Leased Fees Sample Clauses

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 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. 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. 27 000 Xxxxxxx Xxxxxx Facebook (single tenant) has taken possession of the mortgaged property and is currently renovating the entirety of mortgaged property in three phases with

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 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. 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. 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)

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. Pad site tenants (Discount Tire and O’Charley’s) 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.