Common use of Condition of Lease Clause in Contracts

Condition of Lease. Landlord’s agreement to enter into this Lease and to terminate the Prior Lease is expressly conditioned upon Tenant’s full and complete performance of all obligations of Tenant under the Prior Lease, including, without limitation, the payment by Tenant of all Rent, Additional Rent and other amounts due and payable under the Prior Lease through the Commencement Date of this Lease. Should Tenant fail to satisfy such obligations within applicable notice and cure periods set forth in the Prior Lease, Landlord shall have the option to terminate this Lease.

Condition of Lease. Landlord’s 's agreement to enter into this Lease and to terminate the Prior Lease is expressly conditioned upon Tenant’s 's full and complete performance of all obligations of Tenant under the Prior Lease, including, without limitation, the payment by Tenant of all Rent, Additional Rent and other amounts due and payable under the Prior Lease through the Commencement Date of this Lease. Should Tenant fail to satisfy such obligations within applicable notice and cure periods set forth in the Prior Lease, Landlord shall have the option to terminate this Lease.