the Original Lease. Landlord shall install a meter, at Tenant’s expense, to measure Tenant’s consumption of electricity in the Storage Premises, which meter shall be installed and maintained by Landlord at Tenant’s expense. Landlord shall install the aforesaid meter within thirty (30) days after Tenant’s request that Landlord install the same. Bills for such amounts shall be rendered to Tenant at such times as Landlord may elect (but not more frequently than monthly). For any period during which such meter is not installed or is not operational in the Storage Premises, the monthly Fixed Rent in respect of the Additional Premises shall be increased by an amount equal to the product of (A) *****, subject to adjustment for any increases in electric rates or taxes, and (B) the number of rentable square feet in the Additional Premises.
Appears in 3 contracts
Samples: Lease (MSG Spinco, Inc.), Lease (Madison Square Garden, Inc.), Lease (Madison Square Garden, Inc.)
the Original Lease. Landlord shall install a meter, at Tenant’s expense, to measure Tenant’s consumption of electricity in the Storage Premises, which meter shall be installed and maintained by Landlord at Tenant’s expense. Landlord shall install the aforesaid meter within thirty (30) days after Tenant’s request that Landlord install the same. Bills for such amounts shall be rendered to Tenant at such times as Landlord may elect (but not more frequently than monthly). For any period during which such meter is not installed or is not operational in the Storage Premises, the monthly Fixed Rent in respect of the Additional Premises shall be increased by an amount equal to the product of (A) [*****], subject to adjustment for any increases in electric rates or taxes, and (B) the number of rentable square feet in the Additional Premises.
Appears in 2 contracts
Samples: Lease (MSG Entertainment Spinco, Inc.), Lease (MSG Entertainment Spinco, Inc.)
the Original Lease. Landlord shall install a meter, at Tenant’s expense, to measure Tenant’s consumption of electricity in the Storage Premises, which meter shall be installed and maintained by Landlord at Tenant’s expense. Landlord shall install the aforesaid meter within thirty (30) days after TenantXxxxxx’s request that Landlord install the same. Bills for such amounts shall be rendered to Tenant at such times as Landlord may elect (but not more frequently than monthly). For any period during which such meter is not installed or is not operational in the Storage Premises, the monthly Fixed Rent in respect of the Additional Premises shall be increased by an amount equal to the product of (A) [*****], subject to adjustment for any increases in electric rates or taxes, and (B) the number of rentable square feet in the Additional Premises.
Appears in 1 contract
Samples: Lease (MSGE Spinco, Inc.)