Options to Increase Available Power Sample Clauses
The "Options to Increase Available Power" clause defines the mechanisms by which a party, typically the customer, can request and secure additional electrical power capacity beyond the initially agreed amount. This clause outlines the procedures for making such requests, any limitations or conditions that apply, and the timeline for implementation, such as requiring advance notice or specifying maximum increments. Its core practical function is to provide flexibility for future growth or changing operational needs, ensuring that the customer can adapt to increased power demands without renegotiating the entire agreement.
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Options to Increase Available Power. Provided that Tenant is not in default under this Lease beyond any applicable notice and cure periods, Tenant may request Landlord to further increase the electrical power available to the Premises, in increments from 6.01 MW up to a maximum of 12.0 MW, by giving written notice to Landlord of the requested increase. Landlord, at Landlord's expense, agrees to provide additional 12.5kV electrical transforming equipment to increase the electrical power available for Tenant's use by the additional MW requested by Tenant. The parties shall execute an amendment to this Lease for the purpose of evidencing the addition of such power to this Lease. Effective as of the date the additional power is made available to Tenant, Base Rent will increase by an amount equivalent to the additional MW requested by Tenant multiplied by $55.12/kW: