LEASE CONDITION. As of the Building F Closing Date, (1) Seller shall be the sole tenant with respect to the Building F Property (other than (i) the Existing Building F Subtenant, (ii) any other subtenant under a sublease in which Seller is the sublandlord or (iii) if applicable, the Building F Owner in connection with any temporary occupancy of Building F as a subtenant of Seller after the Building F Closing), and (2) Purchaser shall have received assurances acceptable to Purchaser in its reasonable discretion that on the consummation of the Building F Closing, the Existing Building F Lease shall have been terminated or expired.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Arena Pharmaceuticals Inc)