Common use of Parking Garage Clause in Contracts

Parking Garage. 18.1. The Lessee represents that it is aware that the Building houses a parking garage for private and commercial vehicles up to 3 tons and a maximum height of 2.2 meters that is designated for the use of the Building’s tenants and the public. However, the public garage shall not be included in the Building’s Public Areas (in order to calculate the Lessee’s pro rata share for Management Fee purposes – see section 11.10 above). The Lessee shall have the right to lease parking spaces in the parking garage from the Lessor in consideration of parking rental fees to be paid on a per parking space basis, as set forth in Appendix J to this Agreement. For the removal of doubt, it is hereby clarified that parking rights shall be allocated to a particular vehicle in a specific and defined parking space (to be determined by the Lessor and/or the Management Company). In addition to any other payment it is obligated to make under this Agreement, the Lessee undertakes to deposit a certain amount with the Lessor in connection with the remote controls to be provided to the Lessee for its use of the parking garage, as set forth in Appendix J. 18.2. The Lessor shall have the right, at its absolute discretion and subject to applicable law, to elect from time to time to operate the parking garage as a lot for hire, whether independently or through others, including be means of the Management Company, or to lease the parking garage to a subcontractor for its operation as a lot for hire. However, it is hereby clarified that the Lessee shall pay the parking rates as set forth in Appendix J. Moreover, the Lessor shall be entitled to determine terms of use and entry and exit operations for the parking garages, and to amend these terms and operational instructions from time to time, and the Lessee undertakes to use the parking spaces in accordance with such terms. 18.3. Subject to applicable law, the Lessee shall be solely responsible for its use of the parking garage. The Lessor and/or the Management Company and/or anyone acting on their behalf shall have no liability whatsoever for any loss or damage to vehicles entering the parking garage or to the effects found therein.

Parking Garage. 18.1Subject to the terms and conditions contained in this Section 58 and elsewhere in this Lease, commencing on the Commencement Date, Tenant shall have a license to use, throughout the Term, as the same may be extended, up to 0.80 parking spaces per 1,000 rentable square feet leased by Tenant hereunder (the “Parking Ratio”), in the Parking Garage, which Landlord and Tenant acknowledge and agree shall mean up to fourteen (14) parking spaces on the Commencement Date. The Lessee represents that it Tenant may increase or decrease the number of parking spaces licensed by Tenant hereunder (subject to the Parking Ratio) at any time upon at least sixty (60) days’ prior written notice to Landlord. All parking spaces licensed by Tenant hereunder shall be at the then current market rate for the Center Plaza Parking Garage (the “Parking Garage”), which market rate is aware currently (a) $525.00 per space per month for unreserved spaces and (2) $620.00 per space per month for reserved spaces. Tenant acknowledges and agrees that the Building houses a operator of the Parking Garage may rearrange the configuration of any parking garage for private spaces, and commercial vehicles up to 3 tons and a maximum height otherwise change or alter the Parking Garage in any manner whatsoever, so long as Tenant is not deprived of 2.2 meters that is designated for the use of the Building’s tenants parking spaces to which Tenant is entitled pursuant to the Parking Ratio. Landlord does not assume any responsibility for, and the public. However, the public garage shall not be included liable for, any damage, loss or theft (of any nature whatsoever) to or of any automobiles or other vehicles, or any contents or other personal property located therein, while in or about the Building’s Public Areas (in order to calculate Parking Garage. Tenant shall make all payments of the Lessee’s pro rata share for Management Fee purposes – see section 11.10 above). The Lessee shall have monthly parking fee associated with the right to lease parking spaces in licensed hereunder directly to the parking garage from operator of the Lessor in consideration Parking Garage at such time, place, and manner as the operator of parking rental fees to be paid on a per parking space basis, as set forth in Appendix J to this Agreement. For the removal of doubt, it is hereby clarified that parking rights shall be allocated to a particular vehicle in a specific and defined parking space (to be determined by the Lessor and/or the Management Company)Parking Garage may reasonably require. In addition to any other payment it is obligated to make under this Agreement, the Lessee undertakes to deposit a certain amount no event may Tenant assign its rights hereunder with the Lessor in connection with the remote controls to be provided respect to the Lessee for its use of the parking garage, as set forth in Appendix J. 18.2. The Lessor shall have the right, at its absolute discretion and subject spaces to applicable law, to elect from time to time to operate the parking garage as a lot for hire, whether independently or through others, including be means of the Management Company, or to lease the parking garage any third party except with respect to a subcontractor for its operation as a lot for hire. However, it is hereby clarified that the Lessee shall pay the parking rates as set forth in Appendix J. Moreover, the Lessor shall be entitled to determine terms of use and entry and exit operations for the parking garages, and to amend these terms and operational instructions from time to time, and the Lessee undertakes to use the parking spaces permitted Transfer in accordance with such termsSection 17 above. 18.3. Subject to applicable law, the Lessee shall be solely responsible for its use of the parking garage. The Lessor and/or the Management Company and/or anyone acting on their behalf shall have no liability whatsoever for any loss or damage to vehicles entering the parking garage or to the effects found therein.

Parking Garage. 18.1Subject to the terms and conditions contained in this Section 58 and elsewhere in this Lease, commencing on the Commencement Date, Tenant shall have a license to use, throughout the Term, as the same may be extended, up to 0.80 parking spaces per 1,000 rentable square feet leased by Tenant hereunder (the “Parking Ratio”), in the Parking Garage, which Landlord and Tenant acknowledge and agree shall mean up to fourteen (14) parking spaces on the Commencement Date. The Lessee represents that it Tenant may increase or decrease the number of parking spaces licensed by Tenant hereunder (subject to the Parking Ratio) at any time upon at least sixty (60) days’ prior written notice to Landlord. All parking spaces licensed by Tenant hereunder shall be at the then Current market rate for the Center Plaza Parking Garage (the “Parking Garage”), which market rate is aware currently (a) $525.00 per space per month for unreserved spaces and (2) $620.00 per space per month for reserved spaces. Tenant acknowledges and agrees that the Building houses a operator of the Parking Garage may rearrange the configuration of any parking garage for private spaces, and commercial vehicles up to 3 tons and a maximum height otherwise change or alter the Parking Garage in any manner whatsoever, so long as Tenant is not deprived of 2.2 meters that is designated for the use of the Building’s tenants parking spaces to which Tenant is entitled pursuant to the Parking Ratio. Landlord does not assume any responsibility for, and the public. However, the public garage shall not be included liable for, any damage, loss or theft (of any nature whatsoever) to or of any automobiles or other vehicles, or any contents or other personal property located therein, while in or about the Building’s Public Areas (in order to calculate Parking Garage. Tenant shall make all payments of the Lessee’s pro rata share for Management Fee purposes – see section 11.10 above). The Lessee shall have monthly parking fee associated with the right to lease parking spaces in licensed hereunder directly to the parking garage from operator of the Lessor in consideration Parking Garage at such time, place, and manner as the operator of parking rental fees to be paid on a per parking space basis, as set forth in Appendix J to this Agreement. For the removal of doubt, it is hereby clarified that parking rights shall be allocated to a particular vehicle in a specific and defined parking space (to be determined by the Lessor and/or the Management Company)Parking Garage may reasonably require. In addition to any other payment it is obligated to make under this Agreement, the Lessee undertakes to deposit a certain amount no event may Tenant assign its rights hereunder with the Lessor in connection with the remote controls to be provided respect to the Lessee for its use of the parking garage, as set forth in Appendix J. 18.2. The Lessor shall have the right, at its absolute discretion and subject spaces to applicable law, to elect from time to time to operate the parking garage as a lot for hire, whether independently or through others, including be means of the Management Company, or to lease the parking garage any third party except with respect to a subcontractor for its operation as a lot for hire. However, it is hereby clarified that the Lessee shall pay the parking rates as set forth in Appendix J. Moreover, the Lessor shall be entitled to determine terms of use and entry and exit operations for the parking garages, and to amend these terms and operational instructions from time to time, and the Lessee undertakes to use the parking spaces permitted Transfer in accordance with such termsSection 17 above. 18.3. Subject to applicable law, the Lessee shall be solely responsible for its use of the parking garage. The Lessor and/or the Management Company and/or anyone acting on their behalf shall have no liability whatsoever for any loss or damage to vehicles entering the parking garage or to the effects found therein.