Site Maintenance Charge definition

Site Maintenance Charge means, as to any Site, in any Sublease Year, an amount equal to $1,200 per month subject to an increase of five percent (5%) per year, on each anniversary of the Site Commencement Date, for each month in such Sublease Year, representing a payment by BMI for services performed by TowerCo for the benefit of BMI pursuant to this Sublease.

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Site Maintenance Charge has the meaning given to such term in Section 11(b).

Site Maintenance Charge means a charge levied on all Dwellings within the Development for the life of the Development for the cost of servicing and maintenance of areas retained by the Owner and / or Developer for the benefit of the Development

Examples of Site Maintenance Charge in a sentence

If, as to any month, the Aggregate Rent exceeds the Aggregate Site Maintenance Charge (each as defined in SECTION 11(C)), TowerCo shall pay the amount of such excess to BSPCI, at the address specified in this Sublease or at such other place as BSPCI may specify in writing.
If the economic terms of the Economic Offer are not the same or better than those of the Final Agreement, then, in addition to any other remedies BSPCI have, BSPCI may require that any Site Maintenance Charge, if it exercised its Right of Substitution, or rent, if it exercised its Right of First Refusal, and all other economic terms, be reduced to and conformed with those of the Final Agreement.
If the economic terms of the Economic Offer are not the same or better than those of the Final Agreement, then, in addition to any other remedies BMI have, BMI may require that any Site Maintenance Charge, if it exercised its Right of Substitution, or rent, if it exercised its Right of First Refusal, and all other economic terms, be reduced to and conformed with those of the Final Agreement.
Upon execution of a Completion Certification and a Site Designation Supplement with respect to a BTS Site, BMI shall pay Vendor a Site Maintenance Charge applicable to such BTS Site pursuant to Section 3.01(b) and, the Site Installation Fee pursuant to Annex H.
The Site Maintenance Charge and any Additional ALLTEL Maintenance Charge with respect to the affected Site shall be abated during any period that the Site Improvements have not been Restored following a destruction or casualty so long as ALLTEL is unable to conduct its Permitted Use on substantially the same basis and without a material increase in costs from a temporary location at the Site during any period of Restoration.
The parties agree that the Site Maintenance Charge payable by BMI to Vendor with respect to the Reserved Space of any Completed BTS Site shall be $1200 per month subject to an annual increase, commencing on the second anniversary of the Effective Date, at a rate equal to five (5%) percent per year.
Subject to Section 25(a), the Parties further agree that for purposes of calculating the Aggregate Site Maintenance Charge, the amount of Site Maintenance Charge stated in Section 11(c) shall apply to the number of antennas existing on any Site as of June 1, 1999.
The monthly amounts payable in respect of such replacement BTS Site shall be equal to the amount of the Site Maintenance Charge that would have been payable in respect of the replaced condemned BTS Site.
Notwithstanding anything to the contrary unless otherwise expressly provided in this Sublease, in the event that ALLTEL removes, ceases to operate (on a permanent and not a temporary basis) or abandons any of the ALLTEL Equipment, Additional ALLTEL Equipment, Microwave Equipment, Reserved Space, Additional ALLTEL Space or Microwave Reserved Space, there shall be no reduction or abatement of the Site Maintenance Charge or Additional ALLTEL Maintenance Charge.
If BSPCI exercises the Put Right as to any Site, then BSPCI's obligation to pay any Site Maintenance Charge with respect to such Site shall terminate as of the Put Date and the Put Date as to such Site shall be the date specified in the applicable Put Notice.

More Definitions of Site Maintenance Charge

Site Maintenance Charge has the meaning given to such term in SECTION 11(C).

Site Maintenance Charge means, subject to Section 5(d), (i) as to any Site (other than an Existing Louisiana Site), in any Sublease Year, an amount equal to $1,200 per month subject to an increase of the lesser of (x) the applicable CPI Increase plus four percent (4%) or (y) five percent (5%) per year (but never less than zero percent (0%)) on each anniversary of the applicable Site Commencement Date, and (ii) as to any Existing Louisiana Site, in any Sublease Year, an amount equal to $1,300 per month subject to an increase of four percent (4%), on each anniversary of August 1, 1999; in each case, for each month in such Sublease Year, representing a payment by BMI for services performed by TowerCo for the benefit of BMI pursuant to this Sublease.

Site Maintenance Charge has the meaning given to such term in the Sublease.

Site Maintenance Charge means, subject to increase on each anniversary of the Escalation Date during the Term hereof by the Annual Escalator, the monthly charge payable to ATC with respect to the Reserved Space and, if any, Microwave Reserved Space at such Site by ALLTEL or its Affiliate pursuant to this Sublease shall be an amount equal to $1,200 per month for the ALLTEL Maximum Equipment and Microwave Equipment located within the Reserved Space or Microwave Reserved Space . The Site Maintenance Charge specifically excludes any amount due or payable to a Ground Lessor pursuant to Section 11(f).

Site Maintenance Charge means as to any Site, in any Sublease Year, an amount equal to $1,200 per month subject to an increase of the lesser of (x) the applicable CPI Increase plus four percent (4%) or (y) five percent (5%) per year (but never less than zero percent (0%)) on each anniversary of the applicable Site Commencement Date, for each month in such Sublease Year, representing a payment by BSPCI for services performed by TowerCo for the benefit of BSPCI and the Carolinas Partnership pursuant to this Sublease.