Interim Sum definition

Interim Sum means a yearly sum assessed by the Management Company acting reasonably on account of the Service Charge for each Accounting Period being a fair and reasonable estimate of the Service Charge payable by the Tenant in respect of that Accounting Period
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Interim Sum means the yearly sum assessed or caused to be assessed by the Landlord as an estimate of and on account of the Service Rent
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Interim Sum means the yearly sum reasonably assessed by or on behalf of the Superior Landlord as an estimate of the Service Rent;
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Examples of Interim Sum in a sentence

  • Interim Sum (2) Add together the results of the Interim Sum from above and the Out-of-Pocket Factor.

  • Example:(Sum of [10A]) x (column [10A]’s Deductible Carryover Factor) x (column [10A]’s Deductible Factor) Interim Sum (1) Add together the results of the Interim Product calculation for columns [10A] and [10B].

  • The Interim Sum will then be apportioned between the Partners in accordance with their proportionate contributions to the Arrangements in the previous Financial Year.

  • Prior to the grant of each of the Leases, the Landlord shall notify to the Tenant in writing of the amount of the Interim Sum (as such term is defined in the Leases) attributable to the Leases in question and this figure shall be inserted in manuscript or otherwise at paragraph 4 (D) of Schedule 5 of the Leases in question.

  • Within fourteen days after the service on the Tenant by or on behalf of the Landlord of a certificate showing that the Service Charge for any Accounting Period exceeds the Interim Sum for that Accounting Period the Tenant shall pay the Landlord a sum equal to the excess provided that if there shall be any such excess in respect of the last Accounting Period commencing during the currency of the Lease the amount of such excess shall be a debt due from the Tenant to the Landlord.

  • Subject to the provisions of paragraph (b) of this Part of the Schedule, the Interim Sum for each Accounting Period shall be paid by equal quarterly payments in advance at the four Service Charge Payment Days in each Accounting Period.

  • Interim Sum Add together Total Medical from above and the Out-of-Pocket Factor.


More Definitions of Interim Sum

Interim Sum means a yearly sum assessed by the Landlord on account of the Service Charge for each Financial Year based on the Landlord’s estimate of the Service Charge payable by the Tenant in respect of that Financial Year subject to any adjustments which may be made in accordance with the provisions of this Schedule
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Interim Sum means a provisional amount on account of the Service Charge for the relevant Financial Year calculated by the Landlord’s surveyor (acting as an expert) based on the surveyor’s reasonable estimate of the likely amount of the Service Charge for the Financial Year in question.
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Interim Sum means a provisional amount on account of the Service Rent for the relevant Financial Year calculated by the Managing Agent (acting as an expert) based on the Managing Agent's reasonable estimate of the likely amount of the Service Rent for the Financial Year in question
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Interim Sum means a yearly sum assessed by the Landlord or the Landlord's Surveyor (acting reasonably) on account of the Service Charge for each Accounting Period being a fair and reasonable estimate of the Service Charge payable by the Tenant in respect of that Accounting Period RPI means the Retail Prices Index (all items) published monthly in the United Kingdom by the Office for National Statistics or any official publication substituted for it Service Charge means for any Accounting Period: (a) the Capped Element (b) a fair and reasonable proportion of the Estate Service Cost for that Accounting Period which the Landlord reasonably determines is fairly and reasonably attributable to the Premises (c) a fair and reasonable proportion of the Utility Costs for that Accounting Period as reasonably determined by the Landlord (d) a proportion of the Incidental Service Cost for that Accounting Period which the Landlord reasonably determines is fairly and reasonably attributable to the Premises (e) (to the extent the Tenant does not pay it directly to the relevant supplier) the total cost of all utilities separately metered and exclusively supplied to the Premises PROVIDED ALWAYS THAT all interest earned on all Interim Sums and any other service charge monies held by the Landlord whether in anticipation of future expenditure or otherwise shall be credited against Service Costs 11/46486557_5 54UKMATTERS:45919740.1
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Related to Interim Sum

  • Interim Statements means the quarterly financial statement of any insurance company as required to be filed with the Department, together with all exhibits or schedules filed therewith, prepared in conformity with SAP. References to amounts on particular exhibits, schedules, lines, pages and columns of such interim statements are based on the formats promulgated by the NAIC for 2012 interim statements for the applicable type of insurance company. If such format is changed in future years so that different information is contained in such terms or they no longer exist, it is understood that the reference is to information consistent with that recorded in the referenced item in the 2012 interim statement of the insurance company.

  • Interim Payment has the meaning specified in Section 10.1.

  • Revenue Operations Date (ROD) means the date of operation of Metro

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Interim Monitor means any monitor appointed pursuant to Paragraph III of this Order or Paragraph III of the related Order to Maintain Assets.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Coal preparation plant means a facility where coal is crushed, screened, sized, cleaned, dried, or otherwise prepared and loaded for transit to a consuming facility. “Coal preparation plant associated areas” means the coal preparation plant yards, immediate access roads, coal refuse piles, and coal storage piles and facilities. “Coal preparation plant water circuit means all pipes, channels, basins, tanks, and all other structures and equipment that convey, contain, treat, or process any water that is used in coal preparation processes within a coal preparation plant.

  • Funds Flow Statement means a funds flow statement in agreed form.

  • Lenders’ Expenses are all audit fees and expenses, costs, and expenses (including reasonable attorneys’ fees and expenses, as well as appraisal fees, fees incurred on account of lien searches, inspection fees, and filing fees) for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings) or otherwise incurred by Collateral Agent and/or the Lenders in connection with the Loan Documents.

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

  • Interim Financial Statements has the meaning set forth in Section 3.06.

  • Interim Period has the meaning specified in Section 6.1.

  • NCZ Examined Project means any Generator or UDR project that is not exempt pursuant to 23.4.5.7.8 and either (i) is in a Class Year on the date the Commission accepts the first ICAP Demand Curve to apply to a Mitigated Capacity Zone or (ii) meets the criteria specified in 23.4.5.7.3(II). An NCZ Examined Project may be at any phase of development or in operation or an Installed Capacity Supplier.For purposes of Section 23.4.5 of this Attachment H, “Net CONE” shall mean the localized levelized embedded costs of a peaking unit in a Mitigated Capacity Zone, net of the likely projected annual Energy and Ancillary Services revenues of such unit, as determined in connection with establishing the Demand Curve for a Mitigated Capacity Zone pursuant to Section 5.14.1.2 of the Services Tariff, or as escalated as specified in Section 23.4.5.7 of Attachment H.

  • Credit allowance date means with respect to any qualified equity investment:

  • Project Preparation Advance is modified to read “Preparation Advance” and its definition is modified to read as follows:

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Interim Financials has the meaning set forth in Section 2.5(a).

  • Insurance premium finance company means a person engaged in the business of

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Company Interim Financial Statements has the meaning specified in Section 4.08(a).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • Interim Rent means the pro-rata portion of Rent due for the period from the Commencement Date through but not including the first day of the first full Rent Interval included in the Initial Term.

  • Non-Cash Charges has the meaning specified in the definition of the term “Consolidated EBITDA”.