Common use of Parking Passes Clause in Contracts

Parking Passes. From and after the Rent Commencement Date, the Landlord shall provide Parking Passes (as defined in Exhibit A) for use by the Tenant’s employees in accordance with the provisions of this Section 2.4, and in the 00 Xxxxxxxx Xxxxxx garage as designated on Exhibit C-2. Landlord reserves the right to relocate some or all of Tenant’s parking spaces to other parking garages within University Park, which relocation right shall not be exercised by Landlord more than twice in any twelve (12)-month period. The Tenant agrees that it and all persons claiming by, through and under it, shall at all times abide by the Rules and Regulations with respect to the use of the parking facilities provided by the Landlord pursuant to this Lease. The Landlord acknowledges that it is the Landlord’s responsibility to assure Tenant that holders of Parking Passes who comply with the Rules and Regulations are able to park their motor vehicles in the designated parking facilities within the Park. The Tenant acknowledges that the parking facilities within the Park may be owned by an entity other than Landlord. In no event are Parking Passes transferable other than to the holder, from time to time, of the tenant’s interest under this Lease or a subtenant that has been demised all or a portion of the Premises in conformity with the requirements of this Lease. Parking Passes are limited to use by employees of either of the foregoing.

Appears in 2 contracts

Samples: Lease Agreement (Fulcrum Therapeutics, Inc.), Lease Agreement (Fulcrum Therapeutics, Inc.)

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Parking Passes. From and after the Rent Commencement Date, the Landlord shall provide Parking Passes (as defined in Exhibit A and in the quantity specified in Exhibit A) for use by the Tenant’s employees in accordance with the provisions of this Section 2.4, and in the 00 Xxxxxxxx Xxxxxx garage as designated on Exhibit C-2. Landlord reserves the right to relocate some or all of Tenant’s parking spaces to other the parking garages garage located at 80 Landsdowne (also within University Park, which relocation right shall not be exercised by Landlord more than twice in any twelve (12)-month period). The Tenant agrees that it and all persons claiming by, through and under it, shall at all times abide by the Rules rules and Regulations regulations with respect to the use of the parking facilities provided by the Landlord pursuant to this Lease. If there are any conflicts between the provisions of such rules and regulations and any provisions of this Lease, the provisions of this Lease shall govern. The Landlord acknowledges that it is the Landlord’s responsibility to assure Tenant that holders of Parking Passes who comply with the Rules and Regulations are able to park their motor vehicles in the designated parking facilities within the Park. The Tenant acknowledges that the parking facilities within the Park may be owned by an entity other than Landlord. The parking spaces relating to the Parking Passes shall be accessible twenty four (24) hours per day, seven (7) days per week. In no event are Parking Passes transferable other than to the holder, from time to time, of the tenant’s interest under this Lease or a subtenant that has been demised all or a portion of the Premises in conformity with the requirements of this Lease. , and use of the Parking Passes are Pass is limited to use by employees employees, business invitees and visitors of either of the foregoing.. The charge for each Parking Pass shall be equal to the Market Rate Parking Charge, established by

Appears in 1 contract

Samples: Lease Agreement (Beam Therapeutics Inc.)

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Parking Passes. From and after the Rent Commencement DateThe Landlord shall provide, without further charge to Tenant, the Landlord shall provide Parking Passes (as defined in Exhibit A) for use by the Tenant’s employees and visitors in accordance with the provisions of this Section 2.4, and in the 00 Xxxxxxxx Xxxxxx garage as locations designated on Exhibit C-2. B-2 or such other locations within the Park as Landlord reserves reasonably designates by notice to Tenant from time to time (provided that the right pedestrian access to relocate some or all such alternative locations within the Park are of Tenant’s parking spaces reasonably equivalent distances from the Premises), Visitors will be permitted to other parking garages within University Parkpark in common, which relocation right shall not be exercised unreserved visitor areas provided by Landlord more than twice in any twelve (12)-month periodfrom time to time on a first come, first serve basis. The Tenant agrees that it and all persons claiming by, through and under it, shall at all times abide by the Rules and Regulations with respect to the use of the parking facilities provided by the Landlord pursuant to this Lease. The Landlord acknowledges that it is the Landlord’s responsibility to assure Tenant that holders of Parking Passes who comply with the Rules and Regulations are able to park their motor vehicles in the designated parking facilities within the Park. The Tenant acknowledges that the parking facilities within the Park may be owned by an entity other than Landlord. In no event are Parking Passes transferable other than to the holder, from time to time, of the tenant’s interest under this Lease or transferee permitted pursuant to Section 6.8 or a subtenant that has been demised all or a portion of the Premises in conformity with the requirements of this Lease. Parking Passes are , and is limited to use by employees or visitors of either of the foregoing.

Appears in 1 contract

Samples: Lease (Exicure, Inc.)

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