Common use of Utility Deregulation Clause in Contracts

Utility Deregulation. Notwithstanding anything to the contrary set forth in the Lease, Operating Expenses shall include, to the extent permitted by applicable laws, a fee for the services provided by Landlord in connection with the selection of utility companies and the negotiation and administration of contracts for electricity, provided that such fee shall not exceed 50% of any savings obtained by Landlord.

Appears in 1 contract

Sources: Lease (Access Integrated Technologies Inc)

Utility Deregulation. Notwithstanding anything to the contrary set forth in the this Lease, Operating Expenses Costs shall include, to the extent permitted by applicable laws, a fee for the services provided by Landlord in connection with the selection of utility companies and the negotiation and administration of contracts for electricity, provided that such fee shall not exceed fifty percent (50% %) of any savings obtained by Landlord.

Appears in 1 contract

Sources: Lease Agreement (Crossworlds Software Inc)