Amended Ground Lease definition

Amended Ground Lease has the meaning set forth in Section 5.21.
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Amended Ground Lease shall have the meaning ascribed to it in Section 7.23(a)(iii).
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Amended Ground Lease shall have the meaning ascribed to it in Section 7.24(a)(iii) herein.
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Examples of Amended Ground Lease in a sentence

  • The Memorandum, as amended hereby, is not intended to modify, limit or otherwise alter the terms, conditions and provisions of the Amended Ground Lease.

  • In the event of any conflict, ambiguity or inconsistency between the terms and provisions of the Memorandum, as amended hereby, and the terms and provisions of the Amended Ground Lease, the terms and provisions of the Amended Ground Lease shall govern, control and prevail.

  • Lessor and Lessee intend that the Memorandum, as amended hereby, be only a memorandum of the Amended Ground Lease, and reference is hereby made to the Amended Ground Lease itself for all of the terms, covenants and conditions thereof.

  • Lessor and Lessee hereby covenant and agree that the Memorandum, as amended hereby, is and shall be subject to the terms and conditions more particularly set forth in the Amended Ground Lease.

  • From and after the Effective Date, notwithstanding anything in the Memorandum to the contrary, the term “Relevant Assets” shall have the meaning given such term in the Amended Ground Lease, as it may be amended, restated or otherwise modified from time to time.

  • The Memorandum and this Amendment have been executed and recorded as notice of the Amended Ground Lease in lieu of recording the Amended Ground Lease itself.

  • In the event of any conflict, ambiguity or inconsistency between the terms and provisions of the First Amended Memorandum, as amended hereby, and the terms and provisions of the Second Amended Ground Lease, the terms and provisions of the Second Amended Ground Lease shall govern, control and prevail.

  • Lessor and Lessee intend that the First Amended Memorandum, as amended hereby, be only a memorandum of the Second Amended Ground Lease, and reference is hereby made to the Second Amended Ground Lease itself for all of the terms, covenants and conditions thereof.

  • Lessee has constructed or is constructing Tank 647 (as defined in the Third Amended Ground Lease) upon the portion of Lessor’s Property more particularly described in Exhibit A attached hereto (the “Tank 647 Land”).

  • From and after the Effective Date, notwithstanding anything in the First Amended Memorandum to the contrary, the term “Relevant Assets” shall have the meaning given such term in the Second Amended Ground Lease, as it may be amended, restated or otherwise modified from time to time.


More Definitions of Amended Ground Lease

Amended Ground Lease means the Existing Ground Lease, as amended as described in Section 7.21.
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Amended Ground Lease refers to the Ground Lease by and between Paragon and the Joint Venture, dated as of June 1, 1991, as amended by that Amendment to Ground Lease substantially in the form of Exhibit B hereto. "Brand Name LLC" refers to Xxxx Valley Brand Name LLC, a California limited liability company, to be organized pursuant to the provisions of Section 6.1 of the Joint Venture Agreement.
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Related to Amended Ground 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.

  • 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.

  • 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.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

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

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Material Leased Real Property shall have the meaning given in Section 3.7(b).

  • 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.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • 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).

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

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

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

  • Financing Lease means 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.

  • 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.

  • 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.

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

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

  • 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.

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • 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.

  • Site Lease or “Lease” means this Site Lease together with any duly authorized and executed amendment hereto under which the District leases the Site to the Lessee.