Common use of Parking Rights Clause in Contracts

Parking Rights. So long as Tenant is occupying the Premises, Tenant and Tenant Parties shall have the right to use the number of parking spaces specified in the Basic Lease Information for passenger-size automobiles (a) on an exclusive basis, the spaces located in the Building’s Subterranean Parking Facility and (b) on an unreserved, nonexclusive, first come, first served basis, the remaining number of spaces in the Parking Facilities as identified from time to time by Landlord for use in common by tenants of the Building or the Project. Parking by Tenant and Tenant Parties for up 2.75 spaces per 1,000 rentable square feet of the Premises shall be included in the Building’s Subterranean Parking Facility. Parking for Tenant and Tenant Parties for the remaining .25 spaces per 1,000 rentable square feet of the Premises shall initially be provided within the surface parking area on the parcel adjacent to the Building as depicted on Exhibit B. Following construction of the Parking Garage, such remaining .25 spaces per 1,000 rentable square feet of the Premises shall be relocated from the adjacent surface parking area to the Parking Garage. The parking rights granted under this Paragraph 37 are personal to Tenant and are not transferable except in connection with a Transfer of the Lease. Upon the expiration or earlier termination of this Lease, Tenant’s rights with respect to all parking spaces shall immediately terminate. Tenant and the other Tenant Parties shall not interfere with the rights of Landlord or others entitled to similar use of the Parking Facilities.

Appears in 3 contracts

Samples: Tenant Improvement Agreement (SVMK Inc.), Tenant Improvement Agreement (SVMK Inc.), Sublease (Zuora Inc)

AutoNDA by SimpleDocs

Parking Rights. So long as Tenant is occupying Commencing on the PremisesTerm Commencement Date, Tenant and Tenant Parties shall have the right to use use, at no additional charge, the number of parking spaces for passenger- size automobiles specified in the Basic Lease Information for passenger-size automobiles (a) on an exclusive basis, the spaces located in the Building’s Subterranean Parking Facility and (b) on an unreserved, nonexclusive, first come, first served basis, the remaining number of parking spaces in within the Parking Facilities as identified from time to time by Landlord for use in common by tenants of the Building or the Project. Parking by for Tenant and Tenant Parties for up 2.75 2.4 spaces per 1,000 rentable square feet of the Premises shall be included in the Building’s Subterranean Parking Facility. Landlord shall have the right to change the designation of parking areas (but not those in the Building's Subterranean Parking for Facility) in which Tenant and Tenant Parties for may park the remaining .25 0.35 spaces per 1,000 rentable square feet of the Premises shall initially be that are not provided within in the surface parking area on the parcel adjacent Subterranean Parking Facility as additional improvements to the Building as depicted on Exhibit B. Following construction Project or other physical changes or configurations of the Parking Garage, such remaining .25 spaces per 1,000 rentable square feet of the Premises shall be relocated from the adjacent surface parking area to the Parking GarageProject are made. The parking rights granted under this Paragraph 37 are personal to Tenant and are not transferable except in connection with a Transfer of the Lease. Upon the expiration or earlier termination of this Lease, Tenant’s 's rights with respect to all parking spaces shall immediately terminate. Tenant and the other Tenant Parties shall not interfere with the rights of Landlord or others entitled to similar use of the Parking Facilities.

Appears in 1 contract

Samples: Guidewire Software, Inc.

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.