Common use of Fixed Rental Charges Clause in Contracts

Fixed Rental Charges. 4.6.1. The licensee will have to pay fixed rental charges as per approved rate as per Maha-Metro’s policy. The bidder/licensee will have to declare the load required for the property business space at the time of possession of business space as per (Annexure-A). Depending on the load the fixed rental charges will be levied by Maha-Metro, which will be revised yearly during license period. Licensee shall have to maintain its power demand within the declared load. However, the licensee if request for additional power load the Maha-Metro will provide the same with the fixed charges applicable for increased load. Licensee will have to apply the same one month in advance. Sr. No Establishments Monthly fixed rental Charges (Rs. / kW / month) 1 Normal Shop 4000 3900 3970 4010 3330 3210 2 Cold Storage only 4900 4770 4860 4900 4050 3900 4.6.2. The responsible persons, one each from O&M team, Accounts / finance team and third-party user representative will check the connected load initially and at surprise visits and will sign the report as per Annexure-A.

Fixed Rental Charges. 4.6.1. The licensee will have to pay fixed rental charges as per approved rate as per Maha-Metro’s policy. The bidder/licensee will have to declare the load required for the property Retail business space at the time of possession of business space as per (Annexure-A). Depending on the load the fixed rental charges will be levied by Maha-Metro, which will be revised yearly during license period. Licensee shall have to maintain its power demand within the declared load. However, the licensee if request for additional power load the Maha-Metro will provide the same with the fixed charges applicable for increased load. Licensee will have to apply the same one month in advance. Sr. No Establishments Monthly fixed rental Charges (Rs. / kW / month) 1 Normal Shop 4000 3900 3970 4010 3330 3210 2 Cold Storage only 4900 4770 4860 4900 4050 3900 4.6.24.6.1. The responsible persons, one each from O&M team, Accounts / finance team and third-party user representative will check the connected load initially and at surprise visits and will sign the report as per Annexure-A.