Common use of Utility Cost Savings Clause in Contracts

Utility Cost Savings. Any utility expenses eliminated or avoided on a long-term basis as a result of equipment installed or modified, or services performed by a qualified energy service provider; "utility cost savings" does not include merely shifting personnel costs or similar short-term cost savings.

Appears in 7 contracts

Samples: Financing Agreement and Payment, Financing Agreement and Payment, Financing Agreement and Payment

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