Ground Leased Properties definition

Ground Leased Properties has the meaning set forth in Section 4.7(a).
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Ground Leased Properties means the Properties subject to the Ground Leases described on SCHEDULE 4.30 attached hereto.
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Ground Leased Properties means, collectively, those Facilities which are denoted as ‘ground leased property’ on Schedule 1 of the Disclosure Letter.
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Examples of Ground Leased Properties in a sentence

  • The Borrowers have good and marketable fee simple title (or, in the case of the Ground Leased Properties, leasehold title) to the Properties, free and clear of all Liens except for the Permitted Encumbrances.

  • The Borrowers have no estate, right, title or interest in or to the Ground Leased Properties except under and pursuant to the Ground Leases.

  • The Borrowers have good and marketable fee simple title (or, in the case of the Ground Leased Properties, leasehold title) to the Properties, other than the Managed Properties, free and clear of all Liens except for the Permitted Encumbrances.

  • Each of the Mortgage Borrowers has good and marketable fee simple title (or, in the case of the Ground Leased Properties, leasehold title) to its Property, free and clear of all Liens except for the Permitted Encumbrances.

  • The Borrowers have good and marketable fee simple title (or, in the case of the Ground Leased Properties, leasehold or subleasehold title) to the Properties, other than the Managed Properties, free and clear of all Liens except for the Permitted Encumbrances.

  • Other than as set forth on Schedule 3.1(d)(i), the applicable Seller is the owner of fee simple title to, or in the case of Ground Leased Properties, a valid leasehold interest in, such Seller’s Real Property identified as being owned by such Seller on Schedule 1 of the Disclosure Letter , in each case, free and clear of Liens other than any Permitted Exceptions applicable to such Seller’s Real Property.

  • Subject to the terms of Section 1.6, the term of this Lease (the “Term”) shall commence on the Commencement Date and shall expire on January 31, 2030, unless otherwise terminated as provided herein, provided that the Term for those certain Ground Leased Properties set forth on Exhibit B that have an expiration date under the applicable Ground Lease expiring prior to January 31, 2030, shall expire on the earlier expiration date under the applicable Ground Lease.

  • Borrower has good, marketable and insurable (i) leasehold title to the Land and the Improvements relating to the Ground Leased Properties and (ii) fee simple title to the Land and the Improvements relating to the Fee Properties, in each case free and clear of all Liens whatsoever except the Permitted Encumbrances, such other Liens as are permitted pursuant to the Loan Documents and the Liens created by the Loan Documents.

  • Each member of the Company Group has valid fee simple title to all Owned Properties and a valid and enforceable leasehold interest in all Ground Leased Properties free and clear of all Liens, other than Liens set forth in Schedule 5.6(a)(ii), and Permitted Liens.

  • Each of the Mortgage Borrowers and the Jekyll Island Borrowers had good and marketable fee simple title (or, in the case of the Ground Leased Properties, leasehold title) to its Property, free and clear of all Liens except for the Permitted Encumbrances.


More Definitions of Ground Leased Properties

Ground Leased Properties the Towers that are subject to a Ground Lease.
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Ground Leased Properties has the meaning given such term in the Mortgage Loan Agreement.
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Ground Leased Properties means Properties owned in fee simple by Borrower and leased by Borrower to a tenant pursuant to a ground lease as more particularly identified on Exhibit A attached hereto.
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Ground Leased Properties has the meaning given such term in each of the Pool 1 Mortgage Loan Agreement, the Pool 2 Mortgage Loan Agreement, and the Pool 3 Mortgage Loan Agreement.
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Ground Leased Properties means the Properties covered by the Ground Leases as set forth on Exhibit B attached hereto.
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Ground Leased Properties means the Properties subject to the Ground Leases as described on SCHEDULE 4.25 attached hereto; provided that, (i) following termination of a Ground Lease pursuant to Section 5.23, "GROUND LEASED PROPERTIES" shall mean each of the Properties that remain subject to a Ground Lease, and (ii) following a Substitution with respect to a Property that will be subject to a Ground Lease, "GROUND LEASED PROPERTIES" shall include the Replacement Property and shall exclude the Substituted Property.
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Related to Ground Leased Properties

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • The Properties means and refer to all such existing properties, and additions thereto, as are subject to this Declaration or any Supplemental Declaration under the provisions of Article II hereof.

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Real Property means, collectively, all right, title and interest (including any leasehold estate) in and to any and all parcels of or interests in real property owned in fee or leased by any Loan Party, whether by lease, license, or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, incidental to the ownership, lease or operation thereof.