Examples of Common Area Maintenance Charges in a sentence
A Half-yearly Common Area Maintenance Charges of Rs 300/- per sqm + GST/taxes as applicable, of actual area licensed shall be payable to Maha- Metro along with the advance license fee.
Tenant shall pay to Landlord Tenant’s Proportionate Share of all Common Area Maintenance Charges (“Pass-Through Charges”), which shall be determined for each year by multiplying the total Common Area Maintenance Charges by Tenant’s Proportionate Share, expressed as a fraction.
Unless Tenant objects to any such statement within thirty (30) days of receipt thereof, Tenant shall be deemed to have waived the right to make any objections to such statement or to the amount of Tenant’s Proportionate Share of Common Area Maintenance Charges for such calendar year.
Commencing at the same time as Base Rent commences under this Lease, Tenant shall pay to Landlord, as Additional Rent, any other amounts (other than Base Rent) for which Tenant is liable to Landlord hereunder, including but not limited to Common Area Maintenance Charges and sales or privilege tax.
The above assets do not include the value of assets which are recoverable from the licencees as Common Area Maintenance Charges.