Term Condition Precedent Sample Clauses

Term Condition Precedent. The Commencement Date, Expiration Date and Original Term of this Lease are as specified in Section 1.3. Notwithstanding anything to the contrary in this Lease, the closing of all of the transactions contemplated under the Purchase and Sale Agreement shall be a condition precedent to the effectiveness of this Lease, and any and all time periods will be adjusted accordingly (based on the date that the Closing Date actually occurs).