Examples of Parking Parcel in a sentence
The Deed shall contain a use restriction with respect to Future Parking Parcel One and Future Parking Parcel Two providing that Future Parking Parcel One and Future Parking Parcel Two may only be used for surface parking purposes in perpetuity (the “Deed Restrictions”).
The parties hereby acknowledge and agree that the Rules currently govern the Surface Parking Parcel.
Office Owner now owns the Tower 1 Parcel, the Commercial Land Parcel, the Tower 1 Parking Parcel, Lot 7, and an undivided 28.25% interest in Lot 4 (collectively, the "Office Parcels"), and has conveyed (a) the Center Parcel and an undivided 14.75% interest in Lot 4 (collectively, the "Retail Owner Parcels") to Retail Owner, and (b) Lot 5 and Lot 6, (collectively, the "Retail Parking") to Retail Owner Subsidiary (a wholly owned subsidiary of Retail Owner).
Specifically, beginning on the Closing Date, Beneficiaries shall have the non-exclusive right to use the parking spaces within the Surface Parking Parcel, subject to the Surface Parking Rules and Regulations attached hereto and incorporated herein as Exhibit B (“Rules).
City, as owner of the Parking Parcel, is also subject to the benefits and burdens of the Agreement.