How do I use "or" in a variable?

Or in a variable checks in order from left to right for a value that is not nil and not false and will use either the first one that is not nil and not false or the last one in the line.

local Character = game.Players.LocalPlayer.Character or game.Players.LocalPlayer.CharacterAdded:Wait()

This script will first check if the player's character already exists in the workspace. If the character is nil (not spawned), then it will wait until the player's character is spawned.

or will simply set the variable to the side which is truthy, in this case it will wait for the CharacterAdded event to fire until the character exists