Common use of Commercial Monthly Parking Stalls Clause in Contracts

Commercial Monthly Parking Stalls. For office, retail and commercial uses, up to thirty-six (36) parking stalls (“Commercial Parking”), but excluding Events parking. (1) The Commercial Parking need not be assigned or otherwise designated as reserved parking within the Lumberworks Parking Garage and may be located in any parking stalls allocated for monthly parkers. (2) The Commercial Parking shall be leased under parking permits issued by the City at the then-current monthly rates charged to other commercial monthly parkers in similarly situated garages or surface parking lots. Except as herein stated, the rights granted hereunder shall be similar to the commercial parking rights granted to commercial monthly parkers in similar City garages and in particular shall be subject to regular and timely payment of the parking charges as the same may from time to time be established or revised by the City. Redeveloper agrees that Redeveloper shall not charge its commercial tenants for use of said parking stalls a fee in excess of the rate paid by the Redeveloper.

Appears in 1 contract

Samples: Redevelopment Agreement

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Commercial Monthly Parking Stalls. For office, retail and commercial uses, up to thirty-six three (363) parking stalls (“Commercial Parking”), ) but excluding Events parking. (1) The Commercial Parking need not be assigned or otherwise designated as reserved parking within the Lumberworks Haymarket Parking Garage and may be located in any parking stalls allocated for monthly parkers. (2) The Commercial Parking shall be leased under parking permits issued by the City at the then-current monthly rates charged to other commercial monthly parkers in similarly situated garages or surface parking lots. Except as herein stated, the rights granted hereunder shall be similar to the commercial parking rights granted to commercial monthly parkers in similar City garages and in particular shall be subject to regular and timely payment of the parking charges as the same may from time to time be established or revised by the City. Redeveloper agrees that Redeveloper shall not charge its commercial tenants for use of said parking stalls a fee in excess of the rate paid by the Redeveloper.

Appears in 1 contract

Samples: Redevelopment Agreement

Commercial Monthly Parking Stalls. For Redeveloper will be allocated for office, retail and commercial uses, up to thirty-six thirty (3630) parking stalls (“Commercial Parking”), but excluding Events parking. (1) The Commercial Parking need not be assigned or otherwise designated as reserved parking within the Lumberworks Center Park Parking Garage and may be located in any parking stalls allocated for monthly parkers. (2) The Commercial Parking shall be leased under parking permits issued by the City at the then-current monthly rates charged to other commercial monthly parkers in similarly situated garages or surface parking lots. Except as herein stated, the rights granted hereunder shall be similar to the commercial parking rights granted to commercial monthly parkers in similar City garages and in particular shall be subject to regular and timely payment of the parking charges as the same may from time to time be established or revised by the City. Redeveloper agrees that Redeveloper shall not charge its commercial tenants for use of said parking stalls a fee in excess of the rate paid by the Redeveloper.

Appears in 1 contract

Samples: Redevelopment Agreement

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Commercial Monthly Parking Stalls. For office, retail and commercial uses, up to thirty-thirty six (36) parking stalls (“Commercial Parking”), but excluding Events parking. (1) The Commercial Parking need not be assigned or otherwise designated as reserved parking within the Lumberworks Parking Garage and may be located in any parking stalls allocated for monthly parkers. (2) The Commercial Parking shall be leased under parking permits issued by the City at the then-current monthly rates charged to other commercial monthly parkers in similarly situated garages or surface parking lots. Except as herein stated, the rights granted hereunder shall be similar to the commercial parking rights granted to commercial monthly parkers in similar City garages and in particular shall be subject to regular and timely payment of the parking charges as the same may from time to time be established or revised by the City. Redeveloper agrees that Redeveloper shall not charge its commercial tenants for use of said parking stalls a fee in excess of the rate paid by the Redeveloper.

Appears in 1 contract

Samples: Redevelopment Agreement

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