Joint Use definition
Examples of Joint Use in a sentence
Concourse B Basement Space shall not include Baggage Sortation Space, Automated Baggage System Space, or Concourse Joint Use Facility space.
Grantor’s share of Grantee’s annualized cost shall be determined by multiplying Grantee’s annualized cost to maintain the Joint Use Facilities by a fraction, the numerator of which is the square footage of the Lot A area served by the Joint Use Facilities, and the denominator of which is that same Lot A area plus the square footage of the P&R Lot area served by the Joint Use Facilities.
Buyer’s share of Seller’s annualized cost shall be determined by multiplying Seller’s annualized cost to maintain the Joint Use Facilities by a fraction, the numerator of which is the square footage of the Property area served by the Joint Use Facilities, and the denominator of which is the square footage of the Auburn Park-and-Ride area served by the Joint Use Facilities.
If the Lot A area served by the Joint Use Facilities, which area is shown in Exhibit D, is ever redeveloped or improved for any purpose other than a vehicle parking lot, then before commencing construction of such redevelopment or improvement Grantor or Grantor’s successor, assign, or designee shall disconnect Lot A’s stormwater or surface water system from the Joint Use Facilities.
Following is a listing of facilities that require a level of cost recovery beyond the parameters outlined in the IGA on Joint Use of Facilities.