Common use of Separate Lease Clause in Contracts

Separate Lease. If: (i) Tenant fails to timely deliver an Exercise Notice or ROFR Exercise Notice, as applicable, or (ii) after the expiration of a period of 30 days after Landlord’s delivery to Tenant of a separate written lease for the 231 ▇▇▇▇▇▇ Building or the Identified Space, as applicable, no separate written lease for the 231 ▇▇▇▇▇▇ Building or the Identified Space, as applicable, acceptable to both parties each in their reasonable discretion after using diligent good faith efforts negotiate the same, has been executed, Tenant shall, notwithstanding anything to the contrary contained herein, be deemed to have forever waived its right to lease the 231 ▇▇▇▇▇▇ Building or Identified Space, as applicable.