Common use of Undivided Interest Clause in Contracts

Undivided Interest. Upon the terms and subject to the conditions of this Lease, the Lessor agrees to lease and upon delivery of Lease Supplement No. 1 leases the Undivided Interest to the Lessee, and the Lessee agrees to lease and upon acceptance of Lease Supplement No. 1 leases the Undivided Interest from the Lessor, for the Interim Lease Term, the Basic Lease Term and, subject to the exercise by the Lessee or the Lessor of the renewal option or options as provided in Section 5, the Renewal Term or Renewal Terms.

Undivided Interest. Upon the terms and subject to the conditions of this Lease, the Lessor agrees to lease and and, upon delivery of Lease Supplement No. 1 1, leases the Undivided Interest to the Lessee, and the Lessee agrees to lease and and, upon acceptance of Lease Supplement No. 1 1, leases the Undivided Interest from the Lessor, for the Interim Lease Term, the Basic Initial Lease Term and, subject to the exercise by the Lessee or the Lessor of the renewal option or options as provided in Section 5, the Renewal Term or Renewal Terms.