Parking Space Allotment Sample Clauses

Parking Space Allotment. The mutual agreement and acceptance by and between the Parties that (1) the Parking Space (if any has been agreed to be taken by the Buyers) shall be allotted to the Buyers after completion of construction of the Said Complex but simultaneously with delivery of possession of the Said Flat (2) if covered, the Parking Space shall be at the ground floor of the Said Complex and if open, at any place at the ground level of the Said Premises (3) the Parking Space can only be used for parking of a medium sized motor car of the Buyers and not for any other purposes and (4) the Buyers will have only right to park in the Parking Space.
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Parking Space Allotment. Acceptance by the Buyer that the Parking Space allotted to the Buyer may be relocated upon completion of construction of the Common Portions.
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Parking Space Allotment. The mutual agreement by and between the Parties that (1) the Parking Space (if any has been agreed to be taken by the Buyer) shall be allotted to the Buyer after completion of construction of the Said Building but simultaneously with delivery of possession of the Said Flat (2) if covered, the Parking Space may be dependent or independent and in the ground floor of any building in the Said Cluster and if open, the Parking Space may be dependent or independent and at any place in the ground level of the Said Property (3) if for two xxxxxxx, at any place in the ground level reserved for the parking of two wheelers only (4) the Parking Space can only be used for parking of a medium sized motor car or two xxxxxxx of the Buyer and not for any other purposes and (5) the Buyer will have only right to park in the Parking Space. The Buyer hereby accepts the above and shall not raise any objection with regard thereto.
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Parking Space Allotment. The mutual agreement by and between the Parties that (1) the Parking Space agreed to be taken by the Buyer can only be used for parking of a medium sized motor car of the Buyer and not for any other purposes and (2) the Buyer shall park in the allotted Parking Space only. The Buyer hereby accepts the above and shall not raise any objection with regard thereto. In case the Buyer transfers the Said Unit, the same shall be transferred along with the Parking Space and unallotted parking space/s shall continue to be the property and in possession of the Developer.
Sample 1
Parking Space Allotment. The mutual agreement and acceptance by and between the Parties that (1) the Parking Space (if taken by the Buyer) shall be allotted to the Buyer after completion of construction of the Said Building but simultaneously with delivery of possession of the Said Unit (2) if covered, the Parking Space shall be at the ground floor of the Said Building and if open, at any place on the ground floor of the Said Premises (3) the Parking Space can only be used for parking of a medium sized motor car/two xxxxxxx of the Buyer and not for any other purposes (4) the Buyer will have only the right to park in the Parking Space and (5) transfer of the Parking Space shall always be appurtenant to transfer of the Said Unit.
Sample 1
Parking Space Allotment. Acceptance by the Purchasers that the Parking Space, if any, shall be allotted to the Purchasers in the independent / dependent Mechanical Parking Systems only and the system in which the Purchasers shall park his/her/their car collectively with other parking right holders shall be made known to him/her/them upon completion of construction of the Common Portions and upon complete successful installation of the Mechanical Parking systems. The parties hereto agrees that the Developer at its sole discretion without any interference by the Purchasers may allot all available open and covered spaces for parking to anyone including but not limited to the Unit holder of the said Complex but also the outsiders. The Developer shall install Mechanical Car Parking Systems in the spaces available for parking and allot these for parking on sharing basis. The Developer shall provide the maintenance (excluding electrical expenses) of the Mechanical Car Parking for 1 year (to be calculated from the date of installation) at free of cost and thereafter, all the cost for maintaining the Mechanical Car Parking System shall be borne proportionately by the Co-Owners having spaces in the Mechanical Car Parking System. Similarly the electrical cost of the same shall be borne proportionately by the Co-Owners having spaces in the Mechanical Car Parking System. After handing over the system to the Maintenance Company for the purpose of maintenance the maintenance company shall maintain the same and the Developer shall cease to have any responsibility of any nature whatsoever. However, the Developer shall install the parking systems of WOHR Parking Systems, a German based company or of any other equivalent reputed brand. The Purchasers or any of his invitees or visitors shall not park car or two wheelers in any part of the open space unless otherwise expressly permitted by the Developer in writing or unless as permitted under this agreement.
Sample 1
Parking Space Allotment. Acceptance by the Buyer that the Parking Space allotted to the Buyer may be relocated upon completion of construction of the Common Portions. The mutual agreement by and between the Parties that (1) the Parking Space agreed to be taken by the Buyer can only be used for parking of a medium sized motor car of the Buyer and not for any other purposes and (2) the Buyer will have only right to park in the Parking Space and shall not raise any dispute with regard to the allotment and usage of the same. The Buyer hereby accepts the above and shall not raise any objection with regard thereto.
Sample 1
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Parking Space Allotment. The mutual agreement and acceptance by and between the Parties that (1) the Parking Space (if any has been agreed to be taken by the Assignee) shall be allotted to the Assignee after completion of construction of the Buildings but simultaneously with delivery of possession of the Said Flat, (2) if covered, the Parking Space shall be at the basement of the Buildings and if open, at any place at the ground level of the Said Premises, (3) the Parking Space can only be used for parking of a medium sized motor car of the Assignee and/or two-xxxxxxx and not for any other purposes and (4) the Assignee will have only right to park in the Parking Space.
Sample 1

Related to Parking Space Allotment

  • Parking Space The address required to find and physically park the Lessee’s vehicle is mandatory for this agreement to be valid. Section II. Term (7)

  • Parking Spaces All fees, taxes, costs, charges and expenses for operating cleaning, painting, managing maintaining, up-keeping, repair, replacement, renovation, overhaul, in respect of the Parking Spaces and also on deployment of personnel and agency for its operation, security, protection and other purposes etc.

  • Storage Space Landlord shall, commencing on March 1, 2006, and continuing for the balance of the Term, make available for Tenant’s use and for lease by Tenant up to approximately 3,000 rentable square feet of storage space (“Storage Space”) at the lower level of the Building as determined by Landlord and approved by Tenant. Tenant shall have the right, upon at least thirty (30) days advance notice to Landlord delivered to Landlord no later than November 1, 2005 (“Tenant’s Storage Space Election Notice”), and thereafter subject to availability, to lease such storage space (or any portion thereof). Such storage space shall be in one contiguous block (if available, or otherwise configured in a manner reasonably acceptable to Tenant), secure (i.e., having a lockable entrance), sprinkled and lighted in accordance with all Laws and located in a portion of the lower level of the Building designated by Landlord with reasonable access to and from the Building freight elevators and loading docks. Tenant acknowledges that any such space shall be created in the parking garage of the Building, and Tenant agrees that it shall be responsible for payment of all costs incurred by Landlord in creating such storage space. Tenant shall use such storage space for purposes of storing files, records, furniture, equipment, supplies, attic stock and materials of the type customarily used by office building tenants, and for no other purposes. Tenant shall pay Rent for such storage space at the gross rental rate (i.e., there shall be no Operating Cost Share Rent or Tax Share Rent separately payable for any such storage space) of $12.00 per square foot of rentable area thereof if leased during the first Lease Year of the Term, subject to $0.40 per rentable square foot annual increases during the Term. Tenant’s use of such storage space shall be subject to such reasonable rules and regulations as Landlord from time to time may promulgate on a non-discriminatory basis.

  • Expansion Premises In addition to the Original Premises, commencing on the Expansion Premises Commencement Date (as defined below), Landlord leases to Tenant, and Tenant leases from Landlord, the Expansion Premises.

  • Adjacent Premises If the Premises are part of a larger building, or of a group of buildings owned by Lessor which are adjacent to the Premises, the Lessee shall pay for any increase in the premiums for the property insurance of such building or buildings if said increase is caused by Lessee's acts, omissions, use or occupancy of the Premises.

  • Additional Premises Landlord shall use commercially reasonable efforts to expand the Premises to include an additional fifteen thousand four hundred ten (15,410) square feet of Rentable Area located on the first (1st) floor, as shown on Exhibit A attached hereto (the “Additional Premises”) on July 1, 2012 (the “Additional Premises Delivery Date”). In the event Landlord determines the Additional Premises will be ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, within ten (10) business days prior to the Additional Premises Delivery Date, Landlord and Tenant shall enter into a written amendment to the Lease, which amendment shall provide, unless otherwise agreed in writing, (a) that the commencement date of the Additional Premises shall be the Additional Premises Delivery Date (the “Additional Premises Commencement Date”), (b) that, as of the Additional Premises Commencement Date, the Premises under the Lease shall be increased to include the Additional Premises for a total of sixty-one thousand four hundred forty-four (61,444) square feet of Rentable Area (together, the Premises and the Additional Premises shall be referred to hereinafter as the “Total Premises”), (c) the new Basic Annual Rent applicable to the Total Premises, which shall commence on the Additional Premises Commencement Date and shall be as further described in Section 4.2 of this Amendment, (d) Tenant’s new Pro Rata Share of Operating Expenses as of the Additional Premises Commencement Date, which Pro Rata Share shall equal one hundred percent (100%) of the Building and thirty-three and 51/100 percent (33.51%) of the Project and (e) that, in addition to the parking which Tenant is entitled to under the terms of the Lease with respect to the original Premises, Tenant, for so long as Tenant leases the Additional Premises, shall have a non-exclusive license to use the parking facilities serving the Building in common on an unreserved basis with other tenants of the Building and the Project at a ratio of 3.3 parking spaces per 1,000 rentable square feet of Additional Premises, which amounts to fifty-one (51) additional parking spaces, which number shall include three (3) additional Reserved Spaces. In the event the Additional Premises is not ready for delivery to Tenant in the Required Condition on the Additional Premises Delivery Date, then (x) this Amendment and the Lease shall not be void or voidable, (y) Landlord shall not be liable to Tenant for any loss or damage resulting therefrom and (z) the new Basic Annual Rent applicable to the Premises shall be as further described in Section 4.3 of this Amendment.

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