Ground Rent. In the event that Lessor’s interest in the Land is pursuant to a Ground Lease or sublease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Property.
Appears in 24 contracts
Sources: Hotel Lease Agreement, Hotel Lease Agreement (Apple REIT Ten, Inc.), Hotel Lease Agreement (Apple REIT Ten, Inc.)
Ground Rent. In the event that Lessor’s 's interest in the Land is pursuant to a Ground Lease or sublease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Property.
Appears in 7 contracts
Sources: Master Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Suites Inc), Lease Agreement (Felcor Lodging Trust Inc)
Ground Rent. In the event that Lessor’s 's interest in the Land is pursuant to a Ground Lease or subleaseground lease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Property, and shall promptly deliver to Lessee any default notice received by Lessor pursuant to the ground lease.
Appears in 4 contracts
Sources: Consolidated Lease Amendment (Equity Inns Inc), Lease Agreement (Equity Inns Inc), Consolidated Lease Agreement (Equity Inns Inc)
Ground Rent. In the event that Lessor’s 's interest in the Land is pursuant to a Ground Lease ground lease or a sublease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Property.
Appears in 3 contracts
Sources: Merger Agreement (American General Hospitality Corp), Purchase and Sale Agreement (Prime Hospitality Corp), Merger Agreement (Capstar Hotel Co)
Ground Rent. In the event that Lessor’s 's interest in the Land is ----------- pursuant to a Ground Lease or sublease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Property.
Appears in 2 contracts
Sources: Master Hotel Lease Agreement (Apple Hospitality Two Inc), Hotel Lease Agreement (Apple Suites Inc)
Ground Rent. In the event that Lessor’s 's interest in the Land is ------------ pursuant to a Ground Lease or sublease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Property.
Appears in 2 contracts
Sources: Hotel Lease Agreement (Apple Suites Inc), Master Hotel Lease Agreement (Apple Hospitality Two Inc)
Ground Rent. In the event that Lessor’s 's interest in the Land is ----------- pursuant to a Ground Lease ground lease or a sublease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Property.
Appears in 1 contract
Sources: Lease Agreement (American General Hospitality Corp)
Ground Rent. In the event that Lessor’s 's interest in all or any portion of the Land is pursuant to a Ground Lease or subleaseLease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased PropertyProperty under such Ground Lease.
Appears in 1 contract
Ground Rent. In the event that Lessor’s 's interest in the Land is pursuant to a Ground Lease or sublease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Lease Property.
Appears in 1 contract
Ground Rent. In the event that Lessor’s 's interest in the Land is pursuant to a Ground Lease or subleaseground lease, Lessor shall be solely responsible for the payment of any ground rent, building rent or subrent, as the case may be, due with respect to the Leased Property.
Appears in 1 contract
Sources: Lease Agreement (Equity Inns Inc)