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. [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 and “Interim Estate Service Charge” are defined in paragraph 1 of schedule 8

Examples of Estate Service Charge in a sentence

  • The Estate Service Charge shall be deemed to accrue on a day-to-day basis in order to ascertain yearly rates and for the purposes of apportionment in relation to periods other than a Service Charge Period.

  • Subject to the payment of the Tenant's Proportion of the Estate Service Charge and the Tenant’s Proportion of the Basement Service Charge, to provide or cause to be provided such of the maintenance and services more particularly set forth in Schedule 5 and Schedule 7.

  • The weekly index numbers of wholesale prices have acquired considerable significance over time, as this is the only index which gives an idea of the week-to-week fluctuations in the prices of all the traded commodities.

  • The Tenant's Proportion of the Estate Service Charge for each Service Charge Period shall be discharged by means of equal quarterly payments in advance to be made on each of the Instalment Days in each year or on such date on which a demand therefor is made (whichever shall be the later date) and by such additional payments as may be required under Clauses 3 and 7 of this Part II of Schedule 5.

  • Subject to payment of the Tenant’s Proportion of the Estate Service Charge, to provide or cause to be provided the maintenance and services more particularly set forth in Schedule 5 in accordance with the principles of good estate management.


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 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. A percentage, basis of apportionment to cover the repair and
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 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. [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 means such sum of money as shall be equal to a fair and proper proportion (as determined by the Landlord acting reasonably) of Total Estate Expenditure provided that the Tenant shall not be obliged to contribute towards the actual cost of further development of the Estate by way of new building.