Garage definition
Examples of Garage in a sentence
All of the parking in the County Garage shall be non-exclusive and may be shared by the employees and guests of the Administrative Building and by residents and guests of the Grantee’s intended use, provided that from 6:00 PM – 8:00 AM (“Evening Hours”), Grantee and its licensees shall have the exclusive right to park in the County Garage.
Grantor shall involve Grantee in its engineering of the County Garage so as to enable Xxxxxxx’s access to utilities across the Property and Grantee’s reasonable penetration through the County Garage to tie into utilities in a time and cost-efficient manner.
Xxxxxxx’s procurement of debt, equity and public financing sufficient to acquire and develop its intended vertical improvements upon the County Garage, for an approximately $26,000,000 (and NTE $30,000,000) project use (“Project Financing”) in accordance with the Plans.
Grantor shall transfer to Grantee, for real and valuable consideration, a 99-year leasehold right to develop, use, occupy, and construct improvements upon the County Garage and Grantee agrees to pay for such right on the terms and subject to the conditions contained in this Agreement.
Grantee shall have three hundred and sixty five (365) days from the date of this Agreement ("Inspection Period") to engage with Grantor’s County Garage design team regarding engineering and design of the garage, to develop its own drawings sufficient to obtain a GMP construction contract and construction financing, to subdivide the Property as necessary (subject to Grantor’s approval) for a vertical development project, and to pursue and obtain tax abatements and other project financing.