Electric Charges Clause Samples

Electric Charges. Commencing with the date on which Landlord delivers the Leased Premises to Tenant, Tenant shall pay directly to utility provider for electric current and all other utilities required for the proper operation of Tenant’s business. If Tenant fails to pay said charges within thirty days after same shall become due, Landlord, at its sole and absolute option, may consider Tenant to be in default.

Electric Charges. In an effort to encourage residents to be conscientious about utility conservation, and to more fairly distribute the costs of electricity usage to individual users, Brook Avenue requires each apartment household to pay, in addition to rent due under this Occupancy Agreement, a separate amount to be billed as provided herein, due as additional Rent, for the utility services of electricity. Such amount will be based upon an allocation of sub metered usage, at a commercial rate, which is based upon individual unit usage and some common area usage. Resident shall pay an amount stated in a separate bill (“Utility Bill”) received by Resident each month from a billing service provider (“Utility Management Systems”) designated by Brook Avenue. The total cost for the electricity utility each month is available upon request from the Management office. Upon move-in, Residents will be charged a new account activation fee. This activation fee will appear on Residents’ first utility bill for electricity usage. Residents agree to pay monthly service fee; which fee shall be included on each utility bill. Brook Avenue will have the right, but not the obligation, upon termination of this Agreement for any reason, to cause the billing utility company to prepare and submit to Residents, with a copy to Brook Avenue, a final utility bill, which bill may be estimated on the basis of the prorated, apportioned share of the most recent month’s utility bill to Residents. Residents agree such final utility bill will be due upon receipt. If such utility bill is not paid, Brook Avenue may recover the amount unpaid from Residents’ Security Deposit. All such amounts payable by Residents to Brook Avenue under this Agreement shall constitute additional Rent.

Electric Charges. Tenant shall continue to be liable for all electrical service used or consumed in the First Floor Space in accordance with the applicable provisions of the Lease, including, without limitation, Section 11(b) of the Original Lease.

Electric Charges. (a) Tenant agrees to purchase from landlord or from a meter company designated by Landlord all electricity consumed, used or to be used in the Premises. The amount to be paid by Tenant for electricity consumed shall be determined by meter or meters and related equipment installed by Landlord and billed in the aggregate according to each meter. Bills for electricity consumed by Tenant shall be rendered by Landlord or the meter company to Tenant at such time as Landlord may elect, and shall be payable by Tenant as an Additional Charge within twenty (20) days after rendition of any such b▇▇▇. (b) The amount to be charged to Tenant by Landlord for demand (KW) and usage (KWHR) pursuant to this Section 2.07 for electricity consumed within the Premises, whether shown on the meters measuring Tenant’s demand (KW) and usage (KWHR) of electricity or determined by survey as otherwise provided in this Section 2.07, shall be 106% of the amount (as adjusted from time to time, the “Electric Rate”) at which Landlord from time to time purchases each KW and KWHR of electricity for the same period from the public utility company (including all surcharges, taxes, fuel adjustments, taxes passed on to consumers by the public utility, and other sums payable in respect thereof). (c) In the event that submetering of electricity in the Building is hereafter prohibited by any Laws hereinafter enacted, by any order or ruling of the Public Service Commission of the State of New York, or by any judicial decision of any appropriate court, or Landlord shall elect to discontinue furnishing electricity to Tenant pursuant to Section 2.07(a) above (and shall concurrently elect to discontinue furnishing electricity to the tenants under leases (including this Lease) which demise at least 75% of the occupied rentable square footage of the Building), at the request of Landlord, Tenant shall (unless Landlord elects to provide electricity pursuant to Section 2.07(d) hereof) apply within thirty (30) days to the appropriate public utility company servicing the Building for direct electric service and, if Landlord shall have been required by any Laws, any order or ruling of the Public Service Commission or judicial decision to so discontinue furnishing electricity, bear all costs and expenses necessary to comply with all rules and regulations of such public utility company pertinent thereto (and if Landlord shall otherwise elect to discontinue furnishing electricity, Landlord shall bear such costs and...

Electric Charges. The Lease is supplemented to provide that from and after the Replacement Space Commencement Date, Tenant shall pay, as additional rent, all charges for electricity, light, heat or other utility used by Tenant at the Replacement Space. If electric energy consumed in the Replacement Space is not separately metered, either by the utility company or by Landlord, and billed to Tenant, Tenant shall pay Landlord for such electric energy the sum of $19,831.25 per annum (i.e., $1.25 per square foot of gross rentable area of the Replacement Space) in equal monthly installments of $1,652.60 each on the first day of each month during the term of the Lease commencing on the Replacement Space Commencement Date. Such sum of $19,831.25 shall be subject to increase in accordance with increases in electric charges payable by Landlord. In addition, either Landlord or Tenant may, at any time, at its sole cost and expense, engage an electrical consultant, approved by Landlord, to make a survey of the electric energy demand in the Replacement Space and to determine the average monthly electric consumption in the Replacement Space. The findings of said consultant as to the average monthly electric consumption of Tenant shall be deemed conclusive and binding upon the parties. From and after said consultant has submitted its report, Tenant shall pay to Landlord, as additional rent, on the first day of each month during the balance of the term of the Lease (or until another such survey is performed or a separate electric meter is installed for the Replacement Space), in advance, the amount set forth in the survey as the monthly electric consumption.

Electric Charges. Sublessee shall pay amounts required to be paid by ---------------- Sublessor under the Master Lease for Tenant Electric usage, provided, however, such costs shall be prorated to the extent the commencement or expiration of the Sublease Term falls on a date other than the first and last day of the applicable billing period for Tenant Electric under the Master Lease.

Electric Charges. Tenant covenants and agrees to pay as Additional Rent, without set-off or deduction, 50% of the electricity charges as billed by the public utility company (Consolidated Edison) for electricity used in the building and registered by the building meter.

Electric Charges. The Lease is supplemented to provide that from and after the New Space Commencement Date, in addition to Tenant's obligation to pay all charges for electricity, light, heat or other utility used by Tenant at the Original Space, Tenant shall also pay, as additional rent, all charges for electricity, light, heat or other utility used by Tenant at the New Space. If electric energy consumed in the New Space is not separately metered, either by the utility company or by Landlord, and billed to Tenant, Tenant shall pay Landlord for such electric energy the sum of $4,862.50 per annum (ie, $1.25 per square foot of gross rentable area of the New Space) in equal monthly installments of $405.21 each on the first day of each month during the term of the Lease commencing on the New Space Commencement Date. Such sum of $4,862.50 shall be subject to increase in accordance with increases in electric charges payable by Landlord. In addition, either Landlord or Tenant may, at any time, at its sole cost and expense, engage an electrical consultant, approved by Landlord, to make a survey of the electric energy demand in the New Space and to determine the average monthly electric consumption in the New Space. The findings of said consultant as to the average monthly electric consumption of Tenant shall be deemed conclusive and binding upon the parties. From and after said consultant has submitted its report, Tenant shall pay to Landlord, as additional rent, on the first day of each month during the balance of the term of the Lease (or until another such survey is performed or a separate electric meter is installed for the New Space), in advance, the amount set forth in the survey as the monthly electric consumption.

Electric Charges. Commencing on the Commencement Date, in addition to the Base Rent and other charges set forth in this Lease, Tenant shall pay Landlord for all electricity consumed in the Premises, including electricity consumed by the air-conditioning, heating and ventilating equipment serving the Premises, together with Tenant’s Proportionate Share of the cost of electricity consumed in the operation of the common areas of the Property. Tenant shall pay Landlord for such electric charges based on the sub-meter reading for the Premises and the common areas, including any meter reading charges incurred by Landlord. All charges for electricity shall be payable as Additional Rent, with the installment of Base Rent with which they are billed, or if billed separately, shall be due and payable within ten (10) days after such billing.