Common use of of the Commitment Clause in Contracts

of the Commitment. 2. Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven percent (7.0%) per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period. However, one hundred and eighty days (180) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.5% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

of the Commitment. 2. Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven Eight and one-half percent (7.08.5%) per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period. However, one hundred and eighty fifty days (180150) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.59.75% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

of the Commitment. 2. Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven percent (7.0%) per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period. However, one hundred and eighty days (180) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.510.75% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

of the Commitment. 2. Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven Eight and one-half percent (7.08.5%) per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period. However, one hundred and eighty twenty days (180120) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.510.25% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

of the Commitment. 2. Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven ten percent (7.010.0%) per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period. However, one hundred and eighty days (180) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.5% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

of the Commitment. 2. Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven eight and one-half percent (7.08.5%) per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period. However, one hundred and eighty twenty days (180120) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.510.25% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

of the Commitment. 2. Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven Nine percent (7.09%) per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period. However, one hundred and eighty days (180) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.510.75% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.

of the Commitment. 2. Disbursed proceeds of the Development Financing shall accrue interest at a rate of seven percent (7.0%) 8.75% per annum, which interest shall accrue unpaid unless advanced by Lessor to itself, or Lessee shall default hereunder, which default shall remain uncured after the expiration of any applicable notice and cure period. However, one hundred and eighty twenty days (180120) from the date hereof, (the "Rental Modification Date"), Lessee shall begin making monthly payments of subsequently accruing interest at the rate of 10.59.875% per annum out of pocket ("Out of Pocket Invoiced Interest") within 5 days after invoice from Lessor.