Land Interest definition

Land Interest means fee title to the parcel of real property described on ------------- Schedule 1 of the Lease Supplement and all Appurtenant Rights attached thereto. ----------------------------------

Land Interest means the individual, private or public company that holds the relevant interests in the Order Limits;

Land Interest means the Phase I Land Interest or the Phase II Land Interest or both, collectively, as the context may require.

Examples of Land Interest in a sentence

• Following the date each Loan is made (or in the case of Loans with respect to a Construction Land Interest, the Construction Term Expiration Date), interest on such Loan shall be payable in arrears on each Payment Date with respect thereto.

• If such Leased Property is a Construction Land Interest, counterparts of the supplement to the Construction Agency Agreement for such Leased Property, duly executed by the Construction Agent and the Lessor, shall have been delivered to the Agent.

• Each Lessee covenants to indemnify and save harmless Lessor, the Agent and each Lender from any actual and reasonable costs or expenses incurred by Lessor, the Agent or any Lender as a result of such contest, which indemnification shall survive the termination of this Lease; provided that neither the Agent nor any Lender shall be entitled to claim any indemnity against any Lessee pursuant to this sentence with respect to any Construction Land Interest during the Construction Term therefor.

• Notwithstanding the foregoing, all such costs and expenses related to the any Construction Land Interest shall be paid with the proceeds of Advances (subject to the conditions set forth in this Master Agreement).

• The parties hereto agree that this Agreement shall control the rights of the parties hereto in and to any such award, compensation or insurance payment relating to any Casualty affecting a Construction Land Interest.

More Definitions of Land Interest

Land Interest means an ownership interest in land or one in which the interest is less than one in which the holder is entitled to the entire property with unconditional power of disposition, including a lease or mineral interest but specifically excluding an easement interest. (FNSBC 20.04.010)

Land Interest means any parcel or parcels of real estate (which may be a Non-Acquired Land Interest) identified from time to time in a Funding Request and located in a state approved by the Agent and the Certificate Holders after discussion with applicable local counsel acceptable to the Agent and the Certificate Holders, which parcel or parcels of real estate are described on Schedule I to any Lease Supplement, together with all Appurtenant Rights attached thereto.

Land Interest means an interest or charge registered on title under the

Land Interest means that certain real property to be acquired as contemplated by the Operative Documents.

Land Interest has the meaning set forth in the Recitals to the Participation Agreement.

Land Interest means one of the three interests in Land described in ------------- Schedule 1 to the Participation Agreement, as well as any substitute or additional interest in Land that the Participants may accept from time to time in their discretion at the request of a Lessee under the Participation Agreement.

Land Interest means any interest, right or estate of any nature in or to Land, including a lease, easement, right of way, servitude, or profit a prende, but does not include title to that Land;