TI Account; TI Deposit Agreement. Notwithstanding anything in this Work Letter to the contrary, if ​’s construction lender requires that ​ deposit ​’s Contribution into a separate account with ​’s construction lender (the “TI

Account”), then ​ and ​ shall enter into an agreement with ​’s lender, in a form acceptable to each of ​ and ​ in its reasonable discretion, requiring the deposit of the ​’s Contribution into the TI Account and governing the disbursements of such deposited funds (such agreement, the “TI Deposit Agreement”). ​ shall use commercially reasonable efforts to deliver a draft TI Deposit Agreement as soon as practical after identifying a construction lender. If ​, ​ and ​’s lender cannot agree on a form of TI Deposit Agreement, provided that ​ has acted reasonably, ​ shall not be obligated to enter into the TI Deposit Agreement or deposit ​’s Contribution in a TI Account. Provided that the parties agree on a form of TI Deposit Agreement, then promptly following the establishment of the TI Account and the parties’ execution of the TI Deposit Agreement, ​ shall deposit in the TI Account an amount equal to the then-current estimate of the amount of the ​’s Contribution (such amount deposited along with any additional funds deposited in the TI Account, the “​’s Contribution Deposit”). In the event of any Changes in the ​ Improvements or any increases in ​ Improvement Costs resulting from ​ Delays, ​ shall deposit into the TI Account such increased costs. The ​’s Contribution Deposit shall be disbursed according to the procedures set forth in the TI Deposit Agreement. Notwithstanding the foregoing, at ​’s election but subject to ​, ​, and ​’s construction lender reaching agreement on the applicable terms, ​ may elect to provide a letter of credit for the ​’s Contribution instead of establishing the TI Account and entering into the TI Deposit Agreement and, if ​ makes such election, the terms of such letter of credit shall be determined by ​, ​, and ​’s construction lender.