Grant and Rental Fee. Provided no event of default has occurred and is -------------------- continuing under the Lease, Tenant shall be permitted non-exclusive use of Spaces in the Parking Garage during the Lease Term for the parking of fifty-three (53) vehicles at such monthly rates and subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord and charged or applicable to patrons of said parking Garage for spaces similarly situated within said Parking Garage. The parking rate for each of the Spaces as of the date hereof is $45.00. Provided no event of default has occurred and is continuing under the Lease, Tenant shall be permitted exclusive use of eighteen (18) reserved Lower Level Spaces in the Lower Level Garage upon availability during the Lease Term at such monthly rates and subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord and charged or applicable to patrons of said Lower Level Garage. The parking rate for each of the Lower Level Spaces as of the date hereof is $60.00 for spaces designated on the attached Schedule 1 "Lower Level Garage Pricing Schedule" as "circle" parking and $90.00 for spaces designated as "diamond" parking. Tenant shall also have the right to use the Surface Parking, free of charge, during the Lease Term.
Grant and Rental Fee. Provided no Event of Default has occurred and is continuing under the Lease and subject to Landlord's recapture right set forth below, Tenant shall have (i) a non-exclusive right to use 332 unreserved parking spaces located within the Office Portion of the Parking Garage, during the Lease Term at a monthly rate of $30.00 per Space and (ii) an exclusive right to use 37 reserved parking spaces located within the Office Portion of the Parking Garage (of which at least seven [7] shall be on the first ramp up from the first level of the Parking Garage in the locations identified on Annex 1 to this Exhibit "E") during the Lease Term at a monthly rate of $80.00 per Space (all of such unreserved and reserved parking spaces being collectively referred to herein as the "Spaces"), plus any applicable tax thereon, subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord, including the rules and regulations set forth in Section 5 to this Parking Agreement. Tenant shall pay all sums due under the preceding sentence ("Parking Charges") to Landlord in advance in monthly installments on the first day of each calendar month during the Lease Term, and such Parking Charges shall be deemed to be Rent for all purposes under the Lease. Of the total 369 Spaces for the Premises, 123 Spaces are allocable to the Initial Premises (the "Initial Premises Spaces"), 123 Spaces are allocable to the Second Phase (the "Second Phase Spaces"), 61 Spaces are allocable to the Third Phase (the "Third Phase Spaces") and 62 Spaces are allocable to the Final Phase (the "Final Phase Spaces"). Tenant may freely utilize as many of the Spaces as are needed at any time prior to Tenant's occupancy of the entire Premises, provided Tenant pays the Parking Charges for all Spaces so used. Notwithstanding the foregoing, upon the commencement of the Initial Stage, Tenant shall pay Parking Charges on the greater of (A) the number of Spaces actually being used by Tenant pursuant to this Section 2 and (B) all of the Initial Premises Spaces (which shall include all 37 reserved Spaces). Upon the commencement of the Second Stage, Tenant additionally shall be required to pay Parking Charges to Landlord on 100 of the Second Phase Spaces (the "Required Second Phase Spaces"). Not less than four months after the commencement of the Second Stage, Tenant shall deliver written notice to Landlord informing Landlord of the total number of Second Phase Spaces which Tenant desires to...
Grant and Rental Fee. Tenant shall be allocated the number of Spaces in the Parking Facilities (“Tenant’s Parking Spaces”) equal to the product obtained by multiplying the number of rentable square feet in the Premises by the PSF Parking Ratio (rounded up to the nearest whole number in the case of a fractional product). It is agreed that if the PSF Parking Ratio changes during the Term, the number of Tenant’s Parking Spaces shall be adjusted accordingly. At Tenant’s election, up to one-half of Tenant’s Parking Spaces shall be reserved spaces for Tenant’s exclusive use, with the remainder of Tenant’s Parking Spaces to be unreserved spaces available on a non-exclusive, first-come first-served basis. Landlord and Tenant shall endeavor in good faith to agree upon the exact location of Tenant’s Parking Spaces consistent with the manner in which Landlord determines the location of Spaces of other tenants in the Building. Provided that Tenant is not in Default under the Lease, during the Term of the Lease Tenant shall be issued permits allowing access to any reserved and unreserved Tenant’s Parking Spaces in the Parking Facilities, to park insured, registered passenger motor vehicles only. Tenant shall pay Landlord’s standard parking fee in effect from time to time for Tenant’s Parking Spaces. Such parking charges shall be due on the first day of each month during the Term and shall constitute Additional Rent due under the Lease.
Grant and Rental Fee. Provided no event of default has occurred and is -------------------- continuing under the Lease, Tenant shall be permitted the use of the Spaces during the Expansion Space Term at such monthly rates, but not less than $95.00 per space per month, (together with any applicable tax thereon) as may be charged by Landlord from time to time, and subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord or the manager of the Parking Garage, and charged or applicable to patrons of the Parking Garage for spaces similarly situated therein.
Grant and Rental Fee. Provided no event of default has occurred and is continuing under the Lease, Tenant shall be permitted the use of the Spaces during the Term at no charge, subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord or the manager of the Parking Garage, or applicable to patrons of the Parking Garage for spaces similarly situated therein, and subject to the Spaces being relocated as provided above. In the event the Premises are increased or decreased during the Term, the number of Spaces available to Tenant shall likewise be increased or decreased so that the aggregate number of Spaces to which Tenant is entitled shall equal one (1) Space for each three hundred ninety (390) square feet of Rentable Area within the Premises for the Parking Garage, and one (1) Surface Parking Space for each two hundred (200) square feet of Rentable Area within the Premises (minus the number of Parking Garage Spaces) for the Surface Parking Spaces.
Grant and Rental Fee. Provided no event of default has occurred and is continuing under the Lease, Tenant shall rent (a) on a "must-take" basis, the Spaces during the entire Term and (b) on a month-to-month basis, the Additional Spaces, at such monthly rates (together with any applicable tax thereon) and subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord or the manager of the Parking Garage, as applicable, and charged or applicable to patrons of the Parking Garage for spaces similarly situated therein. In the event the Premises are increased or decreased during the Term other than pursuant to EXHIBIT H to the Lease, the number of Spaces available to Tenant shall likewise be increased or decreased so that the aggregate number of Spaces to which Tenant is entitled shall equal one (1) unreserved Space for each one thousand (1,000) square feet of Rentable Area within the Premises.
Grant and Rental Fee. Provided no Event of Default has occurred and is continuing under the Lease, Tenant shall be permitted the nonexclusive use of the Spaces during the Lease Term at a monthly rate of $25.00 per Reserved Space (together with any applicable tax thereon) and subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord.
Grant and Rental Fee. Tenant shall rent on a “must-take” basis, from Commencement Date through the Expiration Date at such monthly rates (together with any applicable tax thereon) and subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord or the manager of the Parking Garage, as applicable, and charged or applicable to patrons of the Parking Garage for Permits similarly situated therein, three (3) unreserved parking Permits to be located in the Xxxxx Center Parking Garage or the Metropolitan Parking Garage, as determined by Landlord and, at Tenant’s option, up to two (2) additional unreserved parking Permits to be located in the Xxxxx Center Parking Garage or the Metropolitan Parking Garage, as determined by Landlord. Tenant may lease additional parking permits at the then current rate on a month-to-month basis, subject to availability.
Grant and Rental Fee. Provided no event of default has occurred and is continuing under the Lease, Tenant shall rent on a "must-take" basis the Spaces during the entire Term at such monthly rates (together with any applicable tax thereon) and subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord or the manager of the Parking Garage, as applicable, and charged or applicable to patrons of the Parking Garage for spaces similarly situated therein. In the event the Premises are increased or decreased during the Term, the number of Spaces available to Tenant shall likewise be increased or decreased so that the aggregate number of Spaces to which Tenant is entitled shall equal one (1) unreserved Space for each one thousand (1,000) square feet of Rentable Area within the Premises.
Grant and Rental Fee. Provided no Event of Default has occurred and is continuing under the Lease, Tenant shall have a non-exclusive right to use 57 unreserved parking spaces located within the Parking Areas, during the Lease Term (such parking spaces being collectively referred to herein as the “Spaces”) subject to such terms, conditions, and regulations as are, from time to time, promulgated by Landlord, including the rules and regulations set forth in Section 5 to this Parking Agreement. There shall be no additional parking charge for the Spaces.
