Parking Allocation Sample Clauses

The Parking Allocation clause defines how parking spaces are assigned and managed within a property or facility. It typically outlines the number of spaces available to each party, any restrictions on use (such as designated spots or visitor parking), and procedures for changes or disputes regarding parking. This clause ensures that all parties have clear expectations regarding parking rights, helping to prevent conflicts and confusion over space usage.
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Parking Allocation. Fifteen (15) parking passes based on the ratio of 3.3 parking spaces for each 1,000 rentable square feet of Rentable Area in the Leased Premises.
Parking Allocation. As of the Expansion Date, Tenant’s parking allocation is changed from 2 parking spaces per 1,000 leasable square feet of the Premises (32 parking spaces on the basis of the Original Space) to 2 parking spaces per 1,000 leasable square feet of the Original Space and 1.5 parking spaces per 1,000 leasable square feet of the Expansion Space (i.e., 11 parking spaces), for a total of 43 parking spaces.
Parking Allocation. Tenant, in consideration of leasing the Leased Premises, is hereby entitled to outdoor parking spaces, which shall be unassigned, and seven (7) covered parking spaces as identified on the plan annexed hereto as Exhibit “I,” which covered parking spaces shall be inclusive of any covered parking spaces occupied by Tenant pursuant to any other lease with Landlord for premises in the Building, and which total number of covered parking spaces shall increase up to Tenant’s Proportionate Share of the total number of covered parking spaces when and if same become available to Landlord upon vacancy, and Landlord shall make reasonable efforts to recapture covered spaces, but shall have no obligation to do so; any additional parking spaces required or used by Tenant shall only be available after obtaining Landlord’s prior approval. Landlord shall ▇▇▇▇ the covered parking spaces which are assigned as of the Commencement Date to Tenant, and will ▇▇▇▇ such covered parking spaces assigned to Tenant at future times during the Term. Landlord shall have, in its absolute discretion, the right to assign parking spaces. Landlord agrees to limit future tenants and/or occupants at the Building to the use of a number of parking spaces at the rate of three (3) per 1,000 rentable square feet leased by each such future tenant or occupant; provided, however, that, in the event that: (a) Landlord, in the reasonable exercise of its discretion, determines that the site is underparked; or (b) Landlord provides additional or alternative parking, whether on the Property or off-site (provided, however, that Tenant shall not be required to utilize any off-site parking), then, in either such event, Landlord shall not be required to enforce such ratio, or to limit future tenants or occupants to such ratio. Tenant covenants and agrees to comply with all reasonable rules and regulations, which Landlord may from time to time make to assure proper use of parking spaces by, permitted users, including but not limited to the prohibition of overnight parking. Landlord’s remedies under such rules and regulations may include, but shall not be limited to, the right to tow away at owner’s expense any vehicles not parked in compliance with these rules and regulations. Landlord shall not be responsible to Tenant for the non-compliance or breach by any other tenant of said rules and regulations. Parking may be provided by a parking contractor selected by Landlord. Landlord agrees to restrict the tenant parki...
Parking Allocation. Effective upon the date on which Landlord delivers possession of Floor 35 to Tenant, Tenant’s parking allocation under Section 1.1(t) and Section 27 of the Lease shall be increased by Fourteen (14) unreserved stalls.
Parking Allocation. Thirty-one (31) parking spaces based on the ratio of 3.15 spaces per 1,000 square feet of Rentable Area in the Leased Premises. Parking shall be free of additional separate charge for parking during the term (as such term may be extended).
Parking Allocation. Subject to EXHIBIT F, at full occupancy, Tenant shall have 42 standard parking spaces (uncovered and unreserved) and 12 covered/reserved spaces at no additional charge. Commencing on April 1, 2011, Tenant shall have the use of 24 standard/uncovered/unreserved parking spaces and 6 covered/reserved parking spaces. For each additional 500 sq. ft. occupied the parking allocation shall increase by 3 standard spaces and 1/2 covered/reserved space.
Parking Allocation. Section 10 of the Third Amendment is hereby deleted. Section 10 of the Fourth Amendment is replaced in its entirety with the following: “Parking; Signage. Section 19 of the Lease is hereby amended so that Tenant may utilize up to 396 unassigned parking spaces within the Project at no charge. Effective as of the 1601 Space Commencement Date, Section 19 of the Lease is hereby amended so that Tenant may utilize up to 509 unassigned parking spaces within the Project at no charge. Effective as of the “Start Date” for Suite 100 of the 1701 Space, Section 19 of the Lease is hereby amended so that Tenant may utilize up to 12 additional unassigned parking spaces within the Project at no charge. Effective as of the “Start Date” for Suite 125 of the 1701 Space, Section 19 of the Lease is hereby amended so that Tenant may utilize up to 7 additional unassigned parking spaces within the Project at no charge. Effective as of the “Start Date” for Suite 150 of the 1701 Space, Section 19 of the Lease is hereby amended so that Tenant may utilize up to 3 additional unassigned parking spaces within the Project at no charge. Effective as of the “Start Date” for Suites 115 and 200 of the 1701 Space, Section 19 of the Lease is hereby amended so that Tenant may utilize up to 156 additional unassigned parking spaces within the Project at no charge. Accordingly, following the “Start Dates” for all 1701 Space and 1601 Space, Tenant may utilize up to 687 unassigned parking spaces within the Project at no charge. Notwithstanding anything in the Lease to the contrary, including but not limited to Section 1.3(g) of the Lease, Landlord may enter parking agreements with an affiliate of Landlord that owns property adjacent to the east of the Project commonly known as ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ (the “BTS Site”) to permit a parking allocation for the buildings at the Project (other than the building located at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇) and the BTS Site of three (3) spaces per 1,000 square feet of building area (the “Targeted Parking Allocation”). Notwithstanding the foregoing and anything to the contrary contained herein, the parking allocation for the building located at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ shall be two (2)
Parking Allocation. Facilitation for allocation of Parking Lot No.for the above apartment may be provided which may be confirmed by organization of apartment owners.
Parking Allocation. As of the Substitution Effective Date, Tenant's Parking Allocation set forth in Section 1.17 of the Original Lease, as amended by Section 8 of the First Amendment, shall be ninety-seven (97) parking spaces.
Parking Allocation. The Base Building Work to be constructed by Landlord under Exhibit B includes the first phase of Garage B and certain surface parking spaces along the Project roadways as indicated on the “Phase 2A” portion of the Preliminary Plans. The Preliminary Plans for the Initial Site Work (which is part of the Base Building Work described under Exhibit B) indicate approximately 1,047 parking spaces in the first phase of Garage B and approximately 14 surface parking spaces (for a total of approximately 1,061 parking spaces for the Initial Site Work hereunder), subject to final design and striping under Exhibit B. Accordingly, the parking spaces that are initially allocated to the Building under this Section 2.2(b) shall consist of (x) the number