Proportionate Common Area definition

Proportionate Common Area. The proportionate share of the Common Areas attributable to the Designated Apartment is undivided Square feet more or less.
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Proportionate Common Area. The proportionate share of the Common Areas attributable to the Said Unit is undivided ……………. Square feet more or less. Maintenance Chargeable Area: For the purpose of payment of the proportionate Common Expenses and maintenance charges by the Allottee(s), the area shall be the sum total of the Carpet area, Balcony area and Proportionate Common Area which is Square feet more or less.
Sample 1
Proportionate Common Area. The proportionate share of the Common Areas attributable to the Said Unit is undivided 361 Square feet more or less. Maintenance Chargeable Area: For the purpose of payment of the proportionate Common Expenses and maintenance charges by the Allotee, the area shall be the sum total of the Carpet area, Balcony area and Proportionate Common Area which is 361 Square feet more or less. 27 In case the Allotee, with the prior written consent of the Owner, obtains any housing loan or finance to pay the consideration envisaged herein, the same shall be subject to the terms and conditions of this agreement and the entire obligation or liability in respect of the same shall be that of the Allotee alone.
Sample 1

Examples of Proportionate Common Area in a sentence

  • For the purpose of payment of the proportionate Common Expenses and maintenance charges by the Purchaser, the area shall be the sum total of the Built-up Area and Proportionate Common Area which is ……….


More Definitions of Proportionate Common Area

Proportionate Common Area. The proportionate share of the Common Areas attributable to the Said Unit is undivided 361 Square feet more or less.
Sample 1

Related to Proportionate Common Area

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Controllable Operating Expenses means all Operating Expenses except property taxes and assessments, capital expenditures that are reasonably required, costs for repairs and maintenance (excluding preventative maintenance), utility charges, insurance charges, costs of services provided under a union contract, payments under covenants, conditions and restrictions or to an owners’ association and costs associated with repairs due to casualty, vandalism or other cause outside of Landlord’s reasonable control.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas.