Payment of the Service Charge Sample Clauses

Payment of the Service Charge. Within 14 days of the issue of the Certificate, the Tenant shall pay to the Landlord the sum certified as being payable to the Landlord but if a sum is certified as being due to the Tenant such sum shall be brought into account between the Landlord and the Tenant on the next following Quarter Day.
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Payment of the Service Charge. 12.1 The Landlord shall as soon as reasonably practicable after each Computing Date prepare an account showing the Gross Annual Expenditure and the Annual Expenditure for the Financial Year ending on that Computing Date and containing a schedule together with such receipts vouchers and other evidence of payment as the Tenant may reasonably require of the expenditure referred to in it and upon such account being certified by the Accountant it shall be conclusive evidence for the purposes of this Lease of all matters of fact referred to in the account except in the case of manifest error
Payment of the Service Charge. 2.1 The Landlord shall as soon as reasonably practicable after each Computing Date prepare an account showing the Annual Expenditure for the Financial Year ending on that Computing Date and containing a fair summary of the Annual Expenditure referred to in it and upon such account being properly audited in accordance with current practice by a suitably qualified person, it shall be conclusive evidence for the purposes of this Lease of all matters of fact referred to in the account except in the case of manifest error. The Landlord shall promptly following the account being audited by the accountant supply a copy of such account to the Tenant and shall, within a reasonable time of demand, make available to the Tenant for inspection all receipts and vouchers for all the Building Services and Centre Services incurred by the Landlord.
Payment of the Service Charge. For the purpose of this clause the following words and expressions shall where the context so admits be deemed to have the following meanings
Payment of the Service Charge. 1.1 The Tenant shall pay for the period from the date of commencement of the Term to the Calculation Date next following the date of this Lease a quarter of the Initial Provisional Service Charge the first payment being a proportionate sum in respect of the period from and including the date of commencement of the Term to and including the day before the next quarter day after the date of this Lease to be paid on the date of this Lease subsequent payments to be made in advance on the relevant quarter days in respect of the relevant quarters
Payment of the Service Charge. 7.1 For each Financial Year, the Tenant must pay to the Landlord on account of the Service Charge the sum of £2,500 or such other sum as the Landlord's Surveyor certifies to be fair and reasonable having regard to the likely amount of the Service Charge. That sum shall be paid in advance by bankers order (as for Rent), without deduction or set off by equal monthly instalments on the rent payment days, the first instalment or proportionate part thereof for the period from the rent commencement date to the next rent payment day being paid on the execution thereof. During any Financial Year the Surveyor may revise the contribution on account of the service charge for that Financial Year so as to take into account any actual or expected increase in expenditure, and as soon as reasonably practicable after such revisions the Surveyor must certify the amount of the revised contribution
Payment of the Service Charge. 8.1 The Landlord shall within 4 months after each Computing Date prepare and send to the Tenant an account showing the Gross Annual Expenditure and the Annual Expenditure for the Financial Year ending on that Computing Date and containing a fair summary of the expenditure referred to in it and upon such account being certified by the Accountant it shall be conclusive evidence for the purposes of this lease of all matters of fact referred to in the account except in the case of manifest error.
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Payment of the Service Charge. 4.1 The Tenant shall pay to the Landlord on account of the Service Charge on the 25th March 24th June 29th September and 25th December in each year (or such other quarterly or half yearly days as shall be notified in writing to the Tenant) one quarter of the Provisional Service Charge (or one half where the Landlord shall specify half yearly days for payment)
Payment of the Service Charge. 7.1 For each Financial Year, the Tenant must pay to the Landlord on account of the Service Charge the sum of (pound)750.00 or such other sum as the Landlord's Surveyor certifies to be fair and reasonable having regard to the likely amount of the Service Charge. That sum shall be paid in advance, without deduction or set off by equal instalments on the usual quarter days, the first instalment or proportionate part thereof for the period from the rent commencement date to the next quarter being paid on the execution thereof. During any Financial Year the Surveyor may revise the contribution on account of the service charge for that Financial Year so as to take into account any actual or expected increase in expenditure, and as soon as reasonably practicable after such revisions the Surveyor must certify the amount of the revised contribution

Related to Payment of the Service Charge

  • Service Charge The Tenant must pay the Service Charge in accordance with Part 1 of Schedule 3. VAT The Tenant must pay: VAT on any consideration in respect of a VAT Supply to the Tenant by the Landlord at the same time as the consideration is paid; and on demand VAT (and interest, penalties and costs where these are incurred because of anything the Tenant does or fails to do) charged in respect of any VAT Supply to the Landlord in respect of the Premises where that VAT is not recoverable by the Landlord from HM Revenue & Customs. The Tenant must not do anything that would result in the disapplication of the option to tax in respect of the Landlord’s interest in the Estate. Interest on overdue payments The Tenant must pay interest on the Rents and on all other sums not paid on or by the due date (or, if no date is specified, not paid within 10 Business Days after the date of demand). Interest will be payable at the Interest Rate for the period starting on the due date (or date of demand) and ending on the date of payment. Reimburse costs incurred by the Landlord The Tenant must pay on demand the Landlord’s costs (including legal and surveyor’s charges and bailiff’s and enforcement agent’s fees) and disbursements in connection with: any breach of the Tenant’s obligations in this Lease, including the preparation and service of a notice under section 146 of the 1925 Act; any application by the Tenant for consent under this Lease, whether that application is withdrawn or consent is granted or lawfully refused, except in cases where the Landlord is required to act reasonably and the Landlord unreasonably refuses to give consent; [and] [carrying out works to the Premises to improve their Environmental Performance where the Tenant, in its absolute discretion, has consented to the Landlord doing so; and]44 the preparation and service of a schedule of dilapidations served no later than six months after the End Date. Third party indemnity45 The Tenant must indemnify the Landlord against all actions, claims, demands made by a third party, all costs, damages, expenses, charges and taxes payable to a third party and the Landlord’s own liabilities, costs and expenses incurred in defending or settling any action, claim or demand in respect of any personal injury or death, damage to any property and any infringement of any right, in each case arising from: the state and condition of the Premises or the Tenant’s use of them; the exercise of the Tenant’s rights; or the carrying out of any Permitted Works. In respect of any claim covered by the indemnity in clause 4.7.1, the Landlord must: give formal notice to the Tenant of the claim as soon as reasonably practicable after receiving notice of it; provide the Tenant with any information and assistance in relation to the claim that the Tenant may reasonably require and the Landlord is lawfully able to provide, subject to the Tenant paying to the Landlord all costs incurred by the Landlord in providing that information and assistance; and mitigate its loss (at the Tenant’s cost) where it is reasonable for the Landlord to do so.

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • No Service Charge None of the Issuer, the Note Registrar or the Indenture Trustee will impose a service charge on a Noteholder for the registration of transfer or exchange of Notes. The Issuer, the Note Registrar or the Indenture Trustee may require the Noteholder to pay an amount to cover taxes or other governmental charges that may be imposed for the registration of transfer or exchange of the Notes.

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

  • Application of Insufficient Payments If at any time insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of principal, unreimbursed LC Disbursements, interest and fees then due hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed LC Disbursements then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed LC Disbursements then due to such parties.

  • Payment Processing; Allocation; Priority of Payments (i) The Servicer shall post all payments received to Customer accounts as promptly as practicable, and, in any event, substantially all payments shall be posted no later than three (3) Business Days after receipt.

  • Interest Fees and Charges 3.1Interest

  • Maintenance Fee The Maintenance Fee (SEE SCHEDULE - ACCUMULATION PERIOD) will be deducted during the Accumulation Period from the Account Value on each anniversary of the Account Effective Date and upon withdrawal of the entire Account.

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