Common use of Appurtenant Rights; Parking Clause in Contracts

Appurtenant Rights; Parking. (a) Sublessee shall have, as appurtenant to the Subleased Premises and without additional charge or cost, rights to use in common with Sublessor and others entitled thereto Sublessor’s rights in driveways, walkways, lobbies, hallways, the loading dock, freight elevators, stairways, passenger elevators convenient for access to the Subleased Premises and the lavatories on Xxxxx 00, and all other Common Areas as set forth in the Prime Lease, all in accordance with the terms of the Prime Lease. (b) In addition, subject to the terms of the Prime Lease, Sublessee shall have the right to lease up to twenty (20) parking spaces in the Building garage allocated to Sublessor pursuant to the Prime Lease. On or before the Commencement Date, Sublessee must elect the number of parking spaces (not to exceed 20) that Sublessee elects to lease pursuant to this Section 3(b). Any parking spaces that Sublessee elects not to lease shall be forfeited by Sublessee and shall not thereafter be subject to this Sublease. All parking spaces shall be leased on an unassigned, unreserved basis, and Sublessee shall pay Sublessor, as additional rent, a sum for each parking space at the then prevailing market parking rates (which as of the date of this Sublease is $220.00/space/month). Sublessor shall cooperate with Sublessee to obtain parking passes from Prime Lessor.

Appears in 4 contracts

Samples: Sublease (Editas Medicine, Inc.), Consent to Sublease (Editas Medicine, Inc.), Consent to Sublease (Editas Medicine, Inc.)

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Appurtenant Rights; Parking. (a) Sublessee shall have, as appurtenant to the Subleased Premises and without additional charge or cost, rights to use in common with Sublessor and others entitled thereto Sublessor’s rights in driveways, walkways, lobbies, hallways, the loading dock, freight elevators, stairways, passenger elevators convenient for access to the Subleased Premises and the lavatories on Xxxxx 00, and all other Common Areas as set forth in the Prime LeaseLease other than the lavatories on Xxxxx 00, all in accordance with the terms of the Prime Lease. (b) In addition, subject to the terms of the Prime Lease, Sublessor leases to Sublessee shall have the right to lease up to twenty thirty-seven (2037) parking spaces in the Building garage allocated to Sublessor pursuant to the Prime Lease. On or before the Commencement Date, Sublessee must elect the number of parking spaces (not to exceed 20) that Sublessee elects to lease pursuant to this Section 3(b). Any parking spaces that Sublessee elects not to lease shall be forfeited by Sublessee and shall not thereafter be subject to this Sublease. All parking spaces shall be leased on an unassigned, unreserved basis, and Sublessee shall pay Sublessor, as additional rent, a sum for each parking space at the then prevailing market parking rates (which as of the date of this Sublease is $220.00215/space/month). Sublessor shall cooperate with Sublessee to obtain parking passes from Prime Lessor.

Appears in 1 contract

Samples: Sublease (Alnylam Pharmaceuticals, Inc.)

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