Valet Parking definition
Examples of Valet Parking in a sentence
TAV Passport Cardholders may benefit from the Valet Parking Service at the designated malls, subject to an annual limit of 12 credits (Credit consumption is based on 24- hour daily periods and hours below 24 hours will be counted as 24 hours).
Each year, with Landlord’s statement as required in Section 3 hereof, Landlord shall furnish Tenant with a statement showing for the preceding year, the total expenses of the Valet Operator, the total revenue, the total number of validated parking tickets, the total number of validated parking tickets by Tenant, and the Total Per Car Expense, Tenant’s Valet Parking Charge and the difference, if any, in the amount of Tenant’s Valet Parking Charge and the amount thereof paid by Tenant for such year.
Tenant shall pay Tenant’s Valet Parking Charge to Landlord within thirty (30) days after receipt of such statement.
Such statement shall also show the following: (i) the “Total Per Car Expense” which shall be determined by dividing such total expenses by the total number of cars parked by the Valet Operator during such period, and (ii) “Tenant’s Valet Parking Charge” which shall be determined by multiplying the number of parking tickets validated by Tenant during such period by the Total Per Car Expense for such period.
The Terms and Conditions governing Valet Parking do not form part of the present Terms and Conditions.