Common use of Electricity Costs Clause in Contracts

Electricity Costs. Commencing on the Third Amendment Commencement Date, Landlord covenants and agrees to furnish building standard electrical service to the Premises sufficient to operate customary lighting, office machines and other equipment of similar low electrical consumption which shall be charged to Tenant pursuant to Section 4 of this Third Amendment of the Lease. Tenant covenants and agrees to pay Landlord estimated monthly electricity costs (“Electricity Costs”) as part of Additional Rent in addition to Base Rent. “Electricity Costs” shall mean the costs of all electricity used within the Premises and on or at the Property, together with any taxes and any maintenance charges thereon.