Common use of Renaissance Nashville Clause in Contracts

Renaissance Nashville. First Amended and Restated Agreement of Lease dated December 18, 1989, as amended by that certain First Amendment to First Amended and Restated Agreement of Lease dated September 18, 1990, as assigned by that certain Assumption of Leasehold Interest Agreement dated December 10, 1990, as further assigned by that certain Assignment and Assumption of Lease effective as of October 24, 2003, as further assigned by that certain Assignment and Assumption of Leasehold Interest Agreement dated February 24, 2006, as affected by that certain Estoppel Certificate, dated July 12, 2007, and as further affected by that certain Estoppel Certificate, dated February 23, 2011. [TO BE UPDATED BASED UPON ANY ESTOPPELS NOT RECEIVED PRIOR TO CLOSING] Princeton Nashville Nashville – Borrower not obligated to restore after casualty or taking if (i) cost of restoration exceeds insurance proceeds by $5,000,000 or more, or (ii) mortgagee uses insurance proceeds to payment of indebtedness secured by mortgage, or (iii) damage occurs within 36 months of end of term or any extension of term.

Renaissance Nashville. First Amended and Restated Agreement of Lease dated December 18, 1989, as amended by that certain First Amendment to First Amended and Restated Agreement of Lease dated September 18, 1990, as assigned by that certain Assumption of Leasehold Interest Agreement dated December 10, 1990, as further assigned by that certain Assignment and Assumption of Lease effective as of October 24, 2003, as further assigned by that certain Assignment and Assumption of Leasehold Interest Agreement dated February 24, 2006, as affected by that certain Estoppel Certificate, dated July 12, 2007, and as further affected by that certain Estoppel Certificate, dated February 23, 2011. [TO BE UPDATED BASED UPON ANY ESTOPPELS NOT RECEIVED PRIOR TO CLOSING] Princeton Nashville Nashville – Borrower not obligated to restore after casualty or taking if (i) cost of restoration exceeds insurance proceeds by $5,000,000 or more, or (ii) mortgagee uses insurance proceeds to payment of indebtedness secured by mortgage, or (iii) damage occurs within 36 months of end of term or any extension of term.