Model Units definition

Model Units means a maximum of five (5) model units, private common recreation facilities and sales facilities constructed by OWNER prior to the construction of any Production units and not offered for sale and occupancy until after the issuance of the first certificate of occupancy for a Production Unit.
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Model Units means all Units which are initially used as models or sales offices to market a particular Project and that are not intended to be sold until all or substantially all other Units in such particular Project are sold.
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Model Units means a maximum of twelve (12) model units, private common recreation facilities and sales facilities constructed by OWNER prior to the construction of any Production Units and not offered for sale and occupancy for a period of time after the issuance of permits for Production Units.
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Examples of Model Units in a sentence

  • Current Model: Units furnished under this specification shall be the latest improved model in current production, as offered to commercial trade, built for the U.S. market, and shall be of quality workmanship and material.

  • Darby introduced the report, which set out the status of charging arrangements that currently operated with each district and the options that had been reviewed for the arrangements that would be put in place from vesting day.

  • According to the Town of Emerald Isle Ordinances, all RVs/Park Model Units on Premises must be towable at any time.

  • Model Units Model units are maintained primarily during a project’s rent-up period to show prospective tenants the desirability of the project’s units.

  • The issuance of building permits by CITY for Model Units and Production Units is, in general, contingent on OWNER’s completion of needed infrastructure improvements and the availability of improvements and services to serve the Property.

  • Lessee understands that RVs/Park Model Units manufactured between 2005 to 2015 must be replaced once they turn 15 years old.

  • Baseline Road, Little Rock, AR 72209, if shipping UPS, FedEx, etc.).The successful bidder may provide Parts Manuals on computer media (CD ROM, Floppy Disks, etc.) in lieu of printed manuals.5. Current Model: Units furnished under this specification shall be the latest improved model in current production, as offered to commercial trade, built for the U.S. market, and shall be of quality workmanship and material.

  • Real Estate Offices, Including Model Units: In any district when accessory to a new development.

  • Recognised Units Rules on Complex UnitsLanguage Model Units Figure 2: Illustration of the preprocessing on the recog- nized units.

  • Such bid or bids may be rejected by the Department until such failure or failures have been remedied to the satisfaction of the Department and until such manufacturer or dealer is providing such warranty-work, parts, replacement parts, and service in a timely manner.5. Current Model: Units furnished under this specification shall be the latest improved model in current production, as offered to commercial trade, built for the U.S. market, and shall be of quality workmanship and material.


More Definitions of Model Units

Model Units means Units to be constructed on Lots in accordance with the Unit Plans to be used by Borrower as models for the marketing of Units.
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Related to Model Units

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Common Units is defined in the Partnership Agreement.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Class A Common Units means the Company's Class A Common Units.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • Class B Units means the Class B Units of the Company.

  • Membership Units means membership interests in the Company.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Vested Units means those Units listed as vested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Private Units means the Units certain of the Investors are privately purchasing simultaneously with the consummation of the Company’s initial public offering.

  • Class C Units means the Class C Units of the Company.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to: