Common use of LEED Clause in Contracts

LEED. The Authority does not represent that the construction of any components of the Spaceport in compliance with principles of Leadership in Energy and Environmental Design will have a material effect on any utility charges that are a component of User Fees. If any new services or new capital assets are to be provided by the Authority beyond those contemplated by this Lease on the Effective Date, the Parties will agree at the time such new services or new capital assets are provided as to how the costs of same will be funded and recovered.

Appears in 2 contracts

Sources: Facilities Lease (Social Capital Hedosophia Holdings Corp.), Facilities Lease

LEED. The Authority does not represent that the construction constru ction of any components of the Spaceport in compliance with principles of Leadership Leadershi p in Energy and Environmental Design will have a material effect effec t on any utility charges that are a component of User Fees. If any new services or new capital assets are to be provided by the Authority beyond those contemplated by this Lease on the Effective Date, the Parties will agree at the time such new services or new capital assets are provided as to how the costs of same will be funded and recovered.

Appears in 1 contract

Sources: Facilities Lease