Common use of Scheduled Return of Lessor Advance Clause in Contracts

Scheduled Return of Lessor Advance. The outstanding amount of the Lessor Advance shall be due in full on the Expiration Date. On the Expiration Date, subject to the terms of this Agreement and subject to the rights of the Lessee in connection with its election of the Sale Option in accordance with the Operative Agreements (including without limitation relating to the Maximum Residual Guarantee Amount), the Lessor (or the Agent on behalf of the Lessor) shall receive from the Lessee as Basic Rent under the Lease the outstanding amount of the Lessor Advance then due, together with all accrued but unpaid Lessor Yield and all other amounts due to Lessor under the Operative Agreements.