Maintenance Charges definition

Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

Maintenance Charges means the proportionate amount of Common Expenses payable monthly by the Allottee to the Maintenance Agency;

Maintenance Charges shall comprise of the Common Expenses and such other charges incurred for the welfare and maintenance of the Project;

Examples of Maintenance Charges in a sentence

• If due to such adjustment in IFSD falls below the six months average of the Maintenance Charges, then the Allottee shall make good the resultant shortfall within 15 (fifteen) days from the due date of the defaulted maintenance bill.

• In case the Allottee fails to take possession within the time provided in clause 7.2, such Allottee shall continue to be liable to pay Maintenance Charges as applicable.

• The Allottee hereby agrees to purchase the Apartment on the specific understanding that his/her/its right to the use of Common Areas shall be subject to timely payment of Maintenance Charges, as determined by the Promoter/Maintenance Company (or Association) and performance by the Allottee of all his/her/its obligations in respect of the terms and conditions specified by the Promoter/Maintenance Company and/or Association from time to time.

• Further, the right of the Allottee to use the Common Areas shall always be subject to the timely payment of Maintenance Charges and other charges as applicable.

• The operational costs/charges of the Club will be included in the Maintenance Charges of unit owners of Alpine and be as determined from time to time by the Promoter/Maintenance Company and/or the Association.

More Definitions of Maintenance Charges

Maintenance Charges means the annual assessment paid for maintenance, taxes and management fees for the Home Resort owned by You.

Maintenance Charges shall have the meaning ascribed to it in Clause 41(b);

Maintenance Charges means the proportionate amount of Common Expenses payable monthly by the Purchaser to the Maintenance Agency;

Maintenance Charges with respect to any Lease, the amount owing by the Lessee under the terms of the related Lease in respect of maintenance services being provided in connection therewith. Maturity: with respect to any installment of principal of or interest on any Note, the date on which such installment is due and payable as therein or herein provided, whether at the Stated Maturity, by declaration of acceleration, or otherwise.

Maintenance Charges means charges payable to the Maintenance Agency for maintenance and management of the Said Project/Whole Project as described in Clause 5.5 of this Agreement.

Maintenance Charges means the monthly charges towards the maintenance services, as provided in Annexure C-I (a).

Maintenance Charges means the charges payable by the User to the Maintenance Agency for the Maintenance Services but this does not include the charges for actual consumption of utilities in the Said Apartment including but not limited to electricity, water, charges which shall be charged on monthly basis as per actual consumption/ usage and also does not include any statutory payments/taxes with regard to Said Complex/ Said Building/ Said Apartment. The maintenance charges will be calculated on the basis of actual cost of Maintenance Services.