Ground Sublease definition

Ground Sublease means the Ground Sublease and Easement Agreement, dated as of the Closing Date, among the Ground Sublessor and the Ground Sublessee, substantially in the form of Exhibit D to the Participation Agreement.
Ground Sublease. Subject to the ground lease and the ground lease mortgage currently held by an affiliate of the related Mortgagor, and collaterally assigned to Seller.
Ground Sublease has the meaning given to such term in the Recitals.

Examples of Ground Sublease in a sentence

  • Brillian covenants and agrees fully and faithfully to perform the terms and conditions of the Ground Sublease as they relate to the Sublet Premises and this Sublease on its part to be performed, including, but not limited to, all maintenance and repair obligations and all compliance with law obligations.

  • Brillian shall not do or cause to be done or suffer or permit any act to be done that would or might cause the Ground Sublease, or the rights of TFS as tenant under the Ground Sublease, to be endangered, canceled, terminated, forfeited, or surrendered, or that would or might cause TFS to be in default thereunder or liable for any damage, claim, or penalty.

  • TFS shall decide in its reasonable discretion whether or not to terminate the Ground Sublease and shall give Brillian written notice of such decision.

  • Furthermore, Brillian expressly acknowledges that TFS has the right pursuant to Section 3.3 of the Ground Sublease to purchase the Land, in which event the Master Ground Lease (as such term is defined in the Ground Sublease) shall be amended to delete the Land as of the closing of such purchase, as more fully set forth in Section 3.3(B)(3) of the Ground Sublease.

  • All rights, remedies, and indemnifications given to the Ground Lessor in the Ground Sublease are hereby given to TFS under this Sublease.


More Definitions of Ground Sublease

Ground Sublease means the ground sublease, dated as of ___ 2003, by and between the Lessor, as lessor thereunder, and the Lessee, as lessee thereunder.
Ground Sublease means the Amended and Restated Ground Sublease Agreement effective as of September 24, 1998, from Amelxxx Xxxtners, Inc., as Lessor, to Borrower, as Lessee (Borrower's obligations thereunder have been assigned to and assumed by Guarantor pursuant to an Assignment and Assumption Agreement dated November 22, 1998).
Ground Sublease has the meaning set out in the recitals. 2
Ground Sublease means the sublease dated October 31, 1994 of the Ground Lease from DSN to EDC.
Ground Sublease means that certain sublease between Seller (as successor-in-interest to the Community Redevelopment Agency of the City of Palm Springs, California), as sublessee, and the Ground Sublessor (as defined below) listed on Exhibit J attached hereto, together with all agreements (including, without limitation, subordination and non-disturbance agreements and consents to assignments) which are amendatory or supplementary thereto.
Ground Sublease means the Ground Sublease dated as of March 1, 2019, by and between the Ground Sublessor and Ground Sublessee.
Ground Sublease means that certain Ground Sublease, dated as of the Documentation Date, between the Ground Lessee, as landlord, and Lessor, as tenant, in respect of the Land, as the same may be amended in accordance with the terms thereof.