Common use of Parking Pricing Clause in Contracts

Parking Pricing. Hourly parking pricing shall be market-based and adjusted periodically in an effort to ensure parking availability for Hotel guests and employees, commercial tenants and their employees and visitors during peak parking hours. If and when Developer makes any unused on-site commercial parking available for daily, weekly, or monthly lease to third parties in the surrounding area in need of parking in accordance with Section 2.7.2(i), Developer shall charge market rates.

Parking Pricing. Hourly parking pricing shall be market-based and adjusted periodically in an effort to ensure parking availability for Hotel guests and employees, commercial tenants and their employees and visitors during peak parking hours. If and when Developer makes any unused on-site commercial parking available for daily, weekly, or monthly lease to third parties in the surrounding area in need of parking in accordance with Section 2.7.2(i2.7.2(j), Developer shall charge market rates.