Electrical Usage. Tenant acknowledges that pursuant to the Existing Lease, Tenant has available 19.0 ▇▇▇▇▇ per rentable square foot. Landlord hereby grants Tenant the right to use in excess of 19.0 ▇▇▇▇▇ per rentable square foot. However, if a Future Tenant (“Future Tenant”) that leases currently vacant space in Building C requires up to 19.0 ▇▇▇▇▇ per rentable square foot, and such electrical usage of said future tenant requires an upgrade of the Building C electrical equipment due to Tenant using in excess of the allotted 19.0 ▇▇▇▇▇ per rentable square foot in the Premises, then Landlord shall make the required upgrades to the Building C electrical equipment at Tenant’s sole cost and expense, provided Tenant shall only be responsible for the cost and expense incurred to upgrade the electrical equipment to provide the Future Tenant 19.0 ▇▇▇▇▇ per rentable square foot. Landlord will give Tenant at least thirty days written notice of the need to perform the upgrade and will cooperate with Tenant to accomplish the upgrade for a reasonable cost. Tenant shall pay Landlord for all costs and expenses incurred in connection with such required electrical upgrades within thirty (30) days of Tenant being invoiced for the same by Landlord.
Appears in 2 contracts
Sources: Sublease (Gevo, Inc.), Sublease (Gevo, Inc.)