Common use of Maintenance Charges Clause in Contracts

Maintenance Charges. That the Licensee herein shall bear and pay all the maintenance charges of Rs. [[Amount in Numbers]] towards maintenance of Generator & Elevator, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning of Common Areas and towards maintaining the lawn, whichever applicable, in respect of the said Licensed Premises, and other outgoings including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx respect of the said premises shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount payable to the Landlord, the Tenant shall pay for the use of electricity and water as per bills received from the authorities concerned directly. For all the dues of electricity bills and water bills till the date the possession of the premises is handed over by the Landlord to the Tenant it is the responsibility of the Landlord to pay and clear them according to the readings on the respective meters . At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof to any person in any circumstances whatsoever and the same shall be used for the bonafide residential purposes only. That the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession of the said premises or any part thereof.

Appears in 2 contracts

Samples: Leave and License Agreement, Commercial Property Rental Agreement

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Maintenance Charges. That At present various maintenance services, facilities and amenities within the Licensee herein shall bear said Plot / said Building/Demised Premises and pay all civic amenities in the maintenance said Complex where the Demised Premises/said Building are located are being maintained by THE LESSOR, or the nominees/ assigns of THE LESSOR. Maintenance services are as set out in Annexure — VI to this Lease Deed, charges of Rs. [[Amount in Numbers]] towards maintenance of Generator & Elevator, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning of Common Areas and towards maintaining the lawn, whichever applicable, in respect of the said Licensed Premises, and other outgoings including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx respect of the said premises shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount which are payable to the Landlord, the Tenant shall pay for the use THE LESSOR or nominees / assigns of electricity and water THE LESSOR by THE LESSEE as per bills received raised by THE LESSOR or its nominees/assigns for the respective phases. The maintenance charges for normal office hours/extra office hours/ 24*7 operations excluding Public and National Holidays shall be calculated at 1.2 times the actual expenditure being incurred payable from the authorities concerned directly. For all the dues of electricity bills and water bills till the date the possession Lease Commencement Date of the premises is handed over respective phases. The maintenance charges will be as per Annexure XI (b). Maintenance services on Public & National Holidays can only be provided if THE LESSEE gets the requisite approval from the local administration/ competent authority(ies) and not otherwise. The maintenance charges shall be subject to deduction of Income Tax at source as applicable, from time to time. Additional charges towards Service Tax (es) and other taxes as applicable on maintenance charges, shall also be payable by THE LESSEE. On completion of the Landlord financial year, THE LESSOR/its nominees will provide THE LESSEE audited certificate of expenditure towards Maintenance Charges incurred during the said financial year. Any under-recovery by THE LESSOR/its nominees shall become payable by THE LESSEE to the Tenant it is the responsibility of the Landlord LESSOR /its nominees and any over-recovery by THE LESSOR/its nominees shall become refundable by LESSOR/its nominees to pay and clear them according to the readings on the respective meters . At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof to any person in any circumstances whatsoever and the same shall be used for the bonafide residential purposes only. That the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession of the said premises or any part thereofTHE LESSEE.

Appears in 1 contract

Samples: Lease Deed (Virtusa Corp)

Maintenance Charges. That The maintenance charge will be applicable from the Licensee herein date of registration and/or handover of the flat, whichever is earlier on the Super Built-up Area along with applicable G.S.T. thereon per month till the time an executive body or any other authority of the apartment is formed to take care of the common maintenance of the building. DELAY/FAILURE IN PAYMENT OF MAINTENANCE CHARGES Allottee agree and understand that the right entrance to the said Apartment shall bear and pay all be subject to the payment of the maintenance charges and performance of Rsall the covenants of these presents or as may be imposed by the Promoter/Owner or the Society appointed by the Promoter/Owner on its sole discretion can disconnect any or all the services and connections if maintenance and/or consumption/usage charges are not forthcoming subject to penal interests. [[Amount in Numbers]] towards maintenance of Generator & Elevator, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning Contd. to next sheet INTERNAL MAINTENANCE A scavenging of Common Areas and towards maintaining will be carried out by Promoter/Owner/Society until handed over to the lawnAssociation of Allotteesbut those inside the Apartment will be carried out by the Allottee only BLOCKADE OR HINDRANCE TO COMMON PASSAGES, whichever applicableVERANDAH OR TERRACES: Allottee shall not use the said Apartment in the manner so as to cause blockade or hindrance to common passages, in respect verandah or terraces. No common parts of the said Licensed Premisesbuilding will be used by Allottee for keeping /Chaining pets/Animals or no storages of cycles motorcycles, and other outgoings including all rateswaste/refuse, taxes, levies, assessment, non-occupancy charges, xxx.xx respect nor shall the common passages be blocked in any manner. If any of the said premises pets litter or dirty the compound or compound areas, Allottee shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount payable to the Landlord, the Tenant shall pay solely responsible for the use of electricity and water as per bills received from the authorities concerned directly. For all the dues of electricity bills and water bills till the date the possession of the premises is handed over by the Landlord to the Tenant it is the responsibility of the Landlord to pay and clear them according to the readings on the respective meters . At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace cleaning the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they to ensure that pets are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof to any person in any circumstances whatsoever and the same shall be used for the bonafide residential purposes only. That the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession of the said premises or any part thereofproperly taken care of.

Appears in 1 contract

Samples: Agreement for Sale

Maintenance Charges. That Lessee agrees to pay, as additional rent, monthly or less frequently as directed by Lessor, Lessee's Proportionate Share of the Licensee herein Shopping Center's Common Area Maintenance Cost (as hereinafter defined). Such payments shall bear be based on Lessor's reasonable estimates subject to adjustment from time to time on determination of the actual amount of the Shopping Center's Common Area Maintenance Cost. The failure of Lessee to pay any portion of Lessee's proportionate share of the Shopping Center's Common Area Maintenance Cost on or before the 15th day after notice from Lessor shall constitute a material default under this Lease and shall be treated for all purposes as a default in the payment of rent. Lessee, at its option, may pay all in advance monthly installments with rent, and if so paid, this default provision shall not apply. To the maintenance charges of Rs. [[Amount in Numbers]] towards maintenance of Generator & Elevator, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning of extent that the Common Areas and towards maintaining the lawn, whichever applicable, in respect serve facilities or persons occupying outlets of the said Licensed Premises, and other outgoings including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx respect Shopping Center who are not tenants of the said premises Shopping Center, Landlord shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount payable to the Landlord, the Tenant shall pay assess and collect from such facilities or persons fees for the use of electricity the Common Areas, which fees shall reduce the Shopping Center's Common Area Maintenance Cost. b. "Shopping Center's Common Area Maintenance Cost shall be the total of all items of cost and water expense reasonably expended (including appropriate reserves) in operating, managing, equipping, protecting, policing, lighting, repairing, insuring, replacing and maintaining the Common Areas and their facilities (less any insurance proceeds collected with respect to any such repair or replacement) including, but not limited to, all costs and expenses of: i. maintaining and repairing the Common Areas as per bills received from shall be required, in Lessor's judgment, to preserve the authorities concerned directly. For all the dues of electricity bills utility and water bills till the date the possession condition of the premises is handed over by Common Areas in substantially the Landlord to same condition and status as the Tenant it is the responsibility Common Areas were in as of the Landlord to pay commencement date; ii. security, fire protection and clear them according to traffic direction and control; iii. cleaning and removal of rubbish, dirt, debris, snow and ice (including removal of snow and ice from rooftops); iv. planting, replanting and replacing flowers and landscaping; v. water, drainage and sewerage; vi. liability, property damage, fire, extended coverage, flood, rent loss, malicious mischief, vandalism, worker's compensation, replacement insurance of the readings Shopping Center and employees' liability and any other casualty and liability insurance; vii. wages, health and welfare benefits, pension benefits, union dues, vacations, unemployment taxes and social security taxes; viii. real and personal property taxes for the Common Areas as well as the Retail Shopping Center; ix. Permits and licenses; x. supplies; xi. the operation of loudspeakers and any other equipment supplying music; xii. utility services and lighting (including the cost of light bulbs and electric replacement of filters in the heating, ventilation and air conditioning xiv. replacement of any broken glass or fixtures on the respective meters . At the time of handing over possession exterior of the premises back to Shopping Center; xv. depreciation of machinery and equipment used in the Landlord by Xxxxxx, it is the responsibility operation of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation Common Areas (but not including depreciation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession original cost of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period acquiring Common Areas of the agreement directly Shopping Center; xvi. administrative charges in an amount not to exceed 15 percent of the authorities concernedShopping Center's Common Area Maintenance Cost (exclusive of such administrative charges); xvii. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not subletcharges of any independent contractor who, assign or part under contract with the demised premises in whole Lessor or part thereof to its representatives, does any person in any circumstances whatsoever and the same shall be used for the bonafide residential purposes only. That the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession of the said premises work of operating, maintaining or repairing the Common Areas; xviii. sees fit; and insuring the Shopping Center against casualty and any part thereofliability as Lessor sees fit; and xix. any other expense or charge, whether or not hereinabove mentioned which, in accordance with generally accepted accounting and management principles, would be considered as an expense of managing, operating, maintaining or repairing the Common Areas.

Appears in 1 contract

Samples: Tower Financial Corp

Maintenance Charges. That the Licensee herein shall bear and pay all the maintenance charges of Rs. [[Amount in Numbers]] towards maintenance of Generator & Elevator, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning of Common Areas and towards maintaining the lawn, whichever applicable, in respect of the said Licensed Premises, and other outgoings including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx respect of the said premises shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount payable to the Landlord, the Tenant shall pay for the use of electricity and water as per bills received from the authorities concerned directly. For all the dues of electricity bills and water bills till the date the possession of the premises is handed over by the Landlord to the Tenant it is the responsibility of the Landlord to pay and clear them according to the readings on the respective meters . At the time of handing over possession of the premises back to the Landlord by XxxxxxTenant, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof to any person in any circumstances whatsoever and the same shall be used for the bonafide residential purposes only. That the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession of the said premises or any part thereof.

Appears in 1 contract

Samples: Commercial Property Rental Agreement

Maintenance Charges. That The Promoter and the Licensee herein Allottees have agreed that from 15 days from the date of receiving a written intimation from the Promoter as per Para 7.2 (Procedure for taking possession) of the Agreement the Allottees shall bear be liable and pay all agrees to : To regularly and punctually make payment of the proportionate share of the maintenance charges. To regularly and punctually make payment of the proportionate share of the rates, taxes and other outgoings (hereinafter referred to as the RATES & TAXES) Until formation of the Association for the Project the Allottees shall be liable and agree to make payment of the proportionate share of the maintenance charges as well as the proportionate share of Rates and Taxes to the Promoter without any abatement or adjustment for any reason whatsoever and the Allottees agree not to withhold payment of the same on any account whatsoever. After formation of the said Association the Allottees shall be liable and agrees to make payment of the said maintenance charges and also the rates and taxes to the Association as the case may be. For the purpose of payment of the maintenance charges the Allottees at or before taking over possession of the Designated Apartment shall pay to the Promoter a sum of Rs. [[Amount in Numbers]] towards 3/- per sq. ft of the area of the Unit per month for 18 months as deposit as and by way of advance against the monthly maintenance charges (hereinafter referred to as the ADVANCE AMOUNT) which amount shall be retained by the Promoter, free of interest, and shall be used by the Promoter for the maintenance of Generator & Elevatorthe Project for 18 months from the date of completion PROVIDED HOWEVER that there shall be no breach of any terms and conditions on the part of the Allottees to be performed and observed. Such deposit of 18 months @ Rs. 3/- is as per the present estimates and such amount is to be paid @ Rs. 3/- per sq. ft. per month as per the said estimates and is subject to escalation and variation. In case the costs shall be in excess of the estimated rates, Salaries towards guardsthe Allottees shall pay at the increased rate as may be fixed by the Promoter/ Association. The Allottees understand and acknowledge that the said Land has been mortgaged by SGM Builders Pvt. Ltd. to Axis Bank Limited for securing the Loan availed by the said SGM Builders Pvt. Ltd. for the purpose of construction of the said Land and the Allottees take notice that he/she/they is/ are required to obtain a No Objection Certificate from Axis Bank Limited for creation of any encumbrances on the said Land. The Allottees agree and undertake that he/she/they shall not create any encumbrances over the said Land/ outlets till such time an NOC in writing is received from Axis Bank Limited. The Promoter shall clear and pay off the entire project overdraft loan facility availed from Axis Bank Limited, Charges immediately prior to the completion of the said Buildings at the said Land and in any event before the handover of possession of the Designated Apartment to the Allottee. Nothing contained herein shall affect or prejudice the right of either party to sue the other for Electricity Maintenance specific performance of the contract and/or damages for Common Areas, Charges towards cleaning any default of the other party. The Owners/Promoter would convey proportionate undivided indivisible share in the Land and/or the Common Areas in favour of the Allottee and towards maintaining if the lawnlaws for the time being in force otherwise requires such sale to be carried out in favour of the Association, whichever applicablethen such sale shall be carried out in favour of the Association, to which the Allottee hereby agrees. The ownership and enjoyment of the Designated Apartment by the Allottee shall be Subject to the observance, fulfilment and performance of the terms and conditions of the Agreement as also the House Rules as stipulated in Schedule E hereto. This agreement is personal and the Allottees shall not be entitled to transfer, let out, mortgage, grant, lease or to enter any kind of other agreement in respect of the said Licensed PremisesDesignated Apartmentwithout the consent in writing of the Promoter and also until such time the full amount of due consideration has been paid to the Promoter and until the Allottees paying and depositing all amounts and securities and contribution to funds and performing and observing all the other terms and conditions herein contained and on the part of the Allottees to be performed and observed PROVIDED HOWEVER after the full payment of the entire consideration amount and the registration of the conveyance deed the Allottees shall be entitled to let out, grant, lease and/or mortgage and/or in any way deal with the Designated Apartmentfor which no further consent of the Promoter shall be required. (Save that in such case the Allottees would be required to obtain a no objection certificate from the Association). However, if the Allottees shall desire to transfer or assign or nominate any person prior to the execution of the Deed of Conveyance the Allottees shall be entitled to do so only with the written consent of the Promoter after a Period of 12 Months from Date of Allotment of the Unit and only upon payment of the dues of the Promoter towards consideration if any, and upon payment of the nomination fee being a sum equal to 2% of the Total Price against Designated Apartmentto the Promoter and a similar fee shall be payable for every successive nomination till the execution of the conveyance. Any such nomination shall be at the risk and costs of the Allottee and/or the nominee and all stamp duty and registration charges, legal fees and charges and other outgoings as may be occasioned due to aforesaid nomination or transfer shall be payable by the Allottee or its nominee. Any tax, duty, imposition or levy including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx Income Tax (except on the said sum mentioned equivalent to @2% mentioned in clause 15.1 above in respect of the said premises Designated Apartment paid to the Promoter as aforesaid) or Goods and Service Tax arising due to any nomination by the Allottee shall be paid payable by the Licensor. ELECTRICITY CHARGES That during Allottee or its transferee but the Rent period, Owners or the Promoter shall have no liability in addition to the rental amount payable to the Landlord, the Tenant shall pay for the use of electricity respect thereof and water as per bills received in case any tax is demanded from the authorities concerned directly. For all Owners or the dues of electricity bills and water bills till Promoter or to which the date Owners or the possession of the premises is handed over by the Landlord Promoter are likely to the Tenant it is the responsibility of the Landlord to pay and clear them according to the readings on the respective meters . At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof become liable owing to any person in any circumstances whatsoever and such nomination or related transactions, the same shall be used for payable by the bonafide residential purposes only. That Allottee in advance to the Lessee shall have no right Owners and/or the Promoter and the Promoter may not give any consent to create any sub-lease or assign such nomination or transfer in any manner without the lease or give to any one the possession receipt of the said premises or any part thereofsuch payment.

Appears in 1 contract

Samples: Agreement for Sale

Maintenance Charges. That the Licensee herein shall bear and pay all the maintenance charges of Rs. _______ [[Amount in Numbers]] towards maintenance of Generator & Elevator, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning of Common Areas and towards maintaining the lawn, whichever applicable, in respect of the said Licensed Premises, and other outgoings including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx respect of the said premises shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount payable to the Landlord, the Tenant shall pay for the use of electricity and water as per bills received from the authorities concerned directly. For all the dues of electricity bills and water bills till the date the possession of the premises is handed over by the Landlord to the Tenant it is the responsibility of the Landlord to pay and clear them according to the readings on the respective meters meters. At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto up to the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant tenant. If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof to any person in any circumstances whatsoever and the same shall be used for the bonafide residential purposes only. That the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession of the said premises or any part thereof.

Appears in 1 contract

Samples: Paying Guest Agreement

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Maintenance Charges. That the Licensee herein shall bear and pay all the maintenance charges of Rs. .__________ [[Amount in Numbers]] towards maintenance of Generator & Elevator, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning of Common Areas and towards maintaining the lawn, whichever applicable, in respect of the said Licensed Premises, and other outgoings including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx respect of the said premises shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount payable to the Landlord, the Tenant shall pay for the use of electricity and water as per bills received from the authorities concerned directly. For all the dues of electricity bills and water bills till the date the possession of the premises is handed over by the Landlord to the Tenant it is the responsibility of the Landlord to pay and clear them according to the readings on the respective meters meters. At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant tenant. If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are are__________ [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof to any person in any circumstances whatsoever and the same shall be used for the bonafide residential purposes only. That the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession of the said premises or any part thereof.

Appears in 1 contract

Samples: Rental Agreement

Maintenance Charges. That At present various maintenance services, facilities and amenities within the Licensee herein shall bear said Plot / said Building/Demised Premises and pay all civic amenities in the maintenance said Complex where the Demised Premises/said Building are located are being maintained by THE LESSOR, or the nominees/ assigns of THE LESSOR. Maintenance services are as set out in Annexure — VI to this Lease Deed, charges of Rs. [[Amount in Numbers]] towards maintenance of Generator & Elevator, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning of Common Areas and towards maintaining the lawn, whichever applicable, in respect of the said Licensed Premises, and other outgoings including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx respect of the said premises shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount which are payable to the Landlord, the Tenant shall pay for the use THE LESSOR or nominees / assigns of electricity and water THE LESSOR by THE LESSEE as per bills received raised by THE LESSOR or its nominees/assigns. The maintenance charges for normal office hours/extra office hours/ 24*7 operations excluding Public and National Holidays shall be calculated at 1.2 times the actual expenditure being incurred payable from the authorities concerned directlyLease commencement Date. For all The maintenance charges will be as per Annexure XI (b). Maintenance services on National Holidays can only be provided if THE LESSEE gets the dues requisite approval from the local administration/ competent authority(ies) and not otherwise. The maintenance charges shall be subject to deduction of electricity bills Income Tax at source as applicable, from time to time. Additional charges towards Service Tax (es) and water bills till the date the possession other taxes as applicable on maintenance charges, shall also be payable by THE LESSEE. On completion of the premises is handed over financial year, THE LESSOR/its nominees will provide THE LESSEE audited certificate of expenditure towards Maintenance Charges incurred during the said financial year. Any under-recovery by the Landlord THE LESSOR/its nominees shall become payable by THE LESSEE to the Tenant it is the responsibility of the Landlord LESSOR /its nominees and any overrecovery by THE LESSOR/its nominees shall become refundable by LESSOR/its nominees to pay and clear them according to the readings on the respective meters . At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof to any person in any circumstances whatsoever and the same shall be used for the bonafide residential purposes only. That the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession of the said premises or any part thereofTHE LESSEE.

Appears in 1 contract

Samples: Lease Deed (Virtusa Corp)

Maintenance Charges. That 5.1 In consideration of the Licensee herein Services provided by the Maintenance Agency and its appointed Property Manager in terms of the Article 4, the Occupant shall bear and be liable to pay all the maintenance charges of Maintenance Agency for common area pertaining to the Premises, being used on 24 x 7 x 365 basis, the monthly Maintenance Charges calculated @ Rs. [[Amount in Numbers]] towards maintenance of Generator & Elevator21/- per sq ft. per month, Salaries towards guards, Charges for Electricity Maintenance for Common Areas, Charges towards cleaning of Common Areas and towards maintaining the lawn, whichever applicable, in respect of the said Licensed Premises, and other outgoings including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx respect of the said premises shall be paid by the Licensor. ELECTRICITY CHARGES That during the Rent period, in addition to the rental amount payable to the Landlord, the Tenant shall pay for the use of electricity and water as per bills received from the authorities concerned directly. For all the dues of electricity bills and water bills till the date the possession of the premises is handed over by the Landlord to the Tenant it is the responsibility of the Landlord to pay and clear them according to the readings on the respective meters . At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of one year from the agreement directly date hereof, subject however to any increase in the cost of Diesel and electricity, which increase shall be borne solely by the Occupant, on pro-rata basis. However upon expiry of one year from the date hereof, the Maintenance Charges shall be calculated in accordance with Article 5.4 hereof. The aforesaid maintenance charges shall commence from 1st May 2004 or from date of commencement of operations by the Occupant whichever is earlier("maintenance commencement date"). Maintenance for the first year of the Agreement is capped at @ Rs. 21/- per sq ft. per month, but may be lower in accordance with the calculation contained in Article 4. 5.2 That thereafter Maintenance Agency in order to ensure the quality of the Services and to meet the increased cost shall have the right to increase or revise the <PAGE> Maintenance Charges after informing the occupant. The calculation of the billing shall be done on the basis of actual cost +20%. 5.3 The Maintenance Charges payable by the Occupant shall include all the charges in providing Services to the authorities concernedOccupant but not limited to the following: (a) Open Area Maintenance Charges: These charges relate to maintenance of compound wall, landscaping, electrification, water supply, tube well, sewerage, roads, paths and other services etc. within the Complex. (b) Common Areas Maintenance Charges: These charges relate to maintenance of Common Areas, basement, parking, terraces, refuge areas, lifts, fire fighting equipment and other services etc. inside the Complex. (c) Maintenance Charges of Basement and Services in the Basement: These charges shall relate to maintenance of basement which include electric sub-station, pumps, fire-fighting rooms, transformer, DG sets, water tanks and other services. (d) Charges for security services. (e) Charges for operation and maintenance of all Common Equipment including electro-mechanical equipment and /or any other equipment installed for rendering Services which shall include central air conditioning plants / equipment, generators, lifts etc. in the Complex. (f) Charges of electricity for the parking area and external Common Areas etc. (g) Meter hire charges and a minimum demand charge if the consumption falls below the minimum demand as per the applicable schedule tariff. (h) Charges of maintenance for landscaping of open areas in the Complex. (i) Charges for cleaning, painting and replacement in Common Areas. (j) Charges for administrative staff and the maintenance staff in the Complex. (k) Charges for diesel and lubricants for DG sets for common areas. (l) Charges for replacements / refurbishing. (m) Charges for insuring the Complex, building shell & Common Equipment. (n) Sinking fund. <PAGE> (o) Other necessary / ancillary expenses incurred in providing the Services. 5.4 The calculation of maintenance charges to be billed to the Occupant shall be done in the following manner: A) Cost of entire maintenance services provided by the Maintenance Agency per month; Add. B) - Total cost of electrical energy for the Complex as per the xxxx paid to Dakshin Haryana Bijli Vitran Xxxxx (DHBVN) by the Maintenance Agency and the cost of operation and maintenance of DG Set(s) including fuel, etc. per month; Less C) - Amount due from the Occupants whether received or not by the Maintenance Agency in respect of electricity bills paid by them for consumption of electrical energy inside their Premises based on meter reading every month. Less. (D)- Cost of any maintenance service exclusively rendered to and borne by any Occupant / Owners. The relevant `start date` meter readings are [Starting Meter Reading]resultant total shall be divided by the total occupied Super Area of the Said Complex to arrive at actual charges per Sq.ft. NO TENANCY That per month for the Tenant Super area which shall not sublet, assign or part be multiplied by 1.2 times to arrive at the cost for the maintenance charges per sq. ft. per month of Super Area. The Maintenance charges to be paid by any individual Occupant would be calculated after multiplying the total super area of the Premises occupied by it with the demised premises in whole or part thereof to any person in any circumstances whatsoever and Maintenance Charges per sq. ft. per month. Actual Cost / Sq. Ft./ month = A + B - C - D ------------- Total occupied Super area Maintenance Charges = 1.2 x Actual Cost / sq. ft. / month. The calculations for the same Maintenance Charges / Rate shall be used for reviewed once every six months or in the bonafide residential purposes only. That interim, if there is any escalation / change in the Lessee shall have no right to create any sub-lease or assign or transfer in any manner the lease or give to any one the possession rates of the said premises or electricity / fuel / labour etc. The Maintenance Agency agrees to provide the Occupant the details of any part thereof.interim deviation in the Maintenance Charges. ARTICLE 6

Appears in 1 contract

Samples: 'Agreement

Maintenance Charges. That The Promoter and the Licensee herein Allottees have agreed that from 15 days from the date of receiving a written intimation from the Promoter as per Para 7.2 (Procedure for taking possession) of the Agreement the Allottees shall bear be liable and pay all agrees to : To regularly and punctually make payment of the proportionate share of the maintenance charges. To regularly and punctually make payment of the proportionate share of the rates, taxes and other outgoings (hereinafter referred to as the RATES & TAXES) Until formation of the Association for the Project the Allottees shall be liable and agree to make payment of the proportionate share of the maintenance charges as well as the proportionate share of Rates and Taxes to the Promoter without any abatement or adjustment for any reason whatsoever and the Allottees agree not to withhold payment of the same on any account whatsoever. After formation of the said Association the Allottees shall be liable and agrees to make payment of the said maintenance charges and also the rates and taxes to the Association as the case may be. For the purpose of payment of the maintenance charges the Allottees at or before taking over possession of the Designated Apartment shall pay to the Promoter a sum of Rs. [[Amount in Numbers]] towards 3/- per sq. ft of the area of the Unit per month for 18 months as deposit as and by way of advance against the monthly maintenance charges (hereinafter referred to as the ADVANCE AMOUNT) which amount shall be retained by the Promoter, free of interest, and shall be used by the Promoter for the maintenance of Generator & Elevatorthe Project for 18 months from the date of completion PROVIDED HOWEVER that there shall be no breach of any terms and conditions on the part of the Allottees to be performed and observed. Such deposit of 18 months @ Rs. 3/- is as per the present estimates and such amount is to be paid @ Rs. 3/- per sq. ft. per month as per the said estimates and is subject to escalation and variation. In case the costs shall be in excess of the estimated rates, Salaries towards guardsthe Allottees shall pay at the increased rate as may be fixed by the Promoter/ Association. The Allottees understand and acknowledge that the said Land has been mortgaged by SGM Builders Pvt. Ltd. to Axis Bank Limited for securing the Loan availed by the said SGM Builders Pvt. Ltd. for the purpose of construction of the said Land and the Allottees take notice that he/she/they is/ are required to obtain a No Objection Certificate from Axis Bank Limited for creation of any encumbrances on the said Land. The Allottees agree and undertake that he/she/they shall not create any encumbrances over the said Land/ outlets till such time an NOC in writing is received from Axis Bank Limited. The Promoter shall clear and pay off the entire project overdraft loan facility availed from Axis Bank Limited, Charges immediately prior to the completion of the said Buildings at the said Land and in any event before the handover of possession of the Designated Apartment to the Allottee. Nothing contained herein shall affect or prejudice the right of either party to xxx the other for Electricity Maintenance specific performance of the contract and/or damages for Common Areas, Charges towards cleaning any default of the other party. The Owners/Promoter would convey proportionate undivided indivisible share in the Land and/or the Common Areas in favour of the Allottee and towards maintaining if the lawnlaws for the time being in force otherwise requires such sale to be carried out in favour of the Association, whichever applicablethen such sale shall be carried out in favour of the Association, to which the Allottee hereby agrees. The ownership and enjoyment of the Designated Apartment by the Allottee shall be Subject to the observance, fulfilment and performance of the terms and conditions of the Agreement as also the House Rules as stipulated in Schedule E hereto. This agreement is personal and the Allottees shall not be entitled to transfer, let out, mortgage, grant, lease or to enter any kind of other agreement in respect of the said Licensed PremisesDesignated Apartmentwithout the consent in writing of the Promoter and also until such time the full amount of due consideration has been paid to the Promoter and until the Allottees paying and depositing all amounts and securities and contribution to funds and performing and observing all the other terms and conditions herein contained and on the part of the Allottees to be performed and observed PROVIDED HOWEVER after the full payment of the entire consideration amount and the registration of the conveyance deed the Allottees shall be entitled to let out, grant, lease and/or mortgage and/or in any way deal with the Designated Apartmentfor which no further consent of the Promoter shall be required. (Save that in such case the Allottees would be required to obtain a no objection certificate from the Association). However, if the Allottees shall desire to transfer or assign or nominate any person prior to the execution of the Deed of Conveyance the Allottees shall be entitled to do so only with the written consent of the Promoter after a Period of 12 Months from Date of Allotment of the Unit and only upon payment of the dues of the Promoter towards consideration if any, and upon payment of the nomination fee being a sum equal to 2% of the Total Price against Designated Apartmentto the Promoter and a similar fee shall be payable for every successive nomination till the execution of the conveyance. Any such nomination shall be at the risk and costs of the Allottee and/or the nominee and all stamp duty and registration charges, legal fees and charges and other outgoings as may be occasioned due to aforesaid nomination or transfer shall be payable by the Allottee or its nominee. Any tax, duty, imposition or levy including all rates, taxes, levies, assessment, non-occupancy charges, xxx.xx Income Tax (except on the said sum mentioned equivalent to @2% mentioned in clause 15.1 above in respect of the said premises Designated Apartment paid to the Promoter as aforesaid) or Goods and Service Tax arising due to any nomination by the Allottee shall be paid payable by the Licensor. ELECTRICITY CHARGES That during Allottee or its transferee but the Rent period, Owners or the Promoter shall have no liability in addition to the rental amount payable to the Landlord, the Tenant shall pay for the use of electricity respect thereof and water as per bills received in case any tax is demanded from the authorities concerned directly. For all Owners or the dues of electricity bills and water bills till Promoter or to which the date Owners or the possession of the premises is handed over by the Landlord Promoter are likely to the Tenant it is the responsibility of the Landlord to pay and clear them according to the readings on the respective meters . At the time of handing over possession of the premises back to the Landlord by Xxxxxx, it is the responsibility of the Tenant to pay electricity & water bills, as presented by the Departments concerned according to the readings on the respective meters upto the date of vacation of the property. That all the sanitary, electrical and other fittings and fixtures and appliances in the premises shall be handed over from the Landlord to the Tenant in good working condition. There will be 3 weeks maintenance period after the possession of Name of tenant . If during these 3 weeks any defect is in electrical outlets/appliances, plumbing/ sanitary is identified & duly notified, the Landlord shall be responsible to repair/ replace the same at his own cost. Upon returning the premises, all the sanitary, electrical and other fittings and fixtures will be restored by the Tenant in a good condition as they are at present, subject to normal wear and tear and damage by act of God. The Lessee shall pay the actual electricity, shared maintenance, water bills for the period of the agreement directly to the authorities concerned. The relevant `start date` meter readings are [Starting Meter Reading]. NO TENANCY That the Tenant shall not sublet, assign or part with the demised premises in whole or part thereof become liable owing to any person in any circumstances whatsoever and such nomination or related transactions, the same shall be used for payable by the bonafide residential purposes only. That Allottee in advance to the Lessee shall have no right Owners and/or the Promoter and the Promoter may not give any consent to create any sub-lease or assign such nomination or transfer in any manner without the lease or give to any one the possession receipt of the said premises or any part thereofsuch payment.

Appears in 1 contract

Samples: Agreement for Sale

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