Common use of Advance Date Clause in Contracts

Advance Date. Advance Date" means, regardless of whether any Construction Advance shall actually be made thereon, the first Business Day of every calendar month, beginning with August 1, 1997 and continuing regularly thereafter to and including the Carrying Costs Accrual Termination Date; provided, that if the Carrying Costs Accrual Termination Date occurs before the Last Advance Date (as defined below), then after the Carrying Costs Accrual Termination Date each Base Rent Date upon which commences a new Base Rent Period (and only such Base Rent Dates) through and including the Last Advance Date shall also constitute an "Advance Date" hereunder. In any event, no Advance Date shall occur after the Last Advance Date.

Advance Date. Advance Date" means, regardless of whether any Construction Advance shall actually be made thereon, the first Business Day of every calendar month, beginning with August 1September 2, 1997 and continuing regularly thereafter to and including the Carrying Costs Accrual Termination Date; provided, that if the Carrying Costs Accrual Termination Date occurs before the Last Advance Date (as defined below), then after the Carrying Costs Accrual Termination Date each Base Rent Date upon which commences a new Base Rent Period (and only such Base Rent Dates) through and including the Last Advance Date shall also constitute an "Advance Date" hereunder. In any event, no Advance Date shall occur after the Last Advance Date.