Month-to-Month Basis. If during a Renewal Period, you receive electric service from Direct Energy on a month-to-month basis as set forth in the Notification, , the rate for electricity will be a variable rate that may be higher or lower each month and will be set in Direct Energy’s sole discretion. Direct Energy typically considers the following factors when setting variable rates:
Month-to-Month Basis. After the Contract Term, the rate for electricity will be a variable rate that may be higher or lower each month and will be set in Sunrise’s sole discretion. Sunrise typically considers the following factors when setting variable rates: - publicly available competitor pricing. - strategic business objectives. - customer retention or attrition. - market volatility or uncertainty. - anticipated customer usage. - the cost of procuring power including wholesale prices, ancillary service costs, capacity auctions, utility fees, transmission and distribution losses and storage costs. - weather, supply congestion and infrastructure issues. - legal or regulatory issues; and - profit margin. This list of factors is not exhaustive, and no single factor will determine the rate. Some factors must be estimated or projected, and the factors Sunrise considers may be weighed differently each month. Sunrise may amortize sudden cost increases over multiple billing cycles so that its customers do not bear the burden of such increases in a single month. In addition, Sunrise seeks to acquire the majority of its anticipated electricity supply in advance rather than from the spot market. For all these reasons, the variable rate may not correlate with changes in wholesale market prices or your local utility’s rates. In addition, the variable rate may be higher than your local utility rate or other suppliers’ rates. Your rate for the first month during such a Renewal Period will be set forth in the Second Options Notification and the Electric Contract Summary provided to you at that time. You may obtain the average monthly rates for the previous twenty four (24) months for Sunrise’s customers in your EDC’s service territory who received service on a variable rate (“Historical Rates”) by calling us at the telephone number set forth in section 17 or by visiting us at our website: xxx.xxxxxxxxxxxxx.xxx. Please note that Historical Rates are not indicative of current or future rates.
Month-to-Month Basis. Beginning August 1, 2024, the Premises shall be leased to Tenant on a month-to-month basis (“Month-to-Month Tenancy”) on the following terms:
4.1 Except as otherwise stated herein, the Month-to-Month Tenancy shall be subject to all the terms and conditions of the Lease notwithstanding the fact that said tenancy shall not constitute an extension of the Term of the Lease.
4.2 During the Month-to-Month Tenancy, Tenant shall at all times use the Premises for the operation of its Business and for no other purpose unless otherwise agreed to by Landlord in writing, in its sole and absolute discretion.
4.3 Nothing contained in this First Amendment shall be construed as consent by Landlord to any holding over of the Premises by Xxxxxx, and Landlord expressly reserves the right to require Tenant to surrender possession of the Premises to Landlord upon thirty (30) days written notice. Tenant covenants and agrees to timely surrender possession of the Premises in a broom clean condition upon Xxxxxxxx’s written demand.
4.4 In the event Tenant fails to timely surrender the Premises upon Xxxxxxxx’s written notice hereby, Xxxxxx agrees to be responsible for all costs, losses, expenses or liabilities (including all reasonable attorney’s fees and costs) arising or related to Xxxxxx’s refusal to quit the Premises, including without limitation, with respect to any unlawful detainer proceeding brought by Landlord against Xxxxxx, and to further indemnify, defend and hold Landlord harmless from all claims made by any successor-in-interest to the Premises, assignee or transferee (or any other successor-in-interest) of the Premises, or any real estate broker providing services in relation to the re-letting or sale of the Premises.
4.5 The Fixed Rent shall be at $7,819.94 for each month during the Month-to- Month Tenancy.
