Condominium Dues definition
Condominium Dues means all charges allocable to the repair, ownership, management, maintenance, replacement, restoration or operation of the General Common Areas, Yuchengco Tower Building Common Areas and the limited Common Areas (as these terms are defined in the Master Deed) or any part thereof intended to be devoted for the common benefit of occupants of the Yuchengco Tower in general and the Leased Premises in particular (including the expenses, costs and disbursements of every kind and nature) which the lESSOR shall pay and/or become obligated to pay, including but not limited to, the following:
Condominium Dues means any and all fees, expenses or dues ---------------- payable under the Condominium Declaration.
Examples of Condominium Dues in a sentence
Condominium Dues are subject to review and adjustment by the LESSOR based on the actual amount of expenses incurred by the LESSOR.
The Security Deposit shall be adjusted accordingly upon each increase in the Rent and/or the Condominium Dues or upon demand by the LESSOR after application of part of the Security Deposit to cure any Default.
The LESSEE shall pay the Condominium Dues of Php170.00 per sq.m on the Leased Premises within the first five (5) days of each calendar month.