Service Charge Balance definition

Service Charge Balance means the shortfall, if any, between the Service Charge Estimate and the Service Charge;
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Service Charge Balance means the sum payable to the Superior Landlord pursuant to CLAUSE 7.
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Examples of Service Charge Balance in a sentence

  • The Landlord leases the Premises to the Tenant for a term of ten years from and including the Term Commencement Date expiring on and including 12 June 2010, the Tenant paying the following sums, which are reserved as rent: the Rent, the Service Charge Estimate, the Insurance Rent, the Service Charge Balance, the Second Service Charge Rent (as defined in the Second Schedule) and any VAT payable on those sums and any interest due under this Underlease.

  • The Landlord leases the Premises to the Tenant with full title guarantee for a term of twenty (20) years commencing on and including the date of this Lease, with a contractual right to renew the Lease in accordance with clause 8.6 to 8.9, with the Tenant paying the following sums, which are reserved as rent: the Rent, the Initial Service Charge, the Service Charge Estimate, the Service Charge Balance and any VAT payable on those sums and any interest due under this Lease.

  • At the request of the Guarantor, the Landlord leases the Premises to the Tenant with full title guarantee for a term from and including the date of this Lease expiring on and including October 2022, the Tenant paying the following sums, which are reserved as rent: the Rent, the Insurance Rent the Initial Service Charge, the Service Charge Estimate, the Service Charge Balance and any VAT payable on those sums and any interest due under this Lease.

  • The Landlord leases the Premises to the Tenant for the Term, the Tenant paying the following sums, which are reserved as rent: the Rent, the Service Charge Estimate, the Insurance Rent, the Service Charge Balance and any VAT payable on those sums and any interest due under this Lease.

  • At the request of the Guarantor the Landlord leases the Premises to the Tenant for the Term the Tenant paying the following sums, which are reserved as rent: the Rent, the Service Charge Estimate, the Insurance Rent, the Service Charge Balance and any VAT payable on those sums and any interest due under this Lease.

  • The Landlord leases the Premises to the Tenant for a term from and including the date of this deed expiring on and including 24 March 2011, the Tenant paying the following sums, which are reserved as rent: the Rent, the Insurance Rent the Service Charge Estimate, the Service Charge Balance and any VAT payable on those sums and any interest due under this Lease.

  • The Landlord leases the Premises to the Tenant for a term of 10 years from and including the date of this Lease, the Tenant paying the following sums, which are reserved as rent: the Rent, the Insurance Rent the Service Charge Estimate, the Service Charge Balance and any VAT payable on those sums and any interest due under this Lease.