Common use of Construction Approvals Clause in Contracts

Construction Approvals. The parties hereby agree that this Lease is ---------------------- conditioned upon Landlord obtaining a Building Permit, Site Plan Approval and Site Development Permit for the Premises in connection with the completion of the Improvements by the dates set forth in Section 14 of the Improvement Agreement (attached hereto as Exhibit "C"). If Landlord fails to obtain such ----------- approvals, Tenant shall have the right, in its sole discretion, to terminate this Lease upon written notice to Landlord, whereupon Landlord's and Tenant's obligations under this Lease shall terminate, except for any obligations which survive termination of this Lease, as expressly set forth in this Lease, and except that (a) Landlord shall refund any prepaid Rent to Tenant and (b) Landlord shall be required to sell the Premises to Tenant upon such termination in accordance with Article 19 below.