Cost per Kilowatt Hour means the total cost for electricity incurred by Landlord to service the Building during a particular time period (including all applicable surcharges, and energy, fuel adjustment and time of day charges (if any), taxes and other sums payable in respect thereof) divided by the total kilowatt hours purchased by Landlord during such period.
Cost per Kilowatt Hour means the total cost payable by Landlord to the utility providing electricity to the Center during a particular billing period, including energy charges, demand charges, surcharges, time-of-day charges, fuel adjustment charges, rate adjustment charges, taxes, including sales taxes, (regardless of whether included in the utility company’s charges or paid separately by Landlord), rebates and any other factors used by the utility company in computing its charges to Landlord, divided by the total kilowatt hours purchased by Landlord to provide electricity to the Center during such period. If any tax is imposed upon Landlord’s receipts from the sale or resale of electricity to Tenant, Tenant shall reimburse Landlord for such tax, if and to the extent permitted by law and to the extent attributable to Tenant’s usage. Landlord shall install a meter, at Tenant’s expense, to measure Tenant’s consumption of electricity in the Ancillary Space, which meter shall be maintained by Landlord at Tenant’s expense. 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 or meters are not installed or are not operational in the Ancillary Space, the monthly Fixed Rent with respect to the Ancillary Space shall be increased by an amount equal to the product of *****, subject to adjustment for any increases in electric rates or taxes, and (B) the number of rentable square feet in the applicable portion of the Ancillary Space. Tenant shall have the right at reasonable times and upon reasonable notice to audit such of Landlord’s records as may be directly applicable to the computation of Tenant’s electricity charges at Landlord’s offices by a reputable, independent accounting firm, provided Tenant and such firm agree to keep such firm’s findings confidential in accordance with a confidentiality agreement reasonably satisfactory to Landlord.
Cost per Kilowatt Hour means the total cost for electricity incurred by Lessor to service the Building during a particular time period (including all applicable surcharges, and energy, fuel adjustment and time of day charges (if any), taxes and other sums payable in respect thereof) divided by the total kilowatt hours purchased by Lessor during such period.
Examples of Cost per Kilowatt Hour in a sentence
If the value of such electricity (applying the Electric Rate to Tenant's usage) exceeds the Electric Rent, Landlord shall furnish a copy of said survey to Tenant and Landlord shall adjust the Electric Rent and fixed rent in -28- 29 accordance with the survey and the Electric Rate, or Cost per Kilowatt and Cost per Kilowatt Hour in effect on the date hereof, as adjusted in accordance with Section 21.02 (iii) below.
Except as set forth in the foregoing clause (z), Landlord will not charge Tenant more than the Electric Rate or, at Landlord's election, the Cost per Kilowatt and Cost per Kilowatt Hour for the electricity provided pursuant to this paragraph.
Except as set forth in the foregoing clause (z), Landlord will not charge Tenant more than the Electric Rate or, at Landlord’s election, the Cost per Kilowatt and Cost per Kilowatt Hour for the electricity provided pursuant to this paragraph.
Except as set forth in the foregoing clause (z), Landlord will not charge Tenant more than the Electric Rate or, at Landlord's election, the Cost per Xxxxxxxx and Cost per Kilowatt Hour for the electricity provided pursuant to this paragraph.
The cost of electric current which is supplied by Landlord for use by Tenant in the Premises, other than for heating or air conditioning purposes, will be reimbursed to Landlord at the then effective Cost per Kilowatt Hour.
More Definitions of Cost per Kilowatt Hour
Cost per Kilowatt Hour means the total cost for electricity incurred by Landlord to service the demised premises, as measured by the meter servicing that portion of the Building in which the demised premises are located, during a particular time period (including all applicable surcharges, demand charges, energy charges, fuel adjustment charges, time of day charges, taxes and other sums payable in respect thereof) divided by the total kilowatt hours purchased by Landlord during such period.
Cost per Kilowatt Hour means the total cost for electricity incurred by Landlord to service the demised premises, as measured by the meter servicing that portion of the Building in which the demised premises are located, during a particular time period (including all applicable surcharges, demand charges, energy charges, fuel adjustment charges, time of day charges, taxes and other sums payable in respect thereof) divided by the total kilowatt hours purchased by Landlord during such period. 34 (b) Electricity shall be supplied by Landlord to service the demised premises and Tenant shall pay to Landlord, as additional rent, an amount determined by applying the Cost per Kilowatt hour to Tenant's consumption of and demand for electricity within the demised premises as recorded on the submeter or submeters servicing the demised premises. Where more than one meter measures the electric service to Tenant, the electric service rendered through each meter shall be computed and billed separately in accordance with the provisions hereinafter set forth. Bills for the electricity additional rent shall be rendered to Tenant at such time as Landlord may elect. If any tax is imposed upon Landlord's receipts from the sale of electricity to Tenant by Federal, State or municipal authority, Tenant agrees that, unless prohibited by law, Tenant's proportionate share of such taxes shall be included in the bill xx, and paid by Tenant to, Landlord, as additional rent. Landlord's failure during the term of this Lease to prepare and deliver any statements or bills under this Article 12, or Landlord's failure to make a demand under this Article 12, or any other provisions of this Lease shall not in any way be deemed to be a waiver of, or cause Landlord to forfeit or surrender its rights to collect, any amount of additional rent which may have become due pursuant to this Article 12 during the term of this Lease. The costs incurred by Landlord for meter readings for those meters and sub-meters that measure the electric service supplied to Tenant, and the costs incurred by Landlord in the maintenance of such meters and sub-meters, shall be paid by Tenant on demand, as additional rent. Tenant's liability for any amounts due under this Article 12 shall survive the expiration or sooner termination of this Lease.
Cost per Kilowatt Hour means the total cost for electricity incurred by Landlord to service the Building during a particular time period (including all applicable surcharges, demand charges, energy charges, fuel adjustment charges, time-of-day charges, rate adjustment charges, taxes and other factors used by the public utility in computing its charges to Landlord and other sums payable in respect thereof) divided by the total kilowatt hours consumed at the Building during such period. The Cost per Kilowatt Hour shall be increased or decreased, as the case may be, to take into account any special rate programs which are applicable specifically to Tenant or to other tenants in the Building, as opposed to those rate programs which are applicable to tenants in the Building, generally.
Cost per Kilowatt Hour means (a) the total cost for electricity incurred by Landlord to service the Building during a particular billing period (including energy charges, demand charges, all applicable surcharges, time-of-day charges, fuel adjustment charges, rate adjustment charges, taxes, rebates and any other factors used by the public utility company in computing its charges to Landlord) or, if electricity is provided by any electricity generation system owned and operated by Landlord, an amount equal to the total cost which would have been incurred by Landlord had Landlord purchased the electricity generated by Landlord during a particular billing period from a public utility company, divided by (b) the total kilowatt hours purchased (or generated, as the case may be) by Landlord during such period.
Cost per Kilowatt Hour means the total actual cost incurred by Landlord to provide electricity to the Building during a particular billing period, including energy charges, demand charges, delivery charges, commodity charges, surcharges, time-of-day charges, fuel adjustment charges, rate adjustment charges, taxes (regardless of whether included in the utility company’s charges or paid separately by Landlord), rebates, discounts and any other factors used by the utility company in computing its charges to Landlord, divided by the total kilowatt hours purchased by Landlord to provide electricity to the Building during such period. In addition, Tenant shall pay to Landlord, as Additional Rent the sum of (such sum being herein referred to as the “Additional Amount”) (A) the actual fees and expenses of Landlord’s third-party electrical contractor for services rendered by such contractor in the maintenance, repair and reading of the submeter(s) serving the Premises (including the Roof Installations) and the billing of electricity (which fees and expenses shall not be included in Operating Expenses), and (B) the amount of any taxes specifically imposed by any Governmental Authority on Landlord’s receipts from the sale or resale of electricity to Tenant. Where more than one submeter measures the consumption of electric service, the electric service rendered through each submeter shall be computed and billed conjunctively in accordance with the provisions hereinabove set forth. Bills for such amounts, subject to the provisions of Section 16.11, shall be rendered to Tenant at such times as Landlord may elect, but not more often than monthly. 115
Cost per Kilowatt Hour means the total cost incurred by Sublessor to provide electricity to the Subleased Premises during a particular billing period, including energy charges, demand charges, surcharges, time-of-day charges, fuel adjustment charges, rate adjustment charges, taxes, rebates and any other factors used by the utility company in computing its charges to Sublessor, divided by the total kilowatt hours purchased by Sublessor to provide electricity to the Subleased Premises during such period. If any tax (other than an income or similar tax) is imposed upon Sublessor's receipts from the sale or resale of electricity to Sublessor, Sublessee shall reimburse Sublessor for such tax, if and to the extent permitted by law. Prior to Sublessor's delivery of the Subleased Premises, Sublessor shall install a meter or meters, at Sublessor's expense, to measure Sublessee's consumption of electricity in the Premises, which meter or meters shall be maintained by Sublessor at Sublessee's expense. Where more than one meter measures Sublessee's consumption of electricity in the Subleased Premises, the electricity measured by each meter shall either be computed and billed separately or aggregated in accordance with the provisions set forth above. Backup power from Sublessor's emergency generator system will be made available to the IDF closets within the Subleased Premises, but only for equipment typically found in an IDF closet.
Cost per Kilowatt Hour means the total actual cost incurred by Landlord to provide electricity to the Building during a particular billing period, including energy charges, demand charges, surcharges, time-of-day charges, fuel adjustment charges, rate adjustment charges, taxes (regardless of whether included in the utility company’s charges or paid separately by Landlord), rebates and any other factors used by the utility company in computing its charges to Landlord, divided by the total kilowatt hours purchased by Landlord to provide electricity to the Building during such period. In addition, Tenant shall pay to Landlord, as Additional Rent (A) the fees and expenses of Landlord’s electrical contractor for services rendered by such contractor in the maintenance and repair of such submeter(s), and (B) the amount of any taxes imposed by any Governmental Authority on Landlord’s receipts from the sale of electricity to Tenant. If at any time during the Term the cost elements comprising the Cost Per Kilowatt Hour shall be increased by the Electricity Provider, or the Cost Per Kilowatt Hour shall be increased for any other reason, then effective as of the date of such increase, Tenant’s payment for submetered electricity under this Section 10.1 shall be proportionately increased. Landlord reserves the right to contract with different Electricity Providers from time to time in its sole judgment, and without reference to whether any Electricity Provider selected by Landlord provides lower rates than any other electricity supplier.