Common use of Repair Costs in Excess of $2,000,000 Clause in Contracts

Repair Costs in Excess of $2,000,000. If the cost of Repairs as a result of a casualty exceeds $2,000,000 with respect to such casualty, (A) Tenant shall provide to Landlord and Landlord Lender such reasonable documentation related to such Repairs as Landlord and Landlord Lender may reasonably request to confirm that such Repairs have been made in the manner required by this Lease, (B) if such Repairs have not been completed within ninety (90) days following the date of such casualty, Tenant shall pay to Landlord (or, if requested in writing by Landlord, to a Landlord Lender) the amount by which the total cost of such Repairs exceeds the sum of (i) $2,000,000 and (ii) the cost of the Repairs completed and paid by Tenant or its Affiliates as of such date, which amounts shall be held and disbursed by Landlord (or such Landlord Lender) to Tenant as such Repairs progress, and (C) Landlord (and, if requested in writing by Landlord, Landlord Lenders) will have the right to inspect the Leased Property during normal business hours and after prior reasonable written notice, with Tenant’s representative present and upon the condition that Landlord and, if applicable, Landlord Lenders comply with Tenant’s reasonable rules, including with respect to health, safety and security, (I) to inspect the damage, and (II) to confirm that such Repairs are being or have been made in the manner required by this Lease; provided, that no such inspection shall unreasonably interfere with the normal operation of the Leased Property or the business of Tenant or its Affiliates.

Repair Costs in Excess of $2,000,000. If the cost of Repairs associated with or as a result of a casualty Taking exceeds $2,000,000 with respect to such casualtyTaking, (A) Tenant shall provide to Landlord and Landlord Lender such reasonable documentation related to such Repairs as Landlord and Landlord Lender may reasonably request to confirm that such Repairs have been made in the manner required by this Lease, (B) if such Repairs have not been completed within ninety (90) days following the date of such casualtyTaking, Tenant shall pay to Landlord (or, if requested in writing by Landlord, to a Landlord Lender) the amount by which the total cost of such Repairs exceeds the sum of (i) $2,000,000 and (ii) the cost of the Repairs completed and paid by Tenant or its Affiliates as of such date, which amounts shall be held and disbursed by Landlord (or such Landlord Lender) to Tenant as such Repairs progress, and (C) Landlord (and, if requested in writing by Landlord, Landlord Lenders) will have the right to inspect the Leased Property during normal business hours and after prior reasonable written notice, with Tenant’s representative present and upon the condition that Landlord and, if applicable, Landlord Lenders comply with Tenant’s reasonable rules, including with respect to health, safety and security, (I) to inspect the damage, and (II) to confirm that such Repairs are being or have been made in the manner required by this Lease; provided, that no such inspection shall unreasonably interfere with the normal operation of the Leased Property or the business of Tenant or its Affiliates.

Repair Costs in Excess of $2,000,000. If the cost of Repairs such repairs, restoration or replacement as a result of a casualty exceeds $2,000,000 with respect to such casualty, (A) Tenant Lessee shall provide to Landlord Lessor and Landlord Lessor Lender (or the Agent for such Lessor Lender if requested in writing by Lessor) such reasonable documentation related to such Repairs repairs, restoration or replacement as Landlord Lessor and Landlord Lessor Lender (or the Agent for such Lessor Lender if requested in writing by Lessor) may reasonably request to confirm that such Repairs repairs, restoration or replacements have been made in the manner required by this Lease, (B) if such Repairs repairs, restoration or replacement have not been completed within ninety (90) days following the date of such casualty, Tenant Lessee shall pay to Landlord the Lessor Lender (or, or the Agent for such Lessor Lender if requested in writing by Landlord, to a Landlord LenderLessor) the amount by which the total cost of such Repairs repairs, restoration or replacement exceeds the sum $2,000,000, reduced by repairs, restoration and replacement costs in excess of (i) $2,000,000 and (ii) the cost of the Repairs completed and paid by Tenant or its Affiliates as of such date, which amounts shall be held and disbursed by Landlord (or such Landlord Lender) Lessor Lender to Tenant Lessee as such Repairs repairs, restoration or replacements progress, and (C) Landlord Lessor and Lessor Lender (and, or the Agent for such Lessor Lender if requested in writing by Landlord, Landlord LendersLessor) will have the right to inspect the Leased Property during normal business hours and after prior reasonable written notice, with TenantLessee’s representative present and upon the condition that Landlord and, Lessor and Lessor Lender (or the Agent for such Lessor Lender if applicable, Landlord Lenders requested in writing by Lessor) comply with TenantLessee’s reasonable rulesrules and regulations, including with respect to health, safety and securitysafety, (I) to inspect the damage, and (II) to confirm that such Repairs repairs, restoration or replacements are being or have been made in the manner required by this Lease; provided, provided that no such inspection shall unreasonably interfere with the normal operation of the Leased Property or the business of Tenant Lessee or its Affiliates.

Repair Costs in Excess of $2,000,000. If the cost of Repairs as a result repairs, restoration or replacement of a casualty the Taking exceeds $2,000,000 with respect to such casualtyTaking, (A) Tenant Lessee shall provide to Landlord Lessor and Landlord Lessor Lender (or the Agent for such Lessor Lender if requested in writing by Lessor) such reasonable documentation related to such Repairs repairs, restoration or replacement as Landlord Lessor and Landlord Lessor Lender (or the Agent for such Lessor Lender if requested in writing by Lessor) may reasonably request to confirm that such Repairs repairs, restoration or replacements have been made in the manner required by this Lease, (B) if such Repairs repairs, restoration or replacement have not been completed within ninety (90) days following the date of such casualtyTaking, Tenant Lessee shall pay to Landlord the Lessor Lender (or, or the Agent for such Lessor Lender if requested in writing by Landlord, to a Landlord LenderLessor) the amount by which the total cost of such Repairs repairs, restoration or replacement exceeds the sum $2,000,000, reduced by repairs, restoration and replacement costs in excess of (i) $2,000,000 and (ii) the cost of the Repairs completed and paid by Tenant or its Affiliates as of such date, which amounts shall be held and disbursed by Landlord (or such Landlord Lender) Lessor Lender to Tenant Lessee as such Repairs repairs, restoration or replacements progress, and (C) Landlord Lessor and Lessor Lender (and, or the Agent for such Lessor Lender if requested in writing by Landlord, Landlord LendersLessor) will have the right to inspect the Leased Property during normal business hours and after prior reasonable written notice, with TenantLessee’s representative present and upon the condition that Landlord and, Lessor and Lessor Lender (or the Agent for such Lessor Lender if applicable, Landlord Lenders requested in writing by Lessor) comply with TenantLessee’s reasonable rulesrules and regulations, including with respect to health, safety and securitysafety, (I) to inspect the damage, and (II) to confirm that such Repairs repairs, restoration or replacements are being or have been made in the manner required by this Lease; provided, provided that no such inspection shall unreasonably interfere with the normal operation of the Leased Property or the business of Tenant Lessee or its Affiliates.

Repair Costs in Excess of $2,000,000. If the cost of Repairs associated with or as a result of a casualty Taking exceeds $2,000,000 with respect to such casualtyTaking, (A) Tenant shall provide to Landlord and Landlord Lender such reasonable documentation related to such Repairs as Landlord and Landlord Lender may reasonably request to confirm that such Repairs have been made in the manner required by this Lease, (B) if such Repairs have not been completed within ninety (90) days following the date of such casualtyTaking, Tenant shall pay to Landlord (or, if requested in writing by Landlord, to a Landlord Lender) the amount by which the total cost of such Repairs exceeds the sum of (i) $2,000,000 and (ii) the cost of the Repairs completed and paid by Tenant or its Affiliates as of such date, which amounts shall be held and disbursed by Landlord (or such Landlord Lender) to Tenant as such Repairs progress, and (C) Landlord (and, if requested in writing by Landlord, Landlord Lenders) will have the right to inspect the Leased Property during normal business hours and after prior reasonable written notice, with Tenant’s representative present and upon the condition that Landlord and, if applicable, Landlord Lenders comply with Tenant’s reasonable rules, including with respect to health, safety and security, (I) to inspect the damage, and (II) to confirm that such Repairs are being or have been made in the manner required by this Lease; providedprovided , that no such inspection shall unreasonably interfere with the normal operation of the Leased Property or the business of Tenant or its Affiliates.

Repair Costs in Excess of $2,000,000. If the cost of Repairs as a result of a casualty exceeds $2,000,000 with respect to such casualty, (A) Tenant shall provide to Landlord and Landlord Lender such reasonable documentation related to such Repairs as Landlord and Landlord Lender may reasonably request to confirm that such Repairs have been made in the manner required by this Lease, (B) if such Repairs have not been completed within ninety (90) days following the date of such casualty, Tenant shall pay to Landlord (or, if requested in writing by Landlord, to a Landlord Lender) the amount by which the total cost of such Repairs exceeds the sum of (i) $2,000,000 and (ii) the cost of the Repairs completed and paid by Tenant or its Affiliates as of such date, which amounts shall be held and disbursed by Landlord (or such Landlord Lender) to Tenant as such Repairs progress, and (C) Landlord (and, if requested in writing by Landlord, Landlord Lenders) will have the right to inspect the Leased Property during normal business hours and after prior reasonable written notice, with Tenant’s representative present and upon the condition that Landlord and, if applicable, Landlord Lenders comply with Tenant’s reasonable rules, including with respect to health, safety and security, (I) to inspect the damage, and (II) to confirm that such Repairs are being or have been made in the manner required by this Lease; providedprovided , that no such inspection shall unreasonably interfere with the normal operation of the Leased Property or the business of Tenant or its Affiliates.