Amortized Improvement Allowance Sample Clauses

Amortized Improvement Allowance. Lessor hereby grants Lessee the option to amortize an additional Ten and 00/100 Dollars ($10.00) per USF of the Demised Premises (“Amortized Improvement Allowance”) in excess of the TI Allowance provided by Lessor in Subsection 35(A) above for the purpose of completing alterations and improvements in the Demised Premises or the Building. As additional rent payable at the same time as the monthly installments of the Annual Basic Rental hereunder, Lessee shall pay to Lessor equal monthly payments sufficient to pay and amortize in full the Amortized Improvement Allowance calculated based upon a term equal to the Lease Term at an interest rate equal to the prime rate plus two percent (2%) per annum as established by Fifth Third Bank.