GARAGE LICENSE Sample Clauses

GARAGE LICENSE. Tenant acknowledges that Landlord does not own or control the Garage, but rather leases spaces therein pursuant to a long-term license agreement with the City of Cambridge (the “Garage License”). Tenant acknowledges that Tenant’s parking privileges as described in this Article 10 in the Garage are a sublicense of Landlord’s rights under the Garage License, and are subject and subordinate in all respects to the Garage License. Landlord shall, if necessary, timely send any notice that may be required under the Garage License to obtain the additional 75 parking spaces allotted to the Building under the Garage License. Landlord agrees (“Landlord’s Parking Covenant”) (i) to comply with its obligations under the Garage License (ii) not to consent to a termination of the Garage License and (iii) to timely exercise any remaining options to renew the term of the Garage License. In the event that the Garage License is terminated or expires as the result of a breach of Landlord’s Parking Covenant, then, and as Tenant’s sole remedy, both in law and in equity, Landlord shall either (a) secure and provide to Tenant during the remainder of the Term of the Lease (as it may be extended), alternate parking spaces located no further than one-half (1/2) mile from the Building (in which event, the cost to Tenant of such alternate parking spaces shall not exceed the amount of Monthly Parking Charges which would have been payable by Tenant but for the termination of the Garage License), or (b) in the event Tenant secures its own replacement parking spaces, reimburse Tenant, during the remainder of the Term of the Lease (as it may be extended), the amount (if any) by which the cost of such replacement parking spaces exceeds Monthly Parking Charges which would have been payable by Tenant but for the termination of the Garage License. As set forth in Section 16.19(B), Landlord’s Self-Help Default (as defined below) shall include any defaults of Landlord under the Garage License after the giving of any applicable notice and the expiration of any applicable cure periods as provided in the Garage License.
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GARAGE LICENSE. In consideration of City’s various performances under this Tri-Party Implementation Agreement and other related agreements, commencing January 31, 2022, County hereby allows the exclusive use by City, and City hereby accepts exclusive use from County, two hundred thirty-five (235) two hundred thirty-eight (238) specifically designated parking spaces located on the fourth third and fifth floors of County Parking Structure Xx. 0, 000 Xxxxxxxxxxx Xxxx, Xxxxxxx Xxxx, Xxxxxxxxxx, representing a portion of APN 000-000-000 as depicted in Exhibit G attached hereto (“Garage License Area”) for the purpose of parking cars and light trucks awaiting retail sale (as further provided in this Section 11.b, “Garage License”). This Garage License shall continue until terminated by the expiration of 60 days from delivery of a written notice by County to City of the County’s intention to terminate the Garage License, which County may deliver at any time from and after January 31, 2023. No modifications may be made to the Garage License Area. City may sublicense its right to use the Garage License Area to auto dealerships with business premises in Redwood City. County, at its expense, shall install a lockbox at a mutually agreeable location near the entrance of the garage for exclusive use of City and its sublicensees and its and their permittees, including for purposes of storing garage entry key card(s) for use by car carrier delivery drivers delivering new car inventory during non-business hours. City shall at all times relieve, indemnify, protect and hold harmless, County, its officers, agents, employees, and servants from all claims, suits, or actions of every name, kind, and description resulting from the use or occupation of the Garage License Area; the acts or omissions of City, its officers, agents, employees, servants, invitees or permittees; or the failure of City, its officers, agents, employees, servants, invitees or permittees, to observe or abide by any of the terms, covenants and conditions of this Section 11.b or any applicable federal, state, county or municipal law, rule, or regulation, brought for, or on account of, any of the following resulting from the use or occupation of the Garage License Area: (a.) injuries to or death of any person, including City employees, officers, agents, invitees or permittees; or (b.) damage to any property of any kind whatsoever and to whomsoever belonging; or (c.) any other loss or cost, including but not limited to that cau...
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Related to GARAGE LICENSE

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