Service Charge Account definition

Service Charge Account means, in relation to any Service, the account with AmBank designated by the Customer as the account out of which payments will be made in respect of AmBank’s charges for the provision of the Service.
Sample 1
Service Charge Account means an account established by the Management Company solely for the collection of Service Charge;
Sample 1
Service Charge Account means the account with the Bank, or a third party designated by the Customer, as the account out of which payments will be made in respect of the Bank’s charges for the provision of the Services.
Sample 1

Examples of Service Charge Account in a sentence

  • Any unexpended balances as of August 31, 2003 (estimated to be $0), in Surplus Property Service Charge Account Fund 570 are hereby appropriated to the Texas Building and Procurement Commission for costs associated with the operations of the Federal Surplus Property Program during the 2004–05 biennium.

  • Any unexpended balances as of August 31, 2001 (estimated to be $0), in Surplus Property Service Charge Account Fund 570 are hereby appropriated to the General Services Commission for costs associated with the operations of the Federal Surplus Property Program during the 2002–2003 biennium.

  • The Ongoing Service Charge Account covers items such as grounds maintenance and communal lighting.

  • The majority of the cost is charged to the Service Charge Account, and approximately 97% is recoverable from long leaseholders.

  • Customer irrevocably authorises AmBank to debit Customer’s Service Charge Account for Fees incurred in relation to Customer’s use of the Services and for any System Materials provided or licensed by AmBank to Customer.

  • Grounds maintenance of public areas, insurance (other than that included in the Service Charge Account for lifts and the garchey system), capital charges relating to properties not sold on a long lease, and supervision and management.

  • The Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) are seeking a solution to identifying locations for meeting this need.

  • This paper extends the use of4 IEEE TRANSACTIONS ON SUSTAINABLE ENERGY Fig.

  • This SLA covers the following charge shown on the service charge invoice: Garden MaintenanceThe costs charged to the Service Charge Account relating to Grounds Maintenance are that proportion of the total costs of maintenance that relate to the gardens to which residents have exclusive use.

  • These costs are project specific and are recharged directly to the appropriate leaseholders in accordance with statute and the lease.The costs are recharged to leaseholders in accordance with the percentage set out in the lease.A proportion of Supervision and Management costs is charged to other accounts such as car parking or baggage stores and is therefore not charged to the Service Charge Account, and some is abated in part or entirely where appropriate.


More Definitions of Service Charge Account

Service Charge Account. [Account Name and Account Number] We confirm that we have read and accept the terms and conditions of this Accession Letter and the Relevant Agreements. We warrant and represent that: the execution and delivery of this agreement has been properly authorised by all necessary corporate action of our company and does not violate any law regulation or judgment, order or decree of any governmental authority of Malaysia; and we have full corporate power and lawful authority to execute and deliver this agreement and to perform or cause to be performed its obligations under this Accession Letter and the Relevant Agreements and all the necessary consents shall have been duly obtained.
Sample 1

Related to Service Charge Account

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).