Amount of the Advances Clause Samples

Amount of the Advances. No Construction Advance shall exceed the lesser of: a) the Maximum Construction Allowance, less the then Outstanding Construction Allowance (computed after adding any Carrying Costs accrued for the month ending on the Advance Date upon which such Construction Advance is to be made); or (1) the actual costs and expenses previously incurred or paid by Tenant (other than expenses already included in Closing Costs) for the preparation, negotiation and execution of this Lease, for Construction Projects (including "soft costs") or for Commitment Fees, less (2) the sum of all prior Construction Advances made under this Paragraph 7 to Tenant as reimbursement for such costs and expenses.