Master Lease Guaranty definition

Master Lease Guaranty. Shall have the meaning provided in the Recitals.

Master Lease Guaranty means the Guarantee of Master Lease by MGM in favor of the Landlord entered into on April 25, 2016.

Master Lease Guaranty means the Initial Master Lease Guaranty and each similar guaranty of a Master Lease entered into after the Closing Date by MGM Resorts or any of its Subsidiaries.

Examples of Master Lease Guaranty in a sentence

• Indemnitor’s obligations hereunder are separate and distinct from its obligations under the Master Lease and Master Lease Guaranty, as applicable, and Mezzanine Lender’s and the other Indemnified Parties’ rights under this Agreement shall be in addition to all rights of Mezzanine Lender under the other Mezzanine Loan Documents.

• Indemnitor’s obligations hereunder are separate and distinct from its obligations under the Master Lease and Master Lease Guaranty, applicable, and Lender’s and the other Indemnified Parties’ rights under this Agreement shall be in addition to all rights of Lender under the other Loan Documents.

• The Master Lease and the Master Lease Guaranty are independent of this Mortgage and survive the foreclosure of this Mortgage.

• Owner will give to Lender notice of all defaults under the Master Lease, the Master Lease Guaranty and each other Granting Clause Document promptly after obtaining actual knowledge thereof.

• In addition, Owner shall promptly request from Tenant or from Master Lease Guarantor, as requested by Lender, and shall furnish to Lender promptly after Owner's receipt thereof, an estoppel certificate from Tenant under the Master Lease or from Master Lease Guarantor under the Master Lease Guaranty in the form required thereunder promptly after any request therefor by Lender.

More Definitions of Master Lease Guaranty

Master Lease Guaranty means that certain Master Lease Guaranty, dated as of the date hereof, by Master Lease Guarantor in favor of Borrower, as the same may, with Lender’s consent, be amended, supplemented, restated or otherwise modified from time to time.

Master Lease Guaranty means that certain Lease Guaranty, of even date herewith, made by Master Lease Guarantor for the benefit of Owner.

Master Lease Guaranty means, individually or collectively as the context may require (as determined by Lender), (i) that certain Guaranty of Lease dated as of July 25, 2008, by and between Emeritus, as guarantor, and Master Landlord, as landlord, as amended, supplemented, replaced and/or restated from time to time, and (ii) that certain Guaranty of Lease of even date herewith, by and between SSL, as guarantor, and Master Landlord, as landlord, as amended, supplemented, replaced and/or restated from time to time.

Master Lease Guaranty means that certain Guaranty executed by Xxxxxxxx National Properties, LLC, a Delaware limited liability company, on or about the date hereof in favor of Maker concerning the Master Lease and all renewals, extensions and modifications of all or any portion thereof.

Master Lease Guaranty is defined in Section 12.4.

Master Lease Guaranty means that certain Master Lease Guaranty, dated as of the date hereof, by Master Lease Guarantor in favor of Mortgage Borrower, as the same may, with Lender’s consent, be amended, supplemented, restated or otherwise modified from time to time. Mezzanine Loan Agreement (Second Mezzanine)

Master Lease Guaranty means that certain Amended and Restated Guaranty of Leases dated as of September 1, 2015 made by Senior Care Centers, LLC, a Delaware limited liability company, in favor of the entities identified as “Landlord” therein.