Common use of Power/ Electricity and Power back-up Charges Clause in Contracts

Power/ Electricity and Power back-up Charges. THE LESSEE shall pay by due date the bills for consumption of power/ electricity in the Demised Premises as recorded in the meters or as demanded by THE LESSOR or its nominees or assigns. The power/electricity for the Demised Premises during interior works/lease tenure shall be supplied from Grid/ Utility Companies. However, in case of non availability of power/ electricity from grid/utility companies, THE LESSOR shall provide THE LESSEE with back up power from their diesel/gas based generators. The charges for such power/ electricity and back-up power will be as per Annexure XI (a). A separate meter for recording power/ electricity consumption in the Demised Premises shall be provided by THE LESSOR for the supply of power/ electricity from normal grid/utility companies subject to availability of such power/ electricity. The cost of such meter shall be borne by THE LESSEE. A separate meter shall be provided by THE LESSOR for recording consumption of power in the Demised Premises supplied through the back-up power. The cost of such meter shall be borne by THE LESSEE.

Appears in 1 contract

Samples: Lease Deed (Virtusa Corp)

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Power/ Electricity and Power back-up Charges. THE LESSEE shall pay by due date the bills for consumption of power/ electricity in the Demised Premises as recorded in the meters or as demanded by THE LESSOR or its nominees or assignsassigns including DLF Utilities Limited (“DUL”). The power/electricity for the Demised Premises during interior works/lease tenure shall be supplied from Grid/ Grid/Utility Companies. However, in case of non availability of power/ electricity from grid/utility companies, THE LESSOR shall provide THE LESSEE with back up power from their diesel/gas based generators. The charges for such power/ electricity and back-up power will be as per Annexure XI (a). A separate meter for recording power/ electricity consumption in the Demised Premises shall be provided by THE LESSOR for the supply of power/ electricity from normal grid/utility companies subject to availability of such power/ electricity. The cost of such meter shall be borne by THE LESSEE. A separate meter shall be provided by THE LESSOR for recording consumption of power in the Demised Premises supplied through the back-up power. The cost of such meter shall be borne by THE LESSEE.

Appears in 1 contract

Samples: Lease Deed (Cvent Inc)

Power/ Electricity and Power back-up Charges. THE LESSEE shall pay by due date the bills for consumption of power/ electricity in the Demised Premises of the respective phases as recorded in the meters or as demanded by THE LESSOR or its nominees or assigns. The power/electricity for the Demised Premises during interior works/lease tenure shall be supplied from Grid/ Utility Companies. However, in case of non availability of power/ electricity from grid/utility companies, THE LESSOR shall provide THE LESSEE with back up power from their diesel/gas based generators. The charges for such power/ electricity and back-up power will be as per Annexure XI (a). A separate meter for recording power/ electricity consumption in the Demised Premises shall be provided by THE LESSOR for the supply of power/ electricity from normal grid/utility companies subject to availability of such power/ electricity. The cost of such meter shall be borne by THE LESSEE. A separate meter shall be provided by THE LESSOR for recording consumption of power in the Demised Premises supplied through the back-up power. The cost of such meter shall be borne by THE LESSEE. A separate meter shall be provided by THE LESSOR for recording consumption of power for the AHU(s) for the Demised Premises, supplied through grid/ utilities companies/ back-up power. The cost of such meter shall be borne by THE LESSEE.

Appears in 1 contract

Samples: Lease Deed (Virtusa Corp)

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Power/ Electricity and Power back-up Charges. THE LESSEE shall pay by due date the bills for consumption of power/ electricity in the Demised Premises as recorded in the meters or as demanded by THE LESSOR or its nominees or assignsassigns including DLF Utilities Limited (“DUL”). The power/power/ electricity for the Demised Premises during interior works/lease tenure shall be supplied from Grid/ Grid/Utility Companies. However, in case of non availability of power/ electricity from grid/utility companies, THE LESSOR shall provide THE LESSEE with back back-up power from their diesel/gas based generators. The charges for such power/ electricity and back-back- up power will be as per Annexure XI X (a). A separate meter for recording power/ electricity consumption in the Demised Premises shall be has already been provided by THE LESSOR for the supply of power/ electricity from normal grid/utility companies subject to availability of such power/ electricity. The cost of such meter shall be borne by THE LESSEE. A separate meter shall be has already been provided by THE LESSOR for recording consumption of power in the Demised Premises supplied through the back-up power. The cost of such meter shall be borne by THE LESSEE.

Appears in 1 contract

Samples: Lease Deed (Cvent Inc)

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