Maintenance Charges definition

Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

Maintenance Charges shall comprise of the Common Expenses and such other charges incurred for the welfare and maintenance of the Project;

Maintenance Charges means the annual assessment paid for maintenance, taxes and management fees for the Home Resort owned by You.

Examples of Maintenance Charges in a sentence

• The Maintenance Charges shall become payable from the Possession Date.

• For the enjoyment and maintenance of the common areas and facilities of the Project, the Allottee shall be liable to remit per month the proportionate Maintenance Charges of such area and facilities as may be fixed by the Promoter and upon completion the Association from time to time.

• No Annual Maintenance Charges (AMC) shall be levied, if the value of securities holding is upto Rs. 50,000.

• The Allottee, after taking possession, agree(s) to pay the Maintenance Charges as determined by the Promoter/Association, as the case may be, after the issuance of the completion certificate for the Project.

• The Allottee hereby agrees to acquire the Apartment on the specific understanding that his right to the use of Common Areas shall be subject to timely payment of Maintenance Charges, as determined by the Promoter (or Association) and performance by the Allottee of all his obligations in respect of the terms and conditions specified by the Promoter or the Association from time to time.

More Definitions of Maintenance Charges

Maintenance Charges means the proportionate amount of Common Expenses payable monthly by the Allottee to the Maintenance Agency;

Maintenance Charges shall have the meaning ascribed to it in Clause 41(b);

Maintenance Charges with respect to any Lease, the amount owing by the Lessee under the terms of the related Lease in respect of maintenance services being provided in connection therewith. Maturity: with respect to any installment of principal of or interest on any Note, the date on which such installment is due and payable as therein or herein provided, whether at the Stated Maturity, by declaration of acceleration, or otherwise.

Maintenance Charges means the proportionate amount of Common Expenses payable monthly by the Purchaser to the Maintenance Agency;

Maintenance Charges means the monthly charges towards the maintenance services, as provided in Annexure C-I (a).

Maintenance Charges means charges payable to the Maintenance Agency for maintenance and management of the Said Project/Whole Project as described in Clause 5.5 of this Agreement.

Maintenance Charges means the charges to be paid by the Customer to Leica for Maintenance Services as set out in the relevant Quote.