Sharing Space Clause Samples

The "Sharing Space" clause defines the terms under which multiple parties may use or occupy the same physical or virtual area. It typically outlines the rights and responsibilities of each party regarding access, usage times, maintenance, and any restrictions on activities within the shared space. For example, in a commercial lease, this clause might specify how common areas like lobbies or conference rooms are to be used by different tenants. Its core practical function is to prevent disputes and ensure smooth cohabitation by clearly allocating usage rights and obligations among the parties involved.
Sharing Space. The City encourages the conservation of the Public Rights of Way by the sharing of space among all utilities. To the extent required by federal or state law, the Company shall permit any other franchised entity, by appropriate contract or agreement negotiated by the parties, to use any and all Facilities constructed by the Company. All said agreements and installations shall be subject to all future ordinances, resolutions, rules, regulations, and policies of the City. The Company agrees that it will not grant any entity the right to occupy the Public Rights of Way without first giving written notice to the City and receiving written approval of the City.
Sharing Space. The City encourages the conservation of Public Rights of Way by the sharing of space among all utilities. To the extent permitted by federal or state law, Video Service Provider is encouraged to allow any franchised entity or other video service provider, by appropriate contract or agreement negotiated by the parties, to use any and all Facilities constructed by Video Service Provider. All said agreements and installations shall be subject to all future ordinances, resolutions, rules, regulations, and policies of the City. Video Service Provider agrees that it will not grant any entity the right to occupy the Public Right of Way without first giving written notice to the City and unless such grant or authorization complies with this Agreement.
Sharing Space. Initial:
Sharing Space. The Student Group Storage room is shared with other Student Groups. All members of the signing Student Group will:

Related to Sharing Space

  • 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)

  • 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.

  • Altona Area Allowance As of 1 March 2024 an Employee within a 8 km radius from the intersection of Kororoit Creek Road and Millers Road, Altona shall, when employed on chemical or petrochemical plants or on commercial or industrial construction jobs within 1 km of the nearest part of the perimeter of such plants or within the perimeter of storage tank farms, be paid an all- purpose allowance of $1.55 per hour extra. This allowance will be adjusted annually in accordance with CPI (All Groups, Melbourne) movements measured in the twelve month period ending the previous December quarter effective as of 1 March 2025 rounded to the nearest 5 cents.

  • Rentable Area 6.1. The term “Rentable Area” shall reflect such areas as reasonably calculated by Landlord’s architect, as the same may be reasonably adjusted from time to time by Landlord in consultation with Landlord’s architect to reflect changes to the Premises, the Building or the Project, as applicable.

  • Expansion Space As used in this paragraph, the term “Expansion Space” means any space in the Building which, at any time during the Lease Term, is occupied by a Person other than Landlord under a written lease with Landlord, and the term “Tenant’s Expansion Space” means Expansion Space which Tenant has elected to lease as provided in this paragraph. Landlord agrees to notify Tenant promptly after Landlord learns that any Expansion Space is or will become available. Subject to the prior rights of other tenants to whom Landlord has granted substantially similar rights, Tenant has the option to lease any Expansion Space which Landlord notifies Tenant is or will become available. If Tenant gives Landlord notice of its exercise of this option within thirty (30) days after notification from Landlord of the availability of the Expansion Space and if no Event of Default exists when Tenant’s notice is given, this Lease will be deemed to be amended to include Tenant’s Expansion Space as part of the Premises for the remainder of the Lease Term upon all of the same terms contained in this Lease except that (i) the Rentable Area of the Premises will be amended to include Tenant’s Expansion Space; (ii) Tenant’s Share will be increased to include the rentable area of Tenant’s Expansion Space; (iii) the Term Commencement Date with respect to Tenant’s Expansion Space will be the earlier of sixty (60) days after the date on which Tenant’s Expansion Space becomes vacant and ready for occupancy (provided that date is at least sixty (60) days after Tenant exercises its option to lease the Expansion Space), or the date on which the Expansion Space is first occupied by Tenant; (iv) if Tenant’s Expansion Space contains a rentable area of 10,000 square feet or more, and if there are less than three (3) Lease Years remaining in the Lease Term, the Lease Term will be extended to include three (3) full years from the Term Commencement Date with respect to Tenant’s Expansion Space; and (v) subject to adjustment during each Fixed Rental Period as provided in Exhibit E, Basic Rent for each year of the remaining Lease Term (as it may be extended) will be the greater of (a) the Basic Rent last paid by the Person most recently occupying Tenant’s Expansion Space or (b) Market Rent determined as provided in the Rent Rider attached as Exhibit E. If Tenant exercises this option, Tenant’s Expansion Space will be leased to Tenant in its “as is” condition and Tenant will, at its expense and in compliance with the provisions of Section 7.06, design and construct all Improvements desired by Tenant for its use and occupancy. Landlord and Tenant agree to execute such amendments to this Lease and other instruments as either of them considers necessary or desirable to reflect Tenant’s exercise of this option.