Ground Lease Default definition

Ground Lease Default has the meaning set forth in Section 4.30.

Ground Lease Default means a breach or default or event that with the giving of notice or passage of time would constitute a breach or default under a Ground Lease.

Ground Lease Default has the meaning set forth in Section 4.25(A)(iii).

Examples of Ground Lease Default in a sentence

• Further, the Borrowers shall provide such documents and information as Lender shall reasonably request concerning the Ground Lease Default.

• If any of the Borrowers shall have or receive any written notice that any Ground Lease Default has occurred, then the Borrowers immediately shall notify Lender in writing of the same and immediately deliver to Lender a true and complete copy of each such notice.

• Further, Mortgagor immediately shall provide such documents and information as Mortgagee shall request concerning the Ground Lease Default.

• Further, Trustor immediately shall provide such documents and information as Beneficiary shall request concerning the Ground Lease Default.

• To simplify, first assume that the same revenue is generated by each tax, and that all the revenue generated will be spent on general government services.

More Definitions of Ground Lease Default

Ground Lease Default means any breach or default or event on the part of an Asset Entity that with the giving of notice or passage of time would constitute a breach or default by such Asset Entity under any agreement establishing a Ground Lease.

Ground Lease Default has the meaning given such term in the Mortgage Loan Agreement, but for purposes of this Loan Agreement, shall include the Jekyll Island Property.

Ground Lease Default has the meaning provided in Section 15(r) hereof.

Ground Lease Default has the meaning assigned to it in subparagraph 13(A) below.

Ground Lease Default has the meaning given such term in the Mortgage Loan Agreement.

Ground Lease Default has the meaning set forth in Section 4.25 "Ground Leased Property" and "Ground Leased Properties" means, collectively or individually, the Properties subject to the Ground Leases; provided that, (i) following termination of a Ground Lease pursuant to Section 5.23, "Ground Leased Properties" shall mean each of the Properties that remain subject to a Ground Lease, and (ii) following a Substitution with respect to a Property that will be subject to a Ground Lease, "Ground Leased Properties" shall include the Replacement Property and shall exclude the Substituted Property.

Ground Lease Default has the meaning set forth in Section 4.25 "GROUND LEASED PROPERTY" and "GROUND LEASED PROPERTIES" means, collectively or individually, the Master Lease Sites and Properties subject to the Ground Leases as described on SCHEDULE 4.25 attached hereto; provided that, (i) following termination of a Ground Lease pursuant to Section 5.23, "GROUND LEASED PROPERTIES" shall mean each of the Properties that remain subject to a Ground Lease, (ii) following a Substitution with respect to a Property that will be subject to a Ground Lease, "GROUND LEASED PROPERTIES" shall include the Replacement Property and shall exclude the Substituted Property, (iii) with respect to, or following, an Acquisition, "GROUND LEASED PROPERTIES" shall include all Acquisition Properties which are subject to a Ground Lease, and (iv) with respect to, or following, a Conversion, "GROUND LEASED PROPERTIES" shall include all Conversion Properties.