Electric Energy Clause Samples
The Electric Energy clause defines the terms and conditions governing the supply, purchase, and delivery of electric energy under an agreement. It typically specifies the quantity of electricity to be provided, the delivery points, quality standards, and the responsibilities of each party regarding metering and scheduling. This clause ensures that both parties have a clear understanding of their obligations related to electric energy transactions, thereby reducing the risk of disputes and ensuring reliable and consistent energy supply.
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Electric Energy. (a) Electric current will be supplied to the demised premises at the commencement of the term in accordance with the provisions of Subparagraph (b) of this Paragraph 46. Except for customary office equipment, Tenant agrees that it will make no electrical installations, alterations, additions or changes to electrical equipment or appliances without the prior written consent of Owner in each instance, which consent shall not be unreasonably withheld or delayed; provided that Tenant's use of electric current shall never exceed the capacity of the then existing feeders to the Building or the risers or wiring installation serving the demised premises. Tenant will at all times comply with the rules, regulations, terms and conditions applicable to service, equipment, wiring and requirements of the public utility supplying electricity to the Building. In the event that, in Owner's sole judgment, Tenant's electrical requirements necessitate installation of additional risers, feeders or other proper and necessary equipment, the same shall be installed by Owner at Tenant's sole expense, which shall be chargeable and collectible as additional rent and paid within twenty (20) days after rendition of a bill ▇▇ Tenant therefor. Rigid conduit only will be allowed. Owner shall not be liable in any way to Tenant for any failure or defect in the supply or character of electrical service furnished to the demised premises by reason of any requirement, act or omission of the public utility serving the Building or for any other reason not attributable to Owner's negligence.
(b) Electric current will be supplied by Owner to service Tenant's usual operating equipment and Tenant will pay Owner or Owner's designated agent, as additional rent for such service, one hundred seven (107%) percent of the actual cost payable by Owner for supplying electric current for Tenant's consumption. Owner covenants and agrees to supply at least the same quantity of electric current to the demised premises throughout the term of the Lease as is currently supplied to the demised premises as of the date hereof. Tenant's usage shall be determined by meter or submeter installed by Owner, at Owner's expense, for the purpose of measuring such consumption, which meter or submeter shall separately measure only Tenant's usage and demand of electric energy (except in the case of a subletting of a portion of the demised premises). Where more than one meter measures the service to Tenant, the service rendered th...
Electric Energy. 24 16 Heat, Ventilation and Air-Conditioning ................ 25 17
Electric Energy. Landlord shall provide electrical energy used by Tenant for heat, air-conditioning, lighting and other services, and for the conduct of its manufacturing operations in the Premises.
Electric Energy. 17.01 Landlord shall not be liable for any failure, inadequacy or defect in the character or supply of electric energy furnished by the public utility to the Demised Premises, nor shall Tenant's covenants and obligations under this Lease be reduced or abated in any manner, whatsoever, by reason of any such failure, inadequacy or defect.
Electric Energy. In order to allow the Rental by the User, the Company will have to activate the supply of electricity to power the Miner and keep it active at its own expense, for the entire duration of the Rental and until Termination.
Electric Energy. 18.01 Tenant shall purchase the electric energy required by it in the Demised Premises at its own expense on a direct-metered basis from the public utility servicing the Building, and Landlord shall permit the rises, conduits and feeders in the Building, to the extent available, suitable and safely capable, to be used for the purpose of transmitting such electrical energy through the Building. Landlord shall not be liable for any failure, inadequacy or defect in the character or supply of electric current furnished to the Building except for actual damage suffered by Tenant by reason of any such failure, inadequacy or defect caused by the negligence or willful acts of Landlord.
Electric Energy. Megawatt-hours (MWH) of electric energy.
Electric Energy. 29 ARTICLE 19 HEAT, VENTILATION AND AIR-CONDITIONING.......... 35 ARTICLE 20
Electric Energy. 15.01. Subject to the provisions of this Article, Landlord shall furnish the electric energy that Tenant shall reasonably require in the Premises for the purposes permitted under this Lease. Landlord represents that the electric power available to the Premises as of the date hereof is at least 35 ▇▇▇▇▇ per actual square foot in the laboratory portion of the Premises and 3 ▇▇▇▇▇ per actual square foot in the office portion of the Premises. Except for electric energy required to operate motors on the air handlers providing heat, ventilating and conditioning to the Premises ("HVAC Electric"), such electric energy furnished after December 31, 1997 may at Landlord's option either be calculated pursuant to the mathematical model which Landlord will furnish to Tenant or be furnished through a meter or meters and related equipment, installed and maintained by Landlord at Tenant's expense, measuring the amount of electric energy furnished to the Premises. Tenant shall pay Landlord for such electric energy furnished after December 31, 1997, as Additional Charges, within ten days after Landlord bills Tenant therefor, which bills shall be rendered not more often than monthly. The amount of such Additional Charges (a) for HVAC Electric shall be 105% of Landlord's cost and (b) for other electric energy furnished to the Premises ("Basic Electric") shall be based upon rates equal to 105% of the rates that would be applicable if such electric energy were supplied directly to Tenant through a meter or meters on a direct meter basis by the public utility company then supplying electric energy to the area of Westchester County in which the Premises are located; provided that such Additional Charges for Basic Electric shall in no event be based on rates that are less than 105% of the average of the rates at which Landlord purchases electric energy for the Project directly from such public utility company; including in each case, without limitation, those charges applicable to or computed on the basis of electric consumption, demand and hours of use, any sales or other taxes regularly passed on to or collected from similar consumers by such public utility company, fuel rate adjustments and surcharges, and weighted in each case to reflect differences in consumption or demand applicable to each rate level. Tenant and its authorized representatives may have access to such meter or meters (if any) on at least three days' notice to Landlord, for the purposes of verifying Landlord's ...
Electric Energy. 1.13. Electric Capability And Energy.