| || with respect to utilities of the Premises (e.g. water, electricity, communication, equipment and broadband network), and shall bear relevant application and opening costs and the costs of separate metering devices. |
|10-1-2 || |
Party B shall bear all expenses incurred in connection with the usage of utilities (i.e. Utilities Expenses) as of the Delivery Date. The amount of Utilities Expenses shall be calculated according to the amount of utilities consumed as recorded by Party Bs separate metering devices.
|10-1-3 || |
Party B hereby acknowledges that Party A will be entrusted to collect electricity fees from Party B on behalf of competent utilities authority. The terms of payment and payment date of any electricity fees payable by Party B shall be subject to written notice of Party A and/or the Property Management Company. Party A shall have the right to adjust the standards for collection of electricity fee payments in accordance with the requirements of competent utilities authority.
Party B shall pay to Party A Utility Bond of the Premises on the execution date of this Contract. Utility Bond of the Premises shall be RMB see Commercial Terms for details in total, to be calculated at the rate of RMB see Commercial Terms for details per square meter of the Gross Floor Area.
If Party B defaults on the payment of any electricity fee of the Premises, then Party A shall have the right, but not the obligation, to offset Utility Bond against such payable and/or apply Utility Bond as an indemnity for any losses thus sustained by Party A. If the remainder of Utility Bond held by Party A after such offset and/or indemnity is less than the amount specified in this clause, Party B shall forthwith pay the shortfall to Party A upon Party As notice; provided, however, that Party B shall have no right to offset Utility Bond against any payable by it hereunder. Where this Contract terminates, Party A shall refund Utility Bond (upon deductions (if any) under this clause) in one lump sum to Party B on an interest free basis within thirty (30) days after Party B surrenders the Premises and submits the original receipt of Utility Bond and a copy of Party Bs account information for receipt of the refunded Utility Bond (stamped with Party Bs company seal).
|10-3 || |
HVAC Services During Unusual Working Hours
|10-3-1 || |
The HVAC system shall remain operational during the following time intervals (usual working hours):
From Monday to Friday: 8:00-18:30
Party B, if requires HVAC services during unusual working hours, shall submit a written request to Party A one (1) business day in advance (except for holidays or weekends), and shall pay the overtime HVAC charge thus generated at the rate as notified by Party A in writing.
|10-3-2 || |
Overtime HVAC charge of T2 Office Building
The VRV HVAC charge during unusual working hour of HVAC services shall be RMB 52/hour/room.
|10-4 || |
Use of Other Parts of the Office Building
If Party B desires to use any such location outside the Premises as advertising space, warehouse, exterior wall or parking lot (space) of the Office Building, Party B shall obtain Party As prior consent, enter into a separate lease contract or use agreement with Party A, and make payments to Party A for such use.
Clause 11 Performance Bond
|11-1 || |
At the time of execution of this Contract, Party B is required to pay to Party A the sum of