Condition Precedent

Example Definitions of "Condition Precedent"
Condition Precedent. The effectiveness of this Agreement is expressly subject to Landlord and Tenant entering into the New Lease; provided that Landlord and Tenant each acknowledges and agrees that the other party shall have no obligation to enter into the New Lease unless both parties agree upon terms and provisions for such New Lease in their sole and absolute discretion.
Condition Precedent. The meaning set forth in Paragraph 2
Condition Precedent. Shall mean the execution and delivery by a replacement tenant of a lease agreement for the Surrender Premises in form and substance satisfactory to Landlord, in each case, as determined by Landlord in its sole discretion.
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