Common use of Amendment to Part 1 Commitment Amount Payment Obligations Clause in Contracts

Amendment to Part 1 Commitment Amount Payment Obligations. Notwithstanding anything in the Loan Agreement to the contrary, effective as of the date in which Borrower satisfies all Conditions To Effectiveness herein (“Effective Date”): • At all times from and after February 24, 2017, amounts outstanding under the Part 1 Notes shall be repaid according to the revised amortization schedules (each an Amortization Schedule, collectively, the “Revised Amortization Schedules”) affixed to the Second Amended and Restated Promissory Notes which are attached hereto as Exhibit 1, (“AR Note #1”), Exhibit 2, (“AR Note #2”), and Exhibit 3, (“AR Note #3” and together with AR Note # 1 and AR Note #2, the “Second Amended and Restated Notes”), which Second Amended and Restated Notes shall amend and restate the Part 1 Notes. The Revised Amortization Schedules set forth monthly payments of interest only through August 31, 2018, and a payment of all outstanding principal and accrued and unpaid interest remaining on the Revised Maturity Date (as defined below). • The Maturity Date under the Second Amended and Restated Notes shall be August 31, 2018 (the “Revised Maturity Date”). • On the Revised Maturity Date of the Second Amended and Restated Notes, in addition to the regularly scheduled payments of principal and interest, the Initial End of Term Payments and the Additional End of Term Payments (set forth in each of the Second Amended and Restated Notes), Borrower shall pay to Lender an additional end of term payment for each of the Part 1 Notes as follows, as further set forth in the Second Amended and Restated Notes (the “Second Additional End of Term Payments”): • AR Note #1: $600,000; • AR Note #2: $600,000; and • AR Note #3: $900,000