Common use of Required Parking Spaces Clause in Contracts

Required Parking Spaces. Property Owner B will provide Off-Site Parking Spaces for Property Owner A. Nothing in this Agreement prohibits the sharing of parking spaces, so long as the requirements of the Off-Street Parking Ordinance are satisfied for both Properties. Any certificate of occupancy that is issued for Property A is subject to the continued availability of the Off-Site Parking Spaces for use by Property Owner A at Property B. Property Owner B shall continue to provide the Off-Site Parking Spaces for the benefit of Property A, until such time as Property Owner A replaces the Off-Site Parking Spaces.

Appears in 2 contracts

Sources: Shared Parking Agreement, Shared Parking Agreement