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(hh) "Lender" means the holder, mortgagee, grantee or secured party under <br />any Leasehold Mortgage. <br />(ii) "Lessee's Estate or Leasehold Estate" means during the Term of this <br />Lease, Lessee's leasehold interest in the Land and Lessee's fee ownership interest in the <br />Improvements. <br />(jj) "Lessor's Estate" means Lessor's fee estate in the Land and reversionary <br />interest in the Improvements pursuant to this Lease. <br />(kk) "Loan Documents" means all documents executed by. Lessee evidencing <br />or securing a Leasehold Mortgage. <br />(11) "Management Agent" means the Person designated from time to time as <br />"Management Agent" of all or any portion of the Improvements under any management <br />agreement entered into from time to time with Lessee. The initial Management Agent will be <br />(mm) "Memorandum" means the Memorandum of Ground Lease to be <br />executed by the Parties substantially in the form attached hereto as Exhibit C and recorded in the <br />Official Records as of the Commencement Date. <br />(nn) "Net Condemnation Award" means the net amounts owed or paid to the <br />Parties or to which either of the Parties may be or become entitled by reason of any Taking or <br />pursuant to any agreement with any condemning authority which has been made in settlement of <br />any proceeding relating to a Taking, less any costs and expenses incurred by the Parties in <br />collecting such award or payment <br />(oo) "Official Records" means the Official Records of Alameda County. <br />(pp) <br />"Partnership" means the limited partnership that is the Lessee. <br />(qq) "Party" means Lessor or Lessee, as applicable. Lessor and Lessee shall be <br />referred to collectively as the "Parties." <br />(rr) "Permitted Encumbrances" means permitted title encumbrances as <br />defined in Section 9.1(a). <br />(ss) "Person" means an individual, partnership, corporation, public benefit <br />corporation, trust, unincorporated association, or other entity or association. <br />(tt) <br />"Project" means the Improvements as defined above. <br />(uu) "Regulatory Agreement" means that certain Affordable Housing <br />Regulatory Agreement and Declaration of Restrictive Covenants to be executed by Lessor and <br />Lessee and recorded concurrently with execution of this Lease. - <br />(vv) "Rent" is defined in Section 4.1 hereof. <br />6 <br />OAK #4823-7863-2026 v2 <br />