’s designee to the tTenant.

  • If, at the time of recertification, a Tenant's household income exceeds the eligibility requirements set forth in the Guidelines ("Ineligible Tenant"), the Ineligible Tenant shall no longer be qualified to rent the BMR Unit and the Lease shall provide that the Lease term shall expire and the Tenant shall vacate the BMR Unit on or prior to sixty (60) days after delivery of a notice of ineligibility by the Developer or City to the Tenant.

  • Upon expiration of the Lease term pursuant to the foregoing, if the Tenant has not vacated the BMR unit as required, the Developer property manager shall promptly take steps to evict the Ineligible Tenant and replace the BMR unit with an Eligible Tenant as soon as reasonably possible.

  • If, at the time of recertification, for two consecutive years, a Tenant’s household income exceeds the eligibility requirements set forth in the Guidelines (“Ineligible Tenant”), the Ineligible Tenant shall no longer be qualified torent the BMR unit and the Lease shall provide that the Lease term shall expire and the Tenant shall vacate the BMR unit on or prior to sixty (60) days after delivery of a notice of ineligibility by the Developer property manager or City or City’s designee to the Tenant.

  • Ineligible Tenant interview files will be kept at least three (3) years on file within the MMP offices.

  • Upon expiration of the lLease term pursuant to the foregoing, if the tTenant has not vacated the BMR unit as required, the property manager shall promptly take steps to evict the Ineligible Tenant and replace the BMR unit with an Eeligible tTenant as soon as reasonably possible.

Related to Ineligible Tenant

  • Occupying means in, upon, getting in, on, out or off.

  • Eligible Ground Lease means a ground lease containing terms and conditions customarily required by mortgagees making a loan secured by the interest of the holder of the leasehold estate demised pursuant to a ground lease, and shall include the following: (a) a remaining term (exclusive of any unexercised extension options) of 30 years or more from the date the applicable Property first becomes an Eligible Property; (b) the right of the lessee to mortgage and encumber its interest in the leased property without the consent of the lessor; (c) the obligation of the lessor to give the holder of any mortgage Lien on such leased property written notice of any defaults on the part of the lessee and agreement of such lessor that such lease will not be terminated until such holder has had a reasonable opportunity to cure or complete foreclosures, and fails to do so; (d) reasonable transferability of the lessee’s interest under such lease, including ability to sublease; and (e) clearly determinable rental payment terms which in no event contain profit participation rights.

  • Residential care facility means an institution, residence, or facility that is licensed by the department of mental health under section 5119.22 of the Revised Code and that provides care for a child.

  • Occupant means any person or persons over the age of eighteen years in possession of the property.

  • Ineligible Person shall include an individual or entity who:

  • Tenant Party means any of the following persons: Tenant; any assignees claiming by, through, or under Tenant; any subtenants claiming by, through, or under Tenant; and any of their respective agents, contractors, employees, licensees, guests and invitees.

  • Ineligible Assignee means a natural Person, the Borrower, any Affiliate of the Borrower or any other Person taking direction from, or working in concert with, the Borrower or any of the Borrower’s Affiliates.

  • Eligible land means undeveloped land which is zoned for commercial use and which is not subject to a building moratorium or other restriction on construction.

  • approved person means, in respect of a member (Member) of the Investment Industry Regulatory Organization of Canada (IIROC), an individual who is a partner, director, officer, employee or agent of a Member who is approved by IIROC or another Canadian SRO to perform any function required under any IIROC or other Canadian SRO by-law, rule, or policy;

  • Sanctioned Entity means (a) a country or territory or a government of a country or territory, (b) an agency of the government of a country or territory, (c) an organization directly or indirectly controlled by a country or territory or its government, or (d) a Person resident in or determined to be resident in a country or territory, in each case of clauses (a) through (d) that is a target of Sanctions, including a target of any country sanctions program administered and enforced by OFAC.

  • Approved Servicer shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Ineligible means that the individual obtained the checks and clearances as described in sections 5n and 5q and is not considered appropriate to obtain a license, to be a member of the household of a group child care home or family child care home, or to be a child care staff member due to violation of section 5n, 5q, or 5r.

  • Ineligible Costs means those costs set out under section E2.1 of Schedule “E” of this Agreement.

  • Ineligible Account means an Account that at the time of determination is not an Eligible Account.

  • Residential child care facility means a twenty-four-hour residential facility where children live together with or are supervised by adults who are not their parents or relatives;