Net Increases and Decreases. If the Owner of any Parcel modifies the improvements on its own Parcel so that there is an increase in the number of legally compliant parking spaces on such Owner's Parcel (excluding parking spaces within an Exclusive Parking Zone), then, subject to Manager's reasonable review and approval, the maximum number of parking spaces that may be used by such Owner and its Tenants and any other person claiming use rights by or through such Owner at any one time as set forth in the table in Schedule 3 to this Agreement shall be increased by a corresponding number; and if the Owner of any Parcel modifies the improvements on its own Parcel, following a written request by the majority of the Tenants on such Parcel to modify the improvements on such Parcel and with Manager's reasonable approval as required herein, so that there is a decrease in the number of legally compliant parking spaces on such Owner's Parcel (excluding parking spaces within an Exclusive Parking Zone) without replacing them at another location, then the maximum number of parking spaces that may be used by such Owner and its Tenants and any other person claiming use rights by or through such Owner at any one time as set forth in the table in Schedule 3 to this Agreement shall be decreased by a corresponding number; provided, however, the phrase "following a written request by the majority of the Tenants on such Parcel to modify the improvements on such Parcel and" in this sentence above shall only apply to any Parcel for so long as Cisco Systems, Inc. or any "Tenant Affiliate" continues as a tenant on such Parcel pursuant to its existing lease, dated September 16, 2013, pertaining to such Parcel.
Appears in 2 contracts
Samples: Reciprocal Easement Agreement (Forescout Technologies, Inc), Reciprocal Easement Agreement (Forescout Technologies, Inc)
Net Increases and Decreases. If the Owner of any Parcel modifies the improvements on its own Parcel so that there is an increase in the number of legally compliant parking spaces on such Owner's ’s Parcel (excluding parking spaces within an Exclusive Parking Zone), then, subject to Manager's ’s reasonable review and approval, the maximum number of parking spaces that may be used by such Owner and its Tenants and any other person claiming use rights by or through such Owner at any one time as set forth in the table in Schedule 3 to this Agreement shall be increased by a corresponding number; and if the Owner of any Parcel modifies the improvements on its own Parcel, following a written request by the majority of the Tenants on such Parcel to modify the improvements on such Parcel and with Manager's ’s reasonable approval as required herein, so that there is a decrease in the number of legally compliant parking spaces on such Owner's ’s Parcel (excluding parking spaces within an Exclusive Parking Zone) without replacing them at another location, then the maximum number of parking spaces that may be used by such Owner and its Tenants and any other person claiming use rights by or through such Owner at any one time as set forth in the table in Schedule 3 to this Agreement shall be decreased by a corresponding number; provided, however, the phrase "“following a written request by the majority of the Tenants on such Parcel to modify the improvements on such Parcel and" ” in this sentence above shall only apply to any Parcel for so long as Cisco Systems, Inc. or any "“Tenant Affiliate" ” continues as a tenant on such Parcel pursuant to its existing lease, dated September 16, 2013, pertaining to such Parcel.
Appears in 2 contracts
Samples: Reciprocal Easement Agreement (Silver Spring Networks Inc), Reciprocal Easement Agreement (Silver Spring Networks Inc)