Delivery Portion definition
Examples of Delivery Portion in a sentence
Notwithstanding the foregoing, amounts of Contract Capacity, Storage Capacity, Contract Energy, Storage Energy, and Other Electric Products shall be rounded in accordance with the rounding methodology utilized by the Balancing Authorit(y)(ies) applicable to the Delivery Portion for settlement purposes.
Notwithstanding the foregoing, if the Balancing Authorit(y)(ies) applicable to the Delivery Portion utilize a rounding methodology for settlement purposes other than the one set forth above, amounts of Contract Capacity, Contract Energy and Other Electric Products pursuant to this Agreement shall be rounded in accordance with the rounding methodology utilized by such Balancing Authorit(y)(ies) from time to time for settlement purposes.
Sub-Sublandlord and Sub-Subtenant shall jointly determine the rentable square feet of any Delivery Portion and the Premises, subject to the agreed determinations of the rentable square feet of the Complete Premises and certain portions thereof as set forth in Section 2.1. Following the request of either Party, the Parties agree to promptly execute and deliver a written confirmation documenting the rentable square feet of each Delivery Portion and the Premises.
As used in this Sub-Sublease, at any time the “Premises” shall mean each Delivery Portion (as defined below) that Sub-Sublandlord shall have then delivered to Sub-Subtenant.
Such Sub-Sublease Accounting shall include an equitable adjustment of the actual Building Operating Expenses to reflect, with respect to preceding calendar year, the delivery by Sub-Sublandlord to Sub-Subtenant of any Delivery Portion during such calendar year and the increase in the Proportional Share of Building Operating Expenses in connection therewith.
Sub-Sublandlord shall equitably adjust the Accounting, with respect to the period to which the Accounting relates, to reflect the delivery by Sub-Sublandlord to Sub-Subtenant of any Delivery Portion during such period and the increase in the Proportional Share of Operating Expenses in connection therewith.
In the event of a partial rental month as a result of a Rent Commencement Date occurring on a day other than the first (1st) day of a calendar month, Base Rent with respect to the Delivery Portion to which such Rent Commencement Date relates shall be prorated on the basis of the number of actual days in such month.
As used in this Sub-Sublease, “Delivery Date” shall mean each date on which Sub-Sublandlord delivers a Delivery Portion to Sub-Subtenant.
Sub-Subtenant’s obligation to pay Base Rent, Operating Expenses and Building Operating Expenses under this Sub-Sublease shall commence, with respect to any Delivery Portion, on the Delivery Date with respect to such Delivery Portion (each, a “Rent Commencement Date”).
During the Term, Sub-Subtenant shall have the right to use the furniture that is located within the Fourth Floor Premises as of the Delivery Date with respect to the first Delivery Portion thereof (the “Leased Furniture”).