Ground Lease Parcel definition

Ground Lease Parcel means a specific portion of the Master Ground Lease Parcel which is subject to an individual Ground Lease.

Ground Lease Parcel means that portion of the Property leased to Borrower pursuant to the Ground Lease.

Ground Lease Parcel is defined in the Recitals. “Ground Rent” is defined in Section 2.1.2 herein.

Examples of Ground Lease Parcel in a sentence

• Notwithstanding the provisions of §1.3 hereof, if Landlord’s rights to a Ground Lease Facility are terminated under the applicable Ground Lease, then the Term of this Lease shall be deemed terminated with respect to the applicable Ground Lease Parcel.

• Tenant acknowledges that Landlord has made no representation to Tenant with respect to the terms of the Ground Leases and that Tenant is relying solely on its lessee predecessor in interest or the lessor of each Ground Lease Parcel with respect to the terms, provisions and status of the Ground Leases.

• Instead, the applicable HCN Landlord’s interest in each Ground Lease Parcel and the Leased Property related thereto consists of the tenant’s leasehold interest under the applicable Ground Lease.

• Borrower is the sole owner of the Projects, the Personal Property and the Improvements and the sole ground lessee of the Ground Lease Parcel, in each case free from any adverse Liens, except for Liens in favor of Lender.

• Upon Tenant’s request, the Ground Lease Parcel shall be removed from the Premises.

More Definitions of Ground Lease Parcel

Ground Lease Parcel means certain land assemblage located in the Las Vegas, Nevada metropolitan area located near Tropicana Avenue adjacent to Interstate 15, as more particularly described on Schedule 1.1E.

Ground Lease Parcel means an area of the Property cross-hatched on Schedule VI hereto and marked as "Ground Lease Parcel" (or such lesser area within such cross-hatched area necessary to construct the proposed improvements described in Section 11.29 hereof and to provide parking adjacent to such improvements necessary for the use and operation of such improvements).

Ground Lease Parcel means each of the respective estates in land which is covered by the Ground Lease applicable thereto.

Ground Lease Parcel. The Lease, dated November 3, 1998, ----------------------------------- between Retail Portfolio San Xxxx LLC, as landlord, and SRI, as tenant, as amended by letter agreement between them dated November 3, 1998, by Amendment to Ground Lease, dated February 23, 2001 and by that certain Agreement of Purchase and Sale, dated as of October 10, 2000, between said landlord, as seller, and SRI, as buyer, as amended by Amendment to Agreement of Purchase and Sale, dated February 23, 2001 (a memorandum of which Lease, dated November 3, 1998, was recorded on November 3, 1998 in the Office of the Santa Xxxxx County Recorder as Document No. 14478447, which memorandum was amended by Amended and Restated Memorandum of Lease dated as of February 23, 2001, recorded in said Office as Document No. 15570309); that portion of the Premises covered by the Ground Lease, which portion is identified as Parcel III on Schedule A to the Mortgage and formerly known as 000 Xxxxxxxxxx Xxxxxxxxx.

Ground Lease Parcel means [i] the Land located at 00 Xxxxxxx Xxxxxx, Baltimore, Maryland and [ii] the Land related to each Facility identified on Exhibit C as a “Ground Lease Parcel”, individually and collectively. Except as specifically set forth herein, “Facility” includes each Ground Lease Parcel.

Ground Lease Parcel or "Ground Lease Parcels" shall have the meaning set forth in Section 2.2.

Ground Lease Parcel means the real estate described on Exhibit C and improvements thereto to which the Ground Lease relates.