Electricity Consumption Clause Samples

Electricity Consumption. (a) The Buyer acknowledges and agrees that the Electricity Prices offered in this Agreement are based on the Buyers historical use of electricity at the Site. (b) Change Energy may revise the Electricity Price if, in Change Energy’s reasonable opinion, there has been Material Change in Electricity Consumption. (c) Change Energy will notify the Buyer in writing of any revision to the Electricity Price, and the date it will be effective, required as a result of any Material Change in Electricity Consumption, (d) Within 5 Business Days of the date of Change Energy’s notice referred to in clause 2.2(c), the Buyer must notify Change Energy as to whether it accepts the revised Electricity Price. (e) If the Buyer: (i) notifies Change Energy it accepts the revised Electricity Price; it will apply from the date specified in notice issued under clause 2.2(c); (ii) notifies Change Energy that it does not accept the revised Electricity Price, Change Energy may terminate this Agreement on 10 Business Days’ written notice to the Buyer and clause 10.3 will apply; (iii) fails to respond to Change Energy’s notice issued under clause 2.2(c), then the revised Electricity Price will apply from the date specified in the notice. (f) The Buyer must notify Change Energy as soon as practicable if it anticipates or becomes aware of any Material Change in Electricity Consumption.

Electricity Consumption. The premises’ and the property’s electricity consumption, including joint electricity consumption, e.g. for interior and exterior lighting, lighting in corridor areas, common areas, technical facilities, etc. The Tenant’s consumption of electricity in areas and installations exclusively for the Tenant’s use is not comprised by the Landlord’s services and will be paid by the Tenant directly to the utility company according to meters installed and paid by the Landlord. If the Landlord estimates that the Tenant’s electricity consumption is particularly high, the Landlord may, at the Tenant’s expense, install electricity meters on all power supply connections or on those on which a high electricity consumption is expected. In that case, the Tenant is obliged to pay for the consumption as per meter readings as well as any taxes and charges related thereto. The Landlord accepts no responsibility for any temporary interruptions in the supply of electricity, but must ensure that such interruptions are remedied without delay.

Electricity Consumption. The Tenant’s actual electricity consumption for the Leased Premises, as reasonably determined by the Landlord shall not, at any time, exceed 12 Mva for the Leased Premises (the “Electricity Consumption Threshold”). All equipment (belonging to the Tenant or otherwise) located within the Leased Premises shall be included in the Confidential document. Free translation of the orginal French agreement signed on 30 September 2008 for information purposes only. calculation of the Tenant’s actual electricity consumption for the Leased Premises. For the avoidance of doubt, the Landlord and the Tenant acknowledge that the Electricity Consumption Threshold exists so that Landlord is better able to (a) budget the amount of power available at the Building among the existing and future tenants of the Building, (b) enhance the safeguarding, in accordance with National Electrical Code Guidelines, of persons and property. As such, the Tenant agrees that it will actively monitor the electricity consumption for the Leased Premises to ensure that such consumption does not exceed the Electricity Consumption Threshold. Additionally, in the event that the electricity consumption in the Premises does exceed the Electricity Consumption Threshold (each such event, an “Electricity Consumption Threshold Overage”), the Tenant agrees to take immediate action (regardless of whether the Tenant has received notice of such Overage from Landlord) to power down items of equipment in the Leased Premises in order to cause power consumption in the Premises to be at or below the Electricity Consumption Threshold. Additionally, in the event that (i) the Tenant receives a notice from the Landlord related to any Electricity Consumption Threshold Overage, and (ii) the Tenant has not remedied such Overage within seventy-two (72) hours after its receipt of such notice from the Landlord, the Landlord must provide to the Tenant written notice of this default. In the event that the Landlord receives notice from the Tenant's electrical supplier that the Tenant has exceeded the maximum electricity consumption provided for by the Tenant's electricity supply contract, the Tenant shall directly contact such supplier and undertake all measures required by that supplier, in particular to cause its electricity consumption to bebelow the Electricity Consumption Threshold.

Electricity Consumption. Each Participant's electric bills are estimated, based upon a three-year consumption average, factoring in other variables such as, but not limited to, previous weather patterns, energy improvements at sites and construction. The Participant will be billed in six (6) installments invoiced on or about the following dates: Installment 1 June 1 Installment 4 December 1 Installment 2 August 1 Installment 5 February 1 Installment 3 October 1 Installment 6 April 1

Electricity Consumption. If Tenant is permitted or required pursuant to this Lease to contract directly with an electricity provider, Tenant shall pay all costs for separate electricity metering and shall submit to Landlord electricity consumption data in a format reasonably required by Landlord.

Electricity Consumption. You accept that you are responsible for the costs associated with your energy consumption, as recorded by your charging cable.