Property Charges Sample Clauses

The Property Charges clause defines the responsibility for paying ongoing costs associated with a property, such as taxes, utilities, insurance, and maintenance fees. Typically, this clause specifies whether the landlord or tenant is liable for these expenses during the term of a lease or occupancy. For example, in a commercial lease, the tenant may be required to pay all property taxes and utility bills directly, while the landlord covers structural repairs. The core function of this clause is to clearly allocate financial obligations related to the property, preventing disputes and ensuring that all necessary charges are paid in a timely manner.
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Property Charges. All taxes, fees, assessments, water, sewer and municipal charges (general or special) and all insurance premiums, leasehold payments or ground rents.
Property Charges. The Mortgagor represents and warrants that all Property Charges imposed upon or assessed against the Mortgaged Property have been paid (or will be paid in Mortgagor’s ordinary course of business) and discharged except to the extent such Property Charges constitute, as of the date hereof and hereafter, a Permitted Lien.
Property Charges within 14 days after the date of this Agreement, procure: (a) the delivery by the US counsel of Dynea USA Inc. (formerly Neste Resins Corporation) and Dynea Fort ▇▇▇▇▇ Inc. (formerly Neste Polyester Inc.) to the US counsel of the Banks all title reports, copies of any existing land surveys and results of all environmental searches in respect of the properties described in paragraphs 2(e)(i) and (ii) of Part II of Schedule 2 (Conditions Precedent) together with any such further information or searches in respect of those properties as the Facility Agent may reasonably require; and (b) that the Facility Agent be provided full information about any real properties owned by Dyno and its Subsidiaries and within 45 days after the date of this Agreement procure that such of Dyno or its Subsidiaries execute and deliver to the Security Trustee (in each case in the form and substance reasonably satisfactory to the Facility Agent) Property Charges over such real properties as the Facility Agent may reasonably require, together in each case with a legal opinion from ▇▇▇▇▇▇, Halter & ▇▇▇▇▇▇▇▇ LLP (and any legal opinions from local counsel, if such opinions are reasonably requested by the Facility Agent) together with Certified Copies of the relevant Group Companies' board minutes approving and authorising the execution and delivery of the said documents in accordance with paragraph 1 of Part II of Schedule 2 (Conditions Precedent). The relevant Group Companies shall procure the issuance in favour of the Finance Parties policies of mortgage title insurance (written on ALTA form and in amounts and form reasonably acceptable to the Facility Agent) in respect of all Property Charges deliverable by such Group Companies pursuant to this sub-clause 12.3.17 and shall pay all costs, fees and premiums therefor and deliver to the Facility Agent such additional documentation (including without limitation, UCC-1 financing statements and environmental indemnity agreements) as may be required by the Facility Agent (acting reasonably); and
Property Charges. No proration shall be made of real estate and personal property taxes, utility charges, or maintenance or operating expenses with respect to the Property, as such charges are the responsibility of Seller, as “Tenant”, under the Lease. The foregoing provisions of this Section 4.4 shall survive the Closing. 4.5
Property Charges. 1. Without prejudice to what is further provided in these provisions the property charges and taxes resting on the apartment right(s) as well as benefits come for the account or casu quo for the benefit of the acquirer from the date of the deed of delivery or from the date of possibly earlier occupation. 2. The share in the debts and costs, which as a result of what is laid down in the deed of splitting or indicated regulations, are for the account of the collective owners as well as the share in such benefits in for the account casu quo for the benefit of the contractor until the date of delivery of the private section or until the date of possibly earlier occupation of that section.
Property Charges. Rates in respect of the Properties not exceeding £28,028 in aggregate;

Related to Property Charges

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • Third-Party Charges Customer may incur charges from third party service providers that are separate and apart from the amounts charged by Comcast. These may include, without limitation, charges resulting from accessing on-line services, calls to parties who charge for their telephone based services, purchasing or subscribing to other offerings via the Internet or interactive options on Public View Video, Video, or otherwise. Customer agrees that all such charges, including all applicable taxes, are Customer’s sole responsibility. In addition, Customer is solely responsible for protecting the security of credit card information provided to others in connection with such transactions.

  • REAL ESTATE TAXES, SPECIAL ASSESSMENTS AND PRORATIONS (a) Because the Entire Property (of which the Property is a part) is subject to a triple net lease (as further set forth in paragraph 11(a)(i), the parties acknowledge that there shall be no need for a real estate tax proration. However, Seller represents that to the best of its knowledge, all real estate taxes and installments of special assessments due and payable in all years prior to the year of Closing have been paid in full. Unpaid real estate taxes and unpaid levied and pending special assessments existing on the date of Closing shall be the responsibility of Buyer and Seller in proportion to their respective Tenant in Common interests, pro-rated, however, to the date of closing for the period prior to closing, which shall be the responsibility of Seller if Tenant shall not pay the same. Seller and Buyer shall likewise pay all taxes due and payable in the year after Closing and any unpaid installments of special assessments payable therewith and thereafter, if such unpaid levied and pending special assessments and real estate taxes are not paid by any tenant of the Entire Property. (b) All income and all operating expenses from the Entire Property shall be prorated between the parties and adjusted by them as of the date of Closing. Seller shall be entitled to all income earned and shall be responsible for all expenses incurred prior to the date of Closing, and Buyer shall be entitled to its proportionate share of all income earned and shall be responsible for its proportionate share of all operating expenses of the Entire Property incurred on and after the date of closing.

  • Real Estate Taxes and Special Assessments The 2022 calendar year real estate taxes due and payable in 2023 shall be paid by Seller. Seller shall credit Buyer(s) at closing for said 2022 real estate taxes payable in 2023 based on the most recent ascertainable tax figures. ▇▇▇▇▇ is responsible for all subsequent real estate taxes.

  • CONTRACT CHARGES The Contract Charges for the Services shall be structured using any of the following pricing mechanisms (as may be agreed by the Parties and set out in an SOW); Capped Time and Materials; Price per Story; Time and Materials; Fixed Price (to be used only for Services that are ancillary to software development services); or using such other pricing mechanism or combination of pricing mechanism thereof as may be agreed by the Parties. In consideration of the Supplier’s performance of its obligations under this Contract and in consideration of the specific services that are set out in an applicable SOW, the Customer shall pay the undisputed Contract Charges in accordance with the relevant SOW for the Release and the payment provisions set out at Clause 14 (Payment and VAT). The Customer shall, in addition to the Contract Charges and following delivery by the Supplier of an Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Services supplied in accordance with this Contract. If at any time during this Contract Period the Supplier reduces its framework Prices for any Services which are provided under the framework Agreement (whether or not such Services are offered in a catalogue (if any) which is provided under the framework Agreement) in accordance with the terms of the framework Agreement, the Supplier shall immediately reduce the Contract Charges for such Services under this Contract by the same amount. The Supplier shall in any event ensure that the Contract Charges are at all times compliant and consistent with the charging structure set out in framework Schedule 8 (Charging Structure) and do not exceed the prices set out therein. Contract Charges: