Building Service Charge definition

Building Service Charge means a fair proportion (calculated on a floor area basis or any other method as the Landlord decides4 from time to time) of the Building Service Costs subject to any adjustments made by the Landlord under the provisions of paragraph 1.7 of Part 4 of the Schedule;5
Building Service Charge means the aggregate costs, expenses and outgoings paid, payable, incurred or borne from time to time in the provision of the Building Services;
Building Service Charge means the aggregate of the costs, expenses, overheads, payments, charges and outgoings paid, payable, incurred or to be incurred or borne by the Landlord in providing the Building Services, calculated and payable in the manner set out in Part III of Schedule 6 of this Lease;

Examples of Building Service Charge in a sentence

  • The costs of the Building Manager undertaking any Works in accordance with this clause 24 shall be a debt payable by the defaulting Owner to the Building Service Charge on demand.

  • Building Service Charge exclusions Costs arising from any damage or destruction to the Building caused by an Insured Risk or an Uninsured Risk.

  • Building Service Charge Exclusions Costs arising from any damage or destruction to the Building caused by an Insured Risk or an Uninsured Risk.

  • Available on a new Internal Repairing and Insuring lease with the external repairs and maintenance costs recharged via the Building Service Charge.

  • The main structure and exterior of the building, including the foundations and the roof thereof, is the responsibility of the Residents Management Company with the costs being covered via the Building Service Charge.


More Definitions of Building Service Charge

Building Service Charge means a fair proportion (the “Lessee’s Proportion”) of all costs charges and expenses incurred by the Lessor in carrying out its obligations under the Seventh Schedule hereto in connection with the Building and the Reserved Property
Building Service Charge means the service charge that shall relate to the Affordable Housing Units and which shall include the costs associated with the ongoing management and maintenance of the external fabric and internal common part of those buildings accommodating the relevant Affordable Housing Unit;
Building Service Charge. The Lessee will responsible for the maintenance utilities and running costs of the demise and as such no building service charge will be demanded. Estate Service Charge |TBC): The Lessee will be responsible for a fair and reasonable proportion of the estate service charge applied to the building to commence from the date of completion of the lease or beneficial occupation, whichever is earlier. An initial estate service charge budget will be provided to the Lessee for the estate service charge to include a full breakdown of the items of expenditure to be included within the Lessor’s estate services. Insurance: The Lessor will insure the Building against such risks as are generally available in the market (“the Insured Risks”). Terrorism cover will be included (as long as that insurance is available on reasonable terms). A fair proportion of the cost of insuring the Building will be recovered from the Lessee. The Tenant’s insurance apportionment will be calculated by reference to the net lettable area of the Demised Premises, in relation to the net lettable area of the Property.
Building Service Charge means the Building Percentage of the Total Building Service Costs in any Accounting Period;
Building Service Charge shall have the meaning ascribed thereto in schedule 2
Building Service Charge means the due proportion of the Building Service Costs which is attributable from time to time to the Premises in accordance with this schedule
Building Service Charge means a Fair Proportion of the Building Provision