Common use of Rule Against Perpetuities Clause in Contracts

Rule Against Perpetuities. Notwithstanding any provision in this Lease to the contrary, if the Term has not commenced within twenty-one (21) years after the date of this Lease, this Lease shall automatically terminate on the twenty-first (21st) anniversary of the date of this Lease. The sole purpose of this provision is to avoid any possible interpretation of this Lease as violating the Rule Against Perpetuities, or any other rule of law or equity concerning restraints on alienation.

Rule Against Perpetuities. Notwithstanding any provision anything to the contrary contained in this Lease to the contraryLease, if the Term of the Lease has not commenced within twenty-one (21) years after the date of this Lease, this Lease shall automatically terminate on the twenty-first (21st) anniversary of the date of this Leasesuch date. The sole purpose of this provision is to avoid any possible interpretation of this Lease as violating a violation of the Rule Against Perpetuities, or any other rule of law or equity concerning restraints on alienation.

Rule Against Perpetuities. Notwithstanding any provision in this Lease to the contrary, if the Term has not commenced within twenty-one (21) years after the date Date of this Lease, this Lease shall automatically terminate on the twenty-first (21st) 21st anniversary of the date Date of this Lease. The sole purpose of this provision is to avoid any possible interpretation of this Lease as violating the Rule Against Perpetuities, Perpetuities or any other rule of law or equity concerning against restraints on alienation.

Rule Against Perpetuities. Notwithstanding any provision in this Lease ------------------------- to the contrary, if the Lease Term has not commenced within twenty-one (21) years after the date Date of this Lease, this Lease shall automatically terminate on the twenty-first (21st) 21st anniversary of the date Date of this Lease. The sole purpose of this provision is to avoid any possible interpretation of this Lease as violating the Rule Against Perpetuities, Perpetuities or any other rule of law or equity concerning against restraints on alienation.

Rule Against Perpetuities. Notwithstanding any provision in this Lease to the contrary, if the Lease Term has not commenced within twenty-one (21) years after the date of execution of this Lease, this Lease automatically shall automatically terminate on the twenty-first (21st) 21st anniversary of the date of this Leaseexecution hereof. The sole purpose of this provision is to avoid any possible interpretation of this Lease as violating the Rule Against Perpetuities, Perpetuities or any other rule of law or equity concerning against restraints on alienation.

Rule Against Perpetuities. Notwithstanding any provision anything to the contrary contained in this Lease to the contraryLease, if the Term of the Lease has not commenced within twenty-one (21) years after the date of this Lease, this Lease shall automatically terminate on the twenty-first (21st) anniversary of the date of this Leasesuch date. The sole purpose of this provision is to avoid any possible interpretation of this Lease as violating a violation of the Rule Against Perpetuities, or any other rule of law or equity concerning restraints on alienation.. ​

Rule Against Perpetuities. Notwithstanding any provision in this Lease to the contrary, if the Lease Term has not commenced within twenty-one (21) years after the date of this LeaseEffective Date, this Lease shall automatically terminate on the twenty-first (21st) anniversary of the Effective Date or, if the Demised Premises are not delivered to the Tenant within one (1) calendar year following the date of this Lease, then on the date which is one (1) calendar year following the date of this Lease. The sole purpose of this provision is to avoid any possible interpretation of this Lease as violating the Rule Against Perpetuities, or any other rule of law or equity concerning restraints on alienation.