Other Charge definition
Examples of Other Charge in a sentence
Therefore, if any Rent, Additional Rent or Other Charge installment is not received by Landlord from Tenant by the fifth (5th) day after such installment is due, Tenant shall immediately pay to Landlord, in addition to the installment due, a late charge equal to twelve percent (12%) of such installment.
At the Valuation Date on or immediately preceding the seventh day before the Annuity Commencement Date the amount allocated to provide a Fixed Annuity is applied in accordance with Section VI-D to determine the amount of the Fixed Annuity Payment; however, the amount of the payment may be increased by any interest that may be credited by the Company in excess of the interest rate guaranteed by this Contract.
Premium Increase Due to Tax or Other Charge If a government agency or other taxing authority imposes or increases a tax or other charge (excluding a tax on or measured by net income) upon Health Plan or any of its contracting providers (or any of their activities), then beginning on the effective date of that tax or charge, the Health Plan may calculate the Group’s Premium to include the Group’s share of the new or increased tax or charge, subject to regulatory approval where required.
If Tenant fails to pay as and when due any Tax or Other Charge, or any Penalty that may be assessed notwithstanding the foregoing provisions of this Section 5.1, and if thereafter Landlord (in its sole and absolute discretion) pays such Tax, Other Charge or Penalty with funds other than those in the Tax Escrow, then, upon its receipt of Landlord's written notice of payment, Tenant shall pay Landlord an amount equal to any such Tax, Other Charge or Penalty for which Tenant is liable under this Master Lease.
Tenant shall, at Tenant's cost, be responsible for all repair, maintenance, and replacement of the Tenant Generator and shall use contractors reasonably acceptable to Landlord for all such repair, maintenance and replacement of the Tenant Generator, but no Other Charge or fee shall be payable to Landlord for the installation or use of the Tenant Generator.
The Objection Notice must be received by Landlord within ninety (90) days after the last day of the Lease Year to which the disputed Other Charge pertains and must set forth with particularity the reason why Tenant disputes Landlord's calculation or the amount.
Any such contest shall be prosecuted in accordance with the laws and rules pertaining to such contests and in all events with due diligence and Borrower shall promptly after final determination thereof pay the amount of any such Tax, Other Charge or Lien so determined, together with all interest and penalties, which may be payable in connection therewith.
If Tenant fails to give Landlord such an Objection Notice within such time, Tenant shall be deemed to have waived and released any and all rights it may have to contest the calculation and amount of such Other Charge.
If Tenant desires to contest any Other Charge calculation by Landlord or the amount of any Other Charge payable by Tenant, Tenant must give Landlord a written notice (an "Objection Notice") stating that Tenant disputes the calculation or amount.
Any delay or failure of Sublandlord in billing any Other Charge escalation is not a waiver of and does not impair the continuing obligation of Tenant to pay such escalation.