Common use of Cost of Increasing Capacity Clause in Contracts

Cost of Increasing Capacity. Should Landlord consent to installation of equipment or a design load for the Premises in excess of that existing upon the Commencement Date, the additional equipment required to increase the capacity for Tenant's excess equipment or design load shall be provided by Landlord. Tenant shall, upon installation, pay to Landlord the cost to purchase, install, service and maintain such additional equipment. The cost of the electric energy and other utilities used in excess of the original design load for the Premises as determined by Landlord and its engineers and consultants shall be paid for by Tenant on a monthly basis with the Base Rent commencing on the date the additional electric energy or utility service is made available to Tenant.

Appears in 2 contracts

Samples: Lease Agreement (Znomics, Inc.), Lease Agreement (Znomics, Inc.)

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Cost of Increasing Capacity. Should Landlord consent to installation of equipment or a design load for the Premises in excess of that existing upon the Commencement Date, the additional equipment required to increase the capacity for Tenant's ’s excess equipment or design load shall be provided by Landlord. Tenant shall, upon installation, pay to Landlord the cost to purchase, install, service and maintain such additional equipment. The cost of the electric energy and other utilities used in excess of the original design load for the Premises as determined by Landlord and its engineers and consultants shall not be an Operating Expense of the Building but shall be paid for by Tenant on a monthly basis with the Base Rent commencing on the date the additional electric energy or utility service is made available to Tenant.

Appears in 2 contracts

Samples: Lease Amendment (Mathstar Inc), Office Lease Agreement (Mathstar Inc)

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