ADDITIONAL PARKING SPACE Clause Samples

The 'Additional Parking Space' clause defines the terms under which extra parking spaces beyond the standard allocation may be provided to a tenant or property user. Typically, this clause outlines the availability, location, and any associated fees or conditions for securing additional parking, such as monthly charges or priority assignment. Its core function is to clarify the process and costs for obtaining extra parking, thereby preventing disputes and ensuring both parties understand their rights and obligations regarding parking arrangements.
POPULAR SAMPLE Copied 1 times
ADDITIONAL PARKING SPACE. The tenant must make a request for additional parking spaces, which rates are established by the SHQ. However, the lessor does not have the obligation to provide parking spaces for every additional vehicle. Exchanging or subletting a parking space is not permitted without the lessor’s written consent. Any parking space used without authorization will be charged retroactively to the tenant who allowed such use.
View SourceView Similar (2)
ADDITIONAL PARKING SPACE. Commencing on July 16, 1997, Tenant shall be entitled to occupy one additional reserved parking space on the P-2 level of the Building garage upon the terms set forth in Section 2.2.1 of the Lease. The foregoing additional parking space shall be treated in all respects as one of the Parking Spaces, and Tenant shall pay additional rent therefor at the rate set forth in Section 2.5 of the Lease.
View Source
ADDITIONAL PARKING SPACE. During the lst Expansion Premises Term, in addition to any other parking spaces to which Tenant is entitled under the Lease, Tenant shall have the right, on a non-exclusive basis, to use one (1) additional unassigned, unreserved parking space in the 15th & Tremont parking garage (the “Additional Parking Space”) for parking at the prevailing rates, currently $160 per month for each unreserved parking space in the 15th & Tremont parking garage. The prevailing rates mean base rates being charged from time to time by Landlord or its parking operator to other tenants for similar parking rights without consideration of any discounts. Tenant must elect to use the Additional Parking Space on or before the 1st Expansion Premises Commencement Date. If Tenant fails to timely make such election, Landlord shall be free to lease or re-lease the Additional Parking Space from time to time to anyone to whom Landlord desires on any terms Landlord desires. Tenant’s use of the Additional Parking Space shall be subject to the terms and conditions of the Lease, including, without limitation, Landlord’s parking rules and regulations promulgated thereunder.
View Source
ADDITIONAL PARKING SPACE. Should the Lessee require a number of parking spaces in addition to the number of parking space made available to the Lessee, the Developer will verify if such number of parking spaces is available. Should the Developer determine that the parking spaces are available, then it will proceed to award them to the Lessee. The Developer will charge forty Dollars (US$40.00) per month for each additional parking space granted.
View Source
ADDITIONAL PARKING SPACE. Landlord may, in Landlords sole discretion, provide additional parking spaces for use by TP, and Tenant's customers and invitees on a daily or monthly basis at landlords then-current Parking Rate. Landlord may make ,net Tpnnnt'c riictnmPrc nntl in-4ppe nn n indir nr mnntbIxi bncic nt I nnrlln~,Tc t1,Pn_oii-Pnt P~rl-i"a Pntp T nmil-l m- mnl [GRAPHIC OMITTED][GRAPHIC OMITTED]
View Source

Related to ADDITIONAL PARKING SPACE

  • Parking Space The address required to find and physically park the Lessee’s vehicle is mandatory for this agreement to be valid. Section II. Term (7)

  • Parking Spaces All fees, taxes, costs, charges and expenses for operating cleaning, painting, managing maintaining, up-keeping, repair, replacement, renovation, overhaul, in respect of the Parking Spaces and also on deployment of personnel and agency for its operation, security, protection and other purposes etc.

  • Additional Space Commencing on May 1, 2001, Sublessor herein grants unto the Sublessee a Right of First Refusal on any space that shall be and/or becomes available in the building during the remaining Term of this Sublease. Prior to May 1, 2001 and thereafter prior to the first day of May of any calendar year during the remaining Term hereof, Sublessor shall notify Sublessee by written notice of the availability of any such space in the building. Should Sublessee desire to exercise its Right of First Refusal and sublease such available space, Sublessee must notify Sublessor in writing of its desire to sublease the available space within seven (7) calendar days of Sublessee's receipt of Landlord's notice of availability. Within thirty (30) days of the receipt of Sublessee's notice exercising the right to sublease such available space, Sublessee and Sublessor shall enter into an amendment of this agreement setting forth the terms under which the additional space is subleased to Sublessee. The Base Rental shall be at a rental mutually agreed between Sublessee and Sublessor. Failure by Sublessee to exercise its Right of First Refusal within said seven (7) calendar day period, or if exercised, failure to enter into an amendment of this agreement within thirty (30) days of Sublessor's receipt of Sublessee's notice, shall be deemed a waiver of such right and Sublessor shall thereafter be free of any obligation under this Article 2.04 for a period of 12 months. Any exercise by Sublessee of this Right of First Refusal shall be for a minimum of 5,000 rental square feet.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.