Storage Space Clause Samples
The Storage Space clause defines the terms under which storage areas are provided and used within a property or facility. It typically outlines the location, size, permitted uses, and any restrictions or responsibilities related to the storage space, such as maintenance or liability for stored items. This clause ensures both parties understand their rights and obligations regarding storage, helping to prevent disputes over access, usage, or damage to stored property.
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Storage Space. Effective as of the Fifth Expansion Space Effective Date, Landlord leases to Tenant and Tenant leases from Landlord approximately 491 square feet on the first floor of the Garage and known Storage Room No. 1 (the “Storage Space”) on the following terms and conditions (the “Storage Space Lease”):
(i) the term of the Storage Space Lease shall be one year commencing on the Fifth Expansion Space Effective Date and thereafter on a month-to-month basis, provided that in no event shall such term extend beyond the expiration or earlier termination of the Lease (as amended by this Fifth Amendment);
(ii) Tenant shall pay to Landlord as additional rent under the Lease for the Storage Space Lease the sum of $491.00 per month subject to increase by six percent (6%) effective each January 1 during the term of the Storage Space Lease. Such sum shall be due and payable on or before the first day of each calendar month during the term of the Storage Space Lease, concurrently with the payment of monthly installments of Annual Base Rent, provided that such Storage Space rent shall be prorated for any partial calendar month at the beginning or end of the term of the Storage Space Lease;
(iii) The Storage Space shall be used only for the storage of non-perishable personal property normally used in Tenant’s office operations and for no other purpose whatsoever. In no event shall Tenant store any toxic or hazardous materials in the Storage Space;
(iv) Landlord shall not be obligated to supply any heat, ventilation, air conditioning, water, janitorial service, cleaning or any other utility or service to the Storage Space. Tenant shall be responsible at its expense for any of the foregoing which it desires;
(v) The provisions of the Lease applicable to Tenant’s maintenance, indemnification, hold harmless, insurance, holdover and surrender obligations, and waiver of claims provisions, shall apply as well to the Storage Space (for the duration EAST\73391178.1 4 of the Storage Space Lease), and for such purposes the Storage Space shall be considered part of the Premises;
(vi) As of the Fifth Expansion Effective Date, Tenant accepts the Storage Space in its “AS IS” “WHERE IS” condition without any agreements, representations, understandings or obligations on the part of Landlord to perform any alterations, repairs or improvements thereto.
Storage Space. To the extent that any portion of the Leased Premises consists of storage space in or about the Property, Tenant shall use the storage space for storage of files, records, and other personal property only and for no other purpose. Tenant shall not store any food (other than canned items) or perishable goods, flammable materials (other than paper, cardboard, or normal office supplies), explosives, or any other inherently dangerous material in the storage space. Except for elevator service to the floor on which the storage space is located and lighting for reasonable visibility in the storage space, Tenant acknowledges and agrees that there shall be no other services whatsoever provided to the storage space. Tenant agrees and understands that no bailment, deposit of goods for safekeeping, warehouse receipt, ▇▇▇▇ of lading, or other document of title for the property stored by Tenant is intended or created hereby and Landlord is not engaged in the business of storing goods for hire or in the warehouse business.
Storage Space. The Leased Space includes the Storage Space, if any, identified in Exhibit 2. Storage Space is to be used to store inventory and supplies for use in the Retail Space. It may be used for other purposes relating to the Concession with the consent of the Commissioner, but not as a point of retail sale of Merchandise. If the Commissioner determines that Tenant is using Storage Space for purposes unrelated to the Concession, the Commissioner may unilaterally delete the Storage Space from the Leased Space. If the Commissioner determines that the size of the Storage Space exceeds the needs of the Tenant, the Commissioner may unilaterally reduce the size of the Storage Space.
Storage Space. Secure storage space shall be made available for the use of the local unit for the storage of a rolling cart.
Storage Space. 16 Secured storage space shall be provided to those employees with a discernible need 17 within budgetary and space limitations; however, the Employer and MSEA, through the 18 Labor-Management Conference process, will pursue furnishing secured storage space 19 and suitable alternatives with the goal of providing satisfactory secured storage space 20 within the terms of this Agreement.
Storage Space. 37.1. Subject to the provisions of this Article 37 and the provisions of Articles 11, 15, 16, and 25 of this Lease, Landlord hereby leases to Tenant approximately 400 RSF of storage space (“Storage Space”) on the Concourse Level of the Building in the approximate location as depicted on Exhibit “H”.
37.2. Tenant’s right to use the Storage Space will commence on the Commencement Date and terminate on the earlier of (i) 30 days’ prior written notice terminating Tenant’s lease of the Storage Space from either Landlord or Tenant to the other, or (ii) the expiration or earlier termination of the Term of this Lease.
37.3. During the Term, monthly rent for the Storage Space will be $500.00 ($15.00 per RSF) (“Storage Space Rent”), which will be payable in advance, without notice, on the first day of each month during the Term, at same place and in the same manner as the payment of Fixed Rent.
37.4. Tenant agrees to pay monthly, as Additional Rent, for electricity service usage by Tenant in the Storage Space, the cost of which is initially estimated to be $1.75 per RSF (per annum).
37.5. Tenant will use the Storage Space only for the storage and use of Tenant’s compressor unit and vacuum system subject to compliance by Tenant with the following conditions: (i) no noise in the Storage Space which, in the reasonable judgment of Landlord, might disturb other tenants or occupants of the Building will be made or permitted by Tenant, (ii) nothing will be done or permitted in the Storage Space by Tenant which would impair or interfere with the use or enjoyment of other portions of the Building by any tenant or occupant thereof, and (iii) the use of Tenant’s compressor in the Storage Space will be permitted by, and will be in compliance with, all applicable Laws. Tenant will use the Storage Space in a careful, safe and proper manner and install, at its sole cost and expense, any sound attenuation measures required to ensure that no noise will emanate from the Storage Space which might disturb other tenants or occupants of the Building. Tenant will not overload the floor of the Storage Space and agrees to be fully liable for any damages or losses sustained by Landlord as a result of any overloading by Tenant. Tenant will pay Landlord on demand for any damage to the Storage Space caused by misuse or abuse by Tenant, its agent or employees, or any other person entering the Storage Space under express or implied invitation of Tenant. Tenant will not utilize or permit the Stora...
Storage Space. Crosswinds agrees to provide storage sufficient in size to accommodate the Boat of the Owner described below (the "Boat").
Storage Space. The Board shall provide the BTA with storage space for BTA’s locked filing cabinets and materials in a District facility. Said space shall be made available in the ▇.▇. ▇▇▇▇▇ Building unless the BTA President and Superintendent agree otherwise.
Storage Space. The iPad affords acceptable but limited electronic storage space. If a user is lacking a sufficient amount of storage space on the device, he/she will be required to delete apps, music, photos, and so forth, in order to make necessary educational-related programs accessible. Users are encouraged to back up, duplicate, or archive files to an independent storage space. It is recommended that users email documents to themselves for storage using alternative methods. Users may also utilize “cloud” storage programs, which allow access to documents from other computers via the Internet. It is solely the responsibility of the user to ensure that work is not lost due to mechanical failure, accidental deletion, or profiling.
Storage Space. In addition to the Leased Premises, Landlord agrees that Tenant may use from and after the date that the same is delivered to Tenant (the “Storage Delivery Date”), for the sole and express purpose of storage of items used in conjunction with Tenant’s business in the Leased Premises, approximately six hundred forty-eight (648) square feet of basement storage space, commonly known as Space #13200B (hereinafter “Storage Space”) in the approximate location shown on Addendum II, Schedule 1 attached hereto, in accordance with all terms of the Lease except as specifically provided herein. Tenant shall accept the Storage Space in its “as is” condition. Any alterations or improvements to be performed by Tenant in the Storage Space shall be performed in accordance with plans and specifications approved in advance by Landlord, and in accordance with all applicable provisions of the Lease. Tenant may use the Storage Space throughout the Term, whereupon Tenant shall vacate and surrender the Storage Space to Landlord in good and broom clean condition. For all purposes under the Lease, the Storage Space shall be deemed to be a part of the Leased Premises, except as otherwise provided in this Addendum. Tenant shall pay Landlord the following as Additional Rent for the Storage Space (the “Storage Space Rent”): Rent Period Annually Monthly Storage Delivery Date to 12/31/2014 $ 15,552.00 $ 1,296.00 1/01/2015 to 12/31/2015 $ 16,018.56 $ 1,334.88 1/01/2016 to 12/31/2016 $ 16,499.12 $ 1,374.93 The Storage Space Rent shall be due and payable by Tenant monthly in advance on the first day of every calendar month during the Term, unless terminated earlier as provided above. The Floor Area of the Storage Space shall not, however, be included in Tenant’s Proportionate share for purposes of calculating Tax Rent or Tenant’s Share of Operating Costs, nor shall Tenant pay Minimum Rent on the Storage Space.