Examples of Car Parking Area in a sentence
TENANT shall submit on or before the first day of each month, payable monthly in advance, payment of Ready Car Parking Area Rent, Common Area Rent and Overflow Parking Rent as provided in Section 4.01 (RENT).
In the event Additional Ready Car Parking Area is available and is so designated by the Airport Director, an Additional Ready Car Parking Area will be offered to each rental car company.
In the event the market share for any one on-airport rental car concession has changed by 15% or more at the beginning of the fourth annual period compared to prior years, Airport Director or designee may establish a Ready Car Parking Area reallocation plan (“Reallocation Plan”) with which TENANT and the other rental car companies must comply.
Notwithstanding the foregoing, in no event shall the Ready Car Parking Area Rent, Common Area Rent, or Overflow Parking Rent be reduced by any such adjustment.
On December 1, 2020, and annually thereafter, Ready Car Parking Area Rent, Common Area Rent and Overflow Parking Rent, if applicable, shall be automatically adjusted in proportion to changes in the Consumer Price Index for Los Angeles-Long Beach-Anaheim (All Urban Consumers - All Items) promulgated by the Bureau of Labor Statistics of the U.S. Department of Labor.
Should this Lease be terminated during an annual period, or should the first Annual Period be other than a full calendar year, the applicable MAG, Ready Car Parking Area Rent, Common Area Rent, and Overflow Parking Rent shall be prorated on the basis of a three hundred sixty (360) day year.
For that purpose, and under the terms and conditions of this Lease, TENANT agrees to install, operate and maintain a Service Counter in the terminal, Ready Car Parking Area as assigned by the Airport, and a rental car kiosk in the Parking Structure Level Zero Ready Car Parking Area as may be approved by Airport Director.
Ready Car Parking Area consisting of square as shown on “Exhibit B”, attached hereto.
TENANT shall pay to COUNTY Fifty-six Cents ($0.56) per square foot per month of Ready Car Parking Area in the East Parking Structure and Fifty-six Cents ($0.56) per square foot per month of Ready Car Parking Area in the Main Street Parking Lot assigned to TENANT in accordance with the section in this Lease entitled “LEASED PREMISES”.
It is hereby made expressly clear by and between the parties hereto that the Car Parking Area allotted to the Sublessee shall be used only for the purpose of parking of a passenger car and will not be used for any other purposes whatsoever or howsoever and in no event the Sublessee shall be entitled to use or cause to be used the car parking space allotted to him/her for the purpose of storage, parking of any two xxxxxxx or any equipment and/or any other vehicle excepting a passenger car or any equipment.