Ground Sublessee definition
Examples of Ground Sublessee in a sentence
Upon termination of the Site Sublease Term in whole or in part the Ground Sublessee shall return the Ground Interest or the portion thereof in accordance with Section 2.
At all times during the Site Sublease Term, the Ground Sublessee shall comply with the requirements of Section 11 of the Facility Lease regarding insurance and the proceeds thereof shall be applied as required by the Facility Lease.
This Site Sublease shall be effective on May 8, 2001, the date of execution and delivery by the Ground Sublessor and the Ground Sublessee.
The Ground Sublessor hereby subleases Ground Interest to the Ground Sublessee, upon the terms and conditions set forth herein, for the term and renewal terms described below, and the Ground Sublessee hereby subleases Ground Interest from the Ground Sublessor.
The term of the foregoing sublease to the Ground Sublessee shall commence on the Closing Date and shall terminate at 11:59 p.m. (New York City time) on the Expiration Date (the "Basic Site ---------- Sublease Term"), subject to early termination in whole or in part pursuant to ------------- Section 2.5 hereof and renewal pursuant to Section 2.3 hereof.