HOTEL MANAGEMENT AGREEMENT Between TRS KCI LOFT, LLC and PRESIDIAN DESTINATIONS, LTD. Dated December 14, 2016Hotel Management Agreement • December 20th, 2016 • Condor Hospitality Trust, Inc. • Real estate investment trusts • Kansas
This HOTEL MANAGEMENT AGREEMENT is made and entered into effective as of December 14, 2016, by and among TRS KCI LOFT, LLC, a Delaware limited liability company (“Lessee”) and Presidian Destinations, Ltd. (“Operator”), with reference to the following facts:
LOAN AGREEMENTLoan Agreement • December 20th, 2016 • Condor Hospitality Trust, Inc. • Real estate investment trusts • Nebraska
THIS LOAN AGREEMENT (as amended, restated, supplemented, extended, or otherwise modified in writing from time to time, this "Agreement"), dated as of December 14, 2016, is entered into by and among CDOR KCI LOFT, LLC, a Delaware limited liability company ("CDOR KCI") and TRS KCI LOFT, LLC, a Delaware limited liability company ("TRS KCI", and together with CDOR KCI, individually a "Borrower" and collectively, the "Borrowers") and GREAT WESTERN BANK ("Bank"). In consideration of the premises herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound, hereby agree as follows:
SPRINGING UNCONDITIONAL GUARANTY OF PAYMENT AND PERFORMANCECondor Hospitality Trust, Inc. • December 20th, 2016 • Real estate investment trusts • Nebraska
This Springing Unconditional Guaranty of Payment and Performance (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the "Springing Guaranty") is entered into as of December 14, 2016 and given by CONDOR HOSPITALITY TRUST, INC., a Maryland corporation ("Guarantor") to and in favor of GREAT WESTERN BANK ("Bank").
LIMITED GUARANTY OF PAYMENT AND PERFORMANCECondor Hospitality Trust, Inc. • December 20th, 2016 • Real estate investment trusts • Nebraska
This Limited Guaranty of Payment and Performance (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the "Limited Guaranty") is entered into as of December 14, 2016 and given by CONDOR HOSPITALITY TRUST, INC., a Maryland corporation ("Guarantor") to and in favor of GREAT WESTERN BANK ("Bank").
