Common use of Conditional Lease Clause in Contracts

Conditional Lease. The Lease is conditional upon the completion of the IPO by no later than December 31, 2023. In the event this condition is not met this Lease shall ipso facto become null and void and of no further effect, without any rights or recourses whatsoever between the parties related thereto.

Appears in 6 contracts

Sources: Master Asset Purchase Agreement (Strong Global Entertainment, Inc.), Lease Agreement (Strong Global Entertainment, Inc.), Master Asset Purchase Agreement (FG Group Holdings Inc.)

Conditional Lease. The Lease is conditional upon the completion of the IPO by no later than December 31, 20232022. In the event this condition is not met this Lease shall ipso facto become null and void and of no further effect, without any rights or recourses whatsoever between the parties related thereto.

Appears in 2 contracts

Sources: Lease Agreement (Strong Global Entertainment, Inc), Lease (Strong Global Entertainment, Inc)