Outgoings Year definition

Outgoings Year means each 12 month period from 1 July to 30 June of the following year.

Outgoings Year means each 12 month period from 1 July to 30 June of the following year. “Permitted Use” means the use specified in the Schedule.

Outgoings Year means the 12 month period ending on the date specified in item 4 in each year or on another day specified in a notice the Landlord gives the Tenant.

Examples of Outgoings Year in a sentence

• Any amount paid by the Tenant must be taken into account in the yearly adjustment to be made under clause 5.4 in relation to the Outgoings Year in which such termination occurs.

• The Landlord may give the Tenant a notice for each Outgoings Year stating the Landlord's estimate of the Outgoings and the Tenant's Contribution for that Outgoings Year.

• The Tenant must pay the Tenant's Contribution for each Outgoings Year within 14 days after notice is given under clause 4.5.

• Rent Day after the Landlord gives the Tenant a notice of either estimated (including any revision) or actual Outgoings, the Tenant must pay the Landlord (or the Landlord must credit the Tenant with) the difference between what the Tenant has paid on account of the Tenant's Contribution for the Outgoings Year to which the notice applies and what the notice says is payable.

• The Tenant must pay to the Landlord its share of any increases in the Outgoings for each Outgoings Year, such increase being the amount by which the Outgoings payable in each Outgoings Year exceed the Outgoings payable in the Base Year.

More Definitions of Outgoings Year

Outgoings Year means year or part of a year ending on 30 June in each year or at the expiry or sooner termination of this Lease (for all periods of less than 1 year all items of an annual or other periodic nature must be apportioned in respect of time as necessary).

Outgoings Year means each period specified in item 13.

Outgoings Year means the 12 month period ending on 31 December in each year or on another day specified in a notice the Lessor gives the Lessee. This expression includes any broken period between the Commencing Date and the day prior to the first day of an Outgoings Year and any broken period between the last complete Outgoings Year and the Terminating Date.

Outgoings Year. MEANS EACH PERIOD OF TWELVE (12) MONTHS ENDING ON THE DATE IN EACH YEAR SPECIFIED IN ITEM 17, NOTWITHSTANDING THAT PART OF ANY SUCH TWELVE (12) MONTH PERIOD DOES NOT FALL WITHIN THE TERM (OR ANY PERIOD OF HOLDING OVER AS APPROPRIATE); "RATES" INCLUDES ALL RATES, TAXES, CHARGES, COSTS, ASSESSMENTS, DUTIES, IMPOSITIONS, LEVIES, SURCHARGES OR FEES, OF ANY AUTHORI-TY OR OF ANY LAW BUT EXCLUDES ANY: (A) INCOME TAX: TAX ON THE ASSESSABLE INCOME OF THE LESSOR; OR (D) RATES ASSESSED ON THE PREMISES: RATES ASSESSED DIRECTLY IN RESPECT OF THE PREMISES AND PAID BY THE LESSEE; B. BASE RENT B.1 PAYMENT OF BASE RENT THE LESSEE COVENANTS WITH THE LESSOR TO PAY TO THE LESSOR, WITHOUT DEMAND AND WITHOUT ANY DEDUCTION OR RIGHT OF SET-OFF WHATEVER, THE BASE RENT RESERVED BY THIS LEASE BY EQUAL MONTHLY INSTALMENTS (AND PROPORTIONATELY FOR ANY PART OF A MONTH) IN ADVANCE ON THE FIRST DAY OF EACH MONTH. THE FIRST INSTAL-MENT SHALL BE PAID ON THE COMMENCEMENT DATE. ALL SUCH INSTALMENTS SHALL BE PAID TO SUCH PLACE AND BY SUCH MEANS AS THE LESSOR MAY FROM TIME TO TIME DIRECT. B.2 PERCENTAGE REVIEW OF BASE RENT AT THE EXPIRATION OF EACH LEASE YEAR THE BASE RENT SHALL BE VARIED IN ACCORDANCE WITH THE FOLLOWING FORMULA: R = R X 103 WHERE IN THIS CLAUSE: --------- 100 R = BASE RENT PAYABLE FOR THE FOLLOWING LEASE YEAR; R = BASE RENT PAYABLE DURING THE LEASE YEAR JUST ENDED.

Outgoings Year means the 12 month period ending on the date specified in Item 10 in each year or on another day specified in a notice which the Landlord gives to the Tenant. Permitted Purpose means use by the Tenant to park one vehicle in each car parking space designated to the Tenant and for no other purpose.

Outgoings Year means the twelve (12) month period ending on 30 June in each year or on another date specified in a notice We give to You;

Outgoings Year means each period of 12 months commencing on 1st July during the Term and includes: