Deposit and Other Fees. (I) The Deposit shall be RMB233,639.36 for the 2nd Floor, RMB137,196.58 for the 4th Floor, which will be RMB370,835.94 in total. Upon the termination of the tenancy, Party A shall offset from the Deposit the fees bearable by Party B hereunder and return the remains to Party B without interest, provided that Party B did not breach the contract during the tenancy. (II) During the tenancy, Party B shall bear the costs of water, electricity, telecom, property management, parking, and so on, relating to the use of the Premise. (III) The calculation, method of apportionment, method and time of payment of the above fees born by Party B shall be as follows: Water Fees: Party A has installed a water meter on each floor. Party B shall share water fees in proportion to the area of the Premise according to the reading of the meter. Water fees shall be paid to the property management company of Party A. The property management company of Party A shall collect fees and issue invoices on behalf of the water company. (Water supply shall be charged for RMB1.30 per cubic meter, and drainage shall be charged for RMB3.62 per cubic meter, which shall be adjusted according to the market prices.)
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Deposit and Other Fees. (I) The Deposit shall be RMB233,639.36 for RMB137,196.58 in total equal to 3 times of the 2nd Floormonthly rent of RMB123,220.35 and 3 times of the monthly property management fees of RMB13,976.23. On receipt of the Deposit, RMB137,196.58 for the 4th Floor, which will be RMB370,835.94 in total. Party A shall issue a receipt to Party B. Upon the termination of the tenancy, Party A shall offset from the Deposit the fees bearable by Party B hereunder and return the remains to Party B without interest, provided that Party B did not breach the contract during the tenancy.
(II) During the tenancy, Party B shall bear the costs of water, electricity, telecom, property management, parking, and so on, relating to the use of the Premise.
(III) The calculation, method of apportionment, method and time of payment of the above fees born by Party B shall be as follows: Water Fees: Party A has installed a water meter on each floor. Party B shall share water fees in proportion to the area of the Premise according to the reading of the meter. Water fees shall be paid to the property management company of Party A. The property management company of Party A shall collect fees and issue invoices on behalf of the water company. (Water supply shall be charged for RMB1.30 per cubic meter, and drainage shall be charged for RMB3.62 RMB1.60 per cubic meter, which shall be adjusted according to the market prices.)
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