SECOND LOAN MODIFICATION AGREEMENTSecond Loan Modification Agreement • August 15th, 2011 • Summit Hotel Properties, Inc. • Real estate investment trusts • Arizona
This SECOND LOAN MODIFICATION AGREEMENT (the “Modification”) is entered into as of August 12, 2011, by and between the lender(s) (“Lender”) listed on Exhibit A (the “Loan Schedule”) and the borrower, and pledgor listed on the Loan Schedule. References in this Modification to “Lender”, “Borrower”, and “Pledgor” shall be construed to mean and refer to each Lender, each Borrower, each Pledgor respectively, listed on the Loan Schedule.
FIRST LETTER AMENDMENTFirst Letter Amendment • August 15th, 2011 • Summit Hotel Properties, Inc. • Real estate investment trusts • New York
Reference is made to the Credit Agreement dated as of April 29, 2011 by and among Summit Hotel OP, LP (the “Borrower”), Summit Hotel Properties, Inc., as parent guarantor, the other guarantors named therein, Deutsche Bank AG New York Branch, as administrative agent (the “Administrative Agent”), the financial institutions identified therein as lender parties (the “Lender Parties”), RBC Capital Markets and Keybank National Association, as syndication agents, Regions Bank, as documentation agent, and Deutsche Bank Securities Inc., as sole lead arranger and book-running manager (the “Credit Agreement”). Capitalized terms not otherwise defined herein shall have their respective meanings set forth in the Credit Agreement.
FIRST AMENDMENT TO AMENDED AND RESTATED HOTEL MANAGEMENT AGREEMENTHotel Management Agreement • August 15th, 2011 • Summit Hotel Properties, Inc. • Real estate investment trusts • Maryland
THIS FIRST AMENDMENT TO AMENDED AND RESTATED HOTEL MANAGEMENT AGREEMENT (this “Amendment”) is made and entered into as of June 30, 2011(the “Effective Date”), by and between the lessee entities which are signatories to this Amendment (“Owner”), and INTERSTATE MANAGEMENT COMPANY, LLC, a Delaware limited liability company (“Operator”).
