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Terms used in this Lease and not defined in this Article I shall have the meanings <br />ascribed to them elsewhere in this Lease. <br />Section 1.1 Applicable Laws <br />All federal, state, regional and local statutes, ordinances, codes, rules, regulations, <br />conditions of approval, and all legislative, administrative, or judicial orders, decrees, <br />requirements, rulings, or judgments, which now or in the future may govern or affect the <br />Premises or any actions under this Lease. <br />Section 1.2 Base Rent <br />The rent due from Tenant pursuant to Section 3.1. <br />Section 1.3 Base Rent Commencement Date <br />The first day of the twenty-fifth (25th) calendar month following the date of the first <br />disbursement of construction loan funds to be provided by Landlord pursuant to the <br />Development Agreement (whether by disbursement to Tenant or to Tenant's Leasehold <br />Mortgagee (as defined in Section 24.1)). <br />Section 1.4 Collateral Improvements <br />Those improvements which are to be constructed by Landlord, or parties other than <br />Tenant, in areas on or off the Premises and which enable the Premises to be used in <br />accordance with the Standard of Operation. The Collateral Improvements are identified in <br />the Development Agreement. <br />LEASE BETWEEN CITY OF SAN LEANDRO <br />AND SAN FRANCISCO BAY CONFERENCE RESORT PAGE 2 <br />2574001\313983.8 <br />