Examples of Service Charge Year in a sentence
If any cost is omitted from the calculation of the Service Charge in any Service Charge Year, the Landlord shall be entitled to include it in the estimate and certificate of the Service Charge in any following Service Charge Year.
Preparation of estimate and on account payments Before or as soon as practicable after the start of each Service Charge Year, the Landlord will prepare and send the Tenant an estimate of the Landlord’s Expenses for that Service Charge Year and a statement of the estimated Service Charge for that Service Charge Year.
The Landlord may change the Service Charge Year commencement date by giving written notice (an Alternative Date Notice) to the Tenant of an alternative commencement date for the Service Charge Year.
The Tenant’s obligations for the Service Charge Year current at the date of this Lease to pay the estimated Service Charge and the actual Service Charge will be limited to an apportioned part of those amounts.
The apportioned part will be calculated on a daily basis for the period from the date of this Lease to end of the Service Charge Year.