Electricity Costs Sample Clauses
The Electricity Costs clause defines which party is responsible for paying the expenses associated with electricity usage at a property or for a particular service. Typically, this clause specifies whether the landlord, tenant, or another party will cover the cost of electricity, and may outline how charges are calculated or billed, such as through direct metering or allocation based on usage. Its core function is to clearly allocate financial responsibility for electricity, preventing disputes and ensuring all parties understand their obligations regarding utility payments.
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Electricity Costs. Commencing on the Third Amendment Commencement Date, Landlord covenants and agrees to furnish building standard electrical service to the Premises sufficient to operate customary lighting, office machines and other equipment of similar low electrical consumption which shall be charged to Tenant pursuant to Section 4 of this Third Amendment of the Lease. Tenant covenants and agrees to pay Landlord estimated monthly electricity costs (“Electricity Costs”) as part of Additional Rent in addition to Base Rent. “Electricity Costs” shall mean the costs of all electricity used within the Premises and on or at the Property, together with any taxes and any maintenance charges thereon.
Electricity Costs. The District shall continue to pay 100% of the cost of PG&E meter #1005391982 as billed for the common area irrigation timers.
Electricity Costs. Electricity Costs" shall mean the costs of all electricity used on or at the Project, together with any taxesa nd any maintenance charges thereon. On the first day of each calendar month during the Lease Term, Tenant agrees to reimburse Landlord for Tenant's Proportionate Share of the monthly Electricity Costs pursuant to invoices sent to Tenant from Landlord. The initial monthly Electricity Costs invoices shall be based on Tenant's Proportionate Share of estimated Electricity Costs as reasonably determined by Landlord and shall be increased or decreased by Landlord to reflect the actual Electricity Costs. If for any time period in question the Building is less than 95% occupied, for purposes of determining Tenant's Proportionate Share of Electricity Costs, Landlord may increase those elements of Electricity Costs that vary based primarily on the occupancy rate of the Building, as though the Building were 95% occupied. The Electricity Costs payments due from Tenant shall be adjusted by Landlord to the amount that Landlord reasonably believes they would have been if 95% of the Rentable Area of the Building had been occupied. In addition, Tenant shall, within 30 days of receipt of an invoice from Landlord, pay for any extraordinary or after Normal Business Hours use of Electricity Costs as requested by Tenant and as reasonably determined by Landlord.
Electricity Costs. Alyangula
Electricity Costs. Electricity Costs" shall mean the costs ----------------- incurred by Landlord for (i) electricity utilized in connection with the operation, maintenance, and use of the Project, and (ii) sales, use, excise and other taxes assessed by governmental authorities on electricity.
Electricity Costs. Annual electricity charges for the LVT unit will be calculated based design electricity usage, anticipated onstream time, and estimated electricity costs per kwh. Each month, ** of these costs will be charged to the LVT unit. At the end of the year, these costs will be adjusted retroactively to reflect the actual onstream time and actual electricity costs, as shown in bold. Electricity cost per kwh is to be based on the total refinery electricity cost including facility charges and taxes, excluding the E▇▇▇ discount. Per the LVT Design, design electricity usage is ** kwh/day based on a ** BPD feed rate. Annual Electricity Costs = ** kwh * 24 hr/day * 365 day/year * onstream factor * $/kwh Annual Electricity Costs = ** kwh/yr * onstream factor * $/kwh
Electricity Costs. In addition to any other sums required to be paid by Tenant under this Lease, Tenant shall: (i) reimburse Landlord for all costs of providing electricity to the Premises within thirty (30) days of invoice (the “Electrical Charge”); and (ii) pay Tenant’s Proportionate Share of the costs of providing electricity to the Common Areas as part of Operating Costs, which amounts shall be payable as set forth in Exhibit C. With respect OFFICE LEASE AGREEMENT CentrePort/Radiant Systems, Inc. 6 to the foregoing, the Electrical Charge shall be limited only to the actual amount charged by the utility provider to Landlord. For the period prior to the earlier of Tenant’s occupancy of the Must Take Space or the Must Take Space Commencement Date, an amount equal to $400.00 shall be deducted each month from the Electrical Charge to offset the additional costs that are estimated to occur because no demising wall separates the Initial Premises and the Must Take Space. Landlord and Tenant agree that $400.00 is a good faith estimate of such costs, and such costs shall not be modified or prorated.
Electricity Costs. As provided in Section 13.1.1 of the Original Lease, Subtenant shall pay Sublandlord monthly Electricity Costs attributable to the Subleased Premises which amount shall be determined in accordance with the Master Lease.
Electricity Costs. The Tenant covenants to pay to the Landlord as Additional Rent, the cost of electric current supplied to the Leased Premises, but not including the cost of electric current included in Operating Costs, as defined. The Tenant further covenants to pay to the Landlord the total cost of any replacement of electric light bulbs, tubes and ballasts in the Leased Premises to replace those installed at the commencement of the Term. The Landlord may adopt a system of re-▇▇▇▇▇▇▇ and re-ballasting periodically on a group basis in accordance with good practise in this regard and the Tenant shall pay the actual cost, including parts and labour.
Electricity Costs. In addition to Basic Rental and any other amounts to be paid by Tenant to Landlord under this Lease, Tenant will pay to Landlord, concurrently with each monthly installment of Basic Rental, Tenant’s Share (as hereinafter defined) of all electricity (including the cost of electricity for Landlord to provide HVAC) used by the Building (“Electricity Costs”) the prior month. The term “Tenant’s Share” shall mean Tenant’s ProRata Share adjusted as reasonably determined by Landlord to (aa) compensate for the first and final months of the Lease term and or (bb) reflect any disproportionate utility requirements of any occupant or tenant of the Building; provided, however, that in the event the Premises are ever separately metered, Tenant shall directly pay for Electricity Costs as so metered for the Premises and shall have no further obligation to pay any other Electricity Costs, other than Tenant’s Share of Electricity Costs attributable to the Common Area as reasonably determined by Landlord. Landlord shall use commercially reasonable efforts to cause any tenants of the Building whose equipment consumes a disproportionate amount of electricity (relative to other tenants in the Building) to pay their fair share of Electrical Costs.