Examples of Heating season in a sentence
The Lessee covenants and agrees to and with the Lessor that if during the term of the demised premises the Annual Heating Costs or the Annual Operating Costs, for the building in which the demised premises are located, exceed the amount of costs payable during the Heating Season of 1998 and/or the Operating Cost as the case may be during the operating year 1998, the Lessee shall pay to the Lessor, within 20 days of demand as additional rent, its Proportionate Share of such increase.
SDS is the Steam Delivery Shortfall, measured in aggregate steam pounds, below the aggregate steam pounds that Operator would have delivered, had Operator’s aggregate deliveries over the Heating Season met the minimum Steam Performance Ratio.
Cash requirements generally increase between June and December as we purchase natural gas in advance of the Heating Season.
Anything herein to the contrary notwithstanding, in no event shall Operator be required to deliver Chilled Water to the University in excess of the Chilled Water Capacity Baseline at any time, or to deliver Chilled Water in any amount during a Heating Season.
Our short-term debt balances are typically reduced during the Heating Season, as a significant portion of our current assets, primarily natural gas inventories, are converted into cash.