Common use of Parking and Loading Clause in Contracts

Parking and Loading. [Are these parking provisions applicable?] Landlord herby licenses to Tenant, for the use of Tenant, its faculty, administrators, students and their families, and their respective licensees and invitees, for no additional consideration, (a) not less than twenty (20) parking spaces in the existing parking lot on the Property and (b) a pick-up and drop-off zone in the front of the Northern entrance of the alley to be available at pick-up and drop-off times. Each year after the 2020-2021 school year, four additional parking spaces will be added until school reaches full enrollment in 2025-26 when 40 parking spaces will be allocated.

Parking and Loading. [Are these parking provisions applicable?] Landlord herby licenses to Tenant, for the use of Tenant, its faculty, administrators, students and their families, and their respective licensees and invitees, for no additional consideration, (a) not less than twenty (20) parking spaces in the existing parking lot on the Property and (b) a pick-up and drop-off zone in the front of the Northern entrance of the alley to be available at pick-up and drop-off times. Each year after the 2020-2021 school year, four additional parking spaces will be added until school reaches full enrollment in 2025-26 when 40 parking spaces will be allocated.