The Parking Facility Clause Samples

The Parking Facility clause defines the terms and conditions under which parking spaces are provided to tenants or occupants within a property. It typically outlines the number of spaces allocated, any associated fees, rules for use, and restrictions such as designated areas or vehicle types permitted. This clause ensures that both parties understand their rights and obligations regarding parking, helping to prevent disputes and clarify expectations related to parking arrangements.
The Parking Facility. (a) The City will agree to purchase the Parking Facility from the Developer for a purchase price equal to the lesser of $8,800,000 or the actual cost of constructing the Parking Facility, subject to the City’s ability to issue the TIF Bonds and the Parking Facility Revenue Bonds to fund the purchase price and other terms and conditions set forth in the Conference Center and Parking Facility Development Agreement. The Developer acknowledges and agrees that no money or credit of the City is available to fund the purchase price of the Parking Facility other than proceeds available from the TIF Bonds and the Parking Facility Revenue Bonds and if the City is not able to issue such TIF Bonds and Parking Facility Revenue Bonds in the amount of such purchase price, the City will be unable to pay such purchase price. (b) The Parties acknowledge that the purchase price of $8,800,000 is based on the Parties’ estimate that the Parking Facility will include 400 spaces and will cost approximately $22,000 per space to construct. In the event that the Developer demonstrates to the City’s satisfaction that actual construction costs per space are materially higher, the number of spaces to be constructed in the Parking Facility and/or the purchase price may be adjusted, and/or the Developers may build 400 spaces and, with the prior, written consent of the City, apply the dollar amount by which the cost of constructing such 400 spaces exceeds $8,800,000 to purchase and own a portion of the underground parking structure contiguous to the City-owned Parking Facility. (c) The MPC must deliver its requirements and specifications for the Parking Facility to the Developer prior to 30% design of the Parking Facility. The Parking Facility must be designed and constructed in accordance with the requirements and specifications provided by the MPC. The MPC must approve the design of the Parking Facility on behalf of the City at the time design is 30% complete and again at the time design is complete, prior to the time the Developer applies for building permits. Any material deviation from the requirements and specifications provided by MPC relating to the Parking Facility and approved as described in the prior sentence must be initiated or approved by the MPC.
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The Parking Facility. A. The Lessor undertakes to bring about that the Lessor or the factor operating the Lessor's parking facility in the building at the time (below: "The Parking Facility"), will place at the disposal of the Lessee, starting from the date of the beginning of leasing according to this agreement, 30 (thirty) parking places as demarcated on the diagram of parking places attached to this agreement as Annex B, attached. B. For each parking place, the Lessee will pay a monthly rental fee in the amount of 234.90 new shekels, in a total amount of 8,829 new shekels per month with the addition of VAT as required by law. The rental fee for the parking places will be linked to the consumer price index in the same manner as the lease payments for the Property under lease, they will be paid in the same manner and the same rules will apply to them for all purposes. C. 1) In order to dispel doubt, the Lessee will be subject to the instructions and/or directives of the Lessor and/or the entity that operates the parking facility at the time in all that has to do with arrangements of entry, parking, exit, security, operation, times of operation, and arrangement of the parking facility.
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The Parking Facility. A. The Lessor undertakes to procure that the Lessor or the entity operating the Lessor's parking facility in the building at the time (hereinafter called "The Parking Facility"), shall place at the disposal of the Lessee, with effect from the date of commencement of the lease in accordance with this agreement, 30 (thirty) parking bays as demarcated on the diagram of parking bays attached to this agreement as Annex B, attached. B. For each such parking place, the Lessee shall pay a monthly rental fee in an amount of NIS 234.90, totalling the sum of NIS 8,829 per month together with VAT as required by law. The rental for the parking bays shall be linked to the consumer price index in the same manner as the rental for the Premises, and shall be paid in the same manner and the same provisions shall apply to them for all intents and purposes. C. 1) In order to eliminate any doubt, the Lessee shall be subject to the instructions and/or directives of the Lessor and/or the entity operating the parking facility at any time in all matters relating to arrangements for entry, parking, exit, security, operation, times of operation, and the arrangement of the parking facility.
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The Parking Facility 
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Related to The Parking Facility

  • Parking Facilities Alamo Colleges District shall make the existing parking facilities at the rented Facility available for the vehicular traffic and parking necessitated by the Organization’s Use of the rented Facility, on a non-exclusive basis, as specified at Exhibit A. MAXIMUM CAPACITY. Organization anticipates approximately the number of participants stated at Exhibit A and agrees to inform Alamo Colleges District of any significant changes five (5) business days in advance of a Use. Organization shall not admit a larger number of persons than can safely and freely move about the Facility. Alamo Colleges District shall notify Organization of the recommended capacity of the Facility and all decisions of Alamo Colleges District concerning questions arising under this Paragraph shall be final.

  • Parking Throughout the Lease Term, Tenant shall have the exclusive right to use, free of charges, the number of parking spaces set forth in Section 12 of the Summary, which parking spaces constitute the entirety of the parking under the Building and the adjacent surface parking, being all of the parking in the Project. Tenant shall comply with the Parking Rules and Regulations which are in effect on the date hereof, as set forth in the attached Exhibit D and all reasonable modifications and additions thereto which are prescribed from time to time for the orderly operation and use of the Parking Areas by Landlord, and/or Landlord’s Parking Operator (as defined below); provided that such modifications or alterations do not effect Tenant’s use of or access to the Parking Areas. Landlord specifically reserve the right to change the size, configuration, design, layout, of the Parking Areas, and Tenant acknowledges and agrees that Landlord may, without incurring any liability to Tenant and without any abatement of Rent under this Lease, from time to time, temporarily close-off or restrict access to the Parking Areas, so long as Tenant retains access to the number of parking spaces set forth in Section 12 of the Summary. Landlord may delegate its responsibilities hereunder to a parking operator (the “Parking Operator”) in which case the Parking Operator shall have all the rights of control attributed hereby to Landlord. Any parking tax or other charges imposed by governmental authorities in connection with the use of such parking shall be paid directly by Tenant or the parking users, or, if directly imposed against Landlord, Tenant shall reimburse Landlord for all such taxes and/or charges within thirty (30) days after Landlord’s demand therefor. The parking rights provided to Tenant pursuant to this Article 23 are provided solely for use by Tenant’s own personnel visitors and invitees and such rights may not be transferred, assigned, subleased or otherwise alienated by Tenant without Landlord’s prior approval, except in connection with an assignment of this Lease or sublease of the Premises made in accordance with Article 14 above.

  • Parking Areas Landlord and Tenant agree that Landlord will not be responsible for any loss, theft or damage to vehicles, or the contents thereof, parked or left in the parking areas of the Premises and Tenant shall install at least one sign in the parking areas so advising its employees, visitors or invitees who may use such parking areas. Except as otherwise provided in this Section 3.5, parking areas shall be used for parking by vehicles no larger than full-size passenger automobiles or pick-up trucks, herein called "Permitted Size Vehicles." Vehicles other than Permitted Size Vehicles shall be parked and loaded or unloaded as directed by Landlord in the Rules and Regulations. Tenant shall not permit or allow any vehicles that belong to or are controlled by Tenant or Tenant's employees, suppliers, shippers, customers, contractors or invitees to be loaded, unloaded or parked in areas other than those designated by Landlord for such activities. Tenant agrees not to use or permit its employees, visitors or invitees to use the parking areas for overnight storage of vehicles, except for trucks on the Premises in the process of loading or unloading, and except for semi-tractors and trailers parked in the areas shown on the Site Plan as "Tenant's Designated Truck Parking". Tenant covenants and agrees that it shall not permit any of its employees, agents, contractors, vendors or shippers to park trucks, automobiles, trailers or other vehicles on any of the public streets in the general vicinity of the Premises or the industrial or business park in which the Premises are located. If Tenant permits or allows any of the prohibited activities described above for a period of five (5) business days after written notice from Landlord, then Landlord shall have the right, without further notice, in addition to such other rights and remedies that it may have, to remove or tow away the vehicle involved at Landlord's risk and expense. All responsibility for damage and theft to vehicles and their contents is assumed by the parties owning the same, including, respectively, Tenant or Tenant's partners, trustees, officers, directors, shareholders, members, invitees, or any of Tenant's assignees, subtenants or assignees' or subtenants' agents, employees, contractors, customers, suppliers, servants, guests, or independent contractors (collectively, "Tenant Parties"). Tenant shall repair or cause to be repaired, at Tenant's sole cost and expense, any and all damage, ordinary wear and tear excepted, to any portion of the Property caused by the use by Tenant Parties of the driveway or parking areas within the Property. Landlord shall not be liable to Tenant by reason of any moratorium, initiative, referendum, statute, regulation or other governmental action which could in any manner prevent or limit the parking rights of Tenant hereunder. Any governmental charges or surcharges or other monetary obligations imposed relative to Parking rights with respect to the Building shall be considered assessments and shall be Payable by Tenant as set forth in Paragraph 4.1; as of the Commencement Date, Landlord represents there are no such charges or surcharges imposed on the Premises.

  • Car Parking You will not be entitled to apply for permit parking on the Campus unless you are entitled to an exemption from this policy.

  • Parking Area Developer shall provide a parking area for ADOT for at least 100 vehicles 27 (85 staff/15 visitors). The parking area must be reasonably level (all-weather surface and 28 all-weather access). The parking area must include an additional lockable fenced 29 parking area to accommodate 25 ADOT vehicles.