Interim Charge definition

Interim Charge means such sum as shall be payable from time to time on account of the Service Charge in respect of each Service Charge Year as the Manager shall specify to be a fair and reasonable interim payment and if no sum shall be so specified there shall be paid on account a sum equal to such sum last specified by the Manager provided that the Interim Charge shall not exceed the Service Charge Cap.
View Source
Interim Charge. Means the "Interim Charge" as defined by the Rentcharge Deed.
View Source
Interim Charge means the Tenant's Proportion of the amount of the Estimate for each Accounting Period
View Source

Examples of Interim Charge in a sentence

  • If the Interim Charge paid by the Owner in respect of any Service Charge Year exceeds the Service Charge for that Service Charge Year the surplus of the Interim Charge so paid over and above the Service Charge shall be carried forward by the Manager and credited to the account of the Owner in computing the Interim Charge in succeeding Service Charge Years.

  • If the Service Charge in respect of any Service Charge Year exceeds the Interim Charge paid by the Owner in respect of that Service Charge Year together with any surplus from previous years carried forward as aforesaid then the Owner shall pay a sum equal to the amount of the excess to the Manager within 14 days of the service of the Certificate on the Owner or such longer period as the Manager shall specify.

  • Before the commencement of each Service Charge Year or as soon as possible thereafter, the Manager or its managing agent shall provide the Owner with an estimate of the Expenditure anticipated to be incurred in that Service Charge Year and the amount of the Interim Charge for that Service Charge Year.

  • The Owner covenants with the Manager: To pay the Estate Rentcharge to the Manager in accordance with this clause 3.2 by way of the Interim Charge and the Excess Service Charge.


More Definitions of Interim Charge

Interim Charge in the case charges payable to BT the charge (or the means of calculating that charge) for a Standard Service (other than a Competitive Standard Service) for each Financial Year In Question determined by the Director General in accordance with Condition 13.5A.3A or 13.
View Source
Interim Charge means a charge assessed to recover section 10(f) costs for a specified period of headwater benefits pending determination of a final charge for that period.
View Source

Related to Interim Charge

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the room charge, and reimbursement of the assessment as allowed in section 6.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay the customer's share of transition costs.

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.