Ground Leased Real Property definition

Ground Leased Real Property has the meaning set forth in Section 3.08(b).
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Ground Leased Real Property means all real property in which the Company or a Company Subsidiary holds as lessee or sublessee a ground lease or ground sublease interest in any real property.
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Ground Leased Real Property means the Real Property leased pursuant to the Ground Lease.
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Examples of Ground Leased Real Property in a sentence

  • Each of the Company or its Subsidiary, as applicable and as identified in Section 3.17(b) of the Company Disclosure Letter as the ground lessee of Company Leased Real Property (the “Company Ground Leased Real Property”), has good, valid and marketable leasehold title to the Company Ground Leased Real Property, free and clear of any Liens or other matters affecting title to the Company Ground Leased Real Property other than Permitted Liens.

  • Except as would not have or reasonably be expected to have a Company Material Adverse Effect, a Paired Entity or a Paired Entities Subsidiary holds a valid leasehold or subleasehold interest in the Ground Leased Real Property free and clear of all Encumbrances except for Permitted Encumbrances.

  • The Owned Real Property and, to the Knowledge of PHCS, the Ground Leased Real Property are subject to no easements, conditions, restrictions, ordinances, or other limitations that would make such property unusable for its current use or the title to such property unmarketable or materially restrict or impair the current use or operation of the business in a manner consistent with the current use, or that would require the removal of any improvements, except for Permitted Encumbrances.

  • Each of the Company or its Subsidiary, as applicable and as identified in S ection 3.17(b) of the Company Disclosure Letter as the ground lessee of Company Leased Real Property (the “CompanyG round Leased Real Property”), has good, valid and marketable leasehold title to the Company Ground Leased Real Property, free and clear of any Liens or other matters affecting title to the Company Ground Leased Real Property other than Permitted Liens.

  • Except as would not, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect, the Company or a Company Subsidiary holds a valid leasehold or subleasehold interest in the applicable Ground Leased Real Property free and clear of all Liens except for Permitted Liens.

  • Without in any way limiting the generality of the foregoing: (y) a list of all current underground storage tanks located on the Owned Real Property or Ground Leased Real Property of which PHCS has Knowledge is set forth on Schedule 4.11.2; and (z) all existing underground storage tanks used by PHCS or a PHCS Affiliate to store Hazardous Substances are in compliance in all material respects with applicable Environmental Law.

  • The Ground Leased Real Property includes all real estate ground leased by PHCS or a PHCS Affiliate.

  • Schedule 4.11.1 lists all leases of Owned Real Property with any tenant and leases of Ground Leased Real Property with any tenant or other Person that provides healthcare services or items (i.e., practitioner, supplier or provider) and includes a description of the rental amount, suite number, and square footage leased.

  • Except as described in Schedule 4.11.1, there are no outstanding options, rights of first refusal or rights of first offer to purchase any Owned Real Property, Ground Leased Real Property or any portion thereof or interest therein.

  • Except as set forth in Schedule 4.11.1, neither PHCS nor a PHCS Affiliate has leased or otherwise granted to any Person the right to use any Owned Real Property, Ground Leased Real Property or any portion thereof.


More Definitions of Ground Leased Real Property

Ground Leased Real Property means the real property leased by either Borrower or a Guarantor located at the addresses listed on Schedule 1.1A.
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Ground Leased Real Property means all of the leasehold interests, easements, licenses, rights to access and rights-of-way which are used or held for use in the business and operations of any Station as described in SCHEDULE 1(B).
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Ground Leased Real Property shall have the meaning set forth in the recitals of this Agreement.
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Ground Leased Real Property has the meaning set out in Paragraph 17(b) of Schedule C.
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Related to Ground Leased Real Property

  • Leased Real Property has the meaning set forth in Section 3.18(b).

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

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • 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.

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Leased Real Estate means all real property that the Company or any of its Subsidiaries leases, subleases or otherwise uses or occupies, or has the right to use or occupy, pursuant to a Lease.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • 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:

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • Real Property Leases has the meaning set forth in Section 4.7(b).

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).