Condenser Water. (A) Landlord approves, in principle, subject to Tenant’s compliance with all applicable provisions of the Lease, Tenant’s installation of water-cooled supplemental air conditioning systems reasonably acceptable to Landlord (collectively, the “Supplemental System”) located throughout the Premises with a combined capacity of not more than twenty (20) tons. Tenant will retain Alpha Mechanical to construct the Supplemental System and to connect it to the Building’s condenser water riser in accordance with plans approved by Landlord and will pay Alpha Mechanical directly for the cost thereof. There shall be no tap-in charge, but Tenant shall pay to Landlord, upon execution of the contract with Alpha Mechanical, an administrative and supervisory fee equal to five (5%) percent of the amount payable to Alpha Mechanical for its work in connection with the Supplemental System. Subject to all applicable provisions of the Lease (including specifically, but without limitation, Article 27), Landlord agrees to reserve for Tenant’s use the condenser water necessary to operate the Supplemental System. (B) Beginning on January 1, 2001, Tenant shall pay Landlord a charge in the initial amount of $20,000.00 ($1,000.00 per ton) per annum (“Condenser Water Charge”) for condenser water reserved for Tenant’s use pursuant to Section (A)
Appears in 1 contract
Sources: Lease Amendment (Telx Group, Inc.)
Condenser Water. (A) Landlord approves, in principle, subject to Tenant’s compliance with all applicable provisions of the Lease, Tenant’s installation of water-cooled supplemental air conditioning systems reasonably acceptable to Landlord (collectively, the “Supplemental System”) located throughout the Premises demised premises with a combined capacity of not more than twenty one hundred forty (20140) tons. Tenant will retain Alpha Mechanical to construct the Supplemental System and to connect it to the Building’s condenser water riser (in one or more stages) in accordance with plans approved by Landlord and will pay Alpha Mechanical directly for the cost thereof. There shall be no tap-in charge, but Tenant shall pay to Landlord, upon execution of the contract contract(s) with Alpha Mechanical, an administrative and supervisory fee equal to five (5%) percent of the amount payable to Alpha Mechanical for its work in connection with the Supplemental System. Subject to all applicable provisions of the applicable Lease (including specifically, but without limitation, Article 27), Landlord agrees to reserve for Tenant’s use the condenser water necessary to operate the Supplemental System.
(B) Beginning on January October 1, 20012000, Tenant shall pay Landlord a charge in the initial amount of $20,000.00 ($1,000.00 per ton) ton per annum (“Condenser Water Charge”) for the first twenty (20) tons of condenser water capacity reserved for Tenant’s use pursuant to Section (A)
Appears in 1 contract
Sources: Lease Amendment (Telx Group, Inc.)
Condenser Water. (A) Landlord approves, in principle, subject to Tenant’s compliance with all applicable provisions of the Lease, Tenant’s installation of a water-cooled supplemental air conditioning systems system and additional supplemental air conditioning units, from time to time, reasonably acceptable to Landlord (collectively, the “Supplemental System”) and located throughout solely in the 9th Floor Premises with a combined air conditioning capacity of not more than twenty two hundred seventy (20270) tons. Tenant will retain Alpha Mechanical a contractor reasonably approved by Landlord (“Contractor”) to construct the Supplemental System and to connect it to the Building’s condenser water riser (in one or more stages) in accordance with plans approved by Landlord and will pay Alpha Mechanical the Contractor directly for the cost thereof. There shall be no tap-in charge, but Tenant shall pay to Landlord, upon execution of the contract contract(s) with Alpha Mechanicalthe Contractor, an administrative and supervisory fee equal to five (5%) percent of the amount payable to Alpha Mechanical the Contractor for its work in connection with the Supplemental System. Subject to all applicable provisions of the Lease (including specifically, but without limitation, Article 27), Landlord agrees to reserve for Tenant’s use the condenser water necessary to operate the Supplemental System.
(B) Beginning on January October 1, 20012000, Tenant shall pay Landlord a charge in the initial amount of $20,000.00 ($1,000.00 per ton) ton per annum (“Condenser Water Charge”) for the first twenty (20) tons of condenser water capacity reserved for Tenant’s use pursuant to Section (A)
Appears in 1 contract
Sources: Lease Amendment (Telx Group, Inc.)
Condenser Water. (A) Landlord approves, in principle, subject to Tenant’s compliance with all applicable provisions of the Lease, Tenant’s installation of water-cooled supplemental air conditioning systems reasonably acceptable to Landlord (collectively, the “Supplemental System”) located throughout the Premises demised premises with a combined capacity of not more than twenty one hundred forty (20140) tons. Tenant will retain Alpha Mechanical a contractor reasonably approved by Landlord (“Contractor”) to construct the Supplemental System and to connect it to the Building’s condenser water riser (in one or more stages) in accordance with plans approved by Landlord and will pay Alpha Mechanical the contractor directly for the cost thereof. There shall be no tap-in charge, but Tenant shall pay to Landlord, upon execution of the contract contracts) with Alpha Mechanicalthe contractor, an administrative and supervisory fee equal to five (5%) percent of the amount payable to Alpha Mechanical the contractor for its work in connection with the Supplemental System. Subject to all applicable provisions of the applicable Lease (including specifically, but without limitation, Article 27), Landlord agrees to reserve for Tenant’s use the condenser water necessary to operate the Supplemental System.
(B) Beginning on January October 1, 20012000, Tenant shall pay Landlord a charge in the initial amount of $20,000.00 ($1,000.00 per ton) ton per annum (“Condenser Water Charge”) for the first twenty (20) tons of condenser water capacity reserved for Tenant’s use pursuant to Section (A)
Appears in 1 contract
Sources: Lease Amendment (Telx Group, Inc.)
Condenser Water. (A) Landlord approves, in principle, subject to Tenant’s compliance with all applicable provisions of the Lease, Tenant’s installation of a water-cooled supplemental air conditioning systems system and additional supplemental air conditioning units, from time to time, reasonably acceptable to Landlord (collectively, the “Supplemental System”) located throughout the Premises demised premises with a combined capacity of not more than twenty one hundred eighty (20180) tons. Tenant will retain Alpha Mechanical a contractor reasonably approved by Landlord (“Contractor”) to construct the Supplemental System and to connect it to the Building’s condenser water riser (in one or more stages) in accordance with plans approved by Landlord and will pay Alpha Mechanical the Contractor directly for the cost thereof. There shall be no tap-in charge, but Tenant shall pay to Landlord, upon execution of the contract contract(s) with Alpha Mechanicalthe Contractor, an administrative and supervisory fee equal to five (5%) percent of the amount payable to Alpha Mechanical the Contractor for its work in connection with the Supplemental System. Subject to all applicable provisions of the applicable Lease (including specifically, but without limitation, Article 27), Landlord agrees to reserve for Tenant’s use the condenser water necessary to operate the Supplemental System.
(B) Beginning on January October 1, 20012000, Tenant shall pay Landlord a charge in the initial amount of $20,000.00 ($1,000.00 per ton) ton per annum (“Condenser Water Charge”) for the first twenty (20) tons of condenser water capacity reserved for Tenant’s use pursuant to Section (A)
Appears in 1 contract
Sources: Lease Amendment (Telx Group, Inc.)