the Interim Charge definition

the Interim Charge means such sum as is to be paid on account of the Service Charge in respect of each Accounting Period as the Lessors shall from time to time specify in writing such Interim Charge to be based on the anticipated Cost of the Lessors' Services for the then current Accounting Period estimated by reference to (inter alia) the total expenditure for the immediately preceding Accounting Period
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the Interim Charge means four equal instalments such sums to be paid in advance on account of the Service Charge for an Accounting Period as the Lessors or the Managing Agents shall from time to time specify to be a fair and reasonable estimate of the Service Charge that will be payable by the Tenant for that Accounting Period PROVIDED THAT the Lessor may revise such estimate during an Accounting Period if it shall be fair and reasonable to do so in the circumstances and the remaining instalments in such Accounting Period shall be adjusted accordingly
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the Interim Charge means such sum to be paid on account of the Service Charge in respect of each accounting period as the Landlord’s Surveyor shall reasonably specify to be a fair and reasonable estimate of the likely Service Charge for that accounting period and which sum shall be notified to the Tenant in writing
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Examples of the 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 the Interim Charge

the Interim Charge means such reasonable sum on account of the Service Charge in respect of each Accounting Period as the Lessor or its agent shall in writing specify to the Lessee and for the Accounting Period during which this lease is executed the Interim Charge shall be based on the anticipated Total Expenditure for the period from the date
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the Interim Charge means such sum to be paid on account of the Lessees Contribution in respect of each Service year as the auditors of the Lessor or any managing agent of the Lessor shall specify at their discretion to be a fair and reasonable interim payment
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the Interim Charge means such sum as is to be paid on account of the Service Charge in respect of each Accounting Period as the Lessors shall from time to time specify in writing such Interim Charge to be based on the anticipated Cost of the Lessors' Services for the then current Accounting Period estimated by reference to (inter-alia) the total expenditure for the immediately preceding Accounting Period
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Related to the Interim Charge

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

  • 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.

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • 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.