Supplemental Ground Lease definition

Supplemental Ground Lease means each Supplemental Ground Lease, and any Amended and Restated Supplemental Ground Lease or Amended and Restated Ground Lease between the City and the Authority, delivered to supplement and amend the Ground Lease, in connection with the issuance of one or more series of Additional Certificates or the conversion and/or remarketing of any Outstanding Certificates or the contracting for or termination or replacement of any Hedge Agreement or Credit
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Supplemental Ground Lease means each Supplemental Ground Lease or Amended and Restated Ground Lease between the City and the Authority, delivered to supple- ment and amend the Ground Lease, in connection with the issuance of one or more series of Additional Cer- tificates.
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Supplemental Ground Lease means the First Supplemental Ground Lease between the Board, as lessor, and the Corporation, as lessee, delivered to supplemental the Master Ground Lase in connection with the issuance of the Series 2013 Certifcates.
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Examples of Supplemental Ground Lease in a sentence

  • A Supplemental Ground Lease shall be delivered for any series of Refund- ing Certificates with a final matu- rity later than the final maturity of the then Outstanding Certificates.

  • NOW, THEREFORE, BE IT RESOLVED, that the Board of Supervisors for the University of Louisiana System hereby approves the University of Louisiana at Lafayette’s request for approval of the form and authorization to execute one or more First Supplemental Ground Lease Agreements and one or more First Supplemental Facilities Leases, each between the Board, acting on behalf of the University, and Ragin’ Cajun Facilities, Inc., to refund the Series 2010 Bonds and to retire the construction loan described herein.

  • Upon the purchase of the Corporation’s interest in the Facilities by the Board pursuant to this Option, the First Supplemental Facilities Lease and the First Supplemental Ground Lease shall terminate.

  • H.4. McNeese State University’s request for approval to enter into a Supplemental Ground Lease Agreement and a Supplemental Facilities Lease Agreement with Cowboy Facilities, Inc.

  • NOW, THEREFORE, BE IT RESOLVED, that the Board of Supervisors for the University of Louisiana System hereby approves McNeese State University’s request for approval to enter into a Supplemental Ground Lease Agreement and a Supplemental Facilities Lease Agreement with Cowboy Facilities, Inc.

  • In the event of and upon the payment of the Purchase Price and any other sums due under this Option by the Board, the Corporation will, on the purchase date, execute and deliver to the Board a written cancellation of the First Supplemental Ground Lease specifically transferring all of the Corporation’s interest in the Facilities to the Board in accordance with the following provisions.

  • NOW, THEREFORE, BE IT RESOLVED, that the Board of Supervisors for the University of Louisiana System hereby approves University of New Orleans’ request for approval of the form and authorization to execute a Supplemental Ground Lease Agreement and a Supplemental Facilities Lease, each between the Board, acting on behalf of the University, and UNO Research and Technology Foundation, Inc., to refund the Series 2014 Bonds described herein.

  • All terms, covenants and conditions contained in this Ground Lease shall include all parts of the Facilities, whether leased pursuant to the original Ground Lease or pursuant to any Supplemental Ground Lease thereto.

  • NOW, THEREFORE, BE IT RESOLVED, that the Board of Supervisors for the University of Louisiana System hereby approves the University of Louisiana at Lafayette’s request for approval of the form and authorization to execute a First Supplemental Ground Lease Agreement and a First Supplemental Facilities Lease, each between the Board, acting on behalf of the University, and Ragin’ Cajun Facilities, Inc., to refund the Series 2010 Bonds described herein.

  • I.3. University of Louisiana at Lafayette’s request for approval of a Supplemental Ground Lease and Supplemental Facilities Lease that will secure the refunding of the outstanding Lafayette Public Trust Financing Authority Revenue Bonds (Ragin’ Cajun Facilities, Inc.


More Definitions of Supplemental Ground Lease

Supplemental Ground Lease means any Ground Lease supplemental to this Ground Lease entered into in accordance herewith and substantially in the form set forth in Exhibit B to this Ground Lease.
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Related to Supplemental Ground Lease

  • 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:

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Eligible Ground Lease means a ground lease that (a) has a minimum remaining term of twenty-five (25) years, including tenant controlled options, as of any date of determination, (b) has customary notice rights, default cure rights, bankruptcy new lease rights and other customary provisions for the benefit of a leasehold mortgagee or has equivalent protection for a leasehold permanent mortgagee by a subordination to such leasehold permanent mortgagee of the landlord’s fee interest, and (c) is otherwise acceptable for non-recourse leasehold mortgage financing under customary prudent lending requirements. The Eligible Ground Leases as of the date of this Credit Agreement are listed on Schedule EG.

  • Financeable Ground Lease means, a ground lease reasonably satisfactory to the Administrative Agent on behalf of the Lenders, which must provide customary protections for a potential leasehold mortgagee (“Mortgagee”) such as (i) a remaining term, including any optional extension terms exercisable unilaterally by the tenant, of no less than 25 years, (ii) a provision that the ground lease will not be terminated until the Mortgagee has received notice of a default, has had a reasonable opportunity to cure and has failed to do so, (iii) provision for a new lease to the Mortgagee as tenant on the same terms if the ground lease is terminated for any reason, (iv) transferability of the tenant’s interest under the ground lease by the Mortgagee without any requirement for consent of the ground lessor unless based on delivery of customary assignment and assumption agreements from the transferor and transferee, (v) the ability of the tenant to mortgage tenant’s interest under the ground lease without any requirement for consent of the ground lessor and (vi) provisions that the tenant under the ground lease (or the leasehold mortgagee) has customary protections with respect to the application of insurance proceeds or condemnation awards attributable to the tenant’s interest under the ground lease and related improvements.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

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

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Supplemental Agreements means the First Supplemental Agreement, the Second Supplemental Agreement, the Third Supplemental Agreement, the Fourth Supplemental Agreement, the Fifth Supplemental Agreement and the Sixth Supplemental Agreement.

  • Qualified Ground Lease means each of the ground leases or ground subleases set forth on Schedule 1.01(d) hereto and for a Future Property means any ground lease (a) which is a direct ground lease or ground sublease granted by the fee owner of real property or a master ground lessee from such fee owner, (b) which may be transferred and/or assigned without the consent of the lessor (or as to which the lease expressly provides that (i) such lease may be transferred and/or assigned with the consent of the lessor and (ii) such consent shall not be unreasonably withheld or delayed) or subject to certain reasonable pre‑defined requirements, (c) which has a remaining term (including any renewal terms exercisable at the sole option of the lessee) of at least twenty (20) years, (d) under which no material default has occurred and is continuing, (e) with respect to which a Lien may be granted without the consent of the lessor (but subject to customary requirements regarding the nature of the holder of such Lien and prior notice to the lessor), (f) which contains customary and reasonable lender protection provisions, including, without limitation, provisions to the effect that (i) the lessor shall notify any holder of a Lien in such lease of the occurrence of any default by the lessee under such lease and shall afford such holder the option to cure such default, and (ii) in the event that such lease is terminated, such holder shall have the option to enter into a new lease having terms substantially identical to those contained in the terminated lease and (g) which otherwise contains no non-customary terms that are material and adverse to the lessee.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Supplemental Report means a Supplemental Report delivered by the Issuer to Treasury pursuant to the Definitive Agreement.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Supplemental Agreement Any supplemental agreement entered into pursuant to Article IX hereof.

  • Mortgage Amendments as defined in Section 6.11(a).

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.

  • 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).

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

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

  • Lease Agreements shall have the meaning set forth in Section 3.14.

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

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

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

  • Preliminary Mortgage Schedule As defined in Section 3.