Building Condenser Water Clause Samples

Building Condenser Water. Pursuant to rules and regulations reasonably determined by Landlord, Tenant shall be entitled to use the Project’s condenser water system for Tenant’s supplemental HVAC system; provided, however, that Tenant shall be responsible, at Tenant’s sole cost, for any necessary system upgrade costs necessary for use of such condenser water system, which upgrades may be performed by Tenant as an initial Improvement (subject to the terms of the Tenant Work Letter) or as a subsequent Alteration (subject to the terms of Article 9 above). If Tenant utilizes the Project’s condenser water system, Tenant shall be responsible, as Additional Rent, for usage in excess of thirty-four (34) tons per year, which charge shall be $50.00 per excess ton per year for the first Lease Year and which rate shall increase by three percent (3%) for each Lease Year after the first Lease Year. Landlord shall ensure that at least thirty-four (34) tons are available to Tenant each year.