Service Charge Rent definition

Service Charge Rent has the meaning ascribed in Schedule 4, Part A;
Service Charge Rent means a fair and reasonable proportion of the Total Expenditure for the Service Charge Period concerned as appearing in the summary submitted pursuant to paragraph 4.3(A); and
Service Charge Rent payable in accordance with the Second Schedule

Examples of Service Charge Rent in a sentence

  • By way of further rent, the Service Charge Rent calculated and payable in accordance with the provisions of Schedule 6, the first payment of the Service Charge Rent in respect of the period from the date of this Lease to the next ensuing quarter day to be made on today's date.

  • It will be payable in respect of the period from and including the Rent Start Date to but not including the Quarter Day next following the date on which the first payment of the Service Charge Rent is due.

  • 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.

  • Rent & Service Charge Rent payable for renewal of the Tenancy shall be at RM 4.80 per sq ft which includes RM 3.60 basic rent and RM 1.20 service charge per sq ft per month.

  • Summary D1 (Non Residential Institutions) TO LET To Let Business Rates Service Charge Rent Available Size Tenure 8,320 sq ft / 772.95 sq m £428,000 per annum Premium offers are invited for the benefit of the lease.


More Definitions of Service Charge Rent

Service Charge Rent a fair and reasonable proportion properly calculated by the Surveyor (acting reasonably and professionally) of the Annual Expenditure (as defined in the Second Schedule hereto)
Service Charge Rent are to the rents reserved by and so described in the Lease.
Service Charge Rent the sums payable by the Tenant in accordance with paragraph Error! Reference source not found. of art 1 of this Schedule

Related to Service Charge Rent

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Bond Service Charges means principal, including mandatory sinking fund requirements for retirement of obligations, and interest, and redemption premium, if any, required to be paid by the authority on obligations.

  • Advance Rent means moneys paid to the landlord to be applied to future rent payment periods, but does not include rent paid in advance for a current rent payment period.

  • Basic Rent means Basic Rent as defined in Paragraph 6.

  • Additional Rent means all amounts payable by the Tenant under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located.

  • Minimum Rent means the sum of Thirty-Three Million, Six Hundred Seventy-Nine Thousand, Seven Hundred Sixteen and 55/100 Dollars ($33,679,716.55) per annum.

  • Total Service Charges means all charges, after application of all discounts and credits, incurred by Customer for Services provided under this Agreement, excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international access that is passed-through (Type 3/PTT) or provided by Company (Type 1), charges for security services provided by a Cybertrust Security Service Provider listed in the Guide, and other charges expressly excluded by this Agreement.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Percentage Rent As defined in Subsection 3.1(b).

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Annual Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Issuer and its Subsidiaries.

  • Excess Rent means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

  • Additional Rents means amounts payable under any Lease for (i) the payment of additional rent based upon a percentage of the Tenant’s business during a specified annual or other period (sometimes referred to as “percentage rent”), (ii) so-called common area maintenance or “CAM” charges, and (iii) so called “escalation rent” or additional rent based upon such tenant’s allocable share of insurance, real estate taxes or operating expenses or labor costs or cost of living or xxxxxx’x wages or otherwise.

  • Base Rent Period Annual Rate Per Square Foot Monthly Base Rent

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;