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Commencing on the Base Rent Commencement Date (which is the date one (1) month following the Amortization Commencement Date) and continuing on the first day of each of the two hundred fifteen (215) immediately succeeding calendar months, Tenant shall make equal monthly payments of principal and accrued interest in the amount necessary to fully amortize the Accrued Principal Balance in equal monthly installments over such period of two hundred sixteen (216) months from the Amortization Commencement Date. Payments of Base Rent under this Lease shall be credited against Tenant's obligation to pay monthly installments of principal and interest due from Tenant under Tenant's Note. Until Tenant's Note, and all obligations of Tenant thereunder, have been paid and discharged in full, no termination of this Lease, whether by reason of an Event of Default, damage and destruction, condemnation or otherwise, shall in any way reduce, release or otherwise affect Tenant's obligations under Tenant's Note, including, without limitation, the obligation to pay all principal and interest due thereunder, and all such obligations under Tenant's Note shall remain in full force and effect notwithstanding the termination of this Lease, it being agreed and acknowledged by the parties that, until Tenant's Note is paid in full, Tenant's payments of Base Rent under this Lease in fact constitute payments under Tenant's Note and shall not be subject to termination, abatement, reduction or mitigation or other modification under or by reason of the existence of this Lease. B. Base Rent Following Repayment of Tenant's Note. Following Tenant's repayment of Tenant's Note in full, Tenant shall have no further obligation to pay Base Rent LEASE BETWEEN CITY OF SAN LEANDRO AND SAN FRANCISCO BAY CONFERENCE RESORT PAGE 14 2574001\313983.8