Parking Structure. The parking structure (Phase I) located on Xxxxx 0X0 (attached as Exhibit “C”), containing approximately 407 parking spaces.
Parking Structure. A parking structure (the “Parking Structure”) constructed on Block 27 provides parking for Xxxxx 00x, Xxxxx 00, Xxxxx 27 and Block 26 (the owners of said Blocks are collectively referred to as the “Block 26/27 Owners”). The respective rights and obligations of each of the Block 26/27 Owners with respect to the use, operation and maintenance of the Parking Structure are set forth in that certain Easement Agreement dated as of December 14, 2007 and recorded in the Official Records on December 14, 2007 as Instrument No. 2007I502747, as amended (the “Parking Structure Easement Agreement”).
Parking Structure. Section 23.3 Premises................................................Section 1.1
Parking Structure. Landlord shall endeavor to substantially complete a Parking Structure at the Project which shall be roughly similar to the rendering shown on Exhibit C attached to this Second Amendment (“Parking Structure”) on or before March 1, 2016, subject only to punchlist items which do no materially impact the use of such Parking Structure (“Parking Structure Substantial Completion”). Tenant acknowledges that Landlord had originally intended to construct the Parking Structure with approximately 421 parking spaces but, at Tenant’s request, Landlord has agreed to increase the size of the Parking Structure to accommodate Tenant’s desired parking ratio of 4 parking stalls per 1,000 rentable square feet of the Expansion Premises. In consideration of Landlord’s agreement to increase the size of the Parking Structure and to compensate Landlord for a portion of the additional costs to be incurred by Landlord to accommodate such request, Tenant shall be required to pay to Landlord $650,000 (“Parking Structure Fee”) which amount shall be due and payable to Landlord concurrent with Tenant’s execution and delivery of this Second Amendment to Landlord. Tenant may elect to credit any unused portion of the Tenant Improvement Allowance (but not the Additional Tenant Improvement Allowance) towards the Parking Structure Fee. Notwithstanding the foregoing, Tenant acknowledges and agrees that Landlord does not currently have the governmental approvals necessary for the development of the Parking Structure. Landlord shall use commercially reasonable efforts to obtain the governmental approvals necessary for the development of the Parking Structure. If Landlord is unable, despite using commercially reasonable efforts, to obtain the governmental approvals, on terms and conditions and with costs reasonably acceptable to Landlord, necessary for the development of a Parking Structure and to provide Tenant with 4 parking stalls per 1,000 rentable square feet of the Expansion Premises, then Landlord shall notify Tenant in writing and Tenant shall only be entitled to use 2.5 parking stalls per 1,000 rentable square feet of the Expansion Premises and Landlord shall refund to Tenant the cash portion of the Parking Structure Fee that was actually paid by Tenant to Landlord.
Parking Structure. If a portion of the Parking Structure and/or ------------------ reasonable access thereto is taken and, thereafter, a substantial portion of Tenant's parking rights under this Lease are terminated, unless Landlord can provide permanent replacement parking for Tenant's terminated rights within the area bounded by Victory Boulevard, Canoga Avenue, Oxnard Street, and Topanga Canyon Boulevard, Tenant shall have the right to terminate this Lease upon ninety (90) days' prior written notice to Landlord (provided such notice is given no later than ninety (90) days after receipt of notice from Landlord that it cannot provide such permanent replacement parking), or to delete such full floors of the Building from the Premises as appropriate in Tenant's reasonable judgment to compensate for the consequent loss of parking. If Tenant elects to delete such full floors from the Premises, then all obligations measured by the number of rentable square feet of the Premises (such as Rent, the number of Tenant's parking passes, and Tenant's Share) shall be adjusted accordingly. Notwithstanding the foregoing, Tenant's right to reduce the size of the Premises to compensate for the consequent loss of parking, as aforesaid, shall be limited to one thousand (1,000) rentable square feet of the Premises for every three and thirty-four one-hundredths (3.34) parking privileges lost as a result of a partial Taking of the Parking Structure or reasonable access thereto. Moreover, if such reduction would result in a portion of the Premises consisting of a partial floor of the Building, such partial floor shall be rounded-off either up or down (whichever is closest) to a full floor and Tenant shall only be entitled to delete full floors.
Parking Structure. Host shall have the right to construct a parking structure on the Site in substitution, in whole or in part, for the Project parking lots and Guest shall have a non-exclusive license for the use of said structure in common with others. The total number of spaces which Guest is entitled to use in the structure and remaining parking lots shall be the same as the number of spaces Guest was entitled to use prior to the construction of the parking structure. Guest shall be responsible for its pro rata share of the cost of maintaining and repairing such structure, which cost shall be included in Operating Expenses but shall not be higher than the costs to maintain surface parking.
Parking Structure. (i) At any time that at least 84 months would remain in the Lease Term after the estimated time for completion thereof (the time for completion being referred to as the “Estimated Construction Period”), Tenant has the right to require Landlord to construct an additional parking structure on the Land (the “Parking Structure”) that will accommodate either 100 additional parking spaces or 170 additional parking spaces. Landlord estimates the Estimated Construction Period to be six to nine months from the date Tenant makes its election. If, because of such construction, the number of parking spaces otherwise available to Tenant pursuant to this Lease is reduced during construction of the Parking Structure, Tenant is responsible for and shall pay all costs associated with obtaining replacement off-site parking to meet its needs, and Landlord is excused from its obligations to provide parking to the extent it is unable to do so because of such construction.
Parking Structure. 1 Reinforced concrete parking structure with approximately 1425 spaces. Surface parking of approximately 265 spaces for a total of approximately 1690 parking spaces.
Parking Structure. Section 23.3
Parking Structure a. The basement will be shored and then have shotcrete walls installed against a miradrain with volclay backing. The shotcrete finish will be a rubber float.
