Initial Funding Period

Initial Funding Period. Means a period commencing on the date of this Agreement and ending upon the earlier of (i) One Hundred Twenty (120) days from the date hereof, or (ii) the date on which Summit makes the Second Loan Advance; provided, however, that in the event the Second Loan Advance is less than One Hundred Twenty-Five Thousand Dollars ($125,000), the Initial Funding Period shall end One Hundred Twenty (120) days from the date hereof.