Common use of SERVICE CHARGE CAP Clause in Contracts

SERVICE CHARGE CAP. 2.1 For the purposes of this paragraph the following definitions apply: A the last monthly figure shown in the last edition of the Index published before the start of the service charge period (as defined in paragraph 4.5 below) immediately preceding the relevant review date (or in respect of the first review date , the monthly figure shown in the edition of the Index for November 2012); B the last monthly figure shown in the last edition of the Index published by the Office for National Statistics as at the relevant review date; relevant review date means 1 January 2013 and thereafter the day after the date of expiry of each consecutive service charge period; S the Service Charge Cap payable under this Lease immediately preceding the relevant review date; and Service Charge Cap £129,352 (subject to review in accordance with the provisions of paragraph 2.3 (Review of Service Charge Cap) below). 2.2 Notwithstanding the provisions of this Lease (but subject to paragraph 3.3 below), the Tenant’s liability or payments made during that year in respect of the Service Charge payment reserved by Clause 2(b)(i) shall not in any service charge period exceed the Service Charge Cap (or a proportionate part of the Service Charge Cap in respect of any period of less than 12 months).

SERVICE CHARGE CAP. 2.1 For the purposes of this paragraph the following definitions apply: A the last monthly figure shown in the last edition of the Index published before the start of the service charge period (as defined in paragraph 4.5 below) immediately preceding the relevant review date (or in respect of the first review date date, the monthly figure shown in the edition of the Index for November 2012); B the last monthly figure shown in the last edition of the Index published by the Office for National Statistics as at the relevant review date; relevant review date means 1 January 2013 and thereafter the day after the date of expiry of each consecutive service charge period; S the Service Charge Cap payable under this Lease immediately preceding the relevant review date; and Service Charge Cap £129,352 232,714 (subject to review in accordance with the provisions of paragraph 2.3 (Review of Service Charge Cap) below). 2.2 Notwithstanding the provisions of this Lease (but subject to paragraph 3.3 below), the Tenant’s liability or payments made during that year in respect of the Service Charge payment reserved by Clause 2(b)(i) shall not in any service charge period exceed the Service Charge Cap (or a proportionate part of the Service Charge Cap in respect of any period of less than 12 months).

SERVICE CHARGE CAP. 2.1 For the purposes of this paragraph the following definitions apply: A the last monthly figure shown in the last edition of the Index published before the start of the service charge period (as defined in paragraph 4.5 below) immediately preceding the relevant review date (or in respect of the first review date date, the monthly figure shown in the edition of the Index for November 2012); B the last monthly figure shown in the last edition of the Index published by the Office for National Statistics as at the relevant review date; relevant review date means 1 January 2013 and thereafter the day after the date of expiry of each consecutive service charge period; S the Service Charge Cap payable under this Lease immediately preceding the relevant review date; and Service Charge Cap £129,352 129,064.50 (subject to review in accordance with the provisions of paragraph 2.3 (Review of Service Charge Cap) below). 2.2 Notwithstanding the provisions of this Lease (but subject to paragraph 3.3 below), the Tenant’s liability or payments made during that year in respect of the Service Charge payment reserved by Clause 2(b)(i) shall not in any service charge period exceed the Service Charge Cap (or a proportionate part of the Service Charge Cap in respect of any period of less than 12 months).

SERVICE CHARGE CAP. 2.1 For the purposes of this paragraph the following definitions apply: A the last monthly figure shown in the last edition of the Index published before the start of the service charge period (as defined in paragraph 4.5 below) immediately preceding the relevant review date (or in respect of the first review date , the monthly figure shown in the edition of the Index for November 2012); B the last monthly figure shown in the last edition of the Index published by the Office for National Statistics as at the relevant review date; relevant review date means 1 January 2013 and thereafter the day after the date of expiry of each consecutive service charge period; S the Service Charge Cap payable under this Lease immediately preceding the relevant review date; and Service Charge Cap £129,352 73,772.50 (subject to review in accordance with the provisions of paragraph 2.3 (Review of Service Charge Cap) below). 2.2 Notwithstanding the provisions of this Lease (but subject to paragraph 3.3 below), the Tenant’s liability or payments made during that year in respect of the Service Charge payment reserved by Clause 2(b)(i) shall not in any service charge period exceed the Service Charge Cap (or a proportionate part of the Service Charge Cap in respect of any period of less than 12 months).