The term of the letting under this Agreement (the “ Term ”) with respect to the Existing Premises shall commence upon the Effective Date, and with respect to the Additional Premises shall commence upon the applicable Additional Premises Effective Date, and in each case shall end on the earlier of (i) 11:59 o’clock p.m. on the 30th day of December 2050, or the date of termination of the Basic Lease, whichever is earlier (the “ Expiration Date ”) and (ii) any earlier termination of this Agreement in accordance with its terms.