Definition of Tenant's Electricity Costs

  1. Tenant's Electricity Costs means an amount equal to (i) Landlord's Average Cost Per Kilowatt Hour for any relevant billing period (taking all applicable rebates, savings and incentives into account, it being agreed that Landlord shall be required to pass on to Tenant the benefit of all rebates, savings and incentives granted and or applicable specifically with respect to the electrical use consumed in the Premises), multiplied by (ii) the total kilowatt hours of electricity used in the Premises during such billing period, as measured by Tenant's Submeters.

Definition of Tenant's Electricity Costs in Lease

Tenant's Electricity Costs means an amount equal to (i) Landlord's Average Cost Per Kilowatt Hour for any relevant billing period (taking all applicable rebates, savings and incentives into account, it being agreed that Landlord shall be required to pass on to Tenant the benefit of all rebates, savings and incentives granted and or applicable specifically with respect to the electrical use consumed in the Premises), multiplied by (ii) the total kilowatt hours of electricity used in the Premises during such billing period, as measured by Tenant's Submeters.