Condenser Water Charge definition

Condenser Water Charge shall be as defined in Section 5.1.1.
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Condenser Water Charge is One Thousand Two Hundred Fifty Dollars ($1,250) per ton of cooling capacity, per annum. Landlord shall have the right to increase the Condenser Water Charge from time to time based on Landlord's increased costs and expenses with respect to supplying condenser water to the System.
Sample 1
Condenser Water Charge means $0.36 per ton per hour as measured by the BTU Meter (the "CONDENSER WATER RATE"), subject to increase from time to time, effective on January 1, 2000 and on each January 1 thereafter (each such January 1st being hereinafter referred to as a "CPI INCREASE EFFECTIVE DATE"), by the percentage increase in the then Price Index for the average monthly Price Index for the twelve (12) month period ending with the November immediately preceding the CPI Increase Effective Date in question, above the Base Price Index (as such terms are hereinafter defined). Tenant shall not be obligated to pay any increases in the Condenser Water Rate until it has received written notice thereof (a "CPI NOTICE"). Each CPI Notice sent by Landlord, from time to time, shall be effective for each increase in the Condenser Water Rate. Tenant shall pay to Landlord, together with the next monthly installment of the Condenser Water Payment, as increased by the most recent CPI Notice, the amount of all such increases for which Tenant has not been billed retroactive to the date of the increase in the Price Index as provided in such CPI Notice. Until a CPI Notice is given to Tenant, the monthly installments of the Condenser Water Charge shall be based on the Condenser Water Rate reflected in the most recent CPI Notice.
Sample 1

Examples of Condenser Water Charge in a sentence

  • Tenant shall pay to Landlord, as Additional Rent, the Condenser Water Charge for condenser water supplied by Landlord pursuant to Section 5.1.1, the Overtime HVAC Charge for the Overtime HVAC service provided by Landlord pursuant to Section 5.1.2, and all charges for electricity supplied by Landlord to the Premises, if any (which may include electricity for ventilation and cooling, including reheat coils, fan boxes, compressors and refrigerating units serving the Premises).

  • On January 1, 2001, and on each January 1 thereafter throughout the Term of the applicable Lease, the Condenser Water Charge will increase by two and one-half (2 1/2%) percent of the Condenser Water Charge in effect on the immediately preceding day.

  • The Condenser Water Charge shall be paid in twelve (12) equal monthly installments, on the first day of each month during the Term, as additional rent.

  • The Condenser Water Charge shall be paid in twelve (12) equal monthly installments, on the first day of each month during the Term of the Existing 9th Floor Lease, as additional rent.

  • Within thirty (30) Days following the end of each calendar quarter, United shall determine any net demurrage payment or net despatch credit and provide a proposed calculation with sufficient detail and documentation to enable Tampa Electric to review and independently verify such amount.

  • If Landlord consents and such plans and specifications are approved, installation and operation of any such air-conditioning system shall be at Tenant’s expense and performed in accordance with the terms and conditions of this Lease, and shall be subject to payment of the Condenser Water Charge (provided that Tenant shall not be required to pay any so-called tap-in or hook-up charge in connection therewith).

  • Point g The term "principle of participation" means support in the implementation of Land Acquisition through community participation, either directly or indirectly, from planning to development activities.

  • In any such notice given by Landlord, Landlord shall have the right to demand any and all Base Rent which would have been due and payable in accordance with the Lease absent the waiver contained in this Section 3.2. Notwithstanding anything to the contrary contained in this Section 3.2, Tenant shall be required to make all payments of Direct Expenses (including without limitation any Generator Maintenance Fee or Condenser Water Charge) during the Abatement Period and throughout the Lease Term.

  • On January 1, 2003, and on each January 1 thereafter throughout the Term, the Condenser Water Charge will increase by two and one-half (2-1/2%) percent of the Condenser Water Charge in effect on the immediately preceding day.

  • The Base Unit Condenser Water Charge shall be increased annually beginning on the first annual anniversary of the Commencement Date and on each annual anniversary thereafter based upon the increase of the Consumer Price Index (as hereinafter defined) during the preceding twelve (12) months.


More Definitions of Condenser Water Charge

Condenser Water Charge is currently per ton per annum and is subject to increase by Landlord from time to time. The work to install any supplemental or auxiliary HVAC equipment shall be considered to be a Specialty Alteration for all purposes under this Lease and Tenant shall comply with all terms and conditions of this Lease in connection therewith. In connection therewith, Tenant shall provide for Landlord’s prior approval plans and specifications prepared by a licensed engineer for such supplemental or auxiliary HVAC equipment, specifying the amount of condenser water requested in connection therewith.
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Related to Condenser Water Charge

  • Water Charges means service charges in respect of the provision of water.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Ground water means water below the land surface in a zone of saturation.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Recycled water or “reclaimed water” means treated or recycled waste water of a quality suitable for non-potable uses such as landscape irrigation and water features. This water is not intended for human consumption.

  • Potable water means water that is fit for human consumption;

  • Stormwater means water resulting from precipitation (including rain and snow) that runs off the land’s surface, is transmitted to the subsurface, or is captured by separate storm sewers or other sewage or drainage facilities, or conveyed by snow removal equipment.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Hot water means water at a temperature of 110°F. or higher.

  • Stormwater system means constructed and natural features which function together as a system to collect, convey, channel, hold, inhibit, retain, detain, infiltrate, divert, treat, or filter stormwater. “Stormwater system” includes both public and privately owned features.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Assessment area means an area, or, if more than one area is designated, the