Hotel lodging Cost definition
Hotel lodging Cost means amounts including but not limited to charges in respect of security ,insurance, rates and taxes, water consumption and costs in maintaining the RETIREMENT GARDEN ESTATE UNIT and COMMUNAL FACILITIES including management fees and consumable expenses incurred by the hotel for meals and housekeeping services more comprehensively detailed in Annexure “A”, payable monthly to the OWNER by the CLIENT. The amount charged is inclusive of VAT, and shall be calculated from the effective date, or such other date agreed to should the unit be rented to a third party by the Life Right owner.