Common use of Use of Electrical Services by Tenant Clause in Contracts

Use of Electrical Services by Tenant. Tenant’s use of electrical services furnished by Landlord shall be subject to the following: (a) Landlord agrees to furnish to the Premises five (5) xxxxx of electric current, connected load, per square foot of Usable Area during Normal Business Hours within the Premises on an annualized basis for normal lighting, normal fractional horsepower office machines, and HVAC as required in Landlord’s judgment for the use and occupation of the Premises. (b) In the event that Tenant requires or uses more electric power than specified in Section 13(a) above, Landlord may, at Landlord’s option, require Tenant to pay the cost as reasonably determined by Landlord of such extraordinary usage as Additional Rent. In addition, Landlord may install checkmeters in or for the Premises, at Tenant’s sole cost and expense, and Tenant shall thereafter pay all charges of the utility company providing electric service and Landlord shall make an appropriate adjustment to Tenant’s obligation to pay a proportionate share of the Operating Expenses to account for the fact that Tenant is directly paying such metered charges.

Appears in 2 contracts

Samples: Lease Agreement (CardioVascular BioTherapeutics, Inc.), Lease Agreement (Elixir Gaming Technologies, Inc.)

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Use of Electrical Services by Tenant. Tenant’s 's use of electrical services furnished by Landlord shall be subject to the following: (a) Landlord agrees to furnish to the Premises Premises, at no extra cost to Tenant but as an Operating Expense, five (5) xxxxx of wattx xx electric current, connected load, per square foot of Usable Area during Normal Business Hours within the Premises on an annualized basis for normal lighting, normal fractional horsepower office machines, and HVAC as required in Landlord’s 's judgment for the use and occupation of the Premises. (b) In the event that Tenant requires or uses more electric power than specified in Section 13(a) above, Landlord may, at Landlord’s 's option, require Tenant to pay the cost as reasonably determined by Landlord of such extraordinary usage as Additional Rent. In addition, Landlord may install checkmeters in or for the Premises, at Tenant’s 's sole cost and expense, and Tenant tenant shall thereafter pay all charges of the utility company providing electric service and Landlord shall make an appropriate adjustment to Tenant’s 's obligation to pay a proportionate share of the Operating Expenses to account for the fact that Tenant is directly paying such metered charges.

Appears in 1 contract

Samples: Lease Agreement (Integrated Information Systems Inc)

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Use of Electrical Services by Tenant. Tenant’s use of electrical services furnished by Landlord shall be subject to the following: (a) Landlord agrees to furnish to the Premises five (5) xxxxx wxxxx of electric current, connected load, per square foot of Usable Area during Normal Business Hours within the Premises on an annualized basis for normal lighting, normal fractional horsepower office machines, and HVAC as required in Landlord’s judgment for the use and occupation of the Premises. (b) In the event that Tenant requires or uses more electric power than specified in Section 13(a) above, Landlord may, at Landlord’s option, require Tenant to pay the cost as reasonably determined by Landlord of such extraordinary usage as Additional Rent. In addition, Landlord may install checkmeters in or for the Premises, at Tenant’s sole cost and expense, and Tenant shall thereafter pay all charges of the utility company providing electric service and Landlord shall make an appropriate adjustment to Tenant’s obligation to pay a proportionate share of the Operating Expenses to account for the fact that Tenant is directly paying such metered charges.

Appears in 1 contract

Samples: Lease Agreement (Vendingdata Corp)

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