COMMON UTILITIES. Tenant acknowledges that portions of the water line, sanitary sewer and storm sewer serving the Demised Premises are used in common with other tenants of the Building of which the Demised Premises forms a part ("Common Utilities"). The operation, maintenance and repair of the Common Utilities shall be performed by Landlord and the costs thereof shall be charged pro rata to the tenants using the Common Utilities. Tenant further acknowledges that portions of the sprinkler system servicing the Demised Premises are used in common with other tenants of the Building of which the Demised Premises forms a part ("Sprinkler System"). Landlord will inspect, service and maintain the Sprinkler System, including the risers, valves and piping. All costs relating to the inspection, service and maintenance of the Sprinkler System, including the costs of any required governmental inspections, permits or approval, will be charged pro rata to the tenants using the Sprinkler System. Tenant shall pay to Landlord, as additional rent, its pro rata share of the costs of inspection, servicing, operation, maintenance and repair of the Common Utilities and the Sprinkler System, plus a 15% handling charge, such share to be calculated in accordance with the formula set forth in Section 6.01, except that the denominator shall be the number of square feet affected by the particular inspection, servicing, operation, maintenance and repair being performed. Such additional rent shall be paid to Landlord within ten (10) days of Tenant's receipt of Landlord's invoice for such additional rent. Landlord's cost to perform the foregoing shall not include its cost for any office personnel involved in the foregoing. The parties further agree that Landlord at his sole cost and expense, shall have the right, at any time, to cause the Sprinkler System for the Demised Premises to be separated. Upon completion of the separation, Tenant shall assume the obligation for maintenance of the Sprinkler System in the Demised Premises as provided in Section 10.02.
Appears in 1 contract
Sources: Multiple Occupancy Net Lease (United Natural Foods Inc)
COMMON UTILITIES. Tenant acknowledges that portions of the water line, sanitary sewer and storm sewer and electric and gas utility lines serving the Demised Premises are used in common with other tenants of the Building of which the Demised Premises forms a part ("“Common Utilities"”). The operation, maintenance and repair of the Common Utilities shall be performed by Landlord and the costs thereof shall be charged pro rata to the tenants using the Common Utilities. Tenant further acknowledges that portions of the sprinkler system servicing the Demised Premises are used in common with other tenants of the Building of which the Demised Premises forms a part ("“Sprinkler System"”). Landlord will inspect, service and maintain the Sprinkler System, including the risers, valves and piping. All costs relating to the inspection, service and maintenance of the Sprinkler System, including the costs of any required governmental inspections, permits or approval, will be charged pro rata to the tenants using the Sprinkler System. Tenant shall pay to Landlord, as additional rent, its pro rata share of the costs of inspection, servicing, operation, maintenance and repair of the Common Utilities and the Sprinkler System, plus a 15% handling charge, such share to be calculated in accordance with the formula set forth in Section 6.01, except that the denominator shall be the number of square feet affected by the particular inspection, servicing, operation, maintenance and repair being performed. Such additional rent shall be paid to Landlord within ten (10) days of Tenant's ’s receipt of Landlord's ’s invoice for such additional rent. Landlord's cost to perform the foregoing shall not include its cost for any office personnel involved in the foregoing. The parties further agree that Landlord at his sole cost and expense, shall have the right, at any time, to cause the Sprinkler System for the Demised Premises to be separated. Upon completion of the separation, Tenant shall assume the obligation for maintenance of the Sprinkler System in the Demised Premises as provided in Section 10.02.
Appears in 1 contract
Sources: Lease Agreement (PharMEDium Healthcare Holdings, Inc.)