Ground Lease Put definition

Ground Lease Put means the right of the ground lessor under the Ground Lease to require Borrower to purchase the Ground Lease Parcel Fee Interest pursuant to Section 18.03 of the Ground Lease.
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Examples of Ground Lease Put in a sentence

  • Notwithstanding the foregoing or anything herein or in the Ground Lease or the Agreement Concerning Interests to the contrary, Borrower shall perform as required by the Ground Lease with respect to the Ground Lease Put on or before the date that is ten (10) days prior to the date the Association (as defined in the Agreement Concerning Interests) may compel Borrower to perform under the Ground Lease Put on the Association’s behalf under the Agreement Concerning Interests.

  • Notwithstanding the foregoing or anything herein or in the Ground Lease or the Agreement Concerning Interests to the contrary, Borrower shall cause Mortgage Borrower to perform as required by the Ground Lease with respect to the Ground Lease Put on or before the date that is ten (10) days prior to the date the Association (as defined in the Agreement Concerning Interests) may compel Mortgage Borrower to perform under the Ground Lease Put on the Association’s behalf under the Agreement Concerning Interests.