Common use of TENANT PARKING Clause in Contracts

TENANT PARKING. Commencing on the Lease Commencement Date, Tenant shall have the right, at no cost to Tenant during the initial Lease Term (with the parking charge, if any, during Extension Terms to be determined as a component of Fair Market Rental Value), to the use of the number of parking permits set forth in Section 9 of the Summary, which parking permits shall pertain to the Project parking facilities. Such parking permits shall permit Tenant and its employees and invitees to use, on a nonexclusive basis, together with other tenants and their respective employees and invitees, any undesignated, unreserved spaces available in such parking facility for the Building. Tenant shall abide by all rules and regulations which are prescribed from time to time for the orderly operation and use of the Project parking facility, provided that Landlord shall not prescribe any rules and regulations which unreasonably and adversely affect Tenant's use of the Project parking facility. Such rules and regulations shall provide that Tenant shall pay Landlord's then current nominal charge for any replacement of any Tenant parking pass card, if any, which is lost, stolen, damaged or destroyed. Tenant understands and agrees that, pursuant to the CC&R's, other owners of adjacent property to the Project have been or will be granted reciprocal rights of access and parking over certain portions of the Project as more particularly set forth in the CC&R's; provided, however, the use of the parking structure will be limited to tenants of the Project. Landlord shall not, without Tenant's prior written approval (which approval shall not be unreasonably withheld), change the size, configuration, design, layout and all other aspects of the Project parking facilities at any time, and if Tenant approves any such changes, Tenant acknowledges and agrees that Landlord may, without incurring any liability to Tenant and without any abatement of Rent under this Lease, from time to time, temporarily restrict access to the Project parking facility for purposes of permitting any such construction, alteration or improvements so long as Landlord takes all reasonable measures to minimize any disruption to Tenant's use or access of the Project parking facilities for the duration of any such construction, alteration or improvements. Notwithstanding the foregoing, Landord may, without Tenant's prior written approval, make such changes to the Project parking facilities to the extent such changes are mandated by any applicable governmental law, rule or regulation or any changes to any governmental law, rule or regulation. If Landlord is forced to relocate Tenant's parking off site of the Project parking facility, any such relocation shall be temporary and Landlord shall use commercially reasonable efforts to cause such relocation to be within a reasonable walking or shuttle distance of the Project. Further, Landlord shall not knowingly allow any non-tenants of the Project to use the Project parking facilities in violation of the CC&R's without Tenant's prior written approval. Landlord agrees that the average number of parking permits granted by Landlord to any other tenants of the Project shall not exceed four and one-half (4.5) parking permits per 1,000 usable square feet of space so leased. Landlord may delegate its responsibilities hereunder to a parking operator in which case such parking operator shall have all the rights of control attributed hereby to the Landlord. Tenant's parking permits under this Article 28 are provided to Tenant solely for use by Tenant's own personnel and such privileges may not be transferred, assigned, subleased or otherwise alienated by Tenant without Landlord's prior approval other than on a pro rata basis to Permitted Affiliates and Permitted Transferees. Tenant's invitees and guests may use parking spaces in such parking facility which are not allocated or reserved for Tenant or other occupants or visitors of the Building or Project on a first-come, first-serve basis. Notwithstanding the foregoing, approximately ten percent (10%) of Tenant's parking permits for the Building shall be reserved spaces for Tenant's visitors and employees of the Building, as will be shown on a Project parking plan prepared by Landlord and acceptable to Tenant. Landlord shall have the right to relocate such reserved spaces from time to time so long as Landlord provides Tenant with reserved spaces within the same general proximity of the Building. The parking permits allocated to Tenant are not for long term (i.e., more than ninety-six (96) hours) storage of automobiles, and are not for short or long term storage of boats, trailers, recreational vehicles, motorcycles or other vehicles or equipment. Tenant shall have the option to require Landlord to add, at Tenant's sole cost and expense (other PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] than the cost of card keys for tenant(s) of Building 4, unless Tenant exercises its option to lease Building 4), a card key entry system to the parking structure (as selected by Tenant and reasonably approved by Landlord) for the Project and/or security cameras (including a security desk and console with monitors for each security camera at the location specified in EXHIBIT "I") within the parking structure for the Project; if Tenant exercises such option, Tenant shall pay such cost to Landlord, as Additional Rent, within thirty (30) days after Tenant's receipt of reasonably detailed invoice(s).

Appears in 1 contract

Samples: Office Lease (Peregrine Systems Inc)

AutoNDA by SimpleDocs

TENANT PARKING. Commencing Tenant shall be entitled to the exclusive use, commencing on the Lease Commencement Date, Tenant of the surface parking lot(s) of the Project as depicted on Schedule 28 attached hereto ("Tenant's Parking Areas"). Tenant, through its payment of CAM Expenses, shall have be responsible for the right, at no cost to Tenant during the initial Lease Term (full amount of any taxes imposed by any governmental authority in connection with the parking charge, if any, during Extension Terms to be determined as a component of Fair Market Rental Value), to the use of Tenant's Parking Areas. Tenant's continued right to use the number of parking permits set forth in Section 9 of the Summary, which parking permits shall pertain to the Project parking facilities. Such parking permits shall permit Tenant's Parking Areas is conditioned upon Tenant and its employees and invitees to use, on a nonexclusive basis, together with other tenants and their respective employees and invitees, any undesignated, unreserved spaces available in such parking facility for the Building. Tenant shall abide abiding by all reasonable rules and regulations which are prescribed from time to time for the orderly operation and use of the Project parking facilityTenant's Parking Areas, provided Tenant's cooperation in seeing that Landlord shall not prescribe any Tenant's employees and visitors also comply with such rules and regulations which unreasonably and adversely affect Tenant's use of the Project parking facility. Such rules and regulations shall provide that Tenant shall pay Landlord's then current nominal charge for any replacement of any Tenant parking pass card, if any, which is lost, stolen, damaged or destroyed. Tenant understands and agrees that, pursuant to the CC&R's, other owners of adjacent property to the Project have been or will be granted reciprocal rights of access and parking over certain portions of the Project as more particularly set forth in the CC&R's; provided, however, the use of the parking structure will be limited to tenants of the Projectregulations. Landlord shall not, without Tenant's prior written approval (which approval shall not be unreasonably withheld), change reserves the right to cause the modification of the size, configuration, design, layout and all other aspects of parking at the Project parking facilities at any timetime and, and if Tenant approves any such changesin connection therewith, Tenant acknowledges and agrees that Landlord maythat, without incurring any liability to Tenant and without any abatement of Rent under this Lease, from time to time, Landlord shall have the right to temporarily restrict access to provide alternative parking (with the substantially the same amount of parking stalls) within the Project parking facility for purposes of permitting any such construction, alteration or improvements so long as Landlord takes all reasonable measures to minimize any disruption to such alternative parking shall not be significantly less convenient than Tenant's use or access of the Project parking facilities for the duration of any such constructionParking Areas or, alteration or improvements. Notwithstanding the foregoingif necessary, Landord may, without Tenant's prior written approval, make such changes to the Project parking facilities to the extent such changes are mandated by any applicable governmental law, rule or regulation or any changes to any governmental law, rule or regulation. If Landlord is forced to permanently relocate Tenant's Parking Areas to other parking off site of lots within the Project parking facility, any such relocation shall be temporary and Landlord shall use commercially reasonable efforts reasonably acceptable to cause such relocation to be within a reasonable walking or shuttle distance of the ProjectTenant. Further, Landlord shall not knowingly allow any non-tenants of the Project The right to use the Project parking facilities in violation of the CC&R's without Tenant's prior written approval. Landlord agrees that the average number of parking permits Parking Areas granted by Landlord to any other tenants of the Project shall not exceed four and one-half (4.5) parking permits per 1,000 usable square feet of space so leased. Landlord may delegate its responsibilities hereunder Tenant pursuant to a parking operator in which case such parking operator shall have all the rights of control attributed hereby to the Landlord. Tenant's parking permits under this Article 28 are provided to Tenant is solely for use by Tenant's own personnel and such privileges may not be transferred, assigned, subleased or otherwise alienated by Tenant without Landlord's prior approval other than approval, except on a pro pro-rata basis to Permitted Affiliates and Permitted Transferees. Tenant's invitees and guests may use parking spaces in such parking facility which are not allocated connection with an assignment or reserved for Tenant or other occupants or visitors subletting of the Building Premises permitted or Project on a first-come, first-serve basis. Notwithstanding approved in accordance with the foregoing, approximately ten percent (10%) TCCs of Tenant's parking permits for the Building shall be reserved spaces for Tenant's visitors and employees Article 14 of the Building, as will be shown on a Project parking plan prepared by Landlord and acceptable to Tenant. Landlord shall have the right to relocate such reserved spaces from time to time so long as Landlord provides Tenant with reserved spaces within the same general proximity of the Building. The parking permits allocated to Tenant are not for long term (i.e., more than ninety-six (96) hours) storage of automobiles, and are not for short or long term storage of boats, trailers, recreational vehicles, motorcycles or other vehicles or equipment. Tenant shall have the option to require Landlord to add, at Tenant's sole cost and expense (other PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] than the cost of card keys for tenant(s) of Building 4, unless Tenant exercises its option to lease Building 4), a card key entry system to the parking structure (as selected by Tenant and reasonably approved by Landlord) for the Project and/or security cameras (including a security desk and console with monitors for each security camera at the location specified in EXHIBIT "I") within the parking structure for the Project; if Tenant exercises such option, Tenant shall pay such cost to Landlord, as Additional Rent, within thirty (30) days after Tenant's receipt of reasonably detailed invoice(s)this Lease.

Appears in 1 contract

Samples: Lease Agreement (Broadcom Cayman L.P.)

TENANT PARKING. Commencing on During the Lease Commencement DateTerm, Tenant shall have the rightnon-exclusive right to use the Project parking facilities allocated to the Building, at no cost to Tenant during as identified on Exhibit C attached hereto (the initial Lease Term (with the parking charge, if any, during Extension Terms to be determined as a component of Fair Market Rental Value“Building Parking Area”), for parking of automobiles on a first-come, first-served, as available basis; provided, however, Tenant's use of the Project parking facilities shall never exceed Tenant's equitable allocation of available parking, as reasonably determined by Landlord, but in no event shall be less than [***] (the “Parking Ratio”). As part of Tenant’s parking rights, Tenant shall have the right to use [***] reserved parking spaces within the Building Parking Area directly in front of the entrance to the 1400A Tower (in a location mutually acceptable to Landlord and Tenant) (“Tenant Reserved Parking”), which reserved spaces shall be marked for the exclusive use of the Tenant’s employees and guests, including, without limitation, one space for Tenant’s Chairman and Chief Executive Officer (at Tenant’s sole cost and expense). Tenant shall be responsible for the full amount of any taxes imposed by any governmental authority in connection with the use of the number of parking permits set forth in Section 9 of the Summary, which parking permits shall pertain to the Project parking facilitiesfacilities by Tenant. Such parking permits shall permit Tenant and its employees and invitees to use, on a nonexclusive basis, together with other tenants and their respective employees and invitees, any undesignated, unreserved spaces available in such parking facility for the Building. Tenant Tenant's shall abide by all rules and regulations which are prescribed from time to time for the orderly operation and use of the Project parking facility, provided facilities (including any sticker or other identification system established by Landlord and the prohibition of vehicle repair and maintenance activities in the Project's parking facilities) and Tenant shall reasonably cooperate in seeing that Landlord shall not prescribe any Tenant's employees and visitors also comply with such rules and regulations which unreasonably ; provided that any such rules and regulations will be effective as to Tenant when written notice thereof is received by Tenant and no such rules and regulations shall materially adversely affect Tenant’s parking rights under this Lease. Tenant's use of the Project parking facility. Such rules facilities shall be at Tenant's sole risk and regulations shall provide that Tenant shall pay Landlord's then current nominal charge for any replacement of any Tenant parking pass card, if any, which is lost, stolen, damaged or destroyed. Tenant understands acknowledges and agrees that, pursuant that Landlord shall have no liability whatsoever for damage to the CC&Rvehicles of Tenant, its employees and/or visitors, or for other personal injury or property damage or theft relating to or connected with the parking rights granted herein or any of Tenant's, other owners of adjacent property to the Project have been or will be granted reciprocal rights of access and parking over certain portions of the Project as more particularly set forth in the CC&R's; provided, however, the its employees' and/or visitors' use of the parking structure will be limited facilities. Tenant's rights hereunder are subject to tenants the terms of the Projectany Underlying Documents. Landlord shall not, without Tenant's prior written approval (which approval shall not be unreasonably withheld), specifically reserves the right to change the size, configuration, design, layout and all other aspects of the Project parking facilities at any time, time and if Tenant approves any such changes, Tenant acknowledges and agrees that Landlord may, without incurring any liability to Tenant and without any abatement of Rent under this Lease, from time to time, temporarily close-off or restrict access to the Project parking facility facilities for purposes of permitting or facilitating any such construction, alteration or improvements so long as provided that if any such temporary closure or restriction reduces the available parking spaces in the Building Parking Area to less than the Parking Ratio, then Landlord takes all reasonable measures shall permit Tenant to minimize any disruption to Tenant's use or access of the other Project parking facilities (as reasonably selected by Landlord), to bring the parking spaces available for the duration of any such construction, alteration or improvements. Notwithstanding the foregoing, Landord may, without Tenant's prior written approval, make such changes ’s use back up to the Project parking facilities to the extent such changes are mandated by any applicable governmental law, rule or regulation or any changes to any governmental law, rule or regulation. If Landlord is forced to relocate Tenant's parking off site of the Project parking facility, any such relocation shall be temporary and Landlord shall use commercially reasonable efforts to cause such relocation to be within a reasonable walking or shuttle distance of the Project. Further, Landlord shall not knowingly allow any non-tenants of the Project to use the Project parking facilities in violation of the CC&R's without Tenant's prior written approval. Landlord agrees that the average number of parking permits granted by Landlord to any other tenants of the Project shall not exceed four and one-half (4.5) parking permits per 1,000 usable square feet of space so leasedParking Ratio. Landlord may delegate its responsibilities hereunder to a parking operator in which case such parking operator shall have all the rights of control attributed hereby to the Landlord. Tenant's The parking permits under rights granted to Tenant pursuant to this Article 28 are provided to Tenant solely for use by Tenant's own personnel (and the personnel of FVG, TSSF, and any Permitted Transferee, during the terms of their applicable occupancy rights at the Premises, subject to Article 14 above) and such privileges rights may not be transferred, assigned, subleased or otherwise alienated by Tenant without Landlord's prior approval other than on (in Landlord’s sole and absolute discretion, except in connection with a pro rata basis to Permitted Affiliates and Permitted Transferees. Tenant's invitees and guests may use parking spaces Transfer, in such parking facility which are event Landlord’s approval shall not allocated be unreasonably withheld, conditioned or reserved for Tenant or other occupants or visitors of the Building or Project on a first-come, first-serve basis. Notwithstanding the foregoing, approximately ten percent (10%) of Tenant's parking permits for the Building shall be reserved spaces for Tenant's visitors and employees of the Building, as will be shown on a Project parking plan prepared by Landlord and acceptable to Tenant. Landlord shall have the right to relocate such reserved spaces from time to time so long as Landlord provides Tenant with reserved spaces within the same general proximity of the Building. The parking permits allocated to Tenant are not for long term (i.e., more than ninety-six (96) hours) storage of automobiles, and are not for short or long term storage of boats, trailers, recreational vehicles, motorcycles or other vehicles or equipment. Tenant shall have the option to require Landlord to add, at Tenant's sole cost and expense (other PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] than the cost of card keys for tenant(s) of Building 4, unless Tenant exercises its option to lease Building 4), a card key entry system to the parking structure (as selected by Tenant and reasonably approved by Landlord) for the Project and/or security cameras (including a security desk and console with monitors for each security camera at the location specified in EXHIBIT "I") within the parking structure for the Project; if Tenant exercises such option, Tenant shall pay such cost to Landlord, as Additional Rent, within thirty (30) days after Tenant's receipt of reasonably detailed invoice(sdelayed).

Appears in 1 contract

Samples: Office Lease (C3.ai, Inc.)

TENANT PARKING. Commencing on the Lease Commencement Date, Tenant shall have the right, at no cost to Tenant during the initial Lease Term (with the parking charge, if any, during Extension Terms to be determined as a component of Fair Market Rental Value), to the use of the number of parking permits set forth in Section 9 of the Summary, which parking permits shall pertain to the Project parking facilities. Such parking permits shall permit Tenant and its employees and invitees to use, on a nonexclusive basis, together with other tenants and their respective employees and invitees, any undesignated, unreserved spaces available in such parking facility for the Building. If the parking structure for the Project is not completed as of the Lease Commencement Date, Tenant's parking specified in Section 9 of the Summary shall be satisfied by surface parking (some of which may be temporary surface parking) within the Project. Tenant shall abide by all rules and regulations which are prescribed from time to time for the orderly operation and use of the Project parking facility, provided that Landlord shall not prescribe any rules and regulations which unreasonably and adversely affect Tenant's use of the Project parking facility. Such rules and regulations shall provide that Tenant shall pay Landlord's then current nominal charge for any replacement of any Tenant parking pass card, if any, which is lost, stolen, damaged or destroyed. Tenant understands and agrees that, pursuant to the CC&R's, other owners of adjacent property to the Project have been or will be granted reciprocal rights of access and parking over certain portions of the Project as more particularly set forth in the CC&R's; provided, however, the use of the parking structure will be limited to tenants of the Project. Landlord shall not, without Tenant's prior written approval (which approval shall not be unreasonably withheld), change the size, configuration, design, layout and all other aspects of the Project parking facilities at any time, and if Tenant approves any such changes, Tenant acknowledges and agrees that Landlord may, without incurring any liability to Tenant and without any abatement of Rent under this Lease, from time to time, temporarily restrict access to the Project parking facility for purposes of permitting any such construction, PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] alteration or improvements iprovements so long as Landlord takes all reasonable measures to minimize any disruption to Tenant's use or access of the Project parking facilities for the duration of any such construction, alteration or improvements. Notwithstanding the foregoing, Landord Landlord may, without Tenant's prior written approval, make such changes to the Project parking facilities to the extent such changes are mandated by any applicable governmental law, rule or regulation or any changes to any governmental law, rule or regulation. If Landlord is forced to relocate Tenant's parking off site of the Project parking facility, any such relocation shall be temporary and Landlord shall use commercially reasonable efforts to cause such relocation to be within a reasonable walking or shuttle distance of the Project. Further, Landlord shall not knowingly allow any non-tenants of the Project to use the Project parking facilities in violation of the CC&R's without Tenant's prior written approval. Landlord agrees that the average number of parking permits granted by Landlord to any other tenants of the Project shall not exceed four and one-half (4.5) parking permits per 1,000 usable square feet of space so leased. Landlord may delegate its responsibilities hereunder to a parking operator in which case such parking operator shall have all the rights of control attributed hereby to the Landlord. Tenant's parking permits under this Article 28 are provided to Tenant solely for use by Tenant's own personnel and such privileges may not be transferred, assigned, subleased or otherwise alienated by Tenant without Landlord's prior approval other than on a pro rata basis to Permitted Affiliates and Permitted Transferees. Tenant's invitees and guests may use parking spaces in such parking facility which are not allocated or reserved for Tenant or other occupants or visitors of the Building or Project on a first-come, first-serve basis. Notwithstanding the foregoing, approximately ten percent (10%) of Tenant's parking permits for the Building shall be reserved spaces for Tenant's visitors and employees of the Building, as will be shown on a Project parking plan prepared by Landlord and acceptable to Tenant. Landlord shall have the right to relocate such reserved spaces from time to time so long as Landlord provides Tenant with reserved spaces within the same general proximity of the Building. The parking permits allocated to Tenant are not for long term (i.e., more than ninety-six (96) hours) storage of automobiles, and are not for short or long term storage of boats, trailers, recreational vehicles, motorcycles or other vehicles or equipment. Tenant shall have the option to require Landlord to add, at Tenant's sole cost and expense (other PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] than the cost of card keys for tenant(s) of Building 4, unless Tenant exercises its option to lease Building 4), a card key entry system to the parking structure (as selected by Tenant and reasonably approved by Landlord) for the Project and/or security cameras (including a security desk and console with monitors for each security camera at the location specified in EXHIBIT "I") within the parking structure for the Project; if Tenant exercises such option, Tenant shall pay such cost to Landlord, as Additional Rent, within thirty (30) days after Tenant's receipt of reasonably detailed invoice(s).

Appears in 1 contract

Samples: Office Lease (Peregrine Systems Inc)

AutoNDA by SimpleDocs

TENANT PARKING. Commencing on the Lease Commencement Effective Date, Tenant shall have the right, at no cost to Tenant during the initial Lease Term (with the parking charge, if any, during Extension Terms to be determined as a component of Fair Market Rental Value), to the use of the number of parking permits set forth in Section 9 of the Summary, which parking permits shall pertain to the Project parking facilities. Such parking permits shall permit Tenant and its employees and invitees to use, on a nonexclusive basis, together with other tenants and their respective employees and invitees, any undesignated, unreserved spaces available in only those parking areas designated in the CC&R’s Parking Plan as Section 6 (the “Parking Structure”) and Section 7 (the surface parking areas between Buildings 2-5 and the Parking Structure), and no others. Tenant shall be responsible for the full amount of any taxes imposed by any governmental authority in connection with the renting of such parking passes by Tenant or the use of the Project parking facility for the Buildingby Tenant. Tenant shall abide by the CC&R’s Parking Plan and all rules and regulations which are prescribed from time to time for the orderly operation and use of the Project parking facility, facility (including without limitation those attached hereto as Exhibit D). provided that Landlord shall not prescribe any other rules and regulations which unreasonably and adversely affect Tenant's ’s use of the Project parking facility. Such rules and regulations shall provide that Tenant shall pay Landlord's ’s then current nominal charge for any replacement of any Tenant parking pass card, if any, which is lost, stolen, damaged or destroyed. Tenant understands and agrees that, pursuant to the CC&R's’s, other owners of adjacent property to the Project have been or will be granted reciprocal rights of access and parking over certain portions of the Project as more particularly set forth in the CC&R's’s; provided, however, the use of the parking structure will be limited to tenants of the Project. Landlord shall not, without Tenant's prior written approval (which approval shall not be unreasonably withheld), change the size, configuration, design, layout and all other aspects of the Project parking facilities at any time, and if Tenant approves any such changes, Tenant acknowledges and agrees that Landlord may, without incurring any liability to Tenant and without any abatement of Rent under this Lease, from time to time, temporarily restrict access to the Project parking facility for purposes of permitting any such construction, alteration or improvements so long as Landlord takes all reasonable measures to minimize any disruption to Tenant's ’s use or access of the Project parking facilities for the duration of any such construction, alteration or improvements. Notwithstanding the foregoing, Landord Landlord may, without Tenant's prior ’s prior, written approval, make such changes to the Project parking facilities to the extent such changes are mandated by any applicable governmental law, rule or regulation or any changes to any governmental law, rule or regulation. If Landlord is forced to relocate Tenant's ’s parking off site of the Project parking facility, any such relocation shall be temporary and Landlord shall use commercially reasonable efforts to cause such relocation to be within a reasonable walking or shuttle distance of the Project. Further, Landlord shall not knowingly allow any non-tenants of the Project to use the Project parking facilities in violation of the CC&R's without Tenant's prior written approval. Landlord agrees that the average number of parking permits granted by Landlord to any other tenants of the Project shall not exceed four and one-half (4.5) parking permits per 1,000 usable square feet of space so leased. Landlord may delegate its responsibilities hereunder to a parking operator in which case such parking operator shall have all the rights of control attributed hereby to the Landlord. Tenant's ’s parking permits under this Article 28 are provided to Tenant solely for use by Tenant's ’s own personnel and such privileges may not be transferred, assigned, subleased or otherwise alienated by Tenant without Landlord's ’s prior approval other than on a pro rata basis to Permitted Affiliates and Permitted TransfereesAffiliates. Tenant's ’s invitees and guests may use parking spaces in such parking (limited to the Section 6 and Section 7 parking areas designated in the CC&R’s Parking Plan) facility which are not allocated or reserved for Tenant or other occupants or visitors of the Building or Project on a first-come, first-serve basis. Notwithstanding the foregoing, approximately ten percent (10%) of Tenant's parking permits for the Building shall be reserved spaces for Tenant's visitors and employees of the Building, as will be shown on a Project parking plan prepared by Landlord and acceptable to Tenant. Landlord shall have the right to relocate such reserved spaces from time to time so long as Landlord provides Tenant with reserved spaces within the same general proximity of the Building. The parking permits allocated to Tenant are not for long term (i.e., more than ninety-six (96) hours) storage of automobiles, and are not for short or long term storage of boats, trailers, recreational vehicles, motorcycles or other vehicles or equipment. Tenant shall have the option to require Landlord to add, at Tenant's sole cost and expense (other PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] than the cost of card keys for tenant(s) of Building 4, unless Tenant exercises its option to lease Building 4), a card key entry system to the parking structure (as selected by Tenant and reasonably approved by Landlord) for the Project and/or security cameras (including a security desk and console with monitors for each security camera at the location specified in EXHIBIT "I") within the parking structure for the Project; if Tenant exercises such option, Tenant shall pay such cost to Landlord, as Additional Rent, within thirty (30) days after Tenant's receipt of reasonably detailed invoice(s).

Appears in 1 contract

Samples: Office Lease and Settlement Agreement (Peregrine Systems Inc)

TENANT PARKING. Commencing on the Lease Commencement Date, Tenant shall have the right, at no cost to Tenant during the initial Lease Term (with the parking charge, if any, during Extension Terms to be determined as a component of Fair Market Rental Value), to the use of the number of parking permits set forth in Section 9 of the Summary, which parking permits shall pertain to the Project parking facilities. Such parking permits shall permit Tenant and its employees and invitees to use, on a nonexclusive basis, together with other tenants and their respective employees and invitees, any undesignated, unreserved spaces available in such parking facility for the Building. Tenant shall abide by all rules and regulations which are prescribed from time to time for the orderly operation and use of the Project parking facility, provided that Landlord shall not prescribe any rules and regulations which unreasonably and adversely affect Tenant's use of the Project parking facility. Such rules and regulations shall provide that Tenant shall pay Landlord's then current nominal charge for any replacement of any Tenant parking pass card, if any, which is lost, stolen, damaged or destroyed. Tenant understands and agrees that, pursuant to the CC&R's, other owners of adjacent property to the Project have been or will be granted reciprocal rights of access and parking over certain portions of the Project as more particularly set forth in the CC&R's; provided, however, the use of the parking structure will be limited to tenants of the Project. Landlord shall not, without Tenant's prior written approval (which approval shall not be unreasonably withheld), change the size, configuration, design, layout and all other aspects of the Project parking facilities at any time, and if Tenant approves any such changes, Tenant acknowledges and agrees that Landlord may, without incurring any liability to Tenant and without any abatement of Rent under this Lease, from time to time, temporarily restrict access to the Project parking facility for purposes of permitting any such construction, alteration or improvements so long as Landlord takes all reasonable measures to minimize any disruption to Tenant's use or access of the Project parking facilities for the duration of any such construction, alteration or improvements. Notwithstanding the foregoing, Landord Landlord may, without PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] Tenant's prior written approval, make such changes to the Project parking facilities to the extent such changes are mandated by any applicable governmental law, rule or regulation or any changes to any governmental law, rule or regulation. If Landlord is forced to relocate Tenant's parking off site of the Project parking facility, any such relocation shall be temporary and Landlord shall use commercially reasonable efforts to cause such relocation to be within a reasonable walking or shuttle distance of the Project. Further, Landlord shall not knowingly allow any non-tenants of the Project to use the Project parking facilities in violation of the CC&R's without Tenant's prior written approval. Landlord agrees that the average number of parking permits granted by Landlord to any other tenants of the Project shall not exceed four and one-half (4.5) parking permits per 1,000 usable square feet of space so leased. Landlord may delegate its responsibilities hereunder to a parking operator in which case such parking operator shall have all the rights of control attributed hereby to the Landlord. Tenant's parking permits under this Article 28 are provided to Tenant solely for use by Tenant's own personnel and such privileges may not be transferred, assigned, subleased or otherwise alienated by Tenant without Landlord's prior approval other than on a pro rata basis to Permitted Affiliates and Permitted Transferees. Tenant's invitees and guests may use parking spaces in such parking facility which are not allocated or reserved for Tenant or other occupants or visitors of the Building or Project on a first-come, first-serve basis. Notwithstanding the foregoing, approximately ten percent (10%) of Tenant's parking permits for the Building shall be reserved spaces for Tenant's visitors and employees of the Building, as will be shown on a Project parking plan prepared by Landlord and acceptable to Tenant. Landlord shall have the right to relocate such reserved spaces from time to time so long as Landlord provides Tenant with reserved spaces within the same general proximity of the Building. The parking permits allocated to Tenant are not for long term (i.e., more than ninety-six (96) hours) storage of automobiles, and are not for short or long term storage of boats, trailers, recreational vehicles, motorcycles or other vehicles or equipment. Tenant shall have the option to require Landlord to add, at Tenant's sole cost and expense (other PEREGRINE SYSTEMS CORPORATE CENTER [Peregrine Systems] than the cost of card keys for tenant(s) of Building 4, unless Tenant exercises its option to lease Building 4), a card key entry system to the parking structure (as selected by Tenant and reasonably approved by Landlord) for the Project and/or security cameras (including a security desk and console with monitors for each security camera at the location specified in EXHIBIT "I") within the parking structure for the Project; if Tenant exercises such option, Tenant shall pay such cost to Landlord, as Additional Rent, within thirty (30) days after Tenant's receipt of reasonably detailed invoice(s).

Appears in 1 contract

Samples: Office Lease (Peregrine Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.