Common use of Maintenance Reserve Fund Clause in Contracts

Maintenance Reserve Fund. 7.1. The Resident must pay a recurrent contribution to the Scheme Operator in respect of the fund established and kept by the Scheme Operator for maintaining and repairing the Retirement Village’s capital items (‘Maintenance Reserve Fund’).

Appears in 5 contracts

Samples: www.svcs.org.au, www.svcs.org.au, www.svcs.org.au

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