Requirement for Additional Parking Sample Clauses

Requirement for Additional Parking. The amount of Additional Premises that may be added to the Premises may be subject to additional parking being available for use by Tenant. The three options available for such additional parking are the (i) acquisition of adjacent land from the Burlington Northern Santa Fe Railroad (the "BN Parcel") shown on Exhibit O hereto for surface parking for the Premises and/or, together with the "Landlord's Garage Parcel" (as defined below), for the construction of a new parking garage (the "North Parking Garage") or (ii) the dedication of Tenant's current parking lot of 8th and Holgate ("Tenant's Lot") as parking for the Premises; provided the City of Seattle approves the use of Tenant's Lot as parking in conjunction with the expansion of the office use of the Building; or (iii) the use of the BN Parcel for surface parking and the dedication of Tenant's Lot as parking for the Premises. As used herein, "
Sample 1
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Requirement for Additional Parking. The amount of Additional Premises that may be added to the Premises may be subject to additional parking being available for use by Tenant. The three options available for such additional parking are the (i) acquisition of adjacent land from the Burlington Northern Santa Fe Railroad (the "BN Parcel") shown on Exhibit O hereto for surface parking for the Premises and/or, together with the "Landlord's Garage Parcel" (as defined below), for the construction of a new parking garage (the "North Parking Garage") or (ii) the dedication of Tenant's current parking lot of 8th and Holgate ("Tenant's Lot") as parking for the Premises; provided the City of Seattle approves the use of Tenant's Lot as parking in conjunction with the expansion of the office use of the Building; or (iii) the use of the BN Parcel for surface parking and the dedication of Tenant's Lot as parking for the Premises. As used herein, "Landlord's Garage Parcel" shall mean that portion of the property shown as "Landlord's Garage Parcel" on Exhibit O that coincides with the footprint of the North Parking Garage as designed and constructed. (i) Landlord agrees to use its best efforts to acquire the BN Parcel, including as much land as is available for sale in order to maximize the use of the BN Parcel for surface parking or the construction of the North Parking Garage. If the BN Parcel is so acquired, Landlord will use its best efforts to obtain a Master Use Permit ("MUP") from the City of Seattle for the construction of the North Parking Garage on the BN Parcel and Landlord's Garage Parcel. Tenant agrees to cooperate with Landlord in obtaining the MUP. 49 <PAGE> (ii) In the event Landlord acquires the BN Parcel and obtains the MUP, the additional parking required for Tenant's expansion in the Building shall be met, at Tenant's option, through the construction of the North Parking Garage or, if allowed by the City of Seattle, through the use of surface parking on the BN Parcel together with the possible dedication of the Tenant's Lot to parking for the Building (which surface parking dedication may be superseded and replaced by Tenant's subsequent election to construct the North Parking Garage as provided herein). (iii) In the event Landlord acquires the BN Parcel but is unable to obtain the MUP, then the required parking for Tenant's expansion in the Building may be through surface parking on the BN Parcel and/or, if allowed by the City of Seattle, the possible dedication of the Tenant's Lot for pa...
Sample 1

Related to Requirement for Additional Parking

  • Payment for Improvements If payment is made directly to contractors, Tenant shall (i) comply with Landlord's requirements for final lien releases and waivers in connection with Tenant's payment for work to contractors, and (ii) sign Landlord's standard contractor's rules and regulations. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord an amount equal to five percent of the cost of such work to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If Tenant does not order any work directly from Landlord, Tenant shall reimburse Landlord for Landlord's reasonable, actual, out-of-pocket costs and expenses actually incurred in connection with Landlord's review of such work.

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