Common use of Electric Energy Clause in Contracts

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 xx 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 through each meter shall be computed and billed conjunctively in accordance with the provisions hereinabove set forth. Bills for electric energy shall be rendered at such time as Owner may elect and the amount, as computed from the meter, shall be, and be paid as, additional rent. Such bills shall be paid by Tenant within thirty (30) days after the same are rendered and failure to pay shall be an event of default. If any tax is imposed upon Owner's receipts from the sale or resale of electric current to Tenant by any federal, state or municipal authority, Tenant agrees that where permitted by law, Tenant's Percentage of such taxes shall be passed on to, and included in the bill xx, and paid by Tenant to Owner.

Appears in 2 contracts

Samples: Office Lease (Media Metrix Inc), Sublease (Media Metrix Inc)

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Electric Energy. (a1) Electric current will Landlord, subject to its ability to obtain the same from its principal supplier and to the needs of Landlord and co-tenants, shall cause the Premises to be supplied with electric current for lighting and power. Landlord shall permit its wires and conduits, (being normal office lighting and duplex receptacles) to the demised premises at the commencement of the term in accordance with the provisions of Subparagraph (b) of this Paragraph 46be used for such purpose. 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 ’s use of electric current shall never exceed the safe capacity of existing electrical wiring on, and supplying the then existing feeders to the Building or the risers or wiring installation serving the demised premisesPremises. Tenant will at all times comply with the rules, regulations, terms Any special wires 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, conduits for Tenant's electrical requirements necessitate installation of additional risers, feeders or other proper and necessary equipment, the same ’s special equipment shall be supplied and installed by Owner Tenant at Tenant's sole its expense, which shall be chargeable and collectible as additional rent and paid within twenty (20) days after rendition of a bill xx 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 Xxxxxx 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, receive power for the purpose of measuring such consumption, lighting and normal office use from Landlord the cost of which meter or submeter shall separately measure only Tenant's usage and demand of electric energy (except will be included in the case of a subletting of a portion Operating Expenses of the demised premises)Building. Where more than one meter measures the service Should Tenant require power in excess of that required for a normal office operation, Xxxxxx agrees to Tenant, the service rendered through each meter pay for such additional power and such amount shall be computed collectible as rent. The amount shall be payable by Tenant monthly, and billed conjunctively shall be calculated in such a manner that it shall not exceed the amount that would have been payable for the said electricity had Tenant been charged directly for the electricity at the rate fixed by the authority providing the same. The charge to Tenant for this electricity may vary from time to time in accordance with changes in the provisions hereinabove set forthrate charged to Landlord. Bills for electric energy Any rental so collected will be credited to the total light and power expense of the Building prior to determining a Tenant’s Proportion of Operating Expenses. The cost of any required sub-meters and the installation thereof shall be rendered at such time as Owner may elect Tenant’s expense. The obligation of Landlord hereunder shall be subject to any rules or regulations to the contrary of the authority providing electricity or any other municipal or governmental authority. (2) Tenant agrees to pay the cost, including installation, of all electric light bulbs, tubes and ballasts used to replace those installed in the Premises at the commencement of the term and the amountcost of cleaning, maintenance and repair of the fluorescent fixtures as computed may be from time to time required by Landlord in accordance with prudent building management practices and Landlord shall at its option have the meterexclusive right to provide and carry out at Tenant’s expense such installations, maintenance, repair, relamping and destaticizing at reasonably competitive rates. (3) Any electrical energy consumed in the Premises in excess of 2.3 xxxxx per square foot multiplied by 60 hours per week, multiplied by the rentable area of the Premises, shall be, and be paid as, additional rent. Such bills shall be paid by Tenant within thirty (30) days after the same are rendered and failure billed to pay shall be an event of default. If any tax is imposed upon Owner's receipts from the sale or resale of electric current to Tenant by any federal, state or municipal authority, Tenant agrees that where permitted by law, Tenant's Percentage of such taxes shall be passed on to, and included in the bill xx, and paid for by Tenant to OwnerTenant.

Appears in 2 contracts

Samples: Net Lease (Movella Holdings Inc.), Net Lease (Pathfinder Acquisition Corp)

Electric Energy. (a1) Electric current will Landlord, subject to its ability to obtain the same from its principal supplier and to the needs of Landlord and co-tenants, shall cause the Premises to be supplied with electric current for lighting and power. Landlord shall permit its wires and conduits, (being normal office lighting and duplex receptacles) to the demised premises at the commencement of the term in accordance with the provisions of Subparagraph (b) of this Paragraph 46be used for such purpose. 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 safe capacity of existing electric wiring on, and supplying the then existing feeders to the Building or the risers or wiring installation serving the demised premisesPremises. Tenant will at all times comply with the rules, regulations, terms Any special wires 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 xx 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 conduits for Tenant's consumptionspecial equipment shall be supplied and installed by Tenant at its expense. Owner covenants and Tenant 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, receive power for the purpose of measuring such consumptionlighting and normal office use from Landlord, the cost of which meter or submeter shall separately measure only Tenant's usage and demand of electric energy (except will be included in the case of a subletting of a portion Operating Expenses of the demised premises)Building. Where more than one meter measures the service Should Tenant require power in excess of that required for a normal office operation, Tenant agrees to Tenant, the service rendered through each meter pay for such additional power and such amount shall be computed collectible as rent. The amount shall be payable by Tenant monthly, and billed conjunctively shall be calculated in such a manner that it shall not exceed the amount that would have been payable for the said electricity had Tenant been charged directly for the electricity at the rate fixed by the authority providing the same. The charge to Tenant for this electricity may vary from time to time in accordance with changes in the provisions hereinabove set forthrate charged to Landlord. Bills for electric energy Any rental so collected will be credited to the total light and power expense of the Building prior to determining a Tenant's Proportion of Operating Expenses. The cost of any required sub-meters and the installation thereof shall be rendered at such time as Owner may elect Tenant's expense. The obligation of Landlord hereunder shall be subject to any rules or regulations to the contrary of the authority providing electricity or any other municipal or governmental authority. (2) Tenant agrees to pay the cost, including installation, of all electric light bulbs, tubes and ballasts used to replace those installed in the Premises at the commencement of the term and the amountcost of cleaning, maintenance and repair of the fluorescent fixtures as computed may be from time to time required by Landlord in accordance with prudent building management practices and Landlord shall at its option have the meterexclusive right to provide and carry out at Tenant's expense such installations, maintenance, repair, relamping and destaticizing at reasonably competitive rates. (3) Any electrical energy consumed in the Premises in excess of 2.3 watts per square foot multiplied by 60 hours per week, multiplied by xxx rentable area of the Premises, shall be, and be paid as, additional rent. Such bills shall be paid by Tenant within thirty (30) days after the same are rendered and failure billed to pay shall be an event of default. If any tax is imposed upon Owner's receipts from the sale or resale of electric current to Tenant by any federal, state or municipal authority, Tenant agrees that where permitted by law, Tenant's Percentage of such taxes shall be passed on to, and included in the bill xx, and paid for by Tenant to OwnerTenant.

Appears in 1 contract

Samples: Receiver's Assignment of Lease (Itc Learning Corp)

Electric Energy. (a) Electric current will be supplied Landlord shall redistribute or furnish electricity to or for the use of Tenant in the Premises for the operation of Tenant’s electrical systems and equipment in the Premises, at a level sufficient to accommodate a connected load of 6.0 xxxxx of electricity per rentable square foot of office space in the Premises (excluding base Building electric and electricity for the HVAC Unit). Subject to the demised premises penultimate sentence of this paragraph, Tenant shall pay to Landlord, on demand from time to time, but not more than monthly, for its consumption of electricity at the commencement Premises, as Additional Charges for such service from and after the Commencement Date, a sum equal to 105% of the term in accordance with product obtained by multiplying (x) the provisions Cost Per Kilowatt Hour, by (y) the actual number 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 kilowatt hours of electric current consumed by Tenant in such billing period. At Landlord’s expense, Landlord shall never exceed install a meter or meters to measure Tenant’s consumption of electricity in 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 rulesPremises, 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 which meters shall be installed maintained by Owner Landlord at Tenant's sole ’s expense, which shall be chargeable and collectible as additional rent and paid within twenty (20) days after rendition of a bill xx 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 Tenant’s consumption of electricity in the service to TenantPremises (including electricity for the HVAC Units), the service rendered through electricity measured by each meter shall be computed and billed conjunctively separately in accordance with the provisions hereinabove set forthforth above. Bills for electric energy such amounts shall be rendered to Tenant at such time times as Owner Landlord may elect and the amount, as computed from the meter, shall be, and be paid as, additional rentbut no less frequently than quarterly. Such bills shall The rate to be paid by Tenant within thirty (30) days after the same are rendered and failure to pay for submetered electricity shall be an event of defaultinclude any taxes or other charges in connection therewith. If any tax is imposed upon Owner's Landlord’s receipts from the sale or resale of electric current electricity to Tenant by any federal, state or municipal authorityTenant, Tenant agrees that where shall reimburse Landlord for such tax, if and to the extent permitted by law. For any period during which such meter or meters are not installed or are not operational in the Premises (excluding any intentional disconnection of the meter in bad faith by Landlord or any party acting on Landlord’s behalf), Tenant's Percentage of such taxes the monthly Fixed Rent shall be passed on toincreased by $1,630.75 (the “Base Electric Charge”). “Cost Per Kilowatt Hour” shall mean (a) the total cost for electricity incurred by Landlord to service the Building during a particular billing period (including energy charges, demand charges, surcharges, time-of-day charges, fuel adjustment charges, rate adjustment charges, taxes, rebates and included any other factors used by the public utility company in computing its charges to Landlord), divided by (b) the bill xx, and paid total kilowatt hours purchased by Tenant Landlord to Ownerprovide electricity to the Building during such period.

Appears in 1 contract

Samples: Lease Agreement (Salon Media Group Inc)

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Electric Energy. (a) Electric current will be supplied 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 risers, conduits and feeders in the Building, to the demised premises at extent available, suitable and safely capable, to be used for the commencement purpose of transmitting such electric energy to the Demised Premises. Landlord shall not be liable for any failure, inadequacy or defect in the character or supply of electric current furnished to the Demised Premises. If Landlord is permitted by law to provide electric energy to the Demised Premises by re-registering meters or otherwise and to collect any charges for electric energy, Landlord shall have the right to do so, in which event Tenant shall pay to Landlord upon receipt of bills therefor charges for electric energy provided the rates for such electric energy shall not be more than the rates Tenant would be charged for electric energy if furnished directly to Tenant by the public utility which would otherwise have furnished electric energy. Until such separate metering of the term in accordance with electric usage of the provisions of Subparagraph (b) of this Paragraph 46. Except for customary office equipmentDemised Premises is accomplished, Tenant agrees shall pay Landlord One Dollar and Twenty-five Cents ($1.25) per square foot of Floor Space for electric service. 18.02. Tenant's use of electric energy in the Demised Premises shall not at any time exceed the capacity of any of the electrical conductors and equipment in or otherwise serving the Demised Premises. In order to insure that it will make no electrical installationssuch capacity is not exceeded and to avert possible adverse effect upon the Building's electric service, alterationsTenant shall not, additions or changes to electrical equipment or appliances without the Landlord's prior written consent of Owner in each instance, 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 ), connect any fixtures, appliances 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 equipment to the Building's electric distribution system or make any alteration or addition to the electric system of the Demised Premises existing on the Commencement Date. In the event thatShould Landlord grant such consent, in Owner's sole judgment, Tenant's electrical requirements necessitate installation of all additional risers, feeders risers or other proper and necessary equipment, the same equipment required therefor shall be installed provided 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 xx 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 through each meter shall be computed and billed conjunctively in accordance with the provisions hereinabove set forth. Bills for electric energy shall be rendered at such time as Owner may elect Landlord and the amount, as computed from the meter, shall be, and be paid as, additional rent. Such bills cost thereof shall be paid by Tenant within thirty (30) days after the same are rendered and failure to pay shall be an event of default. If any tax is imposed upon Owner's receipts from the sale or resale of electric current to Tenant by any federal, state or municipal authority, Tenant agrees that where permitted by law, Tenant's Percentage of such taxes shall be passed Landlord on to, and included in the bill xx, and paid by Tenant to Ownerdemand.

Appears in 1 contract

Samples: Office Lease (Audible Inc)

Electric Energy. (a1) Electric current will ) Landlord, subject to its ability to obtain the same from its principal supplier and to the needs of Landlord and co-tenants, shall cause the Premises to be supplied with electric current for lighting and power. Landlord shall permit its wires and conduits, (being normal office lighting and duplex receptacles) to the demised premises at the commencement of the term in accordance with the provisions of Subparagraph (b) of this Paragraph 46be used for such purpose. 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 safe capacity of existing electrical wiring on, and supplying the then existing feeders to the Building or the risers or wiring installation serving the demised premisesPremises. Tenant will at all times comply with the rules, regulations, terms Any special wires 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 xx 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 conduits for Tenant's consumptionspecial equipment shall be supplied and installed by Tenant at its expense. Owner covenants and Tenant 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, receive power for the purpose of measuring such consumptionlighting and normal office use from Landlord, the cost of which meter or submeter shall separately measure only Tenant's usage and demand of electric energy (except will be included in the case of a subletting of a portion Operating Expenses of the demised premises)Building. Where more than one meter measures the service Should Tenant require power in excess of that required for a normal office operation, Tenant agrees to Tenant, the service rendered through each meter pay for such additional power and such amount shall be computed collectible as rent. The amount shall be payable by Tenant monthly, and billed conjunctively shall be calculated in such a manner that it shall not exceed the amount that would have been payable for the said electricity had Tenant been charged directly for the electricity at the rate fixed by the authority providing the same. The charge to Tenant for this electricity may vary from time to time in accordance with changes in the provisions hereinabove set forthrate charged to Landlord. Bills for electric energy Any rental so collected will be credited to the total light and power expense of the Building prior to determining a Tenant's Proportion of Operating Expenses. The cost of any required sub-meters and the installation thereof shall be rendered at such time as Owner may elect and the amount, as computed from the meter, shall be, and be paid as, additional rentTenant's expense. Such bills The obligation of Landlord hereunder shall be paid by Tenant within thirty (30) days after subject to any rules or regulations to the same are rendered and failure to pay shall be an event contrary of default. If the authority providing electricity or any tax is imposed upon Owner's receipts from the sale other municipal or resale of electric current to Tenant by any federal, state or municipal governmental authority, Tenant agrees that where permitted by law, Tenant's Percentage of such taxes shall be passed on to, and included in the bill xx, and paid by Tenant to Owner.

Appears in 1 contract

Samples: Net Lease (Biologix Hair Inc.)

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