MEZZANINE 2 GUARANTY AND INDEMNITY AGREEMENTMezzanine 2 Guaranty and Indemnity Agreement • February 28th, 2012 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
THIS MEZZANINE 2 GUARANTY AND INDEMNITY AGREEMENT (this “Guaranty”) is executed as of March 10, 2011, by ASHFORD HOSPITALITY LIMITED PARTNERSHIP, a Delaware limited partnership (“Ashford Guarantor”), and PRISA III REIT OPERATING LP, a Delaware limited partnership (“Prudential Guarantor”; Prudential Guarantor and Ashford Guarantor, whether one or more, collectively, together with their successors and assigns, referred to as “Guarantor”), for the benefit of BRE/HH ACQUISITIONS L.L.C., a Delaware limited liability company and BARCLAYS CAPITAL REAL ESTATE FINANCE INC., a Delaware corporation (each, a “Co-Lender” and, collectively, “Lender”).
