Common use of Fixed Maintenance Charges Clause in Contracts

Fixed Maintenance Charges. (i) Amount calculated and determined at the beginning of the year shall be payable towards costs of maintenance and upkeep in terms of the services provided under Paragraph A of Schedule -I. Such cost would be calculated by taking into account expenditure on man power cost (salary, perquisites etc.) material cost, annual maintenance contract(s) charges, Charges towards outsourced services, hire charges for equipment, routine repairs, office expenses, IT expenses, expenses on organizing activities, expenses on gym trainer and social worker, charges of wellness manager, statutory fees, levies, contingent expenses, welfare expenses, charges, transport charges etc.

Appears in 2 contracts

Samples: Draft Maintenance Agreement, Draft Maintenance Agreement

AutoNDA by SimpleDocs

Fixed Maintenance Charges. (ia) Amount Sum calculated and determined at the beginning of the year shall be payable towards costs of maintenance and upkeep in terms of the services provided under Paragraph A of Schedule -I. Such cost would be calculated by taking into account expenditure on man power cost (salary, perquisites etc.) material cost, annual maintenance contract(s) charges, Charges towards outsourced services, hire charges for equipment, routine repairs, office expenses, IT expenses, expenses on organizing activities, expenses on gym trainer and social worker, charges of wellness manager, statutory fees, levies, contingent expenses, welfare expenses, charges, transport charges etc.

Appears in 1 contract

Samples: Draft Maintenance Agreement

AutoNDA by SimpleDocs

Fixed Maintenance Charges. (i) Amount a. Sum calculated and determined at the beginning of the year shall be payable towards costs of maintenance and upkeep in terms of the services provided under Paragraph A of Schedule -I. Such cost would be calculated by taking into account expenditure on man power cost (salary, perquisites etc.) ), cost of contractual staff hired, if any, material cost, annual maintenance contract(s) charges, Charges towards outsourced services, hire charges for equipment, routine repairs, office expenses, IT expenses, expenses on organizing activities, expenses on gym trainer and social worker, charges of wellness manager, statutory fees, levies, contingent expenses, welfare expenses, miscellaneous charges, dining overheads, payment to nurses and doctors, transport charges etc.

Appears in 1 contract

Samples: Maintenance Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!