Master Ground Lease definition

Master Ground Lease means a ground lease for the Master Ground Lease Parcel substantially in the form of Exhibit E hereto. The Master Ground Lease has a term of ten
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Master Ground Lease means that certain Lease Agreement dated December 7, 1995, by and between The Carolinas Healthcare Foundation, Inc., a North Carolina nonprofit corporation (“CHF”), and The Charlotte-Mecklenburg Hospital Authority, a North Carolina body corporate and politic (“CMHA”), and all amendments thereto.
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Master Ground Lease has the meaning set forth in the Recitals.
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Examples of Master Ground Lease in a sentence

  • As a condition of the financing arrangement, the Financing Corporation entered into a Master Ground Lease Agreement with the University.

  • The property covered by the Master Ground Lease together with improvements (re: student residences and parking facilities) thereon is leased back by the University to manage and operate through the Master Operating Lease (Direct Financing Lease).

  • The Regents of New Mexico State University and Arrowhead have established a Master Ground Lease to allow Arrowhead to lease one tract of land from the University, which is scheduled to terminate on June 30, 2075.

  • Following completion of the Phase 2 Improvements for the portion of the Master Ground Lease Parcel identified in the applicable Acquisition Notice, Developer Party shall have the right to enter into a Ground Lease in accordance with the takedown plan specified in the Phase 2 Business Plan.

  • On the other hand, the person accused of witchcraft does not know the elements of the crime they are charged with.

  • Thereafter, Developer Party must enter into additional Ground Leases for an additional minimum Net Acreage of (I) ten (10) acres per year, or (II) the remainder of the Leasable Master Ground Lease Area within six (6) years of the Second Takedown Threshold.

  • Each Ground Lease shall lease a separate developable area of the Master Ground Lease Parcel.

  • The Tolling Amendment to Master Ground Lease Agreement dated April 21, 2020, by and between the County and Lessee shall be terminated upon execution of the Second Amendment to the Master Ground Lease.

  • Termination of this Agreement by either Party gives the County the right, in its sole and absolute discretion, to terminate the Master Ground Lease.

  • A default (after notice and failure to cure in accordance with the terms of the Master Ground Lease) by Developer under the Master Ground Lease shall also constitute a default under this Agreement.


More Definitions of Master Ground Lease

Master Ground Lease. That certain Papago Park Center Ground Lease dated March 6, 1989, between Salt River Project Agricultural Improvement and Power District, as Lessor, and Papago Center, Inc., as Lessee, and subject to the provisions of Section 2.5 below, all amendments thereto and modifications thereof, to which this Lease is and shall be subject and subordinate.
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Master Ground Lease means the Tllird Amended and Restated Master Capital Projects Ground Lease Agreement, dated as of April 1, 2008, between the University Board, acting for and on behalf of the University, as lessor, and the Financing Corporation, as lessee, as the same may be amended and supplemented from time to time, in compliance herewith alld with the Indenture.
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Master Ground Lease means that certain Ground Lease, dated December 31, 1966, between Landlord (as successor-in-interest to Sol G. Atlas and Xxxx X. XxXxxxx), as lessor, and Landlord (as successor-in-interest to New York Plaza Building Company (“NYLP”)), as lessee, a memorandum of which was recorded April 18, 1967 in the Register’s Office in Rec. Liber 172 Page 10, as modified and amended.
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Master Ground Lease means that certain GP/Xentury Master Ground Lease, dated as of March 3, 1999, by and between GP LP, as landlord and Xentury City, as tenant, a memorandum of which was recorded on March 23, 2000 in Book 1717, Page 775 of the Official Records, as the same may have been or hereinafter may be amended, modified, substituted or replaced.
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Master Ground Lease means that certain Ground Lease, dated December 31, 1966, between Landlord (as successor-in-interest to Sol G. Atlas and John X. XxXxxxx), xs lessor, and Landlord (as successor-in-interest to New York Plaza Building Company), as lessee, a memorandum of which was recorded April 18, 1967 in the Register's Office in Rec. Liber 172 Page 10, as modified by (1) a certain Agreement dated June 14, 1968, a memorandum of which was recorded July 2, 1968 in the Register's Office in Rec. Liber 323 Page 162, (2) a certain Assignment and Assumption of Ground Lease, dated October 19, 1989, which was recorded October 24, 1989 in the Register's Office in Reel 1631 Page 1561, and (3) a certain Amendment to Ground Lease dated April 30, 1993, a memorandum of which Agreement shall has heretofore been recorded in the Register's Office.
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Master Ground Lease is that agreement entered into between the State of Maryland for the use of the University System of Maryland and on behalf of its constituent institution, Frostburg State University (Landlord), and Allegany County (Tenant), dated January 10, 2001, and recorded in Deeds Liber 690, Folio 516, among the Land Records of Allegany County, Maryland.
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Related to Master Ground Lease

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Operating Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee which is not a Capital Lease.

  • Qualified Ground Lease means each of the ground leases or ground subleases set forth on Schedule 1.01(d) hereto and for a Future Property means any ground lease (a) which is a direct ground lease or ground sublease granted by the fee owner of real property or a master ground lessee from such fee owner, (b) which may be transferred and/or assigned without the consent of the lessor (or as to which the lease expressly provides that (i) such lease may be transferred and/or assigned with the consent of the lessor and (ii) such consent shall not be unreasonably withheld or delayed) or subject to certain reasonable pre‑defined requirements, (c) which has a remaining term (including any renewal terms exercisable at the sole option of the lessee) of at least twenty (20) years, (d) under which no material default has occurred and is continuing, (e) with respect to which a Lien may be granted without the consent of the lessor (but subject to customary requirements regarding the nature of the holder of such Lien and prior notice to the lessor), (f) which contains customary and reasonable lender protection provisions, including, without limitation, provisions to the effect that (i) the lessor shall notify any holder of a Lien in such lease of the occurrence of any default by the lessee under such lease and shall afford such holder the option to cure such default, and (ii) in the event that such lease is terminated, such holder shall have the option to enter into a new lease having terms substantially identical to those contained in the terminated lease and (g) which otherwise contains no non-customary terms that are material and adverse to the lessee.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Eligible Ground Lease means a ground lease that (a) has a minimum remaining term of twenty-five (25) years, including tenant controlled options, as of any date of determination, (b) has customary notice rights, default cure rights, bankruptcy new lease rights and other customary provisions for the benefit of a leasehold mortgagee or has equivalent protection for a leasehold permanent mortgagee by a subordination to such leasehold permanent mortgagee of the landlord’s fee interest, and (c) is otherwise acceptable for non-recourse leasehold mortgage financing under customary prudent lending requirements. The Eligible Ground Leases as of the date of this Credit Agreement are listed on Schedule EG.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Ground Lessor means each lessor that has executed a Ground Lease (collectively, the “Ground Lessors”).

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Site Lease means the lease of part of the Site from the Minister for Finance on behalf of the State to the Company;' ;

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Material Leased Real Property shall have the meaning assigned to such term in Section 5.10(b).