Building Service Charge definition

Building Service Charge means a fair proportion (calculated on a floor area basis or any other method as the Landlord decides4 from time to time) of the Building Service Costs subject to any adjustments made by the Landlord under the provisions of paragraph 1.7 of Part 4 of the Schedule;5
Building Service Charge means the aggregate costs, expenses and outgoings paid, payable, incurred or borne from time to time in the provision of the Building Services;
Building Service Charge means the aggregate of the costs, expenses, overheads, payments, charges and outgoings paid, payable, incurred or to be incurred or borne by the Landlord in providing the Building Services, calculated and payable in the manner set out in Part III of Schedule 6 of this Lease;

Examples of Building Service Charge in a sentence

  • Subject to reimbursement by the Tenant of the Building Service Charge, to use all reasonable endeavours to provide the services specified in the Ninth Schedule in accordance with the principles of good estate management.

  • The Tenant’s Proportion of the Building Service Charge shall be discharged by means of equal quarterly payments in advance (the “Advance Payments”) to be made on each of the Quarterly ▇▇▇▇ Days and by such additional payments as may be required under paragraph 5 of Part III of this Schedule 6.

  • The Purchaser is not entitled to set-off any Building Service Charges or other amount payable by the Purchaser against the Building Service Charge Security Deposit.

  • For the avoidance of doubt, the Building Owners Association will only credit the Transferee the Building Service Charge Security Deposit held by the Building Owners Association once all Building Service Charges are paid in full and will not refund the Purchaser the Building Service Charge Security Deposit upon any transfer.

  • The Purchaser must pay the First Provisional Building Service Charge to the Seller in full and in advance on or before the Completion Date.


More Definitions of Building Service Charge

Building Service Charge. The Lessee will responsible for the maintenance utilities and running costs of the demise and as such no building service charge will be demanded. Estate Service Charge |TBC): The Lessee will be responsible for a fair and reasonable proportion of the estate service charge applied to the building to commence from the date of completion of the lease or beneficial occupation, whichever is earlier. Insurance: The Lessor will insure the Building against such risks as are generally available in the market (“the Insured Risks”). Terrorism cover will be included (as long as that insurance is available on reasonable terms).
Building Service Charge the Tenant’s Building Proportion of the Building Service Costs. Common Parts of the Building: the front door, entrance hall, passages, staircases, and landings of the Building, Service Media not exclusively serving the Apartment or other apartments within the Building and such other amenities that are not part of the Apartment or other apartments in the Building and which are intended to be used by the tenants and occupiers of the Building in common. Common Parts of the Estate: paths, driveways, garden, open areas, Refuse Area, Service Media and such other amenities at the Estate that are not part of the Property or the other properties and which are intended to be used in common by the tenants or occupiers of the Property and the other properties.
Building Service Charge means a fair proportion (the “Lessee’s Proportion”) of all costs charges and expenses incurred by the Lessor in carrying out its obligations under the Seventh Schedule hereto in connection with the Building and the Reserved Property
Building Service Charge means the service charge that shall relate to the Affordable Housing Units and which shall include the costs associated with the ongoing management and maintenance of the external fabric and internal common part of those buildings accommodating the relevant Affordable Housing Unit;
Building Service Charge has the meaning given to this term in the Superior Lease.
Building Service Charge means the service charge percentages calculated as follows:-
Building Service Charge means the Building Percentage of the Total Building Service Costs in any Accounting Period;