Leasehold Estate
Leasehold Estate. Shall have the meaning provided in the Recitals.
Found in
GLIMCHER REALTY TRUST contract
Leasehold Estate. Borrower's interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following: (a) All rights of Borrower to renew or extend the term of the Ground Lease. (b) All amounts deposited by Borrower with Ground Lessor under the Ground Lease. (c) Borrower's right or privilege to terminate, cancel, surrender, modify or amend the Ground Lease. (d) All other options, privileges and rights granted and demised to Borrower...
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