Common use of LEASE NOT BINDING UNLESS EXECUTED Clause in Contracts

LEASE NOT BINDING UNLESS EXECUTED. It is specifically understood and agreed that this Lease is offered to Tenant for signature and is subject to Landlord's acceptance and approval of same and that Tenant has hereunto affixed its signature with the understanding that said Lease shall not in any way bind Landlord or its Agent until such time as Landlord has approved said Lease and same is executed by Landlord and delivered to the Tenant.