Utility Cost definition

Utility Cost means the cost to Landlord of the utilities necessary for furnishing chilled media to the Premises, including all charges made to Landlord by the public utilities furnishing the same and based on the original consumption and demands estimated for the central HVAC system and building.

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Utility Cost means a cost, for a utility supplied to or used at a site in a residential park, that the park owner incorporates into the site rent payable under a site agreement for the site, whether or not the cost is separately identified in the agreement. "utility cost notice" see section 73 (2) . "warrant form" ... AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback

Utility Cost means expenses for heat, lights, water and sewer.

Examples of Utility Cost in a sentence

• If the Actual Utility Cost is less than the Utility Baseline, the Resident’s utility account shall be credited by such difference or, if the accumulated credit is over $15.00, refunded to Resident.

• If the Actual Utility Cost exceeds the Utility Baseline, Resident shall pay Landlord the amount of such excess within fifteen (15) days after receipt of the Utility Notice.

• Notwithstanding anything to the contrary herein, neither Party nor the employees of either of them shall be restricted in any way from providing safety or other information to the NRC on matters within the NRC’s regulatory responsibilities or from disclosing information to the extent required for compliance with Applicable Laws, participation in the Electric Utility Cost Group or PL-113.

• Off-taker Purchased Utility Cost Reimbursement in $ for a Billing Month is equal to the sum of the Off-taker Thermal Services Purchased Electricity Cost Reimbursement, and the Off-taker Thermal Services Purchased Water Cost Reimbursement.

• Program cost-effectiveness will be determined using the Utility Cost Test.

• The net payment due from a State Entity under a Thermal Services Agreement shall be equal to the Thermal Services Charge for the applicable Covered Facility(ies) minus the Third Party Off-taker Purchased Utility Cost Reimbursement.

• Tenant will be responsible for all of the Utility Cost Excess for so long as Tenant is the sole occupant of the Building.

• The Pledge of Utility Cost Savings Revenues is an irrevocable and first lien, but not necessarily an exclusive first lien, on the Pledged Utility Cost Savings Revenues.

• If the total Estimated Utility Cost Payments exceed the Lessee’s fair share of the actual costs, Lessor shall credit the difference to Lessee’s Base Rent due for the month immediately following such determination.

• Utility Cost Avoidance figures in the table above are based on current unit energy costs with no escalation as set forth in the table in Section IV below.

More Definitions of Utility Cost

Utility Cost are defined as the actual unit usage times the actual monthly unit charge to Tenant. Upon request by Landlord Tenant will promptly supply copies of monthly unit charges. Following the Lease Up Period, the Utility Expense Credit shall be (i) based on the actual Utility Cost for the preceding six (6) month period, and (ii) recalculated by Landlord every six (6) months based on the actual Utility Cost for the preceding period. The Utility Expense Credit paid by Landlord shall be reconciled on an annual basis against actual Utility Cost for the applicable period between Landlord and Tenant. In the event that Tenant has been credited less than actual Utility Cost for the corresponding period, Landlord shall forthwith credit the difference against Tenant's monthly installments of Rent. In the event that Tenant has been credited more than actual Utility Cost for the corresponding period, Tenant shall forthwith pay the difference to Landlord. Notwithstanding the above, if any utilities cannot be reasonably metered the cost shall be allocated based on a reasonable amount of usage.

Utility Cost means Sublessor's cost for all fuel (including, but not limited to, oil, gas, steam and coal but excluding electricity) delivered to the Building.

Utility Cost wherever used in this Section, shall mean the cost to the Landlord of the utility, including all charges made to Landlord by the public utility and/or all governmental authorities which furnish or control said utility service to Landlord. Tenant shall pay the Landlord in accordance with the provisions hereof, computed as herein set forth, an amount determined in accordance with the provisions hereof for such services supplied to the Demised Premises by Landlord. Such charges to be designated as the "Utilities and Service Charge." The Utilities and Service Charge shall be the sum of the following charges:

Utility Cost means expenses for heat, lights, water and sewer. 24 VAC 30-40-580. Fixed payment in lieu of moving costs.