Leased Fees. The Bloomingdale’s, Macy’s, Macy’s Men’s & Home and Nordstrom pad sites are leased fees, where tenant or other non-borrower party constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant or other non-borrower party and/or its leasehold mortgagee.
Leased Fees. Jared Galleria of Jewelry and PX Xxxxx’x are leased fee properties, where tenant constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant and/or its leasehold mortgagee.
Leased Fees. Various out-lot properties (Kohl’s, Capital One and Cheddars) are leased fees, where tenant or other non-borrower party constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant or other non-borrower party and/or its leasehold mortgagee.
Leased Fees. The Connor's Steak & Seafood and Kona Grill outparcels are leased fees, where tenant or other non-borrower party constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant or other non-borrower party and/or its leasehold mortgagee.
Leased Fees. PF Xxxxx’x, Xxxxx, Burger King, 7-Eleven and Olive Garden are leased fee properties, where tenant constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant and/or its leasehold mortgagee.
Leased Fees. The Bank of America parcel and the Carl’s Jr. parcel are each a leased fee, where tenant or other non-borrower party constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant or other non-borrower party and/or its leasehold mortgagee. (ii)
Leased Fees. The anchor tenant parcel and two out-parcels at the Mortgaged Property (or other non-borrower party constructed improvements) are leased fees where the related tenants (Vons, Union Bank and Macaroni Grill, respectively) either maintain their own insurance or self-insure. Subject to applicable restoration obligations, casualty proceeds are payable to ground lessee or other non-borrower party and/or its leasehold mortgagee.
Leased Fees. Giant and IHOP pad sites are leased fees, where tenant or other non-borrower party constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant or other non-borrower party and/or its leasehold mortgagee. (ii)
Leased Fees. The Connor’s Steak & Seafood and Kona Grill outparcels are leased fees, where tenant or other non-borrower party constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant or other non-borrower party and/or its leasehold mortgagee. 18 000 Xxxxxxx Xxxxxx (Loan No. 5) The Mortgaged Property is security for seven senior pari passu loans aggregating $250,000,000. The Mortgage Loan documents permit that the property insurance provide for no deductible in excess of $100,000.
Leased Fees. Xxxxxx Xxxxxx, PNC Bank, BB&T Bank, Fauquier Bank and Minnieland pad sites are leased fees, where tenant or other non-borrower party constructed improvements and either maintains its own insurance or self-insures. Subject to applicable restoration obligations, casualty proceeds are payable to tenant or other non-borrower party and/or its leasehold mortgagee. (ii)
