Common use of Parking Fee Clause in Contracts

Parking Fee. Tenant shall pay, throughout the entire Term, an amount equal to the number of parking spaces Tenant is entitled to use times the applicable fees (the “Parking Fees”) which Landlord is charging for use of the parking facilities. Currently, Landlord is charging Forty and 00/100 Dollars ($40.00) per space per month for covered parking and Zero Dollars ($0.00) per space per month for uncovered parking. Landlord shall have the right from time to time to increase the Parking Fees being charged Tenant upon thirty (30) days prior written notice, which Parking Fees shall in no event exceed the rates then being charged for parking in comparable parking areas having a comparable method of operation. Tenant agrees and acknowledges that Tenant shall be obligated to pay such rates regardless of whether or not Tenant actually uses or needs the parking spaces which Tenant is entitled to use. Such Parking Fees shall be payable monthly commencing with the first installment of Base Rent due under the Lease. If the Commencement Date is other than the first day of a calendar month, the first installment of the Parking Fees shall be prorated on the basis of a thirty (30) day calendar month.

Appears in 2 contracts

Samples: Lease Agreement (Vendingdata Corp), Lease Agreement (Elixir Gaming Technologies, Inc.)

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Parking Fee. Tenant shall pay, throughout the entire Term, an amount equal to the number of covered parking spaces Tenant is entitled to use times as follows: the applicable fees first twelve (12) vehicle parking space for: zero and 00/100 Dollars ($0.00) thereafter for each additional covered space up to twenty four (24) spaces: twenty-rive and 00/100 Dollars (S25.00) (the "Parking Fees") which Landlord is charging for use of the parking facilities. Currently, Landlord is charging Forty and 00/100 Dollars ($40.00) per space per month for covered parking and Zero Dollars ($0.00) per space per month for uncovered parking. Landlord shall have the right from time to time to increase the Parking Fees being charged Tenant upon thirty ninety (3090) days prior written notice, which Parking Fees shall in no event exceed the rates then being charged for parking in comparable parking areas having a comparable method of operation. Tenant agrees and acknowledges that Tenant shall be obligated to pay such rates regardless of whether or not Tenant actually uses or needs the covered parking spaces which Tenant is entitled to use. Such Parking Fees shall be payable monthly commencing with the first installment of Base Rent due under the Lease. If the Commencement Date is other than the first day of a calendar month, the first installment of the Parking Fees shall be prorated on the basis of a thirty (30thirty-(30) day calendar month.. EXHIBIT F SIGNAGE AGREEMENT

Appears in 1 contract

Samples: Lease Agreement (Onecap)

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Parking Fee. Tenant shall pay, throughout the entire Term, an amount equal to the number of parking spaces Tenant is entitled to use times the applicable fees (the “Parking Fees”) which Landlord is charging for use of the me parking facilities. Currently, Landlord is charging Forty and 00/100 Dollars ($40.00) per space per month for covered parking and Zero and 00/100 Dollars ($0.00) per space per month for uncovered parking. Landlord shall have the right from time to time to increase the Parking Fees being charged Tenant upon thirty (30) days prior written notice, which Parking Fees shall in no event exceed the rates then being charged for parking in comparable parking areas having a comparable method of operation. Tenant agrees and acknowledges that Tenant shall be obligated to pay such rates regardless of whether or not Tenant actually uses or needs the parking spaces which Tenant is entitled to use. Such Parking Fees shall be payable monthly commencing with the first installment of Base Rent due under the Lease. If the Commencement Date is other than the first day of a calendar month, the first installment of the Parking Fees shall be prorated on the basis of a thirty (30) day calendar month.

Appears in 1 contract

Samples: Lease Agreement (CardioVascular BioTherapeutics, Inc.)

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