Common use of Termination of Ground Lease Clause in Contracts

Termination of Ground Lease. Upon receipt by Brazos of the purchase price payable in connection with any sale or purchase of any Property under this ARTICLE XI, together with all additional payments required under SECTION 11.5 with respect to such Property, this Ground Lease shall terminate with respect to such Property.

Appears in 2 contracts

Samples: Ground Lease Agreement (Randalls Food Markets Inc), Ground Lease Agreement (Monro Muffler Brake Inc)

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Termination of Ground Lease. Upon receipt by Brazos of the purchase price payable in connection with any sale or purchase of any the Property under this ARTICLE XI, together with all additional payments required under SECTION 11.5 with respect to such the Property, this Ground Lease shall terminate with respect . All representations and warranties contained in this Ground Lease or made in writing by or on behalf of Vari-Lite in connection herewith and all obligations of Vari-Lite pursuant to such PropertyARTICLE X shall survive termination of this Ground Lease.

Appears in 1 contract

Samples: Ground Lease Agreement (Vari Lite International Inc)

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Termination of Ground Lease. Upon receipt by Brazos of Brazxx xx the purchase price payable in connection with any sale or purchase of any Property under this ARTICLE Article XI, together with all additional payments required under SECTION 11.5 Section 11.05 with respect to such Property, this Ground Lease shall terminate with respect to such Property.

Appears in 1 contract

Samples: Ground Lease Agreement (Ultramar Diamond Shamrock Corp)

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