utility stop

utility stop

A cap on the utility expenses used to calculate a tenant's pro rata share of building operating expenses.It may be desired as a lease term by a small-space user who does not wish to assist in paying the power bills for a large user with seemingly excessive utility needs disproportionate to the space it is occupying.

References in periodicals archive ?
While the utility stops short of concluding in the documents that the venting had failed, the TEPCO source said the maneuver is deemed to have failed on both occasions.
Community opposition is building against the hike, and rebellious Northwest Valley Councilman Greig Smith wants an independent audit of the DWP's finances to make sure there's no rate increase until the utility stops its wasteful spending and giveaways.
Many consumers have access to a retailer for the first time; the utility stops its money drain and may turn a profit, and the chain creates incremental business and scores a publicity coup, he said.