Service Charge Certificate definition

Service Charge Certificate means a certificate showing the Service Cost and Service Charge for each Accounting Period served pursuant to paragraph 5 of this schedule and prepared by an independent suitably qualified accountant appointed by the Management Company
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Service Charge Certificate a statement prepared and audited by the Landlord’s independent accountants for each Account Period which shows: the amount of the Total Cost for the relevant Account Period; the Service Charge; the Provisional Sum paid for the relevant Account Period; and any balance of the Service Charge due from the Tenant or refund due to the Tenant together with a breakdown of the costs claimed and incurred by the Landlord.
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Service Charge Certificate means a certificate showing the Service Cost and Service Charge for each Accounting Period served pursuant to paragraph 8 of this Schedule Service Charge Code The RICS Service Charges in Commercial Property - a Code of Practice -- 3rd Edition - which is effective from 4 February 2014 but not as updated or replaced from time to time thereafter
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Examples of Service Charge Certificate in a sentence

  • Otherwise and except in the case of manifest error, the Estate Service Charge Certificate shall be conclusive as to all matters of fact to which it refers.

  • All lessees had been sent a leaflet entitled ‘Your Service Charge Certificate Explained’ with their actual account for 2004/05, which explained the various types of charge and how to obtain further information.

  • Audited Service Charge Certificate – right of any owner to require, (within a limited timeframe), an audited service charge certificate containing the figure of the actual expenditure in any one year, the amount of any interim service charge paid, whether there was any excess or deficit and accrued surplus; and the status of the reserve fund.

  • Service Charge Certificate for the period 1 January – 31 December 2014.

  • Otherwise and except in the case of manifest error, the Building Service Charge Certificate shall be conclusive as to all matters of fact to which it refers.


More Definitions of Service Charge Certificate

Service Charge Certificate has the meaning assigned to that term in paragraph 8 of this Part of this Schedule.
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Related to Service Charge Certificate

  • Class CE Certificate Any one of the Class CE Certificates executed, authenticated and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-7 and evidencing a Regular Interest in REMIC VI for purposes of the REMIC Provisions.

  • Class A-R Certificate The Certificate executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit A-R and Exhibit C hereto.

  • Penalty Charge Notice means a notice described in Section 78 of the 2004 Act having effect as if issued or served by a Civil Enforcement Officer or posted by the enforcement authority under any regulations for the time being in force under Section 78 of the 2004 Act.

  • Class C Certificate Any one of the Certificates with a “Class C” designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of “regular interests” in REMIC III for purposes of the REMIC Provisions.

  • Class B-6 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-6 and Exhibit C hereto. Class B-6 Certificateholder: The registered holder of a Class B-6 Certificate.

  • Class B-5 Certificate Any one of the Certificates executed by the Trustee and authenticated by the Trustee or the Authenticating Agent in substantially the form set forth in Exhibit B-5 and Exhibit C hereto. Class B-5 Certificateholder: The registered holder of a Class B-5 Certificate.

  • Class A Certificate Any Class A-1 Certificate, Class A-2 Certificate, Class A-3 Certificate, Class A-4 Certificate, Class A-5 Certificate, Class A-6 Certificate or Class A-7 Certificate.

  • Class X Certificate Any one of the Certificates with a "Class X" designation on the face thereof, substantially in the form of Exhibit A-1, and evidencing a "regular interest" in REMIC II for purposes of the REMIC Provisions.

  • Single Certificate With respect to any Class of Certificates (other than the Class P Certificates and the Residual Certificates), a hypothetical Certificate of such Class evidencing a Percentage Interest for such Class corresponding to an initial Certificate Principal Balance or Notional Amount of $1,000. With respect to the Class P Certificates and the Residual Certificates, a hypothetical Certificate of such Class evidencing a 20% Percentage Interest in such Class.

  • Prepayment Charge Schedule As of any date, the list of Prepayment Charges included in the Trust Fund on such date, attached hereto as Schedule 2 (including the prepayment charge summary attached thereto). The Prepayment Charge Schedule shall set forth the following information with respect to each Prepayment Charge:

  • Certificate Payment Account means the account established and maintained as such pursuant to Section 4.1(c).

  • Senior Certificate As defined in the Series Supplement.

  • Class A-1A Certificate means any one of the Certificates with a "Class A-1A" designation on the face thereof, substantially in the form of Exhibit A-1 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.