Estate Service Charge definition

Estate Service Charge means a fair proportion (calculated on a floor area basis or any other method as the Landlord12 decides from time to time) [the Tenant's Proportion]13 of the Estate Service Costs subject to any adjustments made by the Landlord under the provisions of paragraph 1.7 of Part 4 of the Schedule;
Estate Service Charge the fair proportion properly attributable to the Premises of the sums payable by the Landlord pursuant to paragraph 7 of schedule 2 to the Superior Lease as determined from time to time by the Landlord’s surveyor acting fairly and reasonably and to be based on the proportion that the net internal area of the Premises bears to the total net internal area of the Lettable Premises
Estate Service Charge and “Interim Estate Service Charge” are defined in paragraph 1 of schedule 8

Examples of Estate Service Charge in a sentence

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

  • There is also a Building Curtilage Service Charge in respect of the parking spaces, paths, planted area, cycle store, etc on Xxxxxxxxx Mews and an Estate Service Charge in respect of the unadopted parts of the New Cardington development.

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

  • Existing lease: 10 years from 15 August 2019 Break Clause/ Rent Reviews: August 2024 Passing rent: £23,500 per annum Estate Service Charge: £748.20 plus VAT per annum (paid quarterly) Building Service Charge: £309.07 per annum VAT: Applicable EPC D (77) Business Rates Rateable value: £17,000 The current multiplier for 2021/2022 49.9p payable Interested parties are advised to contact the relevant local authority Accommodation Unit 7 is an end of terrace two storey business unit built in the 1990s.


More Definitions of Estate Service Charge

Estate Service Charge means a fair and reasonable proportion of the Building’s Proportion of the Estate Annual Service Cost in respect of each calendar year running from 1 January and ending on 31 December next following or such other period as the Landlord may determine (“Accounting Period”)
Estate Service Charge. [a fair proportion (calculated on a floor area basis or any other method as the Landlord decides from time to time)][the Tenant’s Proportion]18 of the Estate Service Costs subject to any adjustments made by the Landlord under the provisions of paragraph 7 of Part 1 of Schedule 3; “Estate Service Costs” the aggregate costs [less any Estate Contribution] incurred by the Landlord in providing the Estate Services and the Additional Estate Services in each Accounting Period including: VAT that is not recoverable by the Landlord from HM Revenue & Customs); costs chargeable under paragraph 2.5 of Part 1 of Schedule 3 in relation to the Estate Services and Additional Estate Services “Estate Services” the services listed in Part 4 of Schedule 3; [“External Works” works permitted under clause 4.11.4 [and 4.11.8];] [“Gross Internal Areathe gross internal area (or, when implemented, the equivalent International Property Measurement Standard) measured in accordance with the edition of the Professional Statement for Property Measurement issued by the Royal Institution of Chartered Surveyors current at the date of [this Lease][measurement];19] “Group Company” in relation to any company, any other company within the same group of companies as that company within the meaning of section 42 of the 1954 Act; [“Head Leasethe lease dated [DATE] made between (1) [PARTY] and (2) [PARTY];]
Estate Service Charge. [a fair proportion (calculated on a floor area basis or any other method as the Landlord decides from time to time)][the Tenant’s Proportion]18 of the Estate Service Costs subject to any adjustments made by the Landlord under the provisions of paragraph 7 of Part 1 of Schedule 3; “Estate Service Costs” the aggregate costs [less any Estate Contribution] incurred by the Landlord in providing the Estate Services and the Additional Estate Services in each Accounting Period including: VAT that is not recoverable by the Landlord from HM Revenue & Customs); costs chargeable under paragraph 2.5 of Part 1 of Schedule 3 in relation to the Estate Services and Additional Estate Services “Estate Services” the services listed in Part 4 of Schedule 3; [“External Works” works permitted under clause 4.11.4 [and 4.11.8];] [“Fast-Food Restaurant” premises where customers order, pay for and collect hot or cold meals and drinks from a counter service whether or not the meals and drinks are to be consumed on or off the premises;19] [“Gross Internal Areathe gross internal area (or, when implemented, the equivalent International Property Measurement Standard) measured in accordance with the edition of the Professional Statement for Property Measurement issued by the Royal Institution of Chartered Surveyors current at the date of [this Lease][measurement];20] “Group Company” in relation to any company, any other company within the same group of companies as that company within the meaning of section 42 of the 1954 Act; [“Head Leasethe lease dated [DATE] made between (1) [PARTY] and (2) [PARTY];]
Estate Service Charge a fair proportion (calculated on a floor area basis or any other method as the Landlord decides from time to time) of the Estate Service Costs subject to any adjustments made by the Landlord under the provisions of paragraph 7 of Part 1 of Schedule 3; “Estate Service Costs” the aggregate costs incurred by the Landlord in providing the Estate Services and the Additional Estate Services in each Accounting Period together with: VAT that is not recoverable by the Landlord from HM Revenue & Customs; and the sums chargeable under paragraph 2.5 of Part 1 of Schedule 3 in relation to the Estate Services and Additional Estate Services;
Estate Service Charge means the aggregate of the costs, expenses, overheads, payments, charges and outgoings paid, payable, incurred or borne by the Management Company in maintaining, repairing, renewing and providing services, amenities and facilities to the Estate Common Areas, including the Estate Services whether or not the Management Company is obliged by this Lease to incur the same, calculated and payable in the manner set out in Part II of Schedule 5 of this Lease;
Estate Service Charge. A percentage, basis of apportionment to cover the repair and maintenance of none adopted roadways and open areas, security and estate management. Lease B represents 21.5 % of overall estate costs. Calculation to be provided.
Estate Service Charge mean an estate serve charge forever charged on and issuing out of the Site and representing a fair and proper proportion of the Expenditure applicable to the particular Dwelling and payable annually to the Management Company in respect of its administration and of insuring maintaining repairing renewing as necessary and generally managing the Open Space and the Species Rich Grassland in accordance with the Panning Permission and the Open Space Scheme;