Submerged Land Lease definition

Submerged Land Lease means that certain Lease, dated as of October 16, 1976, by and between the GVI and HOVIC (as amended, supplemented or modified from time to time), pursuant to which the GVI leases certain reclaimed submerged lands specified therein to Hovensa (as assignee of HOVIC).

Submerged Land Lease means, that certain Sovereignty Submerged Lands Lease- Modification to Reflect Change in Ownership, effective as of May 14, 2013, between the Board of Trustees of the Internal Improvement Trust Fund of the State of Florida, as lessor, and Borrower, as lessee, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time subject to the terms of this Agreement.

Submerged Land Lease means that certain Lease, dated as of October 16, 1976 (as amended, supplemented, or modified from time to time), by and between the GVI and the Debtor (as an assignee of HOVIC pursuant to the 1998 Letter Agreement).

Examples of Submerged Land Lease in a sentence

• The Submerged Land Lease or a memorandum of the Submerged Land Lease has been duly recorded.

• There has been no prior sale, transfer or assignment, hypothecation or pledge of the Submerged Land Lease which is outstanding.

• The Submerged Land Lease is in full force and effect and there are no material defaults thereunder by either party and, to Borrower’s knowledge, there are no conditions that, with the passage of time or the giving of notice, or both, would constitute defaults thereunder.

• Borrower has heretofore provided, or has caused Mortgage Borrower to provide, Lender with a true, correct and complete copy of the Submerged Land Lease and there have not been any amendments or modifications to the terms of the Submerged Land Lease other than pursuant to written instruments, copies of which have been previously provided to Lender.

• Seller shall deliver to Buyer a fully executed copy of the Parcel C-2 Submerged Land Lease at least 10 days before Closing.

More Definitions of Submerged Land Lease

Submerged Land Lease means that certain Submerged Land Lease effective as of April 28, 2010 between the Board of Trustees of the Internal Improvement Trust Fund of the State of Florida, as lessor, and the City and RDA, collectively, as lessee, recorded on December 13, 2010 in Official Records Book 27519, Page 662 of the public records of Miami-Dade County, Florida.

Submerged Land Lease. As set forth in Section 5.2(n) hereof.

Submerged Land Lease means that certain Submerged Land Lease SUB-0385-ER, originally dated as of December 21, 2017 from The Ohio Department of Natural Resources (“ODNR”), as landlord, to the City, as tenant, and recorded on March 16, 2018 as Instrument Number 201802174, together with any new or additional submerged land leases between ODNR, as

Submerged Land Lease has the meaning as set forth in the Mortgage.

Submerged Land Lease means that certain Sovereignty Submerged Land Lease entered into by and between the Board of Trustees of the Internal Improvement Fund of the State of Florida as lessor and the Partnership and Grove Isle Yacht Club as co-lessees thereunder and recorded in Official Records Book 16401, Page 609 of the Public Records of the State of Florida, as amended.

Submerged Land Lease means the Sovereignty Submerged Lands Lease Renewal with CNL APF Partners, LP, a Delaware limited partnership dated February 11, 2015 and any assignments or amendments thereto attached as Exhibit F.

Submerged Land Lease means any land lying beneath the waters of the State leased by the State to any person for cultivating oysters and other shellfish for commercial purposes.