Ground Lessor Consent definition

Ground Lessor Consent shall have the meaning set forth in Section 9.4.
Ground Lessor Consent as defined in Section 5.11.
Ground Lessor Consent shall have the meaning set forth in Section 5.1(r) of this Agreement.

Examples of Ground Lessor Consent in a sentence

  • Without limitation on any other rights or obligations set forth herein, the delivery of the Ground Lessor Consent and Estoppel, in substantially the same form and substance as attached hereto as Exhibit P, shall, at Buyer's discretion, be a condition precedent to Buyer's obligations hereunder.

  • The Ground Lessor Consent, the TIC Parties ----------------- Consent and the Contract Party Consents shall have been obtained.

  • Seller shall obtain from ----------------------------------------- the Ground Lessor, at Seller's sole cost and expense, a consent to the assignment of the Ground Lease to Purchaser together with a waiver of Ground Lessor's right of first refusal as described in Section 29.2 of the Ground Lease and an estoppel certificate from the Ground Lessor in the form attached hereto and incorporated herein as Exhibit F (collectively the "Ground Lessor Consent").

  • As required by Section 11.2(p) below, the foregoing Ground Lessor Consent and Estoppel shall be dated no more than twenty (20) days prior to the Closing Date.

  • No such assignment shall delay or otherwise adversely affect the Closing and Purchaser shall provide notice to Seller of any Purchaser’s Designee in advance of the request of the GECC Approval and the Ground Lessor Consent.

  • Accordingly, each of Seller and Purchaser agrees to use reasonable efforts to obtain the Ground Lessor Consent prior to the Closing, as hereinafter defined, and that all costs and expenses incurred by Seller or Purchaser in obtaining or attempting to obtain the Ground Lessor Consent, whether incurred before or after Closing, shall be borne and paid by Purchaser.

  • The Ground Lessor Consent and the Ground Lessor Estoppel are subject to the San Diego Unified Port District’s review and approval at a meeting of the Board of Port Commissioners of the San Diego Unified Port District.

  • As conditions precedent to CSCP's obligation to consummate the transactions contemplated by this Agreement with respect to the Stabilized Property, CSCP shall receive the Dover Ground Lessor Consent, the Dover Ground Lease Amendment and the Dover Fee Mortgage Release.

  • In addition, if the Hotel Property is subject to a Ground ------------- Lease, no default by the lessee under the Ground Lease exists, the Ground Lease remains in full force and effect and the Administrative Agent shall have received a Ground Lessor Consent.

  • If any such claim is asserted, or any such lien or charge upon payments, or any such taxes, assessments, impositions or other charges, are sought to be imposed, the County or the Trustee, as the case may be, will give prompt notice to the Company, and the Company shall have the sole right and duty to assume, and will assume, the defense thereof, with full power to litigate, compromise or settle the same in its sole discretion.


More Definitions of Ground Lessor Consent

Ground Lessor Consent means a Ground Lessor Consent and Agreement --------------------- acceptable to the Agents and in substantially the form of the attached Exhibit P or other form approved by the Agents, executed by the then current lessor for the Ground Lease.
Ground Lessor Consent has the meaning given to such term in Section 3.3.
Ground Lessor Consent means the approval of the Ground Lessor Consent Items by the applicable Consent Ground Lessor Party under the applicable Consent Ground Lease, as evidenced by the execution and delivery of the Ground Lessor Consent Documents.
Ground Lessor Consent has the meaning set forth in Section 11.2(e).
Ground Lessor Consent has the meaning given to such term in SECTION 3.5(a).

Related to Ground Lessor Consent

  • 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:

  • Ground Lessor means the lessor under the Ground Lease.

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Landlord Consent and Estoppel means, with respect to any Leasehold Property, a letter, certificate or other instrument in writing from the lessor under the related lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord Consent and Estoppel to be in form and substance reasonably acceptable to Collateral Agent in its reasonable discretion, but in any event sufficient for Collateral Agent to obtain a Title Policy with respect to such Mortgage.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Lease Assignment has the meaning set forth in Section 3.6(d).

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • SNDA means a Supplemental New Drug Application, as defined in the FDCA and applicable regulations promulgated thereunder.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Estoppel Certificate As defined in Section 23.1(a).

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Financing Lease means any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.