Common use of Use and Regulation of Parking Spaces Clause in Contracts

Use and Regulation of Parking Spaces. Subject to the terms of this Agreement, Tenant agrees to manage the use of the parking spaces within the Parking Facility consistent with its other public parking facilities; provided that Tenant’s use of the Parking Facility shall be limited to vehicular parking unless otherwise agreed to in writing by Landlord. Tenant shall have the right to regulate and establish hours of operation, rates or fess to be charged and term of use of the parking spaces. Prior to the Commencement Date and during the Term of this Agreement, Tenant shall at its sole cost and expense have the right to construct, install and maintain parking fee meter(s) and/or station equipment within the Parking Facility as necessary to charge for the individual Use of the parking spaces provided that Tenant shall exercise such right in a manner designed to minimize interference with Landlord’s use of the Parking Facility prior to the Commencement Date. Tenant’s charges for parking shall not begin prior to the Commencement Date. Promptly upon completion of the installation of parking fee meters or equipment as contemplated herein, Tenant shall repair any damage caused during such work. Such early entry shall be subject to all terms of this Lease including, without limitation, Tenant’s indemnity obligations contained in this Lease (except payment of Base Rent by Tenant). Tenant shall have the right to construct and install such parking fee meter(s) and/or station equipment prior to the Commencement Date with written notice to the Landlord.

Appears in 2 contracts

Sources: Ground Lease Agreement, Ground Lease Agreement

Use and Regulation of Parking Spaces. Subject to the terms of this Agreement, Tenant agrees to manage the use of the parking spaces within the Parking Facility consistent with its other public parking facilities; provided that Tenant’s use of the Parking Facility shall be limited to vehicular parking unless otherwise agreed to in writing by Landlord. Tenant shall have the right to regulate and establish hours of operation, rates or fess to be charged and term of use of the parking spaces. Prior to the Commencement Date and during the Term of this AgreementDate, Tenant shall at its sole cost and expense have the right to construct, install and maintain parking fee meter(s) and/or station equipment within the Parking Facility as necessary to charge for the individual Use of the parking spaces provided that Tenant shall exercise such right in a manner designed to minimize interference with Landlord’s use of the Parking Facility prior to the Commencement Date. Tenant’s charges for parking shall not begin prior to until the Commencement Date. Promptly upon completion of the installation of parking fee meters or equipment as contemplated herein, Tenant shall repair any damage caused during such work. Such early entry shall be subject to all terms of this Lease including, without limitation, Tenant’s indemnity obligations contained in this Lease (except payment of Base Rent by Tenant). Tenant shall have the right to construct and install such parking fee meter(s) and/or station equipment prior to the Commencement Date with written notice to the Landlord.

Appears in 2 contracts

Sources: Ground Lease Agreement, Ground Lease Agreement