Common use of Repayment; Maturity Clause in Contracts

Repayment; Maturity. The Pool Two Term Loans will be paid as follows, with the monthly principal and interest installments with principal installments calculated on a twenty (20) year amortization schedule: (a). The ▇▇▇▇▇▇▇ Courtyard Pool Two Term Loan will be payable in equal monthly installments of principal and interest in the amount of $60,052.00 plus accrued and unpaid interest commencing on September 1, 2010 and continuing on the first day of each month thereafter until July 1, 2013, when the outstanding principal balance, together with accrued and unpaid interest, will be due and payable in full. (b). The Germantown Courtyard Pool Two Term Loan will be payable in equal monthly installments of principal and interest in the amount of $45,813.00 plus accrued and unpaid interest commencing on September 1, 2010 and continuing on the first day of each month thereafter until July 1, 2013, when the outstanding principal balance, together with accrued and unpaid interest, will be due and payable in full. (c). The Hyatt Place Pool Two Term Loan will be payable in equal monthly installments of principal and interest in the amount of $46,072.00 plus accrued and unpaid interest commencing on September 1, 2010 and continuing on the first day of each month thereafter until February 1, 2014, when the outstanding principal balance, together with accrued and unpaid interest, will be due and payable in full. All payments due on the Pool Two Term Loans under this Agreement and the other Loan Documents shall be made in immediately available funds to the Agent at its office described in the notice provision of this Agreement unless the Agent gives notice to the contrary. Payments so received at or before 1:00 p.m. Omaha, Nebraska time on any Business Day shall be deemed to have been received by the Agent on that Business Day. Payments received after 1:00 p.m. Omaha, Nebraska time on any Business Day shall be deemed to have been received on the next Business Day, and interest, if payable in respect of such payment, shall accrue thereon until such next Business Day. Agent will remit to each Lender its Percentage of all payments of principal and interest on the Pool Two Term Loans received by Agent no later than the next Business Day after the Agent is deemed to have received such payment.

Repayment; Maturity. The Pool Two One Term Loans will be paid as follows, with the monthly principal and interest installments installments, with principal installments calculated on a twenty (20) year amortization schedule: (a). The ▇▇▇▇▇▇▇ Courtyard Hyatt Place Pool Two One Term Loan will be payable in equal monthly installments of principal and interest in the amount of $60,052.00 46,088.45 plus accrued and unpaid interest commencing on September 1, 2010 and continuing on the first day of each month thereafter until July 131, 20132011, when the outstanding principal balance, together with accrued and unpaid interest, will be due and payable in full. (b). The Germantown Courtyard Holiday Inn Express Pool Two One Term Loan will be payable in equal monthly installments of principal and interest in the amount of $45,813.00 43,853.82 plus accrued and unpaid interest commencing on September 1, 2010 and continuing on the first day of each month thereafter until July 131, 20132011, when the outstanding principal balance, together with accrued and unpaid interest, will be due and payable in full. (c). The Hyatt Place Staybridge Suites Pool Two One Term Loan will be payable in equal monthly installments of principal and interest in the amount of $46,072.00 40,241.41 plus accrued and unpaid interest commencing on September 1, 2010 and continuing on the first day of each month thereafter until February 1July 31, 20142011, when the outstanding principal balance, together with accrued and unpaid interest, will be due and payable in full. All payments due on the Pool Two One Term Loans under this Agreement and the other Loan Documents shall be made in immediately available funds to the Agent at its office described in the notice provision of this Agreement unless the Agent gives notice to the contrary. Payments so received at or before 1:00 p.m. Omaha, Nebraska time on any Business Day shall be deemed to have been received by the Agent on that Business Day. Payments received after 1:00 p.m. Omaha, Nebraska time on any Business Day shall be deemed to have been received on the next Business Day, and interest, if payable in respect of such payment, shall accrue thereon until such next Business Day. Agent will remit to each Lender its Percentage of all payments of principal and interest on the Pool Two One Term Loans received by Agent no later than the next Business Day after the Agent is deemed to have received such payment.