Surrender; Additional Spaces Clause Samples
Surrender; Additional Spaces. Notwithstanding the allocations of Allocated Spaces pursuant to Section 11.2, Tenant shall have the right at any time and from time to time from and after the Base Building Completion Date upon not less than thirty (30) days’ prior notice to Landlord to surrender its rights to any parking spaces and to add parking spaces on an “as available” basis. If no spaces are available at the time of any request for spaces by Tenant, Tenant shall be placed on a waiting list with other Building Occupants desiring parking spaces which shall be administered on a “first come, first served” basis; except that Tenant shall have first priority over any party other than Building Occupants, and Landlord shall terminate any parking contracts with any such other parties should Tenant desire to add parking spaces. Spaces taken by Tenant pursuant to this Section 11.3 shall be referred to as “Additional Spaces”.
Surrender; Additional Spaces. 52 -iii-
