Ground Rent definition
Ground Rent means any rent, additional rent or other charge payable by the tenant under the Ground Lease.
Ground Rent shall have the meaning set forth in Section 7.6 hereof.
Ground Rent shall have the meaning set forth in the Mortgage Loan Agreement.
Examples of Ground Rent in a sentence
Provided that no Priority Payment Cessation Event has occurred and is continuing has occurred and is continuing, Lender shall disburse funds from the Ground Rent Account in accordance with Section 7.5 hereof.
Such deposit may be increased by Lender in the amount Lender deems is necessary in its reasonable discretion based on any increases in the Ground Rent due under the Ground Lease.
For the avoidance of doubt, for such period of time as the Mortgage Ground Rent Account is maintained pursuant to the terms of the Mortgage Loan Agreement, Borrower shall have no obligation to establish or maintain the same with Lender pursuant to this Section 3.1(f).
More Definitions of Ground Rent
Ground Rent means the aggregate amount of all rent and other amounts payable by the Mortgage Borrower pursuant to the Ground Leases.
Ground Rent means rent payable pursuant to a Ground Lease, if any.
Ground Rent means rent representing the value of the land without buildings on it. “Rack rent” means rent representing the value of the land and buildings.
Ground Rent means a rent issuing out of, or collectible in
Ground Rent means all ground rents, square footage rents, percentage rents or any other payments or rents owing under each Ground Lease.
Ground Rent means, as to any Site, all rents, fees and other charges payable to the Ground Lessor under the Ground Lease for such Site.
Ground Rent means, as to any Site, all rents, fees and other charges payable by Lessor to the Ground Lessor under the Ground Lease for such Site.