Qualified Ground Lease Clause Samples

Qualified Ground Lease. Promptly after a Responsible Officer obtains knowledge of the occurrence of any event which constitutes or which with the passage of time, the giving of notice, or otherwise, would constitute an event of default by any party with respect to any Qualified Ground Lease, a statement of the Chief Financial Officer (or other Responsible Officer) of the Parent Guarantor setting forth details of such event of default and the action that the Parent Guarantor or any of its Subsidiaries has taken and proposes to take with respect thereto.
Qualified Ground Lease. The Parent Guarantor or the Issuer shall, promptly after a Responsible Officer of any Note Party or any of its Subsidiaries obtains knowledge of the occurrence of any event which constitutes or which with the passage of time, the giving of notice, or otherwise, would constitute an event of default by any party with respect to any Qualified Ground Lease, deliver to the Applicable Parties a statement of the Chief Financial Officer (or other Responsible Officer) thereof setting forth details of such event of default and the action that the Parent Guarantor or any of its Subsidiaries has taken and proposes to take with respect thereto.
Qualified Ground Lease. To the extent applicable, a copy (certified by a Financial Officer) of any Qualified Ground Lease relating to such Real Estate Property.