Common use of Use of Parking Facilities Clause in Contracts

Use of Parking Facilities. During the Term and subject to the rules and regulations attached hereto as Exhibit “C”, as modified by Landlord from time to time (the “Rules”), Tenant shall be entitled to use the number of parking spaces set forth in Section 1.13 in the parking facility of the Project at the monthly rate applicable from time to time for monthly parking as set by Landlord and/or its licensee. As of the date of this Lease, Landlord and Tenant acknowledge that there doesn’t exist any fee for use of the Parking Facilities and Landlord shall agree that Tenant shall utilize the Parking Facilities at no charge for the Term of the Lease. Landlord may, in its sole discretion, assign tandem parking spaces to Tenant and designate the location of any reserved parking spaces. For purposes of this Lease, a “parking space” refers to the space in which one (1) motor vehicle is intended to park (e.g., a tandem parking stall includes two tandem parking spaces). Landlord reserves the right at any time to relocate Tenant’s reserved and unreserved parking spaces. If Tenant commits or allows in the parking facility any of the activities prohibited by the Lease or the Rules, then Landlord shall have the right, without notice, in addition to such other rights and remedies that it may have, to remove or tow away the vehicle involved and charge the cost to Tenant, which cost shall be immediately payable by Tenant upon demand by Landlord. Tenant’s parking rights are the personal rights of Tenant and Tenant shall not transfer, assign, or otherwise convey its parking rights separate and apart from this Lease.

Appears in 1 contract

Samples: Lease (Regenerx Biopharmaceuticals Inc)

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Use of Parking Facilities. During the Term term and subject to the rules and regulations attached hereto as Exhibit “C”, ,” as modified by Landlord from time to time (the “Rules”), Tenant shall be entitled to use the number of parking spaces set forth in Section 1.13 1.18 in the parking facility of the Project at Project. Tenant acknowledges that its right to use the monthly rate applicable from time to time unreserved parking spaces is on a first come first served basis and that Landlord gives Tenant no assurance that any number of unreserved parking spaces will always be available for monthly parking as set by Landlord and/or its licenseeTenant’s use. As of During the date entire term of this Lease, Landlord and Tenant acknowledge that there doesn’t exist any fee shall pay the parking charges required by Section 16.2 for use all of the Parking Facilities and Landlord shall agree that Tenant shall utilize the Parking Facilities at no charge for the Term of the Leaseparking spaces described in Section 1.18 whether or not such parking spaces are actually used by Tenant. Landlord may, in its sole discretion, assign tandem parking spaces to Tenant and designate the location of any reserved parking spacesspaces and any unreserved parking areas. If Landlord provides any reserved parking spaces to Tenant, Landlord shall not be responsible for enforcing Tenant’s reserved parking rights against any third parties. For purposes of this Lease, a “parking space” refers to the space in which one (1) motor vehicle is intended to park (e.g., a tandem parking stall includes two tandem parking spaces). Landlord reserves the right at any time to relocate Tenant’s reserved and unreserved parking spaces. If Tenant commits or allows in the parking facility any of the activities prohibited by the Lease or the Rules, then Landlord shall have the right, without notice, in addition to such other rights and remedies that it may have, to remove or tow away the vehicle involved and charge the cost to Tenant, which cost shall be immediately payable by Tenant upon demand by Landlord. Tenant’s parking rights are the personal rights of Tenant and Tenant shall not transfer, assign, or otherwise convey its parking rights separate and apart from this Lease.

Appears in 1 contract

Samples: Office Lease (ProNAi Therapeutics Inc)

Use of Parking Facilities. During the Term term and subject to the rules and regulations attached hereto as Exhibit "C”, ," as modified by Landlord from time to time (the "Rules"), Tenant shall be entitled to use 24 hours per day, 7 days per week the number of parking spaces set forth in Section 1.13 1.17 in the parking facility of the Project at the monthly rate applicable from time to time for monthly parking as set by Landlord and/or its licensee. As of the date of this Lease, Landlord and Tenant acknowledge that there doesn’t exist any fee for use of the Parking Facilities and Landlord shall agree that Tenant shall utilize the Parking Facilities at no charge for the Term of the LeaseOffice Park. Landlord may, in its sole discretion, assign tandem parking spaces to Tenant and designate the location of any reserved parking spaces. For purposes of this Lease, a "parking space" refers to the space in which one (1) motor vehicle is intended to park (e.g., a tandem parking stall includes two tandem parking spaces). Landlord reserves the right at any time to relocate Tenant’s reserved and unreserved 's parking spacesspaces within the same general parking area at the Office Park. If Tenant commits or allows in the parking facility any of the activities prohibited by the Lease or the Rules, then Landlord shall have the right, without notice, in addition to such other rights and remedies that it may have, to remove or tow away the vehicle involved and charge the cost to Tenant, which cost shall be immediately payable by Tenant upon demand by Landlord. Tenant’s 's parking rights are the personal rights of Tenant and Tenant shall not transfer, assign, or otherwise convey its parking rights separate and apart from this Lease.

Appears in 1 contract

Samples: Storagenetworks Inc

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Use of Parking Facilities. During the Term term and subject to the rules and regulations attached hereto as Exhibit "C”, ," as modified by Landlord from time to time (the "Rules"), Tenant shall be entitled to use the number of parking spaces set forth in Section 1.13 1.18 in the parking facility of the Project at Project. Tenant acknowledges that its right to use the monthly rate applicable from time to time unreserved parking spaces is on a first come first served basis and that Landlord gives Tenant no assurance that any number of unreserved parking spaces will always be available for monthly parking as set by Landlord and/or its licensee. As of the date of this Lease, Landlord and Tenant acknowledge that there doesn’t exist any fee for use of the Parking Facilities and Landlord shall agree that Tenant shall utilize the Parking Facilities at no charge for the Term of the LeaseTenant’s use. Landlord may, in its sole discretion, assign tandem parking spaces to Tenant and designate the location of any reserved parking spaces. For purposes of this Lease, a "parking space" refers to the space in which one (1) motor vehicle is intended to park (e.g., a tandem parking stall includes two tandem parking spaces). Landlord reserves the right at any time to relocate Tenant’s 's reserved and unreserved parking spaces. If Tenant commits or allows in the parking facility any of the activities prohibited by the Lease or the Rules, then Landlord shall have the right, without notice, in addition to such other rights and remedies that it may have, to remove or tow away the vehicle involved and charge the cost to Tenant, which cost shall be immediately payable by Tenant upon demand by Landlord. Tenant’s 's parking rights are the personal rights of Tenant and Tenant shall not transfer, assign, or otherwise convey its parking rights separate and apart from this Lease.

Appears in 1 contract

Samples: Standard Office Lease (Motivating the Masses Inc)

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