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

• Subject to the provisions of Sections 6.08(c) and (d), Borrower will pay or cause to be paid (i) all Taxes when due and before the addition of any interest, fine, penalty or cost for nonpayment, and (ii) if Borrower’s interest in the Mortgaged Property is as a Ground Lessee, then the monthly or other periodic installments of Ground Rent before the last date upon which each such installment may be made without penalty or interest charges being added.

• Lender will maintain records indicating how much of the monthly Imposition Reserve Deposits and how much of the aggregate Imposition Reserve Deposits held by Lender are held for the purpose of paying Taxes, Insurance premiums, Ground Rent (if applicable) and each other Imposition.

• If Borrower holds a ground lessee interest in the Mortgaged Property and Imposition Reserve Deposits are collected for Ground Rent, then Lender will pay the monthly or other periodic installments of Ground Rent from the Imposition Reserve Deposits, whether or not Lender receives a xxxx or invoice for such installments.

• The Ground Rent applicable after expiry of free delivery period including Ex-gratia extension will be 1% (One Percent) of the Sale Value of un-lifted quantity per week or part thereof.

• For the purpose of this procedure, the Depositor instructed us to use a materiality threshold of +/- 5%, calculated as a percentage of the value as shown in the Ground Rent Documents.

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 all ground rents, square footage rents, percentage rents or any other payments or rents owing under each Ground Lease.

Ground Rent means a rent issuing out of, or collectible in

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, as to any Site, all rents, fees and other charges payable by Lessor 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 the applicable T-Mobile Lessor or its Affiliates to the Ground Lessor under the Ground Lease for such Site.