Building Parking Area definition
Examples of Building Parking Area in a sentence
For purposes of this Lease, the term “Building” means the Premises, Building, Parking Area (as defined below), all units or spaces located within the Building, and all other pieces or parcels of real property (and any improvements located thereon) surrounding the Building at any time, and from time to time hereafter, designated by Landlord as part of the Building.
The Base Rental provided for herein includes a stipulated allowance in the amount of THE 1996 ACTUAL COSTS per square foot of rentable area for repairing, maintaining and operating the Building, Parking Area and other land area surrounding the Building (the Building, the Parking Area and other land area herein collectively termed the "Property") during the first calendar year of the Lease Term.
The Base Rental provided for herein includes a stipulated allowance in the amount of the 1998 actual costs per square foot of rentable area for repairing, maintaining and operating the Building, Parking Area and other land area surrounding the Building (the Building, the Parking Area and other land area herein collectively termed the "Property") during the first calendar year of the Lease Term.
Tenant is allocated and shall have the guaranteed right to use a number of parking stalls in the Building Parking Area determined based on a ratio of 1 stall per each 110 square meters of lettable space then-leased by Tenant hereunder for its use and the use of Tenant’s Agents, customers and invitees throughout the Sublease Term, Option Terms and any other extension term of this lease.
Subject to the terms and provisions of this Lease and all laws applicable to the Premises, Tenant shall have twenty-four (24) hours, seven (7) days per week, fifty-two (52) weeks per year, access to the Premises (including the Building Parking Area).
Tenant shall observe all reasonable rules and regulations promulgated by Landlord from time to time concerning the use of the Under Building Parking Area and shall supply such additional information relating to persons authorized to use the Under Building Parking Area as may be reasonable requested by Landlord from time to time, including automobile license numbers.
The Building Parking Area shall be used by Tenant in common with other tenants of the Building (which may be expanded pursuant to Exhibit R hereto), if applicable.
Tenant’s continued right to use the parking privileges provided in this Article 26 is conditioned upon Tenant abiding by all rules and regulations which are prescribed from time to time for the orderly operation and use of the Building Parking Area and upon Tenant’s cooperation in seeing that Tenant’s employees and visitors also comply with such rules and regulations.
Landlord shall issue an authorization (a “Parking Permit”) which may include parking stickers or tags in a number equal to the number of parking spaces allowed in Section 10.4(a) above, including for the Under Building Parking Area.
Notwithstanding the foregoing, Tenant shall be responsible for the full amount of any taxes imposed by any governmental authority in connection with the renting of such parking spaces by Tenant or the use of the 6350 Building Parking Area by Tenant.