Condenser Water Charge definition

Condenser Water Charge shall be as defined in Section 5.1.1.
Sample 1Sample 2Sample 3
Condenser Water Charge is One Thousand Two Hundred Fifty Dollars ($1,250) per ton of cooling capacity, per annum. Landlord shall have the right to increase the Condenser Water Charge from time to time based on Landlord's increased costs and expenses with respect to supplying condenser water to the System.
Sample 1
Condenser Water Charge means $0.36 per ton per hour as measured by the BTU Meter (the "CONDENSER WATER RATE"), subject to increase from time to time, effective on January 1, 2000 and on each January 1 thereafter (each such January 1st being hereinafter referred to as a "CPI INCREASE EFFECTIVE DATE"), by the percentage increase in the then Price Index for the average monthly Price Index for the twelve (12) month period ending with the November immediately preceding the CPI Increase Effective Date in question, above the Base Price Index (as such terms are hereinafter defined). Tenant shall not be obligated to pay any increases in the Condenser Water Rate until it has received written notice thereof (a "CPI NOTICE"). Each CPI Notice sent by Landlord, from time to time, shall be effective for each increase in the Condenser Water Rate. Tenant shall pay to Landlord, together with the next monthly installment of the Condenser Water Payment, as increased by the most recent CPI Notice, the amount of all such increases for which Tenant has not been billed retroactive to the date of the increase in the Price Index as provided in such CPI Notice. Until a CPI Notice is given to Tenant, the monthly installments of the Condenser Water Charge shall be based on the Condenser Water Rate reflected in the most recent CPI Notice.
Sample 1

Examples of Condenser Water Charge in a sentence

  • On January 1, 2001, and on each January 1 thereafter throughout the Term of the applicable Lease, the Condenser Water Charge will increase by two and one-half (2 1/2%) percent of the Condenser Water Charge in effect on the immediately preceding day.

  • Tenant shall pay to Landlord, as Additional Rent, the Condenser Water Charge for condenser water supplied by Landlord pursuant to Section 5.1.1, the Overtime HVAC Charge for the Overtime HVAC service provided by Landlord pursuant to Section 5.1.2, and all charges for electricity supplied by Landlord to the Premises, if any (which may include electricity for ventilation and cooling, including reheat coils, fan boxes, compressors and refrigerating units serving the Premises).

  • The Condenser Water Charge shall be paid in twelve (12) equal monthly installments, on the first day of each month during the Term, as additional rent.

  • The Condenser Water Charge shall be paid in twelve (12) equal monthly installments, on the first day of each month during the Term of the Existing 9th Floor Lease, as additional rent.

  • Landlord shall read the elapsed time meter for the Supplementary System (which meter shall measure only the time of operation of the compressor(s) of the Supplementary System) from time to time and xxxx Tenant an amount equal to the product obtained by multiplying (i) the then-applicable Condenser Water Charge, by (ii) the number of hours of operation of the compressor(s) of the Supplementary System since the prior reading of such meter.

  • The Annual Condenser Water Charge shall be adjusted on January 1, 2013 and on each January 1st of each subsequent year during the Term by the percentage change in the Consumer Price Index for such January over the Consumer Price Index for January, 2012.

  • Tenant shall pay to Landlord, as additional rent, an hourly charge (the "Condenser Water Charge") for furnishing condenser water to the Supplementary System.

  • Tenant shall be required to pay the Condenser Water Charge then charged by Landlord for any Additional Reserved Condenser Water so reserved by Tenant.

  • The Condenser Water Charge shall be paid in twelve (12) equal monthly installments, on the first day of each month during the Term of the Existing 9 th Floor Lease, as additional rent.

  • Thus, as of the date hereof, the aggregate condenser water capacity for the 9th Floor Premises is two hundred seventy (270) tons and the aggregate Condenser Water Charge is $320,944.20 per annum.


More Definitions of Condenser Water Charge

Condenser Water Charge is currently per ton per annum and is subject to increase by Landlord from time to time. The work to install any supplemental or auxiliary HVAC equipment shall be considered to be a Specialty Alteration for all purposes under this Lease and Tenant shall comply with all terms and conditions of this Lease in connection therewith. In connection therewith, Tenant shall provide for Landlord’s prior approval plans and specifications prepared by a licensed engineer for such supplemental or auxiliary HVAC equipment, specifying the amount of condenser water requested in connection therewith.
Sample 1

Related to Condenser Water Charge

  • Water Charges means service charges in respect of the provision of water.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • Stormwater runoff means water flow on the surface of the ground or in storm sewers, resulting from precipitation.

  • Ground water means water below the land surface in a zone of saturation.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Recycled water or “reclaimed water” means treated or recycled waste water of a quality suitable for non-potable uses such as landscape irrigation and water features. This water is not intended for human consumption.

  • Potable water means water that is fit for human consumption.

  • Water Surface Elevation (WSE means the height, in relation to NAVD 1988, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Infrastructure Charge means a Water Infrastructure Charge or a Sewerage Infrastructure Charge;

  • Ballast water means water with its suspended matter taken on board a ship to control trim, list, draught, stability or stresses of the ship.

  • Water utility means a public utility as defined in

  • Sewer means a pipe or conduit for carrying sewage.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Stormwater means water resulting from precipitation (including rain and snow) that runs off the land’s surface, is transmitted to the subsurface, or is captured by separate storm sewers or other sewage or drainage facilities, or conveyed by snow removal equipment.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Installation Charges means those Charges set out in the Order in relation to installation of the Service and/or any Purchased Equipment, Customer Equipment and/or BT Equipment as applicable.

  • Hot water means water at a temperature of 110°F. or higher.

  • Stormwater system means both the constructed and natural facilities, including pipes, culverts, watercourses and their associated floodplains, whether over or under public or privately owned land, used or required for the management, collection, conveyance, temporary storage, control, monitoring, treatment, use and disposal of stormwater;

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Sanitary Sewer Overflow or “SSO” means an overflow, spill, diversion, or release of wastewater from or caused by Akron’s Sanitary Sewer System. This term shall include: 1) discharges to waters of the State or United States from Akron's Sanitary Sewer System; and 2) any release of wastewater from Akron's Sanitary Sewer System to public or private property that does not reach waters of the State or the United States, including Building/Property Backups.

  • Transfer Charge AUL reserves the right to deduct a charge for each transfer transaction pursuant to Section 3.4. This charge would be prorated among the Investment Options from which the amounts are transferred in the same proportion that the amount transferred from the Investment Option bears to the total amount transferred from all Investment Options.

Most Referenced Clauses

Most Referenced Definitions