Ground Rents definition

Ground Rents means amounts I owe if I rented the real property under the buildings covered by this Security Document. Such an arrangement usually takes the form of a long-term "ground lease."
Ground Rents means amounts I owe if I rented the real property under the buildings covered by this Deed of Trust. Such an arrangement usually takes the form of a long-term "ground lease."
Ground Rents means, collectively, (i) the annual sums of base rent payable by Landlord as tenant under Section 3.01 of the Ground Lease, and (ii) the annual sums, if any, of percentage rent, retail rent and other rent payable with respect to the Project by Landlord, as tenant, under, respectively, Sections 3.04 and 3.05 of the Ground Lease.

Examples of Ground Rents in a sentence

  • I also will timely pay leasehold payments or Ground Rents on the Property, if any, and Community Association Dues, Fees, and Assessments, if any.

  • I also will timely pay leasehold payments or Ground Rents on My Homestead, if any, and Community Association Dues, Fees, and Assessments, if any.

  • On each Payment Date, Borrowers shall pay to Lender (for allocation as set forth herein) the Basic Carry Costs Monthly Installment, the Required Debt Service Payment, the Ground Rents Monthly Installment, the Capital Reserve Monthly Installment and any and all fees and other amounts then due to the Cash Collateral Account Bank, all for the then Current Interest Accrual Period, except as otherwise provided in Section 2.11.

  • Notwithstanding the foregoing, on the Closing Date Borrowers shall deposit the Initial Deferred Maintenance Amount into the Deferred Maintenance Sub-Account, the Initial Basic Carrying Cost Amount into the Basic Carrying Cost Sub-Account, the Initial Upfront Remediation Amount into the Upfront Remediation Sub-Account and the Initial Ground Rents Amount into the Ground Rent Reserve Sub-Account.

  • Borrower shall provide Lender and the Cash Collateral Account Bank with written notice of any changes in any Ground Rents sixty (60) days prior to the effective date of such change.


More Definitions of Ground Rents

Ground Rents means the ground rents (which for the avoidance of doubt shall not include any premia or rack rent) from any leases of private residential units as such rents are defined in the relevant Headlease;
Ground Rents means all rents payable by Borrower under the Ground Lease.
Ground Rents means all rents and other charges due under the Ground Lease.
Ground Rents means the rents payable by Borrower pursuant to the Ground Lease.
Ground Rents means, as to any Site (other than an Owned Site), all rents, fees and other charges payable by BMI to the Ground Lessor under the Ground Lease for such Site calculated in accordance with Section 11(d);
Ground Rents means, as to any Site, all rents, fees and other charges payable by an ALLTEL Company to the Ground Lessor under the Ground Lease for such Site, subject to Section 11(f).
Ground Rents means payments made by a lessee to a lessor under a perpetual leasehold where the lessor neither pays the taxes on the property nor performs services of any type with respect to the property.