Acquired Parking Rights definition

Acquired Parking Rights means the right to develop 1.0 parking spaces for each one thousand (1,000) square feet of gross floor area.
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Acquired Parking Rights means perpetual non-exclusive easements, appurtenant to the Land under and pursuant to the Easement Agreement, solely for the purposes of (i) parking passenger vehicles in five hundred fifty-five (555) of the marked spaces within the Garage, and (ii) parking bicycles in thirty (30) of the marked spaces within the Garage. Subject to the terms and conditions of the Easement Agreement, eighteen (18) of the passenger vehicle spaces described in clause (i) above shall be reserved for the exclusive use of the owner of the Land and any of its lessees, tenants, and subtenants and any directors, officers, employees, contractors, and invitees of such owner and its lessees, tenants, and subtenants.
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Examples of Acquired Parking Rights in a sentence

  • Notwithstanding the foregoing, Buyer may Seek additional parking rights with respect to the Land, so long as the Acquired Parking Rights plus all additional parking rights secured by Buyer with respect to the Land do not result in Buyer having the right to develop more than an aggregate of 1.4 parking spaces for each one thousand (1,000) square feet of gross floor area.

  • Buyer shall have provided to Seller and/or the Master Developer any information, agreements, and/or undertakings that may be reasonably necessary to comply with the Master Developer Covenant and/or the Vesting Covenant, or to amend, restate, or replace the Master Developer Covenant and/or the Vesting Covenant as they apply to the Land, in order to transfer the Acquired Square Footage, the Acquired Tower Rights, and the Acquired Parking Rights from Seller to Buyer.

Related to Acquired Parking Rights

  • Tandem parking means that two or more automobiles are parked on a driveway or in any other location on a lot, lined up behind one another.

  • Dining club license means a license issued in accordance with Chapter 5, Retail

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • Project Site(s) means the place(s) specified in the SCC for the supply and installation of the System.

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • bicycle parking space – visitor means an area that is equipped with a bicycle rack for the purpose of parking and securing bicycles, and:

  • stacked bicycle parking space means a horizontal bicycle parking space that is positioned above or below another bicycle parking space and equipped with a mechanical device providing floor level access to both bicycle parking spaces.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • bicycle parking space means an area used for parking or storing a bicycle;

  • Parking Structure means a Building, or any part thereof, principally used for the parking of motor vehicles;

  • Parking Garage means a building or portion of a building, other than a private garage, that is used for the temporary parking of motor vehicles;

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Parking Areas means those portions of the Common Areas or other areas under Landlord’s control which from time to time are designated by the Landlord for the parking of automobiles and other automotive vehicles while engaged in business upon the Premises (other than while being used to make deliveries to and from the Premises).

  • Owned Properties has the meaning set forth in Section 3.16.

  • Non-Public Works and Improvements means all competitively solicited procurement of Supplies and/or Services by the City not solicited as Public Works.

  • Mining Rights means all interests in the surface of any lands, the minerals in (or that may be extracted from) any lands, all royalty agreements, water rights, patented and unpatented mining and millsite claims, fee interests, mineral leases, mining licenses, profits-a-prendre, joint ventures and other leases, rights-of-way, inurements, licenses and other rights and interests used by or necessary to mining and related processing operations.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Controlled-access highway means every street or highway in respect to which owners or occupants of abutting lands and other persons have no legal right of access to or from the same except at such points only and in such manner as may be determined by the public authority having jurisdiction over such street or highway.

  • Parking Facility means a parking area or structure having

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Project site, where applicable, means the place indicated in bidding documents.

  • Developed Land means non-vacant land that is likely to be redeveloped during the planning period.

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.