Ground Lease Event of Default definition

Ground Lease Event of Default is defined in Section 15 of the Ground Lease.
Sample 1
Ground Lease Event of Default shall have the meaning set forth in ---------------------------- Section 15.
Sample 1
Ground Lease Event of Default means an Event of Default (as defined in the Ground Lease).
Sample 1

Examples of Ground Lease Event of Default in a sentence

  • Upon the occurrence or existence of any Ground Lease Event of Default and at any time thereafter unless such Ground Lease Event of Default is waived, Ground Lessor may sue Xxxund Lessee for the collection of any amount due under this Agreement or to enjoin the continuation of the Ground Lease Event of Default; provided, however, that such remedies are the sole and exclusive remedies of Ground Lessor hereunder.

  • The Ground Lease is in full force and effect and has not been amended and there exists no Ground Lease Event of Default.

  • Upon the occurrence or existence of any Ground Lease Event of Default and at any time thereafter unless such Ground Lease Event of Default is waived, Ground Lessor may xxx Ground Lessee for the collection of any amount due under this Agreement or to enjoin the continuation of the Ground Lease Event of Default; provided, however, that such remedies are the sole and exclusive remedies of Ground Lessor hereunder.


More Definitions of Ground Lease Event of Default

Ground Lease Event of Default shall have the meaning given to that term in Paragraph 5.01 of the Ground Lease. "Ground Lease Expiration Date" shall have the meaning given to that term in Paragraph 4.02 "Ground Lease Option Price" shall have the meaning given to that term in Paragraph 6.02 of the Ground Lease. "Ground Lease Property" shall have the meaning given to that term in Paragraph 2.01 of the Ground Lease. "Ground Lease Purchase Option" shall have the meaning given to that term in Paragraph 6.01 of the Ground Lease. "Ground Lease Purchase Option Date" shall have the meaning given to that term in Paragraph 6.01 of the Ground Lease. "Ground Lease Scheduled Expiration Date" shall have the meaning given to that term in Paragraph 2.02 of the Ground Lease. "Ground Lessee" shall have the meaning given to that term in the introductory paragraph of the Ground Lease. "Ground Lessor" shall have the meaning given to that term in the introductory paragraph of the Ground Lease. "Guaranty Obligation" shall mean, with respect to any Person, any direct or indirect liability of that Person with respect to any indebtedness, lease, dividend, letter of credit or other obligation (the "primary obligations") of another Person (the "primary obligor"), including any obligation of that Person, whether or not contingent, (a) to purchase, repurchase or otherwise acquire such primary obligations or any property constituting direct or indirect security therefor, or (b) to advance or provide funds (i) for the payment or discharge of any such primary obligation, or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency or any balance sheet item, level of income or financial condition of the primary obligor, or (c) to purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation, or (d) otherwise to assure or hold harmless the holder of any such primary obligation against loss in respect thereof. The amount of any Guaranty Obligation shall be deemed equal to the stated or determinable amount of the primary obligation in respect of which such Guaranty Obligation is made or, if not stated or if indeterminable, the maximum reasonably anticipated liability in respect thereof. "Hayward Lease" shall mean the Second Amended and Restated Lease Agreement to be entered into between the Hxxxxxx Xxxxxx, as landlord, a...
Sample 1
Ground Lease Event of Default means any event of default under the Ground Lease.
Sample 1
Ground Lease Event of Default means, with respect to the Additional Collateral designated on the Additional Collateral Schedule as the "Marina", either the City of St. Petersburg has terminated the Marina Ground Lease or the City of St. Petersburg has delivered to the Borrower notice that an event which gives the City of St. Petersburg the right to terminate the Marina Ground Lease has occurred and any applicable cure period has expired.
Sample 1
Ground Lease Event of Default shall have the meaning given to that term in Paragraph 5.01 of the Ground Lease Agreement.
Sample 1
Ground Lease Event of Default means a Default as defined in Article XIII of the Ground Lease.
Sample 1

Related to Ground Lease Event of Default

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Event of Default has the meaning specified in Section 8.01.

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Servicer Event of Default One or more of the events described in Section 7.01.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Issuer Event of Default means the occurrence of any of the following events:

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Master Servicer Event of Default One or more of the events described in Section 7.01.

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.