Electrical Costs. Tenant shall pay to Landlord an amount equal to the product of (1) the cost of all electricity used by the Project (“Electrical Costs”), multiplied by (2) Tenant’s Proportionate Share. Such amount shall be payable monthly based on Landlord’s reasonable estimate of the amount due for each month, and shall be due on the Commencement Date and on the first day of each calendar month thereafter.
Appears in 2 contracts
Samples: Lease Agreement (Realpage Inc), Lease Agreement (ReachLocal Inc)
Electrical Costs. Tenant shall pay to Landlord an amount equal to the product of (1) the cost of all electricity used by the Project (“"Electrical Costs”"), multiplied by (2) Tenant’s 's Proportionate Share. Such amount shall be payable monthly based on Landlord’s 's reasonable estimate of the amount due for each month, and shall be due on the Commencement Date and on the first day of each calendar month thereafter.
Appears in 2 contracts
Samples: Lease Agreement (Catalog Com Inc), Lease Agreement (Catalog Com Inc)
Electrical Costs. Tenant shall pay to Landlord an amount equal to the product of (1) the cost of all electricity used by the Project (“Electrical Costs”), multiplied by (2) Tenant’s Proportionate Share. Such amount shall be payable monthly based on Landlord’s reasonable estimate of the amount due for each month, and shall be due on the Commencement Date and on the first day of each calendar month thereafter.
Appears in 1 contract
Samples: Lease Agreement (ReachLocal Inc)
