Service Charge Estimate definition

Service Charge Estimate means the same fair proportion of the amount which the Landlord, or the Landlord’s Surveyor or its accountant, reasonably estimates will be the total cost of the Landlord’s Expenses (as defined in clause 11.1) in any Service Charge Year;
View Source
Service Charge Estimate means the lesser of:
View Source
Service Charge Estimate means the sum in respect of the Service Charge Estimate (as defined in the Superior Lease) payable to the Superior Landlord pursuant to CLAUSE 7.1.1 of the Superior Lease;
View Source

Examples of Service Charge Estimate in a sentence

  • Until the statement has been given, the Service Charge Estimate shall be payable at the rate of the Service Charge Estimate for the previous Service Charge Year.

  • The Landlord may revise the Service Charge Estimate more than once in a Service Charge Year.

  • Once the statement has been given, the remaining instalments of the Service Charge Estimate and any VAT on them will be adjusted so as to provide for payment of the whole Service Charge Estimate for that Service Charge Year to be paid during that year.

  • The first instalment of the Service Charge Estimate and any VAT due on it shall be paid to the Landlord on the Service Charge Commencement Date and shall be a proportionate amount for the period from and including the Service Charge Commencement Date until the next quarter day (credit being given for any Initial Service Charge paid in respect of the period after the Service Charge Commencement Date).

  • 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.

  • Once the statement has been given, the remaining installments of the Service Charge Estimate and any VAT on them will be adjusted so as to provide for payment of the whole Service Charge Estimate for that Service Charge Year to be paid during the year.

  • The first instalment of the Service Charge Estimate, and any VAT due on it is to be made on the date of this deed, and is to be a proportionate amount for the period from and including the Service Charge Commencement Date until the next Quarter Day.

  • 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 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.


More Definitions of Service Charge Estimate

Service Charge Estimate the same fair proportion of the amount which the Landlord, or the Landlord's Surveyor or its accountant, reasonably estimates will be the total cost of the Landlord's Expenses in any Service Charge Year (as those terms are defined in clause 11.1) which for the first year of the Term is estimated to be FIFTEEN THOUSAND SEVEN HUNDRED AND NINETY FOUR POUNDS ((pound)15,794.00) per annum;
View Source