Leasing of Additional Parking Premises

Leasing of Additional Parking Premises. Lease of and Term for Additional Parking Premises. Landlord leases to Tenant, and Tenant leases from Landlord, that portion of the Adjacent Property shown on Exhibit "A-1" attached hereto and consisting of approximately 1.32 acres (the "Additional Parking Premises"). The term for Tenant's lease of the Additional Parking Premises shall commence upon "substantial completion" of construction of the Additional Parking Premises, as such term is defined in the construction documents relating thereto,... at which time the Parties will confirm via writing the date of "substantial completion" of construction of the Additional Parking Premises. The term for the Tenant's lease of the Additional Parking Premises shall end on the Expiration Date to coincide with the Term remaining under the Lease. Although the Additional Parking Premises shall remain separate and distinct from the "Premises" as defined in the Lease, the Parties' rights and obligations with respect to the Additional Parking Premises shall be governed by the applicable provisions of the Lease. Tenant shall use and occupy the Additional Parking Premises as a surface parking lot (to include the New Entrance, as defined in subsection (d) below) and for no other purpose without the prior written consent of Landlord, which may be withheld or conditioned in Landlord's sole, but reasonable, discretion. View More