Parking License. Section 17.1 Project..........................................................Section 1.1
Parking License. LICENSOR grants to LICENSEE (and LICENSEE’s employees, customers, and invitees), a revocable license for the non-exclusive access and use of the Licensed Premises, subject to the following terms and conditions:
Parking License. The Town hereby grants Licensee an exclusive revocable license (the “Parking License”) for vehicular parking by patrons of the Festivals. The Parking License is granted to Licensee for the Licensed Parking Area identified in Exhibit A. The Parking License shall be valid for each of the Parking License Terms as set forth in Section 3.2 of this Agreement.
Parking License. Landlord and Tenant acknowledge that Tenant and another tenant in the Building, Philips Electronics Realty, LLC, a Delaware limited liability company (“Philips”), are, simultaneously herewith, entering into that certain parking license in the form attached hereto as Exhibit A (the “Parking License”) whereby Tenant shall sublicense eight (8) parking spaces within the Building Garage from Philips (the “Licensed Parking Rights”). Notwithstanding anything to the contrary in the Parking License, (a) neither the Parking License nor this Second Amendment shall be deemed, nor are they intended, to grant to Tenant any rights whatsoever against Landlord with respect to the Licensed Parking Rights and (b) Tenant hereby acknowledges and agrees that its sole remedy for any alleged or actual breach of its rights in connection with the Parking License shall be solely against Philips, that it is not a third party beneficiary under the lease agreement between Philips and Landlord, and that it is not entitled to assert, against Landlord, any claims arising under the Parking License, whether in its own right, on behalf of Philips, by a purported assignment of Xxxxxx’s rights to the Licensed Parking Rights to Tenant, or otherwise. For administrative convenience, Tenant and Philips have agreed pursuant to the terms of the Parking License that Tenant shall pay when due directly to Landlord any fee due to Landlord for the Licensed Parking Rights during the term of the Parking License. Tenant acknowledges and agrees that (i) the fee due to Landlord for the Licensed Parking Rights during the term of the Parking License shall be the then prevailing rate from time to time established by Landlord (or its designated garage operator) for unreserved spaces in the Building Garage, (ii) such fee shall be paid to Landlord or Landlord’s designated garage operator on a monthly basis for each of the parking spaces granted pursuant to the Licensed Parking Rights, and (iii) Landlord’s agreement to receive such direct payments of such parking fees shall not cause Landlord to assume any of the duties, obligations and/or liabilities of Philips under the terms of the Parking License, nor shall such event impose upon Landlord the duty or obligation to honor the Licensed Parking Rights in the event of any termination of the Parking License.
Parking License. Pursuant to the terms of this Section 4.07, beginning on the Commencement Date (as hereafter defined), BBS shall have an irrevocable, perpetual license for use of one hundred twenty-seven (127) parking spaces in the Switch Garage ("Garage"), generally located at 0 Xxxxxxxxx Xxxxx, Xxxxxxx, Xxxxxxx 00000 ("Allocated Spaces"). The Allocated Spaces shall be from those provided to the City of Fishers pursuant to that certain Declaration of Covenants and Easements recorded in the Office of the Xxxxxxxx County, Indiana Recorder as Document No. 2014-035323 ("Declaration"). The Allocated Spaces shall be available to BBS from 7:00 a.m. to 5:30 p.m. Monday – Friday.
Parking License. Tenant, its agents, employees and invitees shall have a non-exclusive license, in common with Landlord and other tenants, to park automobiles in the parking areas of the Common Areas.
Parking License. Section 17.1 Prior Year CPI..............................................................................Section 4.1 Project.....................................................................................Section 1.1 -30-
Parking License a. Licensor hereby grants Licensee an exclusive license (the “Parking License”) for vehicular parking, by Licensee’s authorized faculty and staff between the hours of 8:00 a.m. and 12:00 p.m. Monday through Friday, on the two hundred fifty (250) parking spaces identified on said Exhibit “A” and (the “Parking License Area”). Licensor hereby grants Licensee a non- exclusive license (the “Parking License”) for vehicular parking, by Licensee’s authorized faculty and staff between the hours of 12:00 p.m. and 6:00 p.m. Monday through Friday, on the two hundred fifty (250) parking spaces identified on said Exhibit “A” (the “Parking License Area”). The Licensor further agrees that during the non-exclusive license period, Monday through Friday 12:00 p.m. to 6:00 p.m., parking in the Parking License Area by anyone other than a Permit holder of the Licensee will be limited to two hours of parking. Licensee agrees that holders of overnight parking permits may park within the Parking License Area between the hours of 6:00 p.m. and 7:45 a.m. Occupancy of the Parking License Area by an overnight parking permit holder after 7:45 a.m. will subject such overnight permit holder to ticketing.
b. The License Agreement is effective for an “Initial Parking License Term” of twenty years beginning on July 1, 2013 and ending on June 30, 2033. Upon completion of the Initial Parking License Term on June 30, 2033, the Parking License will expire without the necessity of any further documentation thereof, unless the Parking License is extended as hereafter provided. Licensee shall have the right to extend the Initial Parking License term for two (2) consecutive extension periods of ten (10) years each (each an “Extension Period” and collectively the “Extension Periods”). Licensee shall exercise each such Extension Period by delivering written notice to the Licensor no later than three (3) months prior to the expiration of the ten current term, nor sooner than twelve (12) months prior to the expiration of the then current term. Should Licensee fail to deliver written notice within such time period, then Licensee shall be deemed to have waived its right to exercise the Extension Period, and this License Agreement shall expire and be of no further force or effect at the end of the then current term.
c. In consideration of the payments by Licensee to Licensor provided for in the MOA, Licensee shall not be required to pay a license fee during the Initial Parking License Term. During the Ext...
Parking License. Landlord hereby grants a license to Tenant for the use by Tenant at the option of Tenant on an unreserved, unassigned basis of * standard size passenger vehicle parking stalls (the "Spaces") on the surface lot adjacent to the Building upon terms of the Lease and this License. Tenant's Spaces shall be located in the area of the surface lot marked on the diagram attached hereto as Exhibit G-1. Tenant shall have the right to designate visitor parking near its entrances at its discretion. The right to use such spaces is non-exclusive and is in common with others on a first-come, first-served basis (the "Parking Privileges"). In the event Tenant elects to construct a day care center in the Premises and in the event an outdoor play area may be required or desired in connection with the operation of such day care center, Tenant's Spaces will be reduced to provide such DC Play Area on the surface parking lot. Tenant shall be required to obtain Landlord's prior written consent to the location of such DC Play Area.
Parking License. Landlord grants Tenant a revocable license to park in common with other tenants of Landlord four (4) automobiles per 1000 RSF of space, in the parking facilities appurtenant to the Building. Four
