Common use of PURPOSE OF MEMORANDUM OF GROUND LEASE Clause in Contracts

PURPOSE OF MEMORANDUM OF GROUND LEASE. This Memorandum of Ground Lease is prepared for the purposes of recording a notification as to the existence of the Lease but in no way modifies the express and particular provisions of the Lease.

Appears in 3 contracts

Samples: Ground Lease (Boomerang Systems, Inc.), Ground Lease (Boomerang Systems, Inc.), Ground Lease Agreement (Aes Red Oak LLC)

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PURPOSE OF MEMORANDUM OF GROUND LEASE. This Memorandum of Ground Lease is prepared solely for the purposes of recording a notification as to the existence of the Lease but notice and recordation, and in no way modifies the express and particular provisions of the Ground Lease.

Appears in 1 contract

Samples: Ground Lease (Morgans Hotel Group Co.)

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