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 costs of the Building Manager undertaking any Works in accordance with this clause 24 shall be a debt payable by the defaulting Owner to the Building Service Charge on demand.

• Building Service Charge exclusions Costs arising from any damage or destruction to the Building caused by an Insured Risk or an Uninsured Risk.

• 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 Xxxx Days and by such additional payments as may be required under paragraph 5 of Part III of this Schedule 6.

• Available on a new Internal Repairing and Insuring lease with the external repairs and maintenance costs recharged via the Building Service Charge.

More Definitions of Building Service Charge

Building Service Charge a fair and due proportion applicable to the Property as determined by the Landlord’s Surveyor (acting reasonably) of all Building Service Costs properly incurred by the Landlord in the provision of the Building Services.

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 has the meaning given to this term in the Superior Lease.

Building Service Charge means a Fair Proportion of the Building Provision

Building Service Charge means a sum equal to such reasonable and proper proportion as the Landlord may from time to time reasonably and properly specify of the Building Expenditure

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. An initial estate service charge budget will be provided to the Lessee for the estate service charge to include a full breakdown of the items of expenditure to be included within the Lessor’s estate services. 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). A fair proportion of the cost of insuring the Building will be recovered from the Lessee. The Tenant’s insurance apportionment will be calculated by reference to the net lettable area of the Demised Premises, in relation to the net lettable area of the Property.

Building Service Charge means the service charge percentages calculated as follows:-