ContractSupertel Hospitality Inc • March 31st, 2010 • Real estate investment trusts
Reference is made to the Loan Agreements relating to the Loans described on Exhibit A hereto by Borrower and Lender (the “Original Loan Agreements”) as amended by the Global Amendment and Consent dated as of March 16, 2009 (the “Global Amendment” and, together with the Original Loan Agreements, the “Loan Agreement”). The loans made pursuant to the Original Loan Agreements are collectively referred to as the “Loan.” The Loan Agreement (as modified by this Letter Agreement), together with all other promissory notes, documents, agreements and instruments currently evidencing or securing the Loan are referred to collectively as the “Loan Documents.” Borrower has requested a limited waiver of the following financial covenant (the “Designated Financial Covenant”) set forth in Section 6(j) of the Original Loan Agreements as amended by the Global Amendment:
HOTEL MANAGEMENT AGREEMENT Between TRS LEASING, INC., TRS SUBSIDIARY, LLC and ROYAL HOST MANAGEMENT, INC. Dated August 1, 2004Hotel Management Agreement • March 31st, 2010 • Supertel Hospitality Inc • Real estate investment trusts • Nebraska
This HOTEL MANAGEMENT AGREEMENT is made and entered into effective as of August 1, 2004, by and among TRS Leasing, Inc., a Virginia corporation (“TRS”), TRS Subsidiary, LLC, a Delaware limited liability company (“TRS Sub” and, together with TRS, collectively, “Lessee”) and Royal Host Management, Inc., a Delaware corporation (“Operator”), with reference to the following facts:
