Parking Passes. From and after the Rent Commencement Date, the Landlord shall provide Parking Passes (as defined in Exhibit A) for use by the Tenant’s employees in accordance with the provisions of this Section 2.4, and in the 00 Xxxxxxxx Xxxxxx garage as designated on Exhibit C-2. Landlord reserves the right to relocate some or all of Tenant’s parking spaces to other parking garages within University Park, which relocation right shall not be exercised by Landlord more than twice in any twelve (12)-month period. The Tenant agrees that it and all persons claiming by, through and under it, shall at all times abide by the Rules and Regulations with respect to the use of the parking facilities provided by the Landlord pursuant to this Lease. The Landlord acknowledges that it is the Landlord’s responsibility to assure Tenant that holders of Parking Passes who comply with the Rules and Regulations are able to park their motor vehicles in the designated parking facilities within the Park. The Tenant acknowledges that the parking facilities within the Park may be owned by an entity other than Landlord. In no event are Parking Passes transferable other than to the holder, from time to time, of the tenant’s interest under this Lease or a subtenant that has been demised all or a portion of the Premises in conformity with the requirements of this Lease. Parking Passes are limited to use by employees of either of the foregoing.
Parking Passes. On the terms and conditions set forth in Article 23, Tenant shall have the right to utilize up to three and two-thirds (3.67) parking passes per one thousand (1, 000) rentable square feet in the Premises (i.e. thirty-three (33) parking passes), four (4) of such parking passes shall be to the dedicated covered, reserved portion of the parking area serving the Project at no additional charge (other than applicable taxes) for the entire lease term and nine (9) of such parking passes shall be to the covered, reserved portion of the parking area serving the Project, at a rate of $45.00 per pass, per month (payable at such time as Basic Rental is due and payable).
Parking Passes. Tenant is hereby allocated the number of reserved covered, reserved uncovered and unreserved parking passes designated in Article 0 hereof, entitling holders to park in either reserved covered, reserved uncovered or unreserved parking spaces, as the case may be, located in the Parking Accommodations as designated by Landlord from time to time for use by Tenant, its employees and licensees, and for which Tenant shall pay the monthly charges set forth in Article 1.18 hereof. Landlord and Tenant shall execute, prior to the Commencement Date a Reserved Covered Parking License in the form attached hereto as Exhibit "E" and Unreserved Parking License in the form attached as Exhibit "G", as applicable. The unreserved parking spaces shall be available to Tenant, its employees and licensees on a "first come, first serve" basis. Holders of parking passes shall not be entitled to park in visitor parking spaces so designated by Landlord, or in any other parking spaces other than those designated by Landlord for use by holders of parking passes.
Parking Passes. Tenant shall be entitled to use eight (8) unreserved parking passes for each 1,000 rentable square feet contained in the Premises, which equals six hundred sixty-three (663) passes, upon the terms and conditions provided in Article 23 hereof. The number of parking passes shall be adjusted at the same ratio upon any contraction or expansion of the Premises.
Parking Passes. Although in most cases there is not a charge for parking, Parking Passes are required at certain properties, please ask office for details. You will be required to display parking permit at all times. Parking Pass may not be shared, borrowed, sold, etc. If any of previous provisions are not met, auto owner will be subject to being towed at auto owner’s expense.