Common use of Acquisition Date Clause in Contracts

Acquisition Date. The closing date with respect to the acquisition of any parcel of Land or leasehold interests therein (and the Improvements thereon, if any) (the "Acquisition Date") shall occur on the date on or after the Documentation Date on which all the conditions precedent thereto set forth in this Section 6.1 shall have been satisfied or waived by the applicable parties as set forth herein for such parcel of Land or leasehold interests therein. The obligation of the Lessor Trust to acquire such parcel of Land or leasehold interests therein on the respective Acquisition Date, the obligation of each Certificate Holder to make available any related Certificate Holder Amount on the respective Acquisition Date and the obligation of each Lender to make any related Loan on the respective Acquisition Date, are subject to satisfaction or waiver of the conditions precedent set forth in Section 2.1 and the following conditions precedent: