KWHR definition

KWHR means kilowatt-hours.

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KWHR pursuant to this Article for electricity consumed within the Premises, whether shown on the meters measuring Tenant's consumption of electricity or determined by survey as herein elsewhere provided, shall be 108% of the amount at which Landlord from time to time purchases each KW and KWHR of electricity for the same period from the utility company, which amount (herein, as adjusted from time to time, called "Landlord's Rate") shall be determined by dividing the cost established by said utility company (averaged separately for KWs and KWHRs) during each respective billing period by the number of KWs and KWHRs consumed by the Building appearing on the utility company invoice for such period. In no event shall the Additional Charge made to Tenant pursuant to this Article 14 for submetered electricity supplied to the Premises (or the charge pursuant to Section 14.04 hereof in the event electricity is supplied on a rent inclusion basis) be less than Landlord's actual cost therefor. If Tenant shall occupy the Premises for business purposes (including, without limitation, the testing or operation of its computers) and consume electricity prior to the installation of meters in the Premises, then Tenant agrees to pay Landlord the sum of $2.75 per rentable square foot per annum for electricity pursuant to Section 14.04 hereof until such time as said meters are installed.

KWHR pursuant to this Article for electricity consumed within the demised premises, shall be 103% of the amount at which Landlord from time to time purchases each KW and KWHR of electricity for the same period from the utility company, which amount (herein, as adjusted from time to time, called "Landlord's Rate") shall be determined by dividing the cost established by said utility company (averaged separately for KWs and KWHRs) during each respective billing period of such utility company by the number of KWs and KWHRs consumed by the Building appearing on the utility company invoice for such period. In no event shall the additional rent billed to Tenant pursuant to this Article 4 for submetered electricity supplied to the demised premises be less than Landlord's actual PARK AVE ARMORY/NYLPC - LEASE PT I cost therefor. Where more than one meter measures the service of Tenant, the service rendered through all such meters shall be aggregated and treated as if there were only one meter and billed in accordance with the rates herein. Bills therefor shall be rendered at such times as Landlord may elect but not more frequently than once a month and the amount shall be deemed to be, and be paid as, additional rent. During the period of Tenant's construction occurring prior to the installation of meters, Tenant will pay to Landlord a flat charge for electricity of seventy cents ($0.70) per rentable square foot per annum. Such charge shall be payable monthly as additional rent hereunder within ten (10) days after demand therefor by Landlord.

Examples of KWHR in a sentence

• The amount to be charged to Tenant by Landlord per KW and KWHR of electric service shall be the actual cost at which Landlord from time to time purchases such KW and KWHR of electricity utilized in the Building for the same period from the utility company calculated as set forth below.

• Where more than one meter measures the service of Tenant in the Building, the KWHR and KW recorded by each meter shall be added, and the aggregate billed as if billed from a single meter.

• The provisions of Article 14 of the Prime Lease, including without limitation, the provisions relating to the payment by Sub-Subtenant to Sub-Sublandlord for electricity at “Landlord’s Rate” (set forth in Section 14.01(b) of the Prime Lease as 105% of the amount at which Prime Landlord from time to time purchases each KW and KWHR of electricity from the utility company providing same for the period in question), shall be applicable to this Sub-Sublease.

• After completion of the electrical survey made by Landlord's consultant of Tenant's consumption (KW and KWHR) of electricity, said consultant shall apply one hundred (100%) percent of Landlord's Rate to arrive at an amount (herein called the "ACTUAL CHARGE") and the Fixed Rent shall be appropriately adjusted (increased or decreased) retroactively to reflect any amount by which the Actual Charge exceeds the Initial Charge or the Initial Charge exceeds the Actual Charge, as the case may be.

• During the period commencing on the date hereof and ending on the date on which a meter or meters and related equipment to measure Tenant’s demand (KW) and usage (KWHR) of electricity consumed in the Expansion Space have been installed and are operational, Tenant agrees to pay for its consumtion of electricity in the Expansion Space, as Additional Charges, a sum equal to $2,550.00 per month, payable on the date hereof and on the first day of each month hereafter.

• After completion of the electrical survey made by Landlord’s consultant of Tenant’s consumption (KW and KWHR) of electricity, said consultant shall apply 103% of Landlord’s Rate as provided in Section 14.02 hereof to arrive at an amount (the “Actual Charge”) and the Fixed Rent shall be appropriately adjusted retroactively to reflect any amount by which the Actual Charge exceeds the Initial Charge.

• Such Actual Cost shall be determined on a per KW and per KWHR basis by dividing the amount billed by the utility company for the KWs and KWHRs consumed in the Building during each respective billing period by the total number each of KWs and KWHRs consumed by the Building for such billing period as appearing on the utility company invoice, with no ▇▇▇▇-up for profit or administrative charges.

• The ▇▇▇▇ for such submetered electricity shall be equal to one hundred percent (100%) of the actual cost (the “Actual Cost”) at which Landlord from time to time purchases such KW and KWHR of electricity utilized in the Premises for the same period from the utility company calculated as set below.

• For any portion of the demised premises comprising a full floor, the amount payable by Tenant for any billing period for electricity consumed by Tenant shall be equal to 103% of the product of (a) the Average Cost Per KWHR for such period multiplied by (b) Tenant’s usage (KWHR) of electricity during such period as shown by such submeters.

• For example, if the usage charge for electricity increases from twenty-five cents ($.25) per Kilowatt-Hour (KWHR) to thirty cents ($.30) KWHR, then the after hours HVAC charge shall increase by twenty percent (20%) to Sixty Dollars ($60.00) per hour.

More Definitions of KWHR

KWHR means kilowatt – hour.

KWHR comprising the Submetered HVAC Electric in accordance with the formulas provided in the Base Building HVAC Plant Electric in accordance with the formulas provided in the Base Building HVAC Plant Electric and Escalations Apportionment Formulas annexed hereto as (Exhibit “O” and mad a part hereof) from and after the date on which Tenant first occupies all or any portion of the Demised Premises. The amount to be charged to Tenant by Landlord per “KW” and “KWHR” pursuant to the formulas set forth in said Exhibit “O” shall be 100% of the amount at which Landlord from time to time purchases each KW and KWHR of electricity for the same period from Consolidated Edison or any successor utility company, which amount (herein, as adjusted from time to time, called “Landlord’s Rate”) shall be determined by dividing the cost established by said utility company (averaged separately for KWs and KWHRs) during each respective billing period (net of any discounts or credits; i.e., the amount actually payable) by the number of KWs and KWHRs consumed by the Building appearing on the utility company invoices for such period. Landlord agrees that upon Tenant’s written request therefore, Landlord shall furnish to Tenant a copy of the bills from the utility company furnishing electricity to the Building substantiating Landlord’s Rate. Upon Tenant’s written request, Tenant may accompany Landlord’s personnel during readings of HVAC Submeters. In addition, Tenant shall have the survey rights described in Clause No. 8J below.

KWHR pursuant to this Clause NO. 8 for Shared Facilities Electric shall be 100% of Landlord’s Rate during each respective billing period. Landlord agrees that upon Tenant’s written request therefore, Landlord shall furnish to Tenant a copy of the bills from the utility company furnishing electricity to the Building substantiating Landlord’s Rate. Landlord shall cause its consultant (“Landlord’s Electric Consultant”) to perform an initial survey of the shared Facilities Electric and/or non-Shared Facilities Electric reasonably promptly (except to the extent that Landlord elects to measure all or a portion of the Shared Facilities Electric by one of the alternative methods set forth in the first sentence of this Clause No. 8F). Thereafter and from time to time may request Landlord to have a survey made of Shared Facilities Electric and/or non-Shared Facilities Electric (except to the extent the Landlord elects of to measure all or a portion of the Shared Facilities Electric by one of the alternative methods set forth in the first sentence of this Clause No. IF), and the fees of Landlord’s consultant making such surveys at Tenant’s request shall be paid by Tenant. In the even any of the foregoing surveys shall determine that there has been an increase or decrease in Shared Facilities Electric, then, effective as of the date of such change in usage, the Additional Rent charged to Tenant by reason of the furnishing of the Shared Facilities Electric, as same may have been previously increased or decreased pursuant to the terms hereof, shall be increased or decreased in accordance with such survey determination with appropriate credit allowed to Tenant in the event of a decrease from the date of such change in usage to the date of such survey determination within thirty (30) days after being billed therefore and thereafter as part f of the increased monthly charge for electricity by reason of such survey determination. In addition, Tenant shall have the survey rights described in Clause No. 8J below.