Parking Facility Clause Samples
The Parking Facility clause defines the terms and conditions under which parking spaces are provided to tenants or occupants of a property. It typically outlines the number of spaces allocated, any associated fees, rules for use, and responsibilities for maintenance or liability. For example, it may specify whether parking is reserved or on a first-come, first-served basis, and if guests are permitted to use the facility. The core function of this clause is to set clear expectations regarding parking arrangements, thereby preventing disputes and ensuring orderly use of parking resources.
POPULAR SAMPLE Copied 1 times
Parking Facility. The Developer agrees that the Parking Facility is an Eligible Improvement that will be constructed on the City Parcel, and that the Parking Facility will be designed and built in accordance with the costs and design set forth in this Agreement and Exhibit
Parking Facility. 9.1. The Lessee shall, park authorized vehicles only in the spaces specifically earmarked/set aside, from time to time, by the Lessor for parking and subject to the payment of such parking fee as may be applicable.
9.2. The Lessor shall provide to the Lessee for its exclusive use, car parking spaces as stipulated in Item 17 of Schedule II during the term of lease. A detailed plan delineating the Car Parking Spaces is shown in Annexure “C” attached hereto.
9.3. In the event of the Lessee requesting additional car parking space, the Lessor shall, at its sole discretion and subject to availability, make the same available to the Lessee, at the rate stipulated in Item 18 of Schedule II during the term of lease. The Lessee shall pay the Additional Parking Fees to the Lessor along with the Lease Rent. For FAERY ESTATES PVT. LTD For Freshworks Technologies Private Limited Authorized Signatory Authorized Signatory Lessor’s initial Lessee’s initial 9.4. In the event the lease is renewed the Parking Fees and Additional Parking Fees shall, on the Escalation Dates set out in Items 18 of Schedule II be escalated proportionately to the escalation to the Initial Escalated Lease Rent and the Renewed Lease Rent on such dates respectively.
9.5. The Lessee agrees, after notice thereof, to abide by all rules, regulations and restrictions framed by the Lessor from time to time, and use its reasonable efforts to cause its employees, customers, guests, visitors, invitees, agents and servants to conform thereto. The Lessee shall, for security reasons, furnish to the Lessor, the vehicle registration numbers, License numbers and other details of the vehicles which are to be parked in the parking spaces set out in Annexure C.
9.6. The Lessee shall not be entitled to claim any vested right to any Car / two-▇▇▇▇▇▇▇ Parking Space.
9.7. It is clearly understood and expressly agreed by the Lessee that any security provided by the Lessor in the Parking area is general in nature, scope and intent, the Lessor neither covenants nor undertakes to secure, guarantee or be liable for the security or any damage caused to any vehicles parked in the building.
9.8. It is hereby clarified that the liability of the Lessee to pay Parking Fees under Clause 9.2 above shall commence from the Lease Rent Commencement Date and shall be payable in advance for each month together with the Lease Rent.
Parking Facility. 15.1 The Promoter represents that Planning Authority has approved 33 covered car parking spaces including 15 visitor car parking spaces and 115 open car parking spaces in ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Phase I. The Promoter represents that 33 covered car parking spaces will be earmarked by the Promoter for certain 3 BHK and 2 BHK units (Reserved Car Park).
15.2 The Allottee(s) agrees and understands that the Reserved Car Park earmarked to the Allottee(s) is due to the Unit allotted to the Allottee(s) and does not have any independent legal entity detached or independent from the said Unit. The Allottee(s) agrees not to sell/ transfer/ deal with the earmarked parking space independent of the Unit.
15.3 The Allottee(s) who has been earmarked with a Car Park undertakes to park his/ her car strictly in the Reserved Car Park earmarked for him and not anywhere else in the Whole Project. Reserved Car Park earmarked to the Allottee(s) shall be meant exclusively for parking his/her car and under no circumstances the Allottee(s) will be allowed to park his/her car anywhere else in the Whole Project. Further the Allottee(s) agrees that the Promoter or the Management Agency reserves the right to restrict the entry of additional vehicles owned by the Allottee(s) within the Whole Project. The Allottee(s) further agree that the Reserved Car Park, shall only be used as a vehicle parking slot and no construction of any nature, either permanent or temporary shall be raised thereon.
15.4 The Promoter further represents that Open Car parking spaces will be open for all the units excluding the units which are earmarked exclusive covered car parking spaces. The Allottee of such units who are not earmarked any car parking space will be allowed to park his vehicle in the open parking space on “first come first park basis” subject to availability of the parking spaces.
Parking Facility. It is expressly mentioned that no right to park any car or other vehicle has been agreed to be granted to the Allottee hereunder
Parking Facility. Parking area or garage with associated spaces and grounds intended for the parking of Vehicles.
Parking Facility. The garage and parking areas located at the Property and serving the Buildings.
Parking Facility. The Developer shall construct one (1) Parking Facility on the City Land in close proximity to the Hotel. The total number of parking spaces in the Parking Facility shall be 700 spaces unless a different number of spaces is approved in writing by the City. The total cost of the Parking Facility shall not exceed $[17,750,000.00] unless such increased cost is expressly approved by the City in writing. The City shall have the right to approve the Parking Facility Construction Plans.
Parking Facility. Landlord shall provide, operate and maintain parking accommodations (the "Parking Accommodations"), together with necessary access, having a capacity adequate in Landlord's opinion to accommodate the requirements of the Building and the Project. No storage of vehicles or parking for more than twenty-four (24) hours shall be allowed without Landlord's prior written consent. Tenant acknowledges and agrees that Landlord shall not be liable for damage, loss or theft of property or injury to a person in, upon or about the Parking Accommodations from any cause whatsoever. Landlord shall have the right to establish, and from time to time change, alter and amend, and to enforce against all users of the Parking Accommodations, such reasonable requirements and restrictions as Landlord deems necessary and advisable for the proper operation and maintenance of the Parking Accommodations, including, without limitation, designation of particular areas for reserved, visitor and/or employee parking, and establishment of a reasonable rental charge for the use of the Parking Accommodations by tenants of the Building, the Project and/or the general public, as a part of the Rules and Regulations of the Building referenced in Article 31 hereof.
Parking Facility car park including spaces and areas designated for parking vehicles;
Parking Facility. If City constructs a parking structure in the Port of Dubuque north of Third Street, upon completion of the parking structure, all rights of ▇▇▇▇▇▇-▇▇▇▇ and its employees as provided In Par. 12.4(2) shall transfer to the parking structure and such parking rights shall be exclusive to the parking structure. Such structure shall be constructed within 1,200 feet of the Property. This Escrow Agreement, dated , 2007 (Escrow Agreement) is entered into between ▇▇▇▇▇▇▇ ▇▇, LLC (DJ) and the City of Dubuque, Iowa (City).