Pre-leasing Condition definition

Pre-leasing Condition means the execution of a sublease by Tenant as sublandlord and Landlord or an Affiliate of Landlord as subtenant for no less than seventy-five thousand (75,000) square feet of Floor Area for office use on a "triple net" basis at a base rent of no less than Twenty-four Dollars ($24.00) per square foot of Floor Area, no more than Eight Dollars ($8.00) per square foot of Floor Area in Common Area maintenance costs and otherwise upon terms and conditions satisfactory to Tenant in its sole and absolute discretion.