Ground Lease Premises. The FCRHA hereby grants to LAC9- North an option to lease the Ground Lease Premises, subject to the terms and conditions of this Agreement. The term “Ground Lease Premises” means (a) the real property (the “Land”) more particularly described in Exhibit A of the Ground Lease; (b) all of the FCRHA’s interest in land use approvals, certain easements, development rights, improvements, equipment and fixtures located on the Land at the time of the Closing (as defined below); and (c) any other intangible property associated with the Land or the improvements, equipment and fixtures located thereon owned by the FCRHA.
Ground Lease Premises. The FCRHA grants to One University an option to lease the Ground Lease Premises, subject to all of the terms and conditions of this Agreement. The term “Ground Lease Premises” means (a) the real property more particularly described in Exhibit B to this Agreement and in Exhibit A of the Ground Lease, (b) all improvements, equipment and fixtures located on the Ground Lease Premises at the time of the Closing (as defined in Section 7.1 below); and (c) any entitlements, governmental approvals, permits, and other intangible property associated with the Ground Lease Premises or the improvements, equipment and fixtures located thereon owned by the FCRHA.
Ground Lease Premises. Lessor leases to Lessee, and Lessee leases from Lessor, on the terms and conditions set forth in that certain ground lease dated , 2016 (the “Lease”), certain property as more particularly described on Exhibit A attached hereto and in the Lease (the “Property”). The provisions of the Lease are incorporated herein.
Ground Lease Premises. The FCRHA hereby grants to CHPPENN an option to lease the Ground Lease Premises, subject to all of the terms and conditions of this Agreement. The term “Ground Lease Premises” shall mean (a) the real property (the “Land”) more particularly described in Exhibit A of the Ground Lease, (b) all improvements, equipment and fixtures located on the Land at the time of the Closing (as defined in Section 7.1 below); and (c) any entitlements, governmental approvals, permits, and other intangible property associated with the Land or the improvements, equipment and fixtures located thereon owned by the FCRHA.
Ground Lease Premises
