GROUND LEASE FEE Sample Clauses

GROUND LEASE FEE. In consideration of the possession, continued use, and occupancy of the Leased Premises, Lessee shall pay to Lessor a monthly ground lease fee (“the Ground Lease Fee”) Equal to: (a) a Land Use Charge of fifteen dollars ($15); plus (b) an Administrative Charge of ten dollars ($10).
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GROUND LEASE FEE. In consideration of the possession, continued use, and occupancy of the Leased Premises, Lessee shall pay to the Town the Ground Lease fee of TWENTY THOUSAND and 00/100 ($ 20,000.00) dollars.
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GROUND LEASE FEE. 5.1 AMOUNT OF GROUND LEASE FEE In consideration of the possession, continued use, and occupancy of the Leased Promises, Homeowner shall pay to SDCLT a monthly payment (“Ground Lease Fee”) in an amount equal to the sum of (a) a Land Use Fee of $ to be paid in return for the continuing right to possess, occupy and use the Leased Land, plus (b) a Repair Reserve Fee of $ to be held by the CLT and used for the purpose of preserving the physical quality of the Home for the long term in accordance with Section 7.7 below. 5.2 WHEN THE GROUND LEASE FEE IS TO BE PAID The Ground Lease Fee shall be payable to the SDCLT, at the address specified in this Lease as SDCLT’s address, on the first day of each month for as long as this Lease remains in effect, unless with SDCLT’s consent, the Ground Lease Fee is to be escrowed by a Permitted Mortgagee, in which case payment shall be made as specified by that Mortgagee. If the Lease commences on a day other than the first of the month, a pro-rata portion of the Ground Lease Fee shall be paid for the balance of the month at the time the Lease is executed. 5.3 HOW THE GROUND LEASE FEE HAS BEEN DETERMINED The Ground Lease Fee specified in section 5.1 above has been calculated as follows: First, an amount approximating the monthly fair rental value of the Leased Land has been established, current as of the commencement of the Term, recognizing that use of the Leased Land is restricted by some of the provisions of this Lease. Then the affordability of this monthly amount for the Homeowner has been analyzed and, if necessary, the amount has been reduced to yield the amount stated in section 5.1 above, which has been determined to be affordable for Homeowner. 5.4 SDCLT MAY REDUCE OR SUSPEND THE GROUND LEASE FEE TO IMPROVE AFFORDABILITY At SDCLT’s sole election, SDCLT may reduce, delay or waive entirely the Ground Lease Fee at any time and from time to time for the purpose of ensuring affordable monthly housing costs for the Homeowner. Any such reduction, delay, or waiver must be in writing and signed by SDCLT before being effective. 5.5 GROUND LEASE FEE MAY BE INCREASED FROM TIME TO TIME The Ground Lease Fee stated in section 5.1 above, as adjusted in the way provided below, shall be applicable during the term of this Lease. However, in the event that, for any reason, the provisions of Article 10 regarding transfers of the Home or section 4.6 or 4.9 regarding occupancy are suspended or invalidated for any period of time, then during ...
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GROUND LEASE FEE. Both Parties agree, upon the Effective Date of this Lease Agreement, that DSH shall pay the ground lease fee for the full 6,166.71 square meters of gross area related to the Total Lease Area. Each square meter shall cost RMB 4.38, and the total monthly ground lease fee shall be RMB 27,010.19.
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GROUND LEASE FEE. In consideration of the possession, continued use and occupancy of the Leased Premises, Homeowner shall pay to ACHT a monthly ground lease fee (the “Ground Lease Fee”) of twenty-five dollars ($25).
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GROUND LEASE FEE. In consideration of the possession, continued use and occupancy of the Leased Premises, Homeowner shall pay to CHT a monthly ground lease fee (the “Ground Lease Fee”) of thirty five dollars ($35.00).
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GROUND LEASE FEE. In consideration of the possession, continued use and occupancy of the Leased Premises, Homeowner shall pay to VCLT a monthly ground lease fee (the “Ground Lease Fee”). The Ground Lease Fee is currently set as ($ ) per month and will be adjusted as described in Sec 5.5.
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GROUND LEASE FEE. In consideration of the possession, continued use, and occupancy of the Leased Premises, Homeowner shall pay to IHT a monthly Ground Lease Fee of fifty ($50.00) dollars per month.
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GROUND LEASE FEE. Party A agrees to pay Ground Lease Fee on the 40% of the gross area of 6,855 square meters. For the first year of the lease term from the date of 1st June 2004 year to the date of 31 May 2005 year, the monthly Ground Lease fee is US$686 which shall be paid by Party A based on the monthly Ground lease fee per square meter is US$0.25. From the second year of the lease term from the date of 1st June 2005 year, the monthly Ground Lease fee is US$1,371, which shall be paid by Party A based on the monthly Ground lease fee per square meter is US$0.5.
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Related to GROUND LEASE FEE

  • New Lease In the event that this Lease is rejected in any bankruptcy, insolvency or dissolution proceeding or is terminated by Landlord following a Tenant Event of Default other than due to a default that is subject to cure by a Permitted Leasehold Mortgagee under Section 17.1(d) and Section 17.1(e) above, Landlord shall provide each Permitted Leasehold Mortgagee with written notice that this Lease has been rejected or terminated (“Notice of Termination”), and, for the avoidance of doubt, upon delivery of such Notice of Termination, no Permitted Leasehold Mortgagee shall have the rights as described in Section 17.1(d) and Section 17.1(e) above, but rather such Permitted Leasehold Mortgagee instead shall have the rights described in this Section 17.1(f)). Following any such rejection or termination, Landlord agrees to enter into a new lease (“New Lease”) of the Leased Property with such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee for the remainder of the term of this Lease, effective as of the date of termination, at the rent and additional rent, and upon the terms, covenants and conditions (including all then-remaining options to renew but excluding requirements which have already been fulfilled) of this Lease, provided: (i) such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee shall comply with the applicable terms of Section 22.2; (ii) such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee shall make a binding, written, irrevocable commitment to Landlord for such New Lease within thirty (30) days after the date such Permitted Leasehold Mortgagee receives Landlord’s Notice of Termination of this Lease given pursuant to this Section 17.1(f); (iii) such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee shall pay or cause to be paid to Landlord at the time of the execution and delivery of such New Lease, any and all sums which would at the time of execution and delivery thereof be due pursuant to this Lease but for such rejection or termination (including, for avoidance of doubt, any amounts that become due prior to and remained unpaid as of the date of the Notice of Termination) and, in addition thereto, all reasonable expenses, including reasonable documented attorney’s fees, which Landlord shall have incurred by reason of such rejection or such termination and the execution and delivery of the New Lease and which have not otherwise been received by Landlord from Tenant or other party in interest under Tenant; and (iv) such Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee shall agree to remedy any of Tenant’s defaults of which said Permitted Leasehold Mortgagee was notified by Landlord’s Notice of Termination (or in any other written notice of Landlord) and which can be cured through the payment of money or, if such defaults cannot be cured through the payment of money, are reasonably susceptible of being cured by Permitted Leasehold Mortgagee or its Permitted Leasehold Mortgagee Designee.

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