Deposit and Other Fees. 5.1 Party B shall pay a deposit to Party A. The amount and payment term are included in Schedule 7. In the event that Party B fails to pay off the required deposit prior to the time of the Premises’ delivery, Party A has the right to postpone delivering the Premises. 5.2 During the term of the lease, in the event that Party A suffers any loss caused by Party B’s breach of the Contract, Party A can deduct the actual amount of loss from the deposit as compensation upon receiving the written confirmation from Party B. On this occasion, Party B shall complement the deposit to Party A. 5.3 In the event that the deposit is not enough to compensate Party A’s loss, Party A can seek extra recovery from Party B. 5.4 In the event of expiry of the lease term or an early termination of the Contract, after Party A deducting from the deposit the penalty and other expenses payable by Party B in accordance with the provisions of the Contract, Party A shall send back the balance of the deposit, if any, without interest, to Party B within 15 days prior to the termination of the lease term. In the event that Party A fails to pay back the deposit to Party B on time for its own reasons, Party A shall pay Party B the deposit and the interest incurred thereby. 5.5 Party B shall pay the property management fee as per the rate set forth by Property Management Company (see Schedule 8). 5.6 If the property management fee has reasonably adjusted due to the recruitment of a new property management company or due to the property management company’s increased or decreased costs (including the adjustment of government fees and staff salary), after discussion between the property management company and lessee company and after approval by government authorities for property management, a thirty-day written notice should be given to Party B in advance and Party B shall pay the adjusted property management fee. The property management company shall provide Party B with an audited report provided by an accounting firm regarding the use of the property management fee. 5.7 During the term of the lease, Party B shall pay the property management company on regular basis the cost of utilities and services such as water, electricity, gas and telephone payable as prescribed by the public institutions of the government or proved reasonable by other evidences. Party B shall also pay any legal and reasonable fees incurred in connection with the use of the Premises, including, but not limited to fees for examining the plan, construction coordination, temporary electricity and garbage clearance and transportation. The specific fee rates shall be negotiated separately.
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Deposit and Other Fees. 5.1 Party B shall pay Party A a deposit to Party A. The deposit, the amount and the payment term of which are included set forth in Schedule 7VII. In the event that If Party B fails to pay off the required said amount of deposit prior to before the time delivery of the Premises’ deliveryOffice Building, Party A has shall have the right to postpone delivering delay on the Premisesdelivery of the Office Building.
5.2 During If, within the term of the lease, in the event that Party A suffers any loss caused by losses due to Party B’s 's breach of the ContractAgreement, Party A can may deduct the actual amount of loss from the deposit as compensation upon receiving the written confirmation from Party B. On this occasion, an amount equal to actual losses; and thereafter Party B shall complement the deposit refund to Party A.A the amount deducted from the deposit.
5.3 In the event that If the deposit is not enough to compensate the losses incurred to Party A’s loss, Party A can seek extra recovery may otherwise ask from Party B.B for additional compensation.
5.4 In If the event of expiry Term of the lease term Agreement is due or an early termination of is terminated earlier, there is still any amount left in the Contract, deposit after Party A deducting from the deposit the penalty and has deducted relevant liquidated damages or other expenses payable by Party B in accordance with the provisions of the Contractfees as stipulated herein, Party A shall send back the balance of the deposit, if anyreturn, without interest, within fifteen (15) days as of the date when this Agreement is terminated the said amount to Party B within 15 days prior to the termination of the lease term. In the event that Party A fails to pay back the deposit to Party B on time for its own reasons, Party A shall pay Party B the deposit and the interest incurred thereby.B.
5.5 Party B shall pay property management fees in accordance with the charging standard of the property management corporation (see Schedule VIII).
5.6 Should there be any reasonable adjustment of the amount of the property management fee as per a result of either the rate set forth by Property Management Company (see Schedule 8).
5.6 If re-engagement of the property management fee has reasonably adjusted due to corporation or the recruitment increase or decrease of a new property management company or due to the costs of the property management company’s increased or decreased costs corporation (including the adjustment of government the state fees and staff salarythe salaries of the employees), Party B shall, upon being notified in writing thirty (30) days in advance, pay the fees as adjusted, after discussion mutual consultation between the property management company corporation and lessee company and after the enterprises that have moved into the Office Building, as well as the approval by government of administrative authorities for property management, a thirty-day written notice should be given to Party B in advance and Party B shall pay the adjusted property management feeon price. The property management company corporation shall provide Party B with an audited A a report provided issued by an accounting firm regarding on the use of the property management feefees.
5.7 During Within the term of the lease, Party B shall pay by itself the property management company on regular basis fees for the cost use of utilities and services such as water, electricity, gas gas, telephone and telephone payable others on a timely basis in accordance with the amounts as prescribed evidenced by the public institutions of the government or proved other reasonable by other evidencesdocuments. Party B shall also pay any legal and reasonable all the fees incurred in connection with relevant to the use of the PremisesOffice Building, including, but not limited to to, drawings examination fees and coordination fees for examining construction, fees for temporary use of electricity, and fees for the plan, construction coordination, temporary electricity and garbage clearance and transportationof wastes. The specific fee rates standard for such fees shall be negotiated separatelyotherwise agreed upon.
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Sources: Pre Lease Contract (Shanda Interactive Entertainment LTD)
Deposit and Other Fees. 5.1 Party B shall pay a deposit to Party A. The amount and payment term are included in Schedule 7. In the event that Party B fails to pay off the required deposit prior to the time of the Premises’ delivery, Party A has the right to postpone delivering the Premises.
5.2 During the term of the lease, in the event that Party A suffers any loss caused by Party B’s breach of the Contract, Party A can deduct the actual amount of loss from the deposit as compensation upon receiving the written confirmation from Party B. On this occasion, Party B shall complement the deposit to Party A.
5.3 In the event that the deposit is not enough to compensate Party A’s loss, Party A can seek extra recovery from Party B.
5.4 In the event of expiry of the lease term or an early termination of the Contract, after Party A deducting from the deposit the penalty and other expenses payable by Party B in accordance with the provisions of the Contract, Party A shall send back the balance of the deposit, if any, without interest, to Party B within 15 days prior to the termination of the lease term. In the event that Party A fails to pay back the deposit to Party B on time for its own reasons, Party A shall pay Party B the deposit and the interest incurred thereby.
5.5 Party B shall pay the property management fee as per the rate set forth by Property Management Company (see Schedule 8).
5.6 If the property management fee has reasonably adjusted due to the recruitment of a new property management company or due to the property management company’s [English translation; for reference only] increased or decreased costs (including the adjustment of government fees and staff salary), after discussion between the property management company and lessee company and after approval by government authorities for property management, a thirty-day written notice should be given to Party B in advance and Party B shall pay the adjusted property management fee. The property management company shall provide Party B with an audited report provided by an accounting firm regarding the use of the property management fee.
5.7 During the term of the lease, Party B shall pay the property management company on regular basis the cost of utilities and services such as water, electricity, gas and telephone payable as prescribed by the public institutions of the government or proved reasonable by other evidences. Party B shall also pay any legal and reasonable fees incurred in connection with the use of the Premises, including, but not limited to fees for examining the plan, construction coordination, temporary electricity and garbage clearance and transportation. The specific fee rates shall be negotiated separately.
Appears in 1 contract
Sources: Shanghai Municipality House and Building Lease Contract (Prelease of Commercial Housing)