The tenant shall at all times comply with the rules, regulations, terms and conditions applicable to service, equipment, wiring and requirements of the public utility supplying electricity to the building.
An Alaska Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More is a contractual provision commonly included in real estate agreements or leases in the state of Alaska. This clause aims to address the representation of the existing electrical service in a property and the ability of the owner or tenant to obtain additional electrical service if needed. The Alaska Clause Dealing with Representations of Existing Electrical Service ensures that both parties involved in a real estate transaction have a clear understanding of the property's electrical infrastructure and any potential limitations it may have. It is crucial to have an accurate representation of the current electrical service to make informed decisions and avoid unexpected issues or expenses. The term "Alaska Clause" refers to the specific provision implemented in contracts within the state to comply with Alaska's unique conditions and regulations regarding electrical service. The clause may vary slightly depending on the specific agreement, but it generally covers the following aspects: 1. Existing Electrical Service Representation: This component of the clause requires the seller or lessor to accurately represent the current electrical service available on the property. It should indicate the voltage capacity, the number of electrical panels, and any existing restrictions or limitations. 2. Capability for Additional Electrical Service: The clause should address the ability of the buyer or lessee to obtain additional electrical service if required. Alaska's remote location and challenging terrain can sometimes pose limitations on the availability and feasibility of expanding electrical service. The clause may specify that any potential upgrade or modification is subject to feasibility studies, local regulations, utility company agreements, and any associated costs. 3. Due Diligence Period: It is common to include a due diligence period within the clause, allowing the buyer or lessee to investigate the existing electrical service and its capacity further. During this period, the interested party can hire professionals to conduct inspections, consultations with utility companies, and feasibility studies to assess the property's electrical capabilities. Different types of Alaska Clauses Dealing with Representations of Existing Electrical Service and the Ability to Obtain More may exist depending on the nature of the real estate transaction. For example: — Residential Property Clause: Specifically tailored for residential properties, this clause may include additional provisions regarding the minimum electrical service required for typical residential needs. — Commercial Property Clause: For commercial properties, the clause may address the minimum electrical service requirements for various types of businesses. It may also include provisions regarding the potential need for three-phase power or specific voltage capacities. — Industrial Property Clause: When dealing with industrial properties, the clause might cover critical aspects of electrical service required for heavy machinery, specialized equipment, or high-power consumption operations. Remember, the Alaska Clause Dealing with Representations of Existing Electrical Service and the Ability to Obtain More should be carefully drafted and reviewed by professionals to ensure it accurately reflects the intentions of the parties involved and complies with Alaska's regulations and practices.
