Utility Cost Clause Samples

Utility Cost. Lessee shall arrange for and bear the cost of all utility services furnished to the demised premises during the Lease term.
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Utility Cost. 1. Party B shall pay the cost of utilities for the use of the kitchen for their catering operations, including but not limited to electricity, water, waste management, heating, air-conditioning, etc., and the cost of using internet connections for the EPOS system and other necessary features, to the bank account designated by Party A on the 15th of each month for the duration of the Contract Term. Utility cost is exclusive of all applicable taxes, and the related taxes are to be borne by Party B. 2. The official rate of utilities, determined by the agreement between Party A and IICC Limited, shall be officially applied. 3. Upon conclusion of the contract, Party B shall be responsible for maintaining the optimal condition of the operation area and auxiliary spaces such as the kitchen, pantry and any other spaces pertaining to their catering operation. All utility costs incurred by maintaining those areas shall be borne by Party B.
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Utility Cost. If the Subleased Premises are not separately metered for a given Utility (as defined below), and to the extent the charge for such Utility is not already included as an “Operating Expense”, within thirty (30) days of written demand by Sublandlord, Subtenant shall pay each month, as Additional Rent, Subtenant’s Share of the cost of such utility.
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Utility Cost. 1. Party B shall pay the cost of utilities for their F&B operation including, but not limited to, electricity, water, waste management, heating, air-conditioning, the cost of using internet connections for the EPOS system and other necessary features, et Cetra, to the designated account of Party A on every 15th of each month (the date right after 15th when 15th of a certain month falls on Saturday, Sunday or any national holidays) during the contract period. Utility cost is exclusive of all applicable taxes, and the related taxes are to be borne by Party B. 2. The official rate of utilities determined by the agreement between Party A and IICC Limited(SPV) will be applied. 3. Upon conclusion of the Contract, Party B shall be responsible for maintaining the optimal condition of the F&B area and auxiliary spaces such as the kitchen, storage room and any other spaces pertaining to their F&B operation. All utility costs incurred by maintaining those areas shall be borne by Party B. 4. For clarification, the utilities to be provided at the F&B Outlet kitchens are electricity, cold water and ventilation. Gas and hot water will not be provided. 5. In case the Catering Service Provider of IICC chooses not to utilise the catering facilities defined in Table 2 below, Party B can choose to utilise the facilities for their operations instead. Exhibition Hall 1(EH 1) Catering Facilities 1,384 o B1F: 670sqm o GF: 280sqm o 1F: 434sqm Convention Centre Catering Facilities 461 o 5F Kitchen: 440sqm o 6F Pantry: 21sqm In such a case, Party B shall pay the fundamental rental/management fee for the catering facilities it utilises, which will be calculated using the formula below. - INR 200/sqm(Basic rental rate) x (Utilised Area) = (Monthly Rental) - FOR EXAMPLE : INR 200/sqm x 670sqm = INR one hundred thirty-four thousand(134,000) per month The minimum area of catering facilities Party B chooses to utilise shall be the entire facility on a single floor. Party B shall pay the fundamental rental for the catering facilities, among other costs, to Party A by the 15th of every month.
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Utility Cost. The Lessor and Lessee acknowledge that no utilities will be used during the Lease term.
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Utility Cost. 1. Party B shall pay the cost of utilities for use of the kitchen for their catering operations including, but not limited to electricity, water, waste management, heating, air-conditioning, etc., to the bank account designated by Party A on the 10th of each month for the duration of the contract period. Utility cost is inclusive of all applicable taxes. (Related taxes are to be borne by Party B) 2. The official rate of utilities which is determined by the agreement between Party A and IICC Limited shall be officially applied.
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Utility Cost. Repair costs for damages to premises and/or common areas above ordinary wear & tear.
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Related to Utility Cost

  • Utility Costs Tenant shall pay the whole cost for all utility services as invoiced to Tenant by City and for such other special services which it may require in the Premises, and Tenant hereby expressly waives the right to contest any utility rates.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • Construction Cost 3.1. Construction Cost does not include the fees of the ARCHITECT/ENGINEER and consultants, the cost of the land, rights- of-way, or other costs, which is the responsibility of the State as provided in Paragraphs 2.2 through 2.3. or any of the contingencies available for the project unless specifically stated otherwise. 3.2. Labor furnished by the State for the Project, however, with respect only to the construction of such components thereof as have been designed by the ARCHITECT/ENGINEER, shall be included in the Construction Cost at current market rates. Materials and equipment furnished by the State shall be included at current market prices, except that used materials and equipment shall be included as if purchased new for the Project.

  • MAINTENANCE OF THE SAID BUILDING / APARTMENT / PROJECT The Promoter shall be responsible to provide and maintain essential services in the Project till the taking over of the maintenance of the project by the association of the allottees. The cost of such maintenance has been included in the Total Price of the [Apartment/Plot].

  • Project Cost An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided: