Common use of Service Charge Exclusions Clause in Contracts

Service Charge Exclusions. Costs arising from any damage or destruction to the Estate caused by an Insured Risk or an Uninsured Risk. Capital costs of the construction, alteration, redevelopment or extension of the Estate. Costs of upgrading, innovation or improvement resulting from any repair, maintenance, reinstatement, rebuilding or replacement, but this will not prevent the Landlord including costs within the Estate Service Costs where they arise: where an item is to be replaced by way of repair and the replacement is broadly the modern day or up-to-date equivalent of what was there previously; where the Landlord considers replacement to be more economical than repair (and the Landlord is entitled to take into consideration the medium/long-term benefits of replacement); where an item has to be replaced or installed to comply with any Act or the requirements of the Insurers; or where replacement or renewal is reasonable and cost-effective and will reduce operating costs for the benefit of the tenants of the Lettable Units or improve the Environmental Performance of the Estate. Costs in incurred in respect of any unlet Lettable Unit. Rent collection costs. Costs incurred in dealing with any lettings or rent reviews at the Estate. Unrecovered costs due from another tenant of the Estate. Costs incurred in dealing with the Landlord’s interest in the Estate, including the costs of advertising and promotional or publicity activities relating to any proposed dealing with the Landlord’s interest in the Estate.

Appears in 2 contracts

Samples: modelcommerciallease.co.uk, modelcommerciallease.co.uk

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Service Charge Exclusions. Costs arising from any damage or destruction to the Estate caused by an Insured Risk or an Uninsured Risk. Capital costs of the construction, alteration, redevelopment or extension of the Estate. Costs of upgrading, innovation or improvement resulting from any repair, maintenance, reinstatement, rebuilding or replacement, but this will not prevent the Landlord including costs within the Estate Service Costs where they arise: where an item is to be replaced by way of repair and the replacement is broadly the modern day or up-to-date equivalent of what was there previously; where the Landlord considers replacement to be more economical than repair (and the Landlord is entitled to take into consideration the medium/long-term benefits of replacement); where an item has to be replaced or installed to comply with any Act or the requirements of the Insurers; or where replacement or renewal is reasonable and cost-effective and will reduce operating costs for the benefit of the tenants of the Lettable Units or improve the Environmental Performance of the Estate. Costs in incurred in respect of any unlet Lettable Unit. Rent collection costs. Costs incurred in dealing with any lettings or rent reviews at the Estate. Unrecovered costs due from another tenant of the Estate. Costs incurred in dealing with the Landlord’s interest in the Estate, including the costs of advertising and promotional or publicity activities relating to any proposed dealing with the Landlord’s interest in the Estate.. [Costs incurred in running and maintaining any car park at the Estate where parking is charged for and the Landlord keeps the charges]118 : Weighting119

Appears in 2 contracts

Samples: modelcommerciallease.co.uk, modelcommerciallease.co.uk

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Service Charge Exclusions. Costs arising from any damage or destruction to the Estate caused by an Insured Risk or an Uninsured Risk. Capital costs of the construction, alteration, redevelopment or extension of the Estate. Costs of upgrading, innovation or improvement resulting from any repair, maintenance, reinstatement, rebuilding or replacement, but this will not prevent the Landlord including costs within the Estate Service Costs where they arise: where an item is to be replaced by way of repair and the replacement is broadly the modern day or up-to-date equivalent of what was there previously; where the Landlord considers replacement to be more economical than repair (and the Landlord is entitled to take into consideration the medium/long-term benefits of replacement); where an item has to be replaced or installed to comply with any Act or the requirements of the InsurersLandlord’s insurers; or where replacement or renewal is reasonable and cost-effective and will reduce operating costs for the benefit of the tenants of the Lettable Units or improve the Environmental Performance of the Estate. Costs in incurred in respect of any unlet Lettable Unit. Rent collection costs. Costs incurred in dealing with any lettings or rent reviews at the Estate. Unrecovered costs due from another tenant of the Estate. Costs incurred in dealing with the Landlord’s interest in the Estate, including the costs of advertising and promotional or publicity activities relating to any proposed dealing with the Landlord’s interest in the Estate.. [Costs incurred in running and maintaining any car park at the Estate where parking is charged for and the Landlord keeps the charges]118 : Weighting119

Appears in 1 contract

Samples: modelcommerciallease.co.uk

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