Examples of Hotel Ground Lease in a sentence
Hotel Seller has delivered true, correct and complete copies of the Hotel Ground Lease to Buyer and neither Ground Lessor nor Hotel Seller, as ground lessee, has waived, canceled or surrendered any of its rights thereunder.
Buyer hereby covenants and agrees to provide to Seller and Ground Lessor all of the information and documentation that Ground Lessor may reasonably require or that is expressly required in the Hotel Ground Lease or the Retail Ground Lease as a basis for evaluating a requested consent to assignment.
All rent, charges or other payments due lessor from Hotel Seller as lessee under the Hotel Ground Lease have been paid to the extent they are payable through the date of this Agreement.
Under the Hotel Ground Lease, the Developer is responsible for financing 100% of the cost of these privately owned facilities.
The development and operation of the Resort Hotel and the Parking Structure is being implemented through that certain Hotel Ground Lease between the Port District and the Developer (“Hotel Ground Lease”).