Substation definition
Examples of Substation in a sentence
Base Rent will be proportionally abated based on available power from the date of the casualty to completion of all restoration work to the Substation.
Landlord hereby grants to Tenant the right of first refusal in connection with the lease of all or any portion of additional power capacity of the Substation that is or becomes available for supply to the Premises or adjoining parcels owned by Landlord or its affiliates, including any present or future buildings on the Premises (“First Refusal Capacity”).
Landlord will (or shall cause a third-party manager or the utility or energy service provider to) ensure the Substation is in good working condition and repair and properly insured at all times, and cause the Substation to be operated, maintained and repaired in conformance with good utility business practice and applicable law and the costs and expenses for the foregoing will be charged to Tenant as Additional Rent.
Landlord will thereafter send Tenant notice within 30 days after the Casualty specifying the estimated time and cost to restore the Substation to its pre-casualty condition in all material respects, at Landlord’s sole cost, unless such Casualty was caused by the gross negligence or willful misconduct of Tenant or its agent, invitee or contractor.
In the event the Substation is damaged by a Casualty, Landlord will deliver prompt written notice thereof to Tenant.