Common use of Payment of the Service Charge Rent Clause in Contracts

Payment of the Service Charge Rent. (A) The Tenant shall pay to the Landlord the due proportion for any service charge period beginning or ending during the term. (B) The Tenant shall discharge the due proportion by means of equal on-account payments in advance on the usual quarter days in each year of such sum as the Landlord shall reasonably and properly determine to be an estimate of the total costs for the then current service charge period. (C) If the aggregate of the on-account payments made by the Tenant differs from the due proportion as appearing from the summary of total costs then any sum due to the Landlord shall be paid within seven days of written demand and any over-payment shall either be allowed to the Tenant against the next on-account payment due under this schedule or paid by the Landlord to the Tenant within 14 days of the ending of the term. (D) If the Landlord does not maintain a sinking fund or a reserve fund, then if reasonably so required, the Tenant will on demand re-imburse to the Landlord the due proportion of any heavy or unusual expenditure forming part of the total costs. (E) For the purpose of any apportionment in respect of a period shorter than a service charge period the due proportion for the service charge period will be deemed to accrue on a daily basis. (F) Notwithstanding the ending of the term, paragraph (C) will continue to apply in respect of the then current service charge period and any earlier service charge period.

Payment of the Service Charge Rent. (A) The Tenant shall pay to the Landlord the due proportion service charge rent for any each service charge period beginning or ending during the term. (B) The Tenant shall discharge make payments on account of the due proportion by means of equal on-account payments service charge rent in advance on the usual quarter days in each year of such sum amounts as the Landlord shall may reasonably and properly determine to be an estimate require. (C) After the Landlord has submitted the summary of the total costs for the then current a service charge period. (C) If period in accordance with this schedule, if the aggregate of the on-on account payments made by the Tenant differs from the due proportion as appearing from service charge rent for the summary of total costs service charge period concerned then any sum due shortfall shall be paid to the Landlord shall be paid within seven fourteen days of written demand and any over-payment shall either be allowed to the Tenant against the next on-on account payment due under this schedule or paid by the Landlord to the Tenant within 14 days of or, after the ending of the termterm and subject to the settlement of any outstanding sums due to the Landlord under this Lease, returned to the Tenant. (D) If the Landlord does not maintain a sinking fund or a reserve fund, then if reasonably so required, the Tenant will on within 21 days of written demand re-imburse to the Landlord the due proportion of any heavy or unusual expenditure forming part of the total costs. (E) Save as specifically provided in this paragraph, the Tenant will not be entitled to the repayment of any amounts paid by it or by any other tenant or occupier of the Building by way of or on account of the service charge rent whether such amounts have been applied to a sinking fund or a reserve fund. (F) For the purpose of any apportionment in respect of a period shorter than a service charge period period, the due proportion service charge rent for the service charge period concerned will be deemed to accrue on a daily basis. (FG) Notwithstanding the ending of the term, this paragraph (C) will continue to apply in respect of the then current service charge period and any earlier service charge periodperiods.