Common use of Additional Electrical Service Clause in Contracts

Additional Electrical Service. If Tenant shall require electric current in excess of that which Landlord is obligated to furnish under Section 11(a) above, Tenant shall first obtain the written consent of Landlord, which shall not be unreasonably withheld, conditioned, or delayed. However, Tenant may, at Tenant’s expense, as an initial Improvement or as an Alteration, install additional equipment in order to supply additional electrical capacity to the Premises. Additionally, Landlord may cause an electric current meter or submeter to be installed in or about the Premises to measure the amount of any such excess electric current consumed by Tenant in the Premises. The cost of any such meter and of installation, maintenance and repair thereof shall be paid for by Tenant and Tenant agrees to pay to Landlord, promptly upon demand therefor by Landlord, for all such excess electric current consumed by any such use as shown by said meter at the rates charged for such service by the city in which the Project is located or the local public utility, as the case may be, furnishing the same, plus any additional expense incurred by Landlord in keeping account of the electric current so consumed.

Appears in 2 contracts

Sources: Standard Office Lease (loanDepot, Inc.), Standard Office Lease (loanDepot, Inc.)

Additional Electrical Service. If Tenant shall require electric current in excess of that which Landlord is obligated to furnish under Section 11(a) above, Tenant shall first obtain the written consent of Landlord, which Landlord shall not be unreasonably withheld, conditioned, or delayed. However, Tenant may, at Tenant’s expense, as an initial Improvement or as an Alteration, install additional equipment in order grant provided the Building has adequate capacity and will continue to supply additional electrical have adequate capacity to the Premiseswhen fully leased. Additionally, if Tenant uses electric current in excess of that which is permitted under Section 11(a) above, then Landlord may cause an electric current meter or submeter to be installed in or about the Premises to measure the amount of any such excess electric current consumed by Tenant in the Premises. The cost of any such meter and of installation, maintenance and repair thereof shall be paid for by Tenant and Tenant agrees to pay to Landlord, promptly upon demand therefor by Landlord, for all such excess electric current consumed by any such use as shown by said meter at the rates charged for such service by the city in which the Project is located or the local public utility, as the case may be, furnishing the same, plus any additional expense incurred by Landlord in keeping account of the electric current so consumed.

Appears in 1 contract

Sources: Standard Office Lease (Move Inc)