Leased Parking Spaces definition

Leased Parking Spaces means parking spaces that are rented and paid for by the Department as opposed to State-owned lots.
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Leased Parking Spaces means 400 parking spaces located in the Parking Garage. It is the intent of the Parties that the Lessee shall have access to all 490 spaces in the Parking Garage; provided however, that at all times, the Lessee makes available not less than 127 spaces (the “Committed Parking Spaces”) at no charge, for the benefit of those certain Commercial and/or other Unit Owners from time to time of the Units listed on Exhibit “B” attached hereto, and each of their guests, tenants and invitees or others who are issued parking stickers, decals or other personal or vehicle identification in connection with such Units (the “Committed Rights Beneficiaries”), it being understood and agreed that the Committed Rights Beneficiaries shall have the right to valet parking services within the Committed Parking Spaces at no charge (collectively, "Parking Privileges"). The Association hereby covenants and agrees that it shall not grant licenses to any other party whatsoever, other than Lessee, for the Leased Parking Spaces or the Meeting Rooms during the Term of this Agreement; provided, however, Lessee shall be entitled to use any Committed Parking Space to the extent any such space is unoccupied or otherwise not in use by the Commercial and/or other Unit Owners on as available basis at no additional charge to Lessee.
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Leased Parking Spaces means 461 parking spaces located in the Parking Garage. The Parking Garage has a total of 641 parking spaces however Lessee acknowledges that 180 of such parking spaces are designated for the exclusive use by the owner of Unit CU-3 (the "CU-3 Spaces"), the CU-3 Spaces are not a part of this Lease and the owner of Unit CU-3 will provide its own valet parking services for the CU-3 Spaces and the owner of Unit CU-3 or its designee shall have the right to collect all income generated from the CU-3 Spaces. It is the intent of the Parties that the Lessee shall have access to 461 spaces in the Parking Garage; provided however, that at all times, Lessee shall make available: (i) twenty (20) parking spaces at no charge, for the benefit of the users of the CU-1 Unit; (ii) three (3) parking spaces at no charge for the benefit of users of the CU-4 Unit and (iii) up to five (5) parking spaces for certain Unit Owners from time to time, including but not limited to Unit R -378 of the Units listed on Exhibit "B" attached hereto{the "Committed Parking Spaces"), and each of their guests, tenants and invitees or others who are issued parking stickers, decals or other personal or vehicle identification in connection with such Units (the "Committed Rights Beneficiaries"), it being understood and agreed that the Committed Rights Beneficiaries shall have the right to valet parking services within the Committed Parking Spaces at no charge (collectively, "Parking Privileges"). The Association hereby covenants and agrees that it shall not grant licenses to any other party whatsoever, other than Lessee, for the Leased Parking Spaces or the Cabanas during the Term of this Agreement; provided, however, Lessee shall be entitled to use any Committed Parking Space to the extent any such space is unoccupied or otherwise not in use by the Commercial and/or other Unit Owners on as available basis at no additional charge to Lessee.
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Examples of Leased Parking Spaces in a sentence

  • The termination of this Agreement shall (except as otherwise provided herein) terminate all rights and obligations of the Association and Lessee hereunder, including, without limitation the lease of the Leased Parking Spaces to Lessee, except that such termination shall not prejudice the rights of any Party against the other for any breach of this Agreement occurring prior to termination.

  • This Lease’s grant of rights to Lessee includes in case of Lessor’s breach in its obligation to provide open and available spaces as is provided herein the right of Lessee to require Lessor to enforce by restrictions, signage, or any other necessary steps to assure that at all times set out in this Lease, the Leased Parking Spaces are actually open and available to Lessee.

  • Lessee assumes all risk of loss to automobile or other property of Lessee, while said automobiles or other property are located in the Leased Parking Space(s), or the Parking Facility.

  • Lessor reserves the right to make reasonable rules and regulations from time to time relating to the use and operation of the Parking Facility and the Leased Parking Space(s).

  • In addition to and not in lieu of any other rights and remedies of Lessee for Lessor’s breach of this Lease, appropriate abatements shall be made in the rent hereunder in the event that due to Lessor’s breach hereunder any Leased Parking Spaces are not available to the extent required hereunder.

  • No such rules or regulations shall be enforceable against Lessee if they have the effect of diminishing the access to and availability of the Leased Parking Spaces.

  • The Lessee may assign this Lease or sublet the Leased Parking Space(s) or any part thereof only after receiving the prior express consent of Lessor, which shall not be unreasonably withheld, conditioned or delayed.

  • Lessor shall be permitted, in consultation with Lessee, to enter into agreements with third parties to operate the Black Lot, including the Leased Parking Spaces, on behalf of Lessor (a “Third Party Agreement”).

  • In compliance with applicable law, Lessor shall post such notices or signage at or around the Leased Parking Spaces as may be necessary to reasonably enforce Lessee’s exclusive use of the Leased Parking Spaces, though only at such times when Lessee has exclusive use of the Leased Parking Spaces, or shall permit Lessee to do the same, notwithstanding anything to the contrary herein.

  • Lessor shall comply with all laws, ordinances, governmental orders and other public requirements now and hereafter affecting the Leased Parking Spaces or the use thereof, including all recorded covenants, easements and restrictions, and shall save and hold Lessee harmless from the expense or damage resulting from failure to do so.