Examples of Electrical Consumption Fee in a sentence
Licensor has the right to audit Licensee’s Equipment at any time to ensure that the Licensee’s power consumption is in accordance with its estimated electrical load calculation and may adjust the Electrical Consumption Fee charged in accordance with such audit.
The Licensor shall estimate, acting reasonably, the annual amount of the Electrical Consumption Fee and deliver details of same to the Licensee on or prior to sixty (60) days in advance of the each annual anniversary of the Commencement Date.
If the electrical load calculation indicates that Licensee’s Equipment does not consume hydro, then the Electrical Consumption Fee may be waived by the Licensor, at its sole discretion.