Tenant Parking definition
Examples of Tenant Parking in a sentence
Tenant agrees to limit its use of the Automobile Parking Area to the number and type of parking spaces specified in the subsection entitled "Tenant Parking Spaces" in Section I.
In addition, if the Designated Automobile is parked or standing in any location on the premises other than a Tenant Parking Space shall be subject to towing at Tenant’s expense.
Tenant shall have the right to obtain the number of parking permits designated as Tenant Parking in the Basic Lease Provisions, and each such permit shall authorize Tenant or its employees to park one passenger automobile in the Parking Facilities.
Landlord reserves the right to relocate the Tenant Parking to a potential future adjacent parking structure owned by Landlord.
All Tenant Parking Spaces will be available to Tenant at all times during the Term (and any period of Early Occupancy), 24-hours per day, 7 days per week; provided, however, that Tenant’s use of the Tenant Unreserved Spaces will be available on a first come, first serve basis in common with the other tenants of the Building (as provided in Section 1.3.2).
Tenant shall have the non-exclusive right to use, without charge, the Tenant Parking Spaces in the parking area associated with the Building which is more particularly described on Exhibit A attached hereto (the "Parking Area") during the Term subject to such terms, conditions and regulations as are from time to time applicable to patrons of the Parking Area.
As of the Expansion Commencement Date, Tenant shall lease from Landlord an additional six (6) unreserved parking permits in the Garage (for a total of twenty-seven (27) unreserved parking permits), pursuant to the terms of Exhibit F and the Lease, Landlord agrees not to demand or collect from Tenant Parking Rent for such additional parking permits during the existing Parking Abatement Period (which, for the avoidance of doubt, expires by its terms on April 30, 2020).
The remainder of such Parking Permits provided to Tenant (initially 62) shall entitle each holder thereof to park in an unassigned parking space in the "Tenant Parking" area in the parking deck, and the initial fee for such Parking Permits shall be Ninety Five and No/100 Dollars ($95.00) per Parking Permit per month, and such fee shall be subject to increase, as provided below.
Tenant shall notify Landlord annually, within thirty (30) days prior to the commencement of each Lease Year, as to how many spaces of Tenant Parking Tenant has elected to use for such year.
During the Term of this lease, Tenant shall pay to Landlord as Additional Rent (defined in §▇, ▇▇▇▇▇), the monthly Parking Fee (as defined in the Tenant Parking Agreement).