Common use of Utility Payments Clause in Contracts

Utility Payments. If the Lessor demands that the Lessee pay for master metered public utility services, the Lessor acknowledges that they provided the Lessee with a copy of the formula used to allocate the public utility payments among the tenants. This is to satisfy 765 ILCS 740/5(a).

Appears in 2 contracts

Sources: Commercial Lease Agreement, Commercial Lease Agreement