Electricity Costs definition

Electricity Costs means the cost of supplying electricity to the entire Building. Tenant currently has a contract for electricity to be supplied to the Building. Unless otherwise agreed by Landlord and Tenant (and documented by an amendment to this Lease) or unless Tenant determines in good faith that it is no longer reasonably feasible for Tenant to obtain electricity on a cost effective basis (in which case Tenant may notify Landlord and Landlord will thereafter, as soon as reasonably possible, obtain and furnish electricity as long as this Lease remains in effect), Tenant will continue to maintain the contract with the electrical supplier throughout the Term and will pay all Electricity Costs directly to the supplier and Electricity Costs will not be included in Operating Expenses. If at least thirty (30) days prior to the commencement of any calendar month of the Term, Tenant gives Landlord a factually correct notice that Tenant has ceased to occupy (but will still lease) a portion of the space leased by Tenant containing a rentable area of not less than 25,000 square feet, for one or more full calendar months (as so quantified, the “Vacated Space”), Landlord shall (i) determine, in the exercise of its reasonable judgment, the cost of the janitorial service and other variable-cost services, e.g., HVAC service (the "Variable Expense") included in Operating Expenses that is directly attributable to the Vacated Space, and (ii) to the extent reasonably practicable and permitted pursuant to Applicable Laws, cease causing such service(s) to be provided to such Vacated Space and no longer include in Operating Expenses the costs previously included for the service(s) which are no longer provided; provided, however, that Landlord shall, at all times, be entitled to operate the Building Systems at the level that Landlord (or any lender providing financing to Landlord) reasonably deems necessary, in its sole discretion, for the proper operation and maintenance of the Building as a Class A office Building and the costs of such operation shall be included in Operating Expenses, and any costs reasonably incurred by Landlord to effect such cessation shall be Operating Expenses, regardless of any provision in this Lease to the contrary. Tenant shall be solely responsible for securing any such Vacated Space.
Electricity Costs means the amount to be paid by the Operator to [electric company] pursuant to Section 6.5.
Electricity Costs means the costs ----------------- incurred by Landlord for (i) electricity utilized in connection with the operation, maintenance, and use of the Project, and (ii) sales, use, excise and other taxes assessed by governmental authorities on electricity.

Examples of Electricity Costs in a sentence

  • The Leake County School District has a rich tradition of excellence, which extends to all employees both in and outside of the classroom.

  • England, Staff White Paper, Controlling Electricity Costs, June 1, 2006 (the latter revised the figures slightly from the speech).

  • Landlord shall from time to time furnish to Tenant a statement setting forth in reasonable detail the particulars relating to Tenant’s Allocable Electricity Costs for the period to which such a statement relates.

  • These costs are shown in Figure 5.Figure 5: Wood harvest and processing costs Mill Processing Costs Relevant FCNSWCosts Other Mill Costs Mill Electricity Costs Mill Labour CostsRelevant FCNSW Costs Haulage Harvest AdministrationThe costs incurred in harvesting and hauling the logs to the mills, and associated administrative costs, are avoided when logging ceases.

  • Incremental Electricity Costs for New Refrigeration Systems 75 Table 13.


More Definitions of Electricity Costs

Electricity Costs means the costs of all electricity used within the Premises and on or at the Property, together with any taxes and any maintenance charges thereon.
Electricity Costs has the meaning set forth in Section 4.2. ------------
Electricity Costs means Tenant’s Allocable Electricity Costs (as defined in the Master Lease) charged by Landlord to Sublandlord pursuant to the Master Lease.
Electricity Costs means all costs charged to or incurred by Landlord for electricity for the Building, including all costs of metering the Building’s use of electricity and all indirect costs of providing electricity, such as, but not limited to, any sales, use or other taxes and assessments. The termOperating Costs” is hereby amended to exclude Electricity Costs.
Electricity Costs means the costs of all electricity used on or at the Project, together with any taxesa nd any maintenance charges thereon. On the first day of each calendar month during the Lease Term, Tenant agrees to reimburse Landlord for Tenant's Proportionate Share of the monthly Electricity Costs pursuant to invoices sent to Tenant from Landlord. The initial monthly Electricity Costs invoices shall be based on Tenant's Proportionate Share of estimated Electricity Costs as reasonably determined by Landlord and shall be increased or decreased by Landlord to reflect the actual Electricity Costs. If for any time period in question the Building is less than 95% occupied, for purposes of determining Tenant's Proportionate Share of Electricity Costs, Landlord may increase those elements of Electricity Costs that vary based primarily on the occupancy rate of the Building, as though the Building were 95% occupied. The Electricity Costs payments due from Tenant shall be adjusted by Landlord to the amount that Landlord reasonably believes they would have been if 95% of the Rentable Area of the Building had been occupied. In addition, Tenant shall, within 30 days of receipt of an invoice from Landlord, pay for any extraordinary or after Normal Business Hours use of Electricity Costs as requested by Tenant and as reasonably determined by Landlord.
Electricity Costs is defined hereby as Lessor's cost to provide electricity for the operation of the Building exclusive of electricity separately metered and paid for directly by other tenants in the Building.
Electricity Costs means the cost of the electricity used by the Service User as calculated by reference to the readings of the meter on the concentrator by the Supplier at the time of Installation and during Service Visits, and the rates of reimbursement set out in this Contract;