Ground Lease Assignment definition

Ground Lease Assignment has the meaning set forth in Section 2.2.

Ground Lease Assignment shall have the meaning set forth in Section 9.4(d)(xiv).

Ground Lease Assignment shall have the meaning assigned thereto in Section 6.1(b).

Examples of Ground Lease Assignment in a sentence

• Notwithstanding anything to the contrary herein, the Escrow Agent shall not record the Ground Lease Assignment until such time as it is prepared to disburse to Seller on the Closing Date the amount specified in the immediately preceding sentence, and issue to Purchaser the Title Policy.

• Seller and Purchaser shall each pay one-half of (i) all recording costs (including, but not limited to, all transfer and recordation taxes and recording fees) in connection with the recording of the Ground Lease Assignment, and (ii) the Closing Escrow and settlement fee of the Escrow Agent (which shall not exceed $750.00).

• In the event of such election, Buyer and Seller shall cause Escrow Agent to record the Ground Lease Merger prior to the Deed and the provisions of this Agreement relating to the deposit, recordation and delivery of the Ground Lease Assignment shall be deemed deleted.

• Sellers shall cooperate with Purchaser with respect to Purchaser obtaining a consent to the Ground Lease Assignment from each of the Ground Lessors.

• Seller shall pay the cost and expense of any assumption fee required by the terms of the Existing Encumbrance, a standard coverage title policy in the amount of the Purchase Price, the cost of the original Survey, the cost of any title curative endorsements, one-half of the escrow fee of Escrow Holder, one-half of any documentary transfer taxes payable in connection with the recordation of the Deed and Ground Lease Assignment and one-half of any other Closing costs not specifically apportioned hereunder.

More Definitions of Ground Lease Assignment

Ground Lease Assignment means a recordable assignment and assumption agreement for each Lease, in the form attached hereto as Exhibit C and made a part hereof.

Ground Lease Assignment means an Assignment and Assumption of Ground Lease in substantially the form attached hereto as Schedule 8.2(b).

Ground Lease Assignment has the meaning set forth in Section 11(a).

Ground Lease Assignment means that certain Ground Lease Assignment, Estoppel, and Attornment Agreement between Borrower, Lender, and the Gallatin Airport Authority, under which Borrower grants to Lender a collateral assignment of its rights under the Ground Lease.

Ground Lease Assignment means an assignment and assumption of the Ground Lease in substantially the form attached hereto as Exhibit C whereby Ground Lessee assigns and Purchaser assumes all of Ground Lessee’s right, title and interest in and to the Ground Lease pursuant to the terms and conditions thereof.

Ground Lease Assignment means that certain Assignment and Assumption Agreement, dated as of the date hereof, between Enchanted Parks, Inc., as assignor, and Landlord, as assignee.

Ground Lease Assignment shall have the meaning given such term in Section 7.2.2 of this Agreement.