Reserved Parking Clause Samples
The Reserved Parking clause designates specific parking spaces for the exclusive use of certain individuals or tenants. Typically, this clause outlines the location, number, and any restrictions or conditions associated with the reserved spaces, such as signage requirements or access controls. Its core function is to ensure that designated parties have guaranteed parking availability, thereby preventing disputes and providing convenience and predictability for those entitled to reserved spots.
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Reserved Parking.
SECTION 1. The Union president will be provided a designated parking space. One additional parking space shall be designated in close proximity to the Union office.
SECTION 2. Changes to Union parking space designations must be negotiated with the Union.
Reserved Parking a. Landlord and Tenant agree that, effective as of the Eighth Amendment Effective Date, the number of Reserved Spaces made provided for Tenant’s use pursuant to Section 4 of the Seventh Amendment shall be increased from four (4) parking spaces to ten (10) parking spaces. Such Reserved Spaces shall be provided to Tenant upon and subject to the terms and provisions of Section 4 of the Seventh Amendment.
b. Landlord and Tenant agree that, commencing on the Eighth Amendment Effective Date and continuing until the expiration or earlier termination of the Lease, five (5) of the parking spaces in the Visitor Parking Area (as such term is defined in the Sixth Amendment) (collectively, the “Reserved Visitor Spaces”) will be reserved for use by guests, visitors and invitees of Tenant and its subtenants, upon the following terms and conditions:
i. Tenant shall have the right to designate which of the parking spaces (excluding handicapped spaces) in the Visitor Parking Area will be designated as Reserved Visitor Spaces, subject to Landlord’s prior written consent, such consent not to be unreasonably withheld or delayed. Landlord will have the right to relocate any Reserved Visitor Spaces from time to time to another location within the Visitor Parking Area to the extent Landlord deems reasonably necessary, including relocation to accommodate requirements of applicable Laws or as required by reason of casualty, condemnation or required maintenance. In the event that Landlord relocates the Reserved Spaces, Tenant will relocate the corresponding Reserved Visitor Spaces Signage (as defined below) to another location approved by Landlord within or adjacent to the relocated Reserved Visitor Spaces at Tenant’s sole cost and expense, except that if Landlord relocates the Reserved Spaces more than once during any twenty four (24)-month period for any reason other than to accommodate requirements of applicable Laws or as required by reason of casualty, condemnation or required maintenance, then the cost of relocating the corresponding Reserved Visitor Spaces Signage for such subsequent relocation will be at Landlord’s cost and expense.
ii. Tenant will have the right to install, at Tenant’s sole cost and expense, signage (the “Reserved Visitor Spaces Signage”) designating such Reserved Visitor Spaces as being reserved for Tenant and/or its subtenants, provided that the design, location, size, construction and material of any such Reserved Visitor Spaces Signage are subject to La...
Reserved Parking. Tenant shall have the right to use eight (8) reserved parking spaces currently marked on the lower level of the parking deck of the Building free of charge during the Term of the Lease.
Reserved Parking. In addition thereto, Landlord hereby leases to Tenant and Tenant leases from Landlord three (3) contract executive reserved parking stalls on the lower level of the Facility for the Term of this Lease. Tenant agrees to execute the reserved stall parking lease attached hereto as Exhibit "F" upon execution of this Lease. The rental for said reserved stalls shall be $95.00 per stall per month during the initial ten (10) year Term of this Lease. Tenant, upon request, may lease up to seven (7) additional stalls at the same initial rate, and Landlord shall provide same if available at the time of request.
Reserved Parking. Owner shall have the right to use four (4) Parking Spaces in connection with Sporting KC events and any and all special events at Village West; provided that there is no event scheduled in the Stadium Facility and that Owner provides at least one (1) week prior notice to Manager.
Reserved Parking. Within thirty (30) days following the date of this Amendment, Landlord shall designate twenty (20) parking spaces directly in front of the Building as “OSIRIS or Visitor Reserved” at no cost to Tenant, and any reasonable and actual costs incurred by Landlord to properly designate such spaces shall be paid from the Allowance or reimbursed by Tenant within thirty (30) days following receipt of written request. The designation of such twenty (20) parking spaces shall continue so long as Tenant is the sole occupant of the Building.
Reserved Parking. Notwithstanding the provision of section 3A(9) of this Lease, the Landlord shall make available during the term of this lease a total of ten (10) reserved parking spaces for the exclusive use of Security Associates International, Inc.
Reserved Parking. So long as this Lease is in effect, Landlord here leases to Tenant and Tenant hereby lease from Landlord _____________ reserved parking spaces. Subject to the rental abatement provisions set forth in Paragraph 5(c) above, as consideration for the use of such reserved parking spaces Tenant shall pay to Landlord the additional rent under the Lease. Tenant shall pay Landlord the additional rent for such reserved parking spaces monthly, concurrently with each monthly payment of Monthly Basic Rent.
Reserved Parking. The Employer shall provide forty (40) reserved parking spaces for Faculty at or adjacent to the following campuses: Downriver, Downtown, Eastern, Northwest, and Western.
Reserved Parking. Landlord shall reserve for the exclusive use of Tenant and its employees, agents and contractors (i) one hundred twenty-three (123) surface parking spaces hi the areas depicted as the "Reserved Parking Area" on Exhibit "A-l", and (ii) twenty (20} trailer parking spaces in the area depicted as the "Trailer Parking Area11 on Exhibit "A-l". Landlord shall not be liable to Tenant for the failure of any of other tenants of the Building, or such tenant's invitees, employees, agents or customers or other third parties to comply with the designation of Reserved Parking Area and the Trailer Parking Area, but shall upon request by Tenant use diligent, good faith efforts to cause such tenants, invitees, employees, agents, customers or other third parties to comply with same. It is understood that Landlord and its agents and employees shall not be liable for loss or damage to any vehicle parked by Tenant or under Tenant's rights herein and/or to the contents thereof, and Tenant waives any claim against Landlord for and in respect thereto, unless such loss or damage is caused by the acts or omissions of Landlord or Landlord's agents, contractors, invitees or employees. Landlord shall have the right to close any portion of the parking facilities at the Property and deny access thereto in connection with any repairs as may reasonably be required, without liability, cost or abatement Except in the case of emergency repairs (or repairs which Landlord reasonably perceives to be an emergency), Landlord shall perform any scheduled repairs or replacements of the parking facilities in such a manner and at such dates and times so as to minimize any interference with Tenant's business operations in the Premises, and shall give Tenant not less than ten days prior written notice thereof.
