Electricity Expenses definition

Electricity Expenses means the total charge for all electricity supplied to the Property for all purposes, including but not limited to the usage thereof by other tenants and other users of the Property, the usage for heating, cooling and lighting, and the usage thereof for all services provided on the Property.
Electricity Expenses means expenses associated with:
Electricity Expenses. The costs including, but not restricted to, the deposits and expenses payable to CESC Limited or otherwise for bringing the electric supply connection lines to the Premises including the costs and deposits of transformer/s, cabling, mother meter/s etc.

Examples of Electricity Expenses in a sentence

  • Landlord shall have the right to increase Tenant’s estimated Additional Rent during any calendar year if Landlord reasonably believes Operating Expenses and/or Electricity Expenses have increased (or are likely to increase) during such year.

  • Lessee shall pay as Additional Rent in equal monthly installments, in advance, on the first day of each month during such calendar year, without demand, deduction, counterclaim or setoff, at Lessor's notice address, one-twelfth (1/12th) of Lessee's Share of the Budgeted Taxes, Operating Expenses and Electricity Expenses for such calendar year.

  • In addition to Newport’s current restricted accounts – Debt Service, Capital and Chemicals – Newport shall establish a restricted account for the Electricity Expenses agreed to by the parties.

  • Following the end of each calendar year ending during the Term, Lessor shall furnish to Lessee a statement (a "Statement") showing a comparison of Lessee's Share of the actual Taxes, Operating Expenses and Electricity Expenses incurred for the calendar year just ended with the amount of Additional Rent paid by Lessee pursuant to Section 5.3 during such year.

  • If Lessor elects to install an electric meter for the Premises pursuant to this Section 8.2, then, for the time that Lessor bills Lessee directly for the electricity consumption measured by such meter, Lessee shall not be responsible for Lessee's Share of Electricity Expenses (as defined in Section 5.2.4).

  • Lessor reserves the right to establish a Fiscal Year for purposes of making the Budgets and Statements of annual Taxes, Operating Expenses and Electricity Expenses.

  • Lessee shall pay as additional rent ("Additional Rent") for the Premises during each Lease Year, "Lessee's Share" of "Taxes", "Operating Expenses" and "Electricity Expenses" in connection with the "Property." The current estimate of those expenses for calendar year 2002 is $5.95 per rentable square foot annually, or $362.45 monthly.

  • If such Fiscal Year is established, the Taxes, Operating Expenses and Electricity Expenses and Additional Rent payments described in this Section 5 shall be determined on a Fiscal Year-to-Fiscal Year basis, with appropriate prorations being made for any Lease Year beginning before or ending after a full Fiscal Year.

  • If the amount so paid by Lessee for such calendar year is less than Lessee's Share of the actual Taxes, Operating Expenses and Electricity Expenses for such year, the Statement shall notify Lessee of Lessee's Share of such deficiency (a "Deficiency"), and Lessee shall pay the amount of such Deficiency within thirty (30) days after such Statement is furnished.

  • For each calendar year during the Term, Lessor shall prepare and submit to Lessee a budget showing estimated Taxes, Operating Expenses and Electricity Expenses for such calendar year ("Budgeted Taxes, Operating Expenses and Electricity Expenses").


More Definitions of Electricity Expenses

Electricity Expenses means all costs incurred in any calendar year in providing electricity for leasable space in the Building, except for costs of electrical consumption by tenants of other space in the Building for which electrical consumption is measured by separate meters.
Electricity Expenses in connection with the "Property." The current estimate of those expenses for calendar year 2002 is $5.95 per rentable square foot annually, or $362.45 monthly.