1.

The terms of this agreement are on a month-to-month basis, automatically renewable each month upon the timely receipt by the Parkade of the prevailing fee, unless you specify the end date. For monthly parking contracts that are more than 3 months, they can be cancelled with one full calendar month’s written notice from either party, example: (If you intend for parking to stop effective December 31, you must provide notice in writing by no later than November 30th). Cancelations are always at the end of the month. Monthly Parking fees are due and must be paid in full on the first day of each month. If not paid by the fifth day of the month, parking privileges are subject to cancellation or suspension. Any EFT, credit cards and / or cheques that are declined or returned NSF will be charged a fee of $50.00.

2.

The Parkade reserves the right to increase or decrease the said rate for parking space(s) through written notice of one calendar month in advance of said change. Taxes are per month and subject to change.

3.

This contract is valid for parking at the specified parking facility, specified area in the parking facility, and on a “first come-first serve” basis. “Random” parking contracts do not guarantee a parking stall in the location. Only “Reserved” parking contracts will be guaranteed parking stalls.

4.

Monthly parking permits / access fobs are non-transferrable. Use of the permit or access fob by anyone other than the designated user may result in cancellation of parking privileges.

5.

Should the Lessee be issued a hanger tag, the lessee agrees to pay $40 as a refundable processing fee for the issuance of the hanger tag. The Lessee agrees to pay the specific monthly rate for as long as this hanger tag is in the possession of the Lessee. There will be a $40 charge for lost or damaged hanger tags. Access fobs have a refundable deposit of $100.

6.

For locations where monthly hangtags are issued, the monthly hangtag must be visible displayed on all vehicles at all times when using the facility. Cars entering without current, visible monthly hanger tags are subject to the maximum daily rates and / or a parking violation. The Parkade reserves the right to confiscate all non-valid or non-renewed permits or access cards.

7.

Lessee agrees to report any damage caused by Lessee’s vehicle. If discrepancies exist, please see the parking manager.

8.

Lessee agrees to follow the instructions of the Parkade / lot personnel and / or posted signs.

9.

The parkade assumes no responsibility whatsoever for loss or damage due to fire, theft, collision or otherwise, to the vehicle or its contents, however caused.

10.

Monthly permit holders must park only in those areas designated by the Parkade. The Parkade reserves the right to ticket and/or tow away vehicles that are in violation of this term. Permit holder agrees to reimburse the Parkade for any expense incurred as a result of violations, including towing expenses for obstruction vehicles.

11.

Lessee is responsible to ensure that the vehicle parked in our facility has valid insurance or valid storage insurance.