PURCHASE CONTRACT between LAKE UNION HOTEL ASSOCIATES LIMITED PARTNERSHIP (“SELLER”) AND APPLE SEVEN HOSPITALITY OWNERSHIP, INC. (“BUYER”) Dated: June 27, 2006Purchase Contract • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
HOTEL LEASE AGREEMENT DATED APRIL 26, 2006 BETWEEN APPLE SEVEN HOSPITALITY TEXAS, L.P., A VIRGINIA LIMITED PARTNERSHIP, AS LESSOR AND APPLE SEVEN SERVICES, L.P., A VIRGINIA LIMITED PARTNERSHIP AS LESSEEHotel Lease Agreement • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
THIS HOTEL LEASE AGREEMENT (hereinafter called “Lease”), is dated the 26th of April, 2006, by and between Apple Seven Hospitality Texas, L.P., a Virginia limited partnership (hereinafter called “Lessor”), and Apple Seven Services, L.P., a Virginia limited partnership (hereinafter called “Lessee”), provides as follows:
MANAGEMENT AGREEMENT by and between TEXAS WESTERN MANAGEMENT PARTNERS, L.P. as “MANAGER” and APPLE SEVEN SERVICES, L.P. as “OWNER” Dated as of April 26, 2006Management Agreement • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts • Virginia
THIS MANAGEMENT AGREEMENT (“Agreement”) is executed as of the 26 day of April, 2006 (“Effective Date”), by APPLE SEVEN SERVICES, L.P., a Virginia limited partnership (“Owner”), with a mailing address at c/o Apple REIT Companies, 814 East Main Street, Richmond, Virginia 23219, Attention: Krissy Gathright, and [TEXAS WESTERN MANAGEMENT PARTNERS, L.P., a Texas limited partnership] (“Manager”), with a mailing address at c/o Western International, 13647 Montfort Drive, Dallas, Texas 75240.
PURCHASE CONTRACT between NAPSTAK II, LLC (“SELLER”) AND APPLE SEVEN HOSPITALITY OWNERSHIP, INC. (“BUYER”) AND NAPSTAK, LLC (“INDEMNITOR”) Dated: June 27, 2006Escrow Agreement • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
PURCHASE CONTRACT between IRNM HOTEL INVESTORS L.L.C. (“SELLER”) AND APPLE SEVEN HOSPITALITY OWNERSHIP, INC. (“BUYER”) AND NORMAN HOTEL VENTURE I (“FEE TITLE OWNER”) Dated: June 29, 2006Purchase Contract • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
91,125,541 Units (Common Shares and Series A Preferred Shares) APPLE REIT SEVEN, INC. Agency Agreement March 3, 2006Dealer Agreement • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts • Virginia
Apple REIT Seven, Inc., a Virginia corporation (the “Company”), is a corporation that will elect to qualify as a real estate investment trust pursuant to Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). Subject to the terms and conditions stated herein, the Company proposes to engage David Lerner Associates, Inc. as its managing dealer (the “Agent”) to solicit offers to buy and obtain purchasers for Units, as offered by the Prospectus which is part of the Form S-11 Registration Statement under the Securities Act of 1933 (File No. 333-125546) as filed with the Securities and Exchange Commission. Each Unit refers to one share of common stock, no par value, and one Series A preferred share of the Company registered pursuant to the Registration Statement referred to in the preceding sentence. This will confirm our agreement respecting your engagement as the exclusive agent to solicit offers to buy and obtain purchasers for the Units on a “best efforts
COURTYARD BY MARRIOTT RELICENSING FRANCHISE AGREEMENT between MARRIOTT INTERNATIONAL, INC. Franchisor and APPLE SEVEN SERVICES, L.P. Franchisee Location: 3955 North Expressway, Brownsville, TX 78520 Dated as of: June 19, 2006Franchise Agreement • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts • Maryland
THIS COURTYARD BY MARRIOTT RELICENSING FRANCHISE AGREEMENT (this “Agreement”) is made and entered into effective as of the 19th day of June. 2006 (“Effective Date”), between Marriott International. Inc., a Delaware corporation (“Franchisor”), and Apple Seven Services. L.P., a Virginia limited partnership (“Franchisee”).
PURCHASE CONTRACT between MONTGOMERY HOTELS, LLC, MONTGOMERY HOTELS II, LLC, TROY HOTELS, LLC, AUBURN HOTELS, L.L.C., HUNTSVILLE HOTELS I, LLC AND HOPO/TUPELO HOTELS, LLC (“SELLER”) AND APPLE SEVEN HOSPITALITY OWNERSHIP, INC. (“BUYER”) AND PHD HOTELS,...Purchase Contract • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
ASSIGNMENT OF CONTRACTAssignment of Contract • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
THIS ASSIGNMENT (the “Assignment”) is made effective as of this 27th day of April, 2006, by and between APPLE SIX HOSPITALITY OWNERSHIP, INC., a Virginia corporation (the “Assignor”), and APPLE SEVEN HOSPITALITY OWNERSHIP, INC., a Virginia corporation (the “Assignee”).
ASSIGNMENT OF CONTRACTAssignment of Contract • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
THIS ASSIGNMENT (the “Assignment”) is made effective as of this 6th day of June, 2006, by and between APPLE SIX HOSPITALITY TEXAS, L.P., a Virginia limited partnership (the “Assignor”), and APPLE SEVEN HOSPITALITY TEXAS, L.P., a Virginia limited partnership (the “Assignee”).
PURCHASE CONTRACT between BRIGGS RENEWAL LIMITED PARTNERSHIP (“SELLER”) AND APPLE SEVEN HOSPITALITY OWNERSHIP, INC. (“BUYER”) Dated: April 27, 2006Escrow Agreement • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts • Nebraska
This PURCHASE CONTRACT (this “Contract”) is made and entered into as of April 27, 2006, by and between BRIGGS RENEWAL LIMITED PARTNERSHIP, a Delaware limited partnership (“Seller”) with a principal office at 909 Poydras Street, Suite 3100, New Orleans, Louisiana 70112 and APPLE SEVEN HOSPITALITY OWNERSHIP, INC., a Virginia corporation, with its principal office at 814 East Main Street, Richmond, Virginia 23219, or its affiliates or assigns.
PURCHASE CONTRACT between MIDWAY ELDRIDGE HOTEL PARTNERS, L.P. (“SELLER”) AND APPLE SIX HOSPITALITY, INC. (“BUYER”) Dated: September 29, 2004Purchase Contract • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
This PURCHASE CONTRACT (this “Contract”) is made and entered into as of September 29, 2004, by and between MIDWAY ELDRIDGE HOTEL PARTNERS, L.P., a Texas limited partnership (“Seller”), with its principal office at 34 S. Wynden Drive, Third Floor, Houston, Texas 77056, and APPLE SIX HOSPITALITY, INC., a Virginia corporation (“Buyer”), with its principal office at 10 South Third Street, Richmond, Virginia 23219, or its assigns.
ASSIGNMENT OF CONTRACTAssignment of Contract • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts
THIS ASSIGNMENT (the “Assignment”) is made effective as of this 25th day of April, 2006, by and between APPLE SIX HOSPITALITY, INC., a Virginia corporation (the “Assignor”), and APPLE SEVEN HOSPITALITY TEXAS, L.P., a Virginia limited partnership (collectively, the “Assignee”).
MANAGEMENT AGREEMENT by and between TEXAS WESTERN MANAGEMENT PARTNERS, L.P. as “MANAGER” and APPLE SEVEN SERVICES, L.P. as “OWNER” Dated as of June 6, 2006Management Agreement • July 26th, 2006 • Apple REIT Seven, Inc. • Real estate investment trusts • Virginia
THIS MANAGEMENT AGREEMENT (“Agreement”) is executed as of the 6th day of June, 2006 (“Effective Date”), by APPLE SEVEN SERVICES, L.P., a Virginia limited partnership (“Owner”), with a mailing address at c/o Apple REIT Companies, 814 East Main Street, Richmond, Virginia 23219, Attention: Krissy Gathright, and TEXAS WESTERN MANAGEMENT PARTNERS, L.P., a Texas limited partnership (“Manager”), with a mailing address at c/o Western International, 13647 Montfort Drive, Dallas, Texas 75240.
