Common use of Parking Allocation Clause in Contracts

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.

Appears in 2 contracts

Sources: Sublease Agreement (Genocea Biosciences, Inc.), Sublease Agreement (Genocea Biosciences, Inc.)