CONDITIONAL PAYMENT GUARANTYConditional Payment Guaranty • February 14th, 2006 • Hersha Hospitality Trust • Real estate investment trusts • Illinois
THIS CONDITIONAL PAYMENT GUARANTY ("Guaranty") made as of February 8, 2006, by HERSHA HOSPITALITY LIMITED PARTNERSHIP, a Virginia limited partnership and MYSTIC HOTEL INVESTORS, LLC, a Delaware limited liability company (collectively, "Guarantors"), to and for the benefit of MERRILL LYNCH CAPITAL, a Division of Merrill Lynch Business Financial Services Inc., a Delaware corporation, its successors and assigns ("Lender").
FIRST AMENDMENT TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF MYSTIC PARTNERS LEASECO, LLCLimited Liability Company Operating Agreement • February 14th, 2006 • Hersha Hospitality Trust • Real estate investment trusts • New York
This First Amendment to Limited Liability Company Operating Agreement (this “Amendment”) of MYSTIC PARTNERS LEASECO, LLC (the “Company”), is dated as of February 8, 2006 and entered into by and among the following:
SIXTH AMENDMENT TO MEMBERSHIP INTERESTS CONTRIBUTION AGREEMENTMembership Interests Contribution Agreement • February 14th, 2006 • Hersha Hospitality Trust • Real estate investment trusts • New York
This Sixth Amendment to Membership Interests Contribution Agreement dated as of February 8, 2006 (this “Sixth Amendment”), by and among Mystic Hotel Investors, LLC, a Delaware limited liability company (“Mystic”), Waterford Hospitality Group, LLC, a Delaware limited liability company (“Waterford” and together with Mystic, the “Contributor”), Hersha Hospitality Limited Partnership, a Virginia limited partnership (“Investor”), and First American Title Insurance Company, as Escrow Agent.
SECOND AMENDMENT TO LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF MYSTIC PARTNERS, LLCLimited Liability Company Operating Agreement • February 14th, 2006 • Hersha Hospitality Trust • Real estate investment trusts • New York
This Second Amendment to Limited Liability Company Operating Agreement (this "Amendment") of MYSTIC PARTNERS, LLC (the "Company"), is dated as of February __, 2006 and entered into by and among the following:
SUPPLEMENTAL LIMITED JOINDERHersha Hospitality Trust • February 14th, 2006 • Real estate investment trusts
In order to induce Lender to make the Loan, the undersigned Net Worth Guarantor(s) have agreed to enter into this Supplemental Limited Joinder in connection with that certain Loan Agreement (the "Loan Agreement") dated February 8, 2006, between ADRIAEN'S LANDING HOTEL, LLC, a Connecticut limited liability company ("Borrower"), and MERRILL LYNCH CAPITAL, a Division of Merrill Lynch Business Financial Services Inc., a Delaware corporation (collectively, with its successors and assigns, "Lender"). (All capitalized terms not otherwise defined herein shall have the meanings set forth in the Loan Agreement.) Each Principal acknowledges that without this Supplemental Limited Joinder, Lender would be unwilling to make the Loan. NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned hereby agree and covenant as follows:
