PARKING SPACES AND PARKING RENTAL Sample Clauses

PARKING SPACES AND PARKING RENTAL. The PARKING SPACES AND PARKING RENTAL provision of the Basic Lease Information in the Lease is hereby supplemented to add additional spaces and parking rental as follows:
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PARKING SPACES AND PARKING RENTAL. (if none, state “NONE”) Executive parking (1) 4 x $80/month $ 320.00 Reserved — covered (2) 6 x $60/month $ 360.00 Unreserved — uncovered or covered (3) 17 x $40/month $ 680.00 Total Monthly Parking Rental $ 1,360.00 The above Parking Spaces are calculated based on the following ratios: (i) executive parking spaces will be allocated based on 0.5 space per 1,000 square feet of usable area (rounded down for less than a full space; provided, however, Lessor has agreed to grant to Lessee a minimum of four (4) executive parking spaces as of the date of this Lease; provided further, however, the foregoing ratio shall apply in the event the square footage of the Premises is ever increased or decreased during the term hereof); (ii) covered reserved parking spaces will be allocated based on 1.0 spaces per 1,000 square feet of usable area (rounded down for less than a full space), and (iii) uncovered unreserved parking spaces will be allocated based on 2.5 spaces per 1,000 square feet of usable area (any number ending with .5 or less shall be rounded down, and greater than .5 shall be rounded up). (1) located below grade beneath the Building (see Article 25) (2) located in the P-l Parking Structure (See Article 25) (3) unreserved parking will be covered only if available, and Lessor shall have no duty or obligation to provide or ensure the availability of covered unreserved parking; uncovered parking spaces are located on the top floor of the P-1 Parking Structure. (4) NOTE: THESE RATES APPLY TO THE CURRENT CALENDAR YEAR AND MAY BE INCREASED DURING THE LEASE TERM — SEE ARTICLE 25 Lessor’s Broker: L▇▇ & Associates 3▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Lessee’s Broker: D▇▇▇ ▇▇▇▇▇▇▇ L▇▇ & Associates 3▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ The foregoing Basic Lease Information is part of this Lease. Each reference in this Lease to any of the Basic Lease Information shall mean the respective information set forth above, and any terms used in this Lease that are capitalized shall refer to the corresponding terms set forth above (e.g., “Lessor”, “Lessee”, “Tenant Improvement Allowance”, “Permitted Use”, etc.). In the event of a conflict, this Lease shall prevail. Lessee acknowledges that it has read and understands all of the provisions contained in the entire Lease and all Exhibits which are a part thereof, and agrees that this Lease, including the Basic Lease Information and all Exhibits, reflects the entire understanding and reasona...
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Related to PARKING SPACES AND PARKING RENTAL

  • Parking Spaces All fees, taxes, costs, charges and expenses for operating cleaning, painting, managing maintaining, up-keeping, repair, replacement, renovation, overhaul, in respect of the Parking Spaces and also on deployment of personnel and agency for its operation, security, protection and other purposes etc.

  • Parking Space The address required to find and physically park the Lessee’s vehicle is mandatory for this agreement to be valid. Section II. Term (7)

  • Premises Parking and Common Areas 2.1 Letting Lessor hereby leases to Lessee, and Lessee hereby leases from Lessor, the Premises, for the term, at the rental, and upon all of the terms covenants and conditions set forth in this Lease. Unless otherwise provided herein, any statement of square footage set forth in this Lease, or that may have been used in calculating rental and/or Common Area Operating Expenses, is an approximation which Lessor and Lessee agree is reasonable and the rental and Lessee's Share (as defined in Paragraph 1.6(b)) based thereon is not subject to revision whether or not the actual square footage is more or less.

  • Parking Area Developer shall provide a parking area for ADOT for at least 100 vehicles 27 (85 staff/15 visitors). The parking area must be reasonably level (all-weather surface and 28 all-weather access). The parking area must include an additional lockable fenced 29 parking area to accommodate 25 ADOT vehicles.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.