Common use of 5th Floor Vehicle Storage Area Clause in Contracts

5th Floor Vehicle Storage Area. i. The incumbent brands will be grandfathered as to the location of their vehicle storage areas, except that multi-branded bidders who are not currently co-located may elect to co-locate their brands into one of their current positions. ii. The number of vehicle storage spaces will be allocated according to the percentage of each brands bid divided into the aggregate total of all the MAGs. iii. The Airport reserves the right to use a portion of the 5th floor for parking of non- rental car company tenants. iv. Following the allocation of the remaining spaces on the 5th level, the incumbent operators will provide an allocation drawing to the Airport for its use.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs

5th Floor Vehicle Storage Area. i. The incumbent brands will be grandfathered as to the location of their vehicle storage areas, except that multi-branded bidders who are not currently co-located may elect to co-locate their brands into one of their current positions. ii. The number of vehicle storage spaces will be allocated according to the percentage of each brands bid divided into the aggregate total of all the MAGs. iii. The Airport reserves the right to use a portion of the 5th floor for parking of non- non-rental car company RAC tenants. iv. Following the allocation of the remaining spaces on the 5th level, the incumbent operators will provide an allocation drawing to the Airport for its use.

Appears in 1 contract

Samples: Lease Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!