Common use of Additional Advance Clause in Contracts

Additional Advance. The total amount of the Additional Advance pursuant to Section 3(h) of Exhibit C shall be Seven Hundred Seventy Thousand Six Hundred Twenty-five and 00/100 Dollars ($770,625.00). The Additional Advance shall be repaid in the form of additional Rent, with interest at the rate of 10% per annum pursuant to the amortization schedule attached as Exhibit A the “Additional TI Rent”). The Additional TI Rent shall be payable beginning on the Commencement Date monthly in advance together with the payment of Base Rent and shall be included in the definition of “Rent” for all purposes under the Lease. Tenant retains the right to prepay the Additional Advance at any time, as provided in Section 3(h) of Exhibit C of Lease. The amount of such prepayment shall be the amount set forth in the amortization schedule attached as Exhibit A.