Leaseholder Recharges for Works Sample Clauses

Leaseholder Recharges for Works. Where pursuant to the terms of their lease with the Council, Leaseholders will be • under an obligation after the Completion Date to make a contribution to the Company towards the costs of major works and/or improvements and the Leaseholder's liability towards the costs of those works of repair and/or improvement exceed £10,000 the Company as directed by the Council agrees to abide by its promises made to Leaseholders (in section 3.10 of the Consultation Document and section 2.8 of the Consultation Document issued to Leaseholders) to • comply with the Council's common policy framework on leaseholder recharges as the same may be varied or amended from time to time so as to limit the contribution of Leaseholders towards the costs of the major works of repairs and/or improvement to £10,000 where the terms of the Council's common policy framework are applicable to the circumstances of the Leasehelder PROVIDED THAT the provision • of this clause shall not preclude the Company from recovering any discount allowed to any Leaseholder under the Council's common policy framework where the Leaseholder sells the Dwelling within 7 years of the date that the Company agrees to discount the costs of the Leaseholder's contribution towards the costs of the major works of repairs and improvement.
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Related to Leaseholder Recharges for Works

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