PARKING ADDENDUM Sample Clauses

PARKING ADDENDUM. Tenant shall have the right to use in the garage located within the Building a total of two (2) parking spaces, which shall be for unreserved spaces. If Tenant relinquishes any of such parking rights during the Term, Tenant shall no longer have a right to the parking relinquished and may obtain future parking solely upon a space-available basis. Rates charged by Landlord or its operator for such parking shall be the prevailing market rate for reserved or unreserved parking spaces, as the case may be, in such location as established by Landlord or its operator from time to time. The current rates are $675 per space per month for reserved spaces and $430 per space per month for unreserved spaces. Tenant’s right to use of the parking shall be subject to (i) timely payment of the parking rate as established from time to time, (ii) such further rules and regulations as Landlord or its operator may establish from time to time, and (iii) all applicable laws, ordinances, rules and regulations. Any additional month to month parking spaces that Tenant may from time to time request shall be at the prevailing market rate and subject to availability in accordance with Landlord’s customary practices in managing the garage at the Building. Tenant shall encourage these spaces to be used by Multi-rider vehicles. A 10% discount will be provided on monthly parking rates for all registered carpools and vanpools. Landlord has the right to lease the parking area to a third party operator (the “Parking Lessee”), in which case such Parking Lessee shall succeed to the rights and benefits, and assume and be fully responsible for the performance of Landlord’s obligations under this Addendum. If Landlord leases the parking space to a Parking Lessee, (i) Tenant shall pay the Parking Lessee directly for the use of the parking spaces and (ii) all references to “Landlord” in this Addendum shall, unless the context indicates otherwise, be read to mean the “Parking Lessee.”
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PARKING ADDENDUM. This Parking Addendum (“Parking Addendum”) supplements and modifies that certain Standard Office Lease, effective as of February , 2018 (“Lease”) between LA JOLLA SHORES PLAZA, LLC (“Landlord”) and EQUILLIUM, INC., (“Tenant”). All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Lease.
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PARKING ADDENDUM. This Garage / Parking Addendum (this “Addendum”) is entered into by the Resident and Owner for the use by the Resident of the Space. The terms of this Addendum are effective as of the date Resident agrees to execute it or the Commencement Date of the Lease Contract agreed to by Resident. Resident hereby agrees as follows:
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PARKING ADDENDUM. Tenant shall have the right to park in the garage located within the Building a total of one (1) automobile for each three thousand (3,000) square feet of Net Rentable Area of Leased Premises, rounded to the nearest integer. If Tenant relinquishes any such parking rights during the Term, Tenant shall not be required to pay any fee or penalty for any relinquished space, shall no longer have a right to the relinquished space, and thereafter may recover use of such relinquished unreserved spaces solely upon a space-available basis. Rates charged by Landlord or its operator for such parking shall be the prevailing market rate for parking in such location as established by Landlord or its operator from time to time. Any additional spaces that Tenant may from time to time request shall be subject to then prevailing availability on a non-reserved, “month-to-month” basis (terminable by either party on at least thirty (30) days’ prior notice effective as of the end of a calendar month) at the same non-reserved rate. Tenant’s right to use of the parking shall be subject to (i) timely payment of the parking rate as established from time to time, (ii) such further rules and regulations as Landlord or its operator may establish from time to time, and (iii) all applicable laws, ordinances, rules and regulations. Tenant shall encourage these spaces to be used by Multi-rider vehicles. A 10% discount will be provided on monthly parking rates for all registered carpools and vanpools.
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Related to PARKING ADDENDUM

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  • WORK LETTER This Lease is supplemented by that certain Work Letter of even date executed by Lessor and Lessee, attached hereto as Exhibit C, and incorporated herein by this reference.

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  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

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