Excessive Electrical Usage. (i) Tenant will not install or operate in the Demised Premises any heavy duty electrical equipment or machinery, without obtaining the prior written consent of Landlord. Landlord may require, as a condition of its consent to the installation of such equipment or machinery, payment by Tenant, as Additional Rent, for such excess consumption of electricity as may be occasioned by the operation of said equipment or machinery. Upon reasonable prior notice to Tenant, Landlord may make periodic inspections of the Demised Premises at reasonable times to determine that ▇▇▇▇▇▇’s electrically operated equipment and machinery complies with the provisions of this Section and Section 10(e). (ii) Landlord at its sole expense will install one or more submeters to record the consumption or use of electricity within the Demised Premises. (iii) Landlord will submit monthly submeter readings to Tenant and Tenant will pay, as Additional Rent, for all consumption of electricity in the Demised Premises based on such readings.
Appears in 1 contract
Sources: Lease Agreement (Maxcyte, Inc.)
Excessive Electrical Usage. (i) Tenant will not install or operate in the Demised Premises any heavy duty electrical equipment or machinery, without obtaining the prior written consent of Landlord. Landlord may require, as a condition of its consent to the installation of such equipment or machinery, payment by Tenant, as Additional Rent, for such excess consumption of electricity as may be occasioned by the operation of said equipment or machinery. Upon reasonable prior notice to Tenant, Landlord may make periodic inspections of the Demised Premises at reasonable times to determine that ▇▇▇▇▇▇Tenant’s electrically operated equipment and machinery complies with the provisions of this Section and Section 10(e).
(ii) Landlord at its sole expense will install one or more submeters to record the consumption or use of electricity within the Demised Premises.
(iii) Landlord will submit monthly submeter readings to Tenant and Tenant will pay, as Additional Rent, for all consumption of electricity in the Demised Premises based on such readings.
Appears in 1 contract
Sources: Lease Agreement (Maxcyte, Inc.)