LEASE SUMMARYSublease and Development Agreement • October 29th, 2021
This Agreement “shall commence on such date as all of the conditions to the Authority’s obligations set forth in Section 4.2.1 of this Agreement have been satisfied or waived . . . and shall expire on the Secondary Term Commencement Date [which is] . . . the later of (i) Substantial Completion of the Stadium Premises . . . or (ii) if the date of Substantial Completion of the Stadium Premises occurs between January 1 and July 14 in any Calendar Year, the immediately succeeding July 15 if Tenant so requests . . . and [shall] continue until the later of (i) December 31 of the thirtieth (30th) Lease Year of the Term of this Agreement or (ii) forty-eight (48) hours after the last Tenant Home Game of the NFL season that began during the thirtieth (30th) Lease Year of the Secondary Term of this Agreement.” Section 2.3, page 29.
LEASE SUMMARYSublease and Development Agreement • July 24th, 2012
This Agreement shall commence when all rights and obligations have been satisfied or waived in writing by the Authority and shall expire on the Secondary Term commencement date. The Secondary Term shall commence on the later of 1) substantial completion of the Stadium Premises, or 2) if the date of Substantial Completion of the Stadium Premises occurs between January 1 and July 14, or 3) forty-eight hours after the last Tenant Home Game of the NFL season that began during the thirtieth Lease Year of the Secondary Term of this Agreement.
