Common use of ELECTRIC UTILITIES Clause in Contracts

ELECTRIC UTILITIES. The Licensor may estimate, acting reasonably the amount of electricity consumed by the Licensee which amount plus an administration fee of fifteen percent (15%) of the amount shall be paid by the Licensee when it is billed. Alternatively, the Licensee may install a meter at its cost and in that case it will pay for its electricity consumption directly to the utility supplier. The Licensor shall notify the Licensee in advance of any planned utility outages that may interfere with the Licensee’s Equipment use but shall not be responsible for any losses, costs or expenses suffered as a result of any outages whether or not notice of such planned utility outages was provided. The Licensor has no obligation to provide emergency or "backup" power to the Licensee. Any provision of emergency or "backup" power shall be the sole responsibility and cost of the Licensee.

Appears in 2 contracts

Samples: Information Page, Information Page

AutoNDA by SimpleDocs

ELECTRIC UTILITIES. The Licensor may estimate, acting reasonably the amount of electricity consumed by the Licensee which amount plus an administration fee of fifteen percent (15%) of the amount shall be paid by the Licensee when it is billed. Alternatively, the Licensee may install a meter at its cost and in that case it will pay for its electricity consumption directly to the utility supplier. The Licensor shall notify the Licensee in advance of any planned utility outages that may interfere with the Licensee’s 's Equipment use but shall not be responsible for any losses, costs or expenses suffered as a result of any such outages whether or not providing reasonable notice of such planned utility outages was provided. The Licensor has no obligation to provide emergency or "backup" power to the Licensee. Any provision of emergency or "backup" power shall be the sole responsibility and cost of the Licensee.

Appears in 1 contract

Samples: Information Page

AutoNDA by SimpleDocs

ELECTRIC UTILITIES. The Licensor may estimate, acting reasonably the amount of electricity consumed by the Licensee which amount plus an administration fee of fifteen percent (15%) of the amount shall be paid by the Licensee when it is billed. Alternatively, the Licensee may install a meter at its cost and in that case it will pay for its electricity consumption directly to the utility supplier. The Licensor shall notify the Licensee in advance of any planned utility outages that may interfere with the Licensee’s Equipment use but shall not be responsible for any losses, costs or expenses suffered as a result of any such outages whether or not providing reasonable notice of such planned utility outages was provided. The Licensor has no obligation to provide emergency or "backup" power to the Licensee. Any provision of emergency or "backup" power shall be the sole responsibility and cost of the Licensee.

Appears in 1 contract

Samples: Telecommunications License Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!