Ground Lease Assignment definition

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

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

Ground Lease Assignment has the meaning given it in paragraph 20.2.

Examples of Ground Lease Assignment in a sentence

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

• 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.

• The foregoing indemnification obligation of Buyer shall survive any termination of this Agreement or the delivery of the Deed and the Ground Lease Assignment, and the transfer of title to the Property.

• Seller shall pay at Closing (i) any transfer tax attributable to the ENCURC Ground Lease Assignment and Assumption, (ii) the title insurance premium for the Title Policies at a rate not in excess of standard issue rates, (iii) the costs to update the Survey, and (iv) any recording fees attributable to the documents releasing the Loan.

• 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 has the meaning given it in paragraph 20.2. “Guarantors” means , and its successors and assigns and heirs.

Ground Lease Assignment shall have the meaning set forth in Section 8.1.2 hereof.

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

Ground Lease Assignment means an Assignment and Assumption of Ground Leases substantially in the form attached as Exhibit D.

Ground Lease Assignment. The Assignment and Assumption of Ground Leases in the form attached as Exhibit G. Ground Leased Properties: The Real Property, if any, leased pursuant to the Ground Leases.

Ground Lease Assignment means an Assignment and Assumption of Ground Lease in the form attached hereto as Exhibit X, assigning to Buyer the Ground Lease and the leasehold interest in the Hotel Parcel and Seller’s right, title and interest (including any fee simple interest, as applicable) in the Hotel Improvements, subject only to Permitted Exceptions.