Common use of Additional Parking Clause in Contracts

Additional Parking. In the event that Lessee reasonably determines that additional parking needs to be constructed on the Property to accommodate the employee parking at the Property, then Lessee shall notify Lessor. Lessee and Lessor shall then negotiate in good faith for a period not to exceed thirty (30) days to resolve timing and costs for the construction of such additional parking, as required by Lessee. In the event that the parties are unable to resolve the timing and costs for construction of such additional parking, then Lessee shall be entitled to obtain all applicable permits for, and commence and complete construction of, such additional parking. In that event, the cost for such additional parking shall be at Lessee’s sole cost and expense.