Common use of UNAUTHORIZED VEHICLES Clause in Contracts

UNAUTHORIZED VEHICLES. Landlord retains the sole right to reassign parking and may, with one week's written notice, change the parking lot and/or parking area assignment of Tenant. Landlord shall not unilaterally, however, reduce the agreed upon spaces allotted Tenant above. It is understood and agreed that in the event any vehicles of any parties, their servants, agents and/or employees, invitees, licensees, subtenants, etc., are improperly parked on the grounds of the Landlord, the Landlord is hereby granted express permission to take any and all necessary steps to remove said vehicles including but not limited to the towing of said vehicles. For the purpose of this paragraph "improperly parked" shall mean any vehicle parked in a loading zone; parked in an area designated with a sign as a no parking zone; parked in other than a designated parking lot, parked overnight without the express permission of the Landlord, or parked overnight in other than a fenced-in reserved parking area. Any and all expenses relating to the removal of said vehicles and/or the safeguarding of said vehicles, if the Landlord elects to do so, shall be the responsibility of either the owner of the vehicles or the applicable tenant whose business led to said vehicles being on the grounds of the Landlord and said parties hereby agree to immediately reimburse the Landlord for said expenses together with interest at the 2% per month and same shall constitute additional rent to which the failure to pay shall result in the Landlord exercising, at its option, any of the remedies provided for herein. The Tenant specifically waives any claim for damages arising from the removal of vehicles owned and/or operated by the Tenant, its servants, agents and/or employees and releases the Landlord from any such claims. In the event claims are made by third parties as a result of the removal of said vehicles or any damage caused to said vehicles, the Tenant hereby agrees to hold harmless, indemnify and defend the Landlord concerning said claims. In the event Tenant fails to comply with this provision, Tenant hereby appoints the Landlord as its Attorney in Fact, authorizing Landlord to execute all documents and take any action on behalf of Tenant to secure compliance herewith. Tenant hereby agrees that the exercising of said Power of Attorney by Landlord is proper and waives any and all claims concerning same.

Appears in 3 contracts

Samples: Letter of Agreement (Gyrodyne Company of America Inc), Lease (Patcomm Corp), Gyrodyne Company of America Inc

AutoNDA by SimpleDocs

UNAUTHORIZED VEHICLES. Landlord retains the sole right to reassign parking and may, with one week's written notice, change the parking lot and/or parking area assignment of Tenant. Landlord shall not unilaterally, however, reduce the agreed upon spaces allotted Tenant above. It is understood and agreed that in the event any vehicles of any parties, their servants, agents and/or employees, invitees, licensees, subtenants, etc., are improperly parked on the grounds of the Landlord, the Landlord is hereby granted express permission to take any and all necessary steps to remove said vehicles including but not limited to the towing of said vehicles. For the purpose of this paragraph "improperly parked" shall mean any vehicle parked in a loading zone; parked in an area designated with a sign as a no parking zone; parked in other than a designated parking lot, parked overnight without the express permission of the Landlord, or parked overnight in other than a fenced-in reserved parking area. Any and all expenses relating to the removal of said vehicles and/or the safeguarding of said vehicles, if the Landlord elects to do so, shall be the responsibility of either the owner of the vehicles or the applicable tenant whose business led to said vehicles being on the grounds of the Landlord and said parties hereby agree to immediately reimburse the Landlord for said expenses together with interest at the rate of 2% per month and same shall constitute additional rent to which the failure to pay shall result in the Landlord exercising, at its option, any of the remedies provided for herein. The Tenant specifically waives any claim for damages arising from the removal of vehicles owned and/or operated by the Tenant, its servants, agents and/or employees and releases the Landlord from any such claims. In the event claims are made by third parties as a result of the removal of said vehicles or any damage caused to said vehicles, the Tenant hereby agrees to hold harmless, indemnify and defend the Landlord concerning said claims. In the event Tenant fails to comply with this provision, Tenant hereby appoints the Landlord as its Attorney in Fact, authorizing Landlord to execute all documents and take any action on behalf of Tenant to secure compliance herewith. Tenant hereby agrees that the exercising of said Power of Attorney by Landlord is proper and waives any and all claims concerning same. UNPLATED VEHICLES - It is agreed that motor vehicles without license plates constitute a special situation. Any unregistered motor vehicle parked on the Flowerfield premises will be subject to all the conditions herein above described and to a ten ($10.00) dollar per day parking fee effective after the first twenty-four hours of parking. In the event Tenant fails to comply with this provision, Tenant hereby appoints the Landlord as its Attorney in Fact, authorizing Landlord to execute all documents and take any action on behalf of Tenant to secure compliance herewith. Tenant hereby agrees that the exercising of said Power of Attorney by Landlord is proper and waives any and all claims concerning same.

Appears in 1 contract

Samples: Letter of Agreement (Gyrodyne Company of America Inc)

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