Start. The Lease Term starts on the date (the “Start Date”) that is the 1st day of the month subsequent to the later of (i) the date Landlord has received a certificate of occupancy for the shell of the Leased Property and (ii) the date Landlord has received a certificate of occupancy for all of the residential units in the Hotel, provided that the minimum number of residential units must be 50. Landlord agrees to present the Tenant with finish specifications for the Residential Units for the Tenant’s review and approval prior to commencing the finishing of the Residential Units.
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