Ground Sublessor definition

Ground Sublessor means the Owner Lessor as sublessor of the Ground Interest under the Facility Site Sublease.
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Ground Sublessor means Lessor, as landlord under the Ground Sublease.
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Ground Sublessor means the Co-Trustee as sublessor of the Ground Interest under the Ground Sublease.
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Examples of Ground Sublessor in a sentence

  • In order to secure the Notes, the Ground Sublessor will, by the Lease Indenture, assign and xxxxx x Xxxx to the Lease Indenture Trustee in and to all of the Ground Sublessor's right, title and interest in, to and under the Site Lease, this Site Sublease and the Ground Interest (other than Excepted Payments and Excepted Rights).

  • The Ground Sublessee agrees that it will not, directly or indirectly, create, incur, assume or suffer to exist any Lien on or with respect to the Ground Interest or the Facility Site other than Permitted Liens, and the Ground Sublessee shall promptly notify the Ground Sublessor of the imposition of any such Lien of which the Ground Sublessee is aware and shall promptly, at its own expense, take such action as may be necessary to fully discharge or release any such Lien.

  • The Ground Sublessor and the Ground Sublessee understand and agree that (a) fee title to Ground Interest remains vested in the Ground Lessor, and (b) this sublease of Ground Interest is subject to the Permitted Encumbrances.

  • The Ground Sublessor hereby subleases to the Ground Sublessee, and the Ground Sublessee hereby subleases from the Ground Sublessor, the Ground Interest, upon the terms and conditions set forth herein.

  • Temporary residence (such as for training) does not qualify the new state as the agent state.

  • Except as otherwise provided herein, the Ground Sublessee shall undertake and perform, for the benefit of the Ground Sublessor, all duties and obligations of the Ground Sublessor under the Facility Site Lease and shall not take any action, or fail to take any action, which action or failure would constitute or result in an event of default under the Facility Site Lease.

  • In no event shall the Ground Sublessor, the Owner Participant, the Lease Indenture Trustee or the Pass Through Trustee have any duty or obligation to make any such inspection and such Persons shall not incur any liability or obligation by reason of not making any such inspection.

  • The Ground Sublessor hereby subleases Ground Interest to the Ground Sublessee, upon the terms and conditions set forth herein, for the term and renewal terms described below, and the Ground Sublessee hereby subleases Ground Interest from the Ground Sublessor.

  • The Facility, Components, Replacement Components, all equipment at any time acquired by the Ground Sublessor and located on the Facility Site and each part thereof have been severed from the Facility Site and from title thereto, shall be considered as personal property, and even though attached or affixed to or installed upon the Facility Site, as the case may be, shall not be considered to become fixtures or a part of the Facility Site.

  • The Ground Sublessor and the Ground Sublessee understand and agree that (a) fee title to the Facility Site remains vested in the Ground Sublessee and, (b) this sublease of the Ground Interest is subject to the Permitted Encumbrances and (c) fee title to the Undivided Interest is vested in the Ground Sublessor.


More Definitions of Ground Sublessor

Ground Sublessor means the Owner Trust as sublessor of the Ground Interest under the Site Sublease.
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Ground Sublessor shall have the meaning specified in the introductory paragraph of the Site Lease and Sublease.
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Ground Sublessor means Amelxxx Xxxtners, Inc.
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Ground Sublessor means the City of Palm Springs (as successor-in-interest to SENCA Palm Springs, Inc.).
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Related to Ground Sublessor

  • Sublessor means one who conveys real property by sublease."

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

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

  • 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:

  • Permitted Sublessee means the sublessee under a Permitted Sublease.

  • 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).

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Permitted Sublease means a sublease permitted under Section 7.2.7 of the Lease.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • 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.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Leased space means the individual storage space at the self-service facility which is rented to an occupant pursuant to a rental agreement.

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

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

  • Sublease Agreement means that certain Sublease Agreement, dated as of May 1, 2021 by and between the Company and the Agency.

  • Superior Landlord means and includes people or persons to whom the ownership or interest in the Leasehold Property might revert in the fullness of time.

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

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

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

  • Customer Premises means premises owned, controlled or occupied by the Customer which are made available for use by the Supplier or its Sub-Contractors for the provision of the Goods and/or Services (or any of them);

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • 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.