Common use of Leased Spaces Clause in Contracts

Leased Spaces. (a) Tenant shall have exclusive use of and access to the Leased Spaces each day from 8:00 a. m. to 7:00 p.m. Monday through Friday (the “Exclusive Times”). Tenant may also have use of and access to the Leased Spaces outside the Exclusive Times; however, Tenant acknowledges that, currently, the Landlord neither operates, manages or enforces parking activities or restrictions in the Parking Facility outside of the Exclusive Times, nor does Landlord provide any security of the Parking Facility outside of the Exclusive Times. Tenant assumes any risk and all responsibility for use of the Parking Facility outside the Exclusive Times. (b) Tenant shall have the right (without the consent of Landlord) to grant licenses (or parking permits or subleases, as applicable) to third parties for the use of the Leased Spaces during the Exclusive Times (hereinafter any such third party will be referred to as “Sublessee”); provided, however, that the terms of such grants shall not exceed the Basic Rent Tenant is required to pay to Landlord under this Lease and the number of licenses (or parking permits or subleases, as applicable) granted to Sublessees shall not exceed the number of Leased Spaces. This Lease gives Tenant rights that may be enjoyed by Tenant’s Sublessee, but Tenant’s Sublessees themselves do not have rights under this Lease against the Landlord, and Tenant’s Sublessees do not have the right to enforce any provisions of this Lease. Nothing in this Lease gives Tenant any rights with respect to the use of parking spaces other than the Leased Spaces; however, Tenant shall have the same rights as the general public to access and use the parking spaces other than the Leased Spaces both during and outside the Exclusive Times.

Appears in 2 contracts

Sources: Parking Lease Agreement, Parking Lease Agreement