Surface Parking Spaces definition
Examples of Surface Parking Spaces in a sentence
Scheduled Commencement Date: June 1, 1999 Base Rent: (a) Initial Term Months Rent PRSF (Mo.) Monthly Installments 1 - 36 $1.2000 $20,400.00* 37 - 60 $1.3305 $22,617.00* Prepaid Rent: $20,400.00, applicable to Month 1* Tenant's Share of Building: 25.20%* Tenants Share of Project: 5.93%* Surface Parking Spaces: 57 surface parking spaces adjacent to the Building shall be provided for the non-exclusive use of Tenant, its employees and visitors.
Effective upon the Extension Commencement Date, Tenant shall be allocated a total of sixty-seven (67) parking spaces, with seven (7) of such parking spaces being reserved Covered Parking Spaces and the balance shall be sixty (60) Surface Parking Spaces (the “Parking Allotment”).
Tenant shall license from Landlord during the Term the number of covered parking spaces as set forth in Section 1.9 (the “Covered Parking Spaces”) and Landlord shall make available for Tenant’s use during the Term the number of surface parking spaces as set forth in Section 1.9 (the “Surface Parking Spaces”) (collectively, the Covered Parking Spaces and Surface Parking Spaces are referred to herein as the “Parking Spaces”).
If the rentable area of the Premises is reduced for any reason (including, without limitation, Tenant's exercise of the Contraction Option), the number of Tenant's Surface Parking Spaces (but not Tenant's Special Parking Spaces) shall be reduced proportionally.
Effective upon the Extension Commencement Date, Tenant shall be allocated a total of 130 parking spaces, with twelve (12) of such parking spaces being Covered Parking Spaces and the balance shall be one hundred eighteen (118) Surface Parking Spaces (the “Parking Allotment”).
Tenant shall pay to Landlord a parking fee monthly for the Parking Spaces in an amount equal to $100.00 per month for each of the Covered Parking Spaces and $0.00 per month for each of the Surface Parking Spaces which rates may be adjusted by Landlord from time to time during any Renewal Term or other extension period of the Term beyond the Initial Term as set forth in Section 1.3 of the Lease.
Employees shall not be represented by more than one ▇▇▇▇▇▇▇, except for the Chief ▇▇▇▇▇▇▇.
In further accordance with Paragraph 17 of the Master Lease, throughout the Term, the Monthly Surface Parking Space Fee shall be payable only for four of the Surface Parking Spaces and Landlord shall provide the other four Surface Parking Spaces at no additional charge to Sublessor or Sublessee.
Total Parking Spaces Seven (7) Garage Parking Spaces * Two (2) Surface Parking Spaces Five (5) * Initial monthly rate of $40.00 per parking space.
In accordance with Paragraph 17 of the Master Lease, throughout the Term, Sublessor agrees to lease to Sublessee, and Sublessee agrees to lease from Sublessor, the six (6) Structured Parking Spaces for use by Sublessee and its employees and the eight (8) Surface Parking Spaces for use by Sublessee's customers.