Separate Metering. Landlord may, in Landlord’s sole discretion, at Tenant’s cost, elect to install in the Premises or elsewhere a submeter or submeters to measure the electricity used by Tenant; and Tenant shall pay to Landlord for such use within ten days after submission of each bill by Landlord therefor, in accordance with such rates as Tenant would be required to pay if such use were separately metered to the Premises by the local electric utility company and billed to Tenant at such utility company retail rates.
Appears in 3 contracts
Sources: Office Lease Agreement (Semper Paratus Acquisition Corp), Office Lease Agreement (Semper Paratus Acquisition Corp), Office Lease Agreement (Semper Paratus Acquisition Corp)