LOAN AGREEMENT Dated as of December 30, 2013 Between MOODY NATIONAL AUSTIN-GOVR HOLDING, LLC, as Borrower and LADDER CAPITAL FINANCE LLC, as LenderLoan Agreement • March 19th, 2014 • Moody National REIT I, Inc. • Real estate investment trusts • New York
THIS LOAN AGREEMENT, dated as of December 30, 2013 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between LADDER CAPITAL FINANCE LLC, a Delaware limited liability company, having an address at 345 Park Avenue, 8th Floor, New York, New York 10154 (together with its successors and assigns, collectively, “Lender”), MOODY NATIONAL AUSTIN-GOVR HOLDING, LLC, a Delaware limited liability company, having an address at c/o Moody National REIT I, Inc., 6363 Woodway, Suite 110, Houston, Texas 77057 (together with its permitted successors and assigns, “Borrower”.
ENVIRONMENTAL INDEMNITY AGREEMENTEnvironmental Indemnity Agreement • March 19th, 2014 • Moody National REIT I, Inc. • Real estate investment trusts • New York
ENVIRONMENTAL INDEMNITY AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) made as of the 30th day of December, 2013 by Moody National Austin-GOVR Holding, LLC, a Delaware limited liability company, having its principal place of business at c/o Moody National REIT I, Inc., 6363 Woodway, Suite 110, Houston, Texas 77057, (together with its permitted successors and assigns, collectively, “Borrower”), BRETT C. MOODY, a natural person, having an address at 5 Derham Parc, Houston, TX 77024 (the “Principal”; Principal together with Borrower and each of their permitted successors and assigns, collectively, “Indemnitor”), in favor of LADDER CAPITAL FINANCE LLC, a Delaware limited liability company, having an address at 345 Park Avenue, 8th Floor, New York, New York 10154 (together with its successors and assigns, collectively, “Indemnitee”) and other Indemnified Parties (defined below).
Moody National Advisor I, LLCMoody National REIT I, Inc. • March 19th, 2014 • Real estate investment trusts • Maryland
Moody National Advisor I, LLC (the “Advisor”), Moody National Operating Partnership I, L.P. (the “Operating Partnership”), Moody Realty Company, L.P. and Moody National REIT I, Inc. (the “REIT”) are parties to that certain Amended and Restated Advisory Agreement, dated as of August 14, 2009 (as subsequently amended, the “Advisory Agreement”). Capitalized terms used herein that are not otherwise defined have the respective meanings given to them in the Advisory Agreement.
FRANCHISE AGREEMENT HAMPTON INN AUSTIN/AIRPORT AREA SOUTH (AUSTIN, TEXAS)Franchise Agreement This Franchise Agreement • March 19th, 2014 • Moody National REIT I, Inc. • Real estate investment trusts • New York
must have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for "under construction" set out in the Addendum. "Construction Work" means all necessary action for the development, construction, renovation, furnishing, equipping, acquisition of supplies and implementation of the Plans and Designs for the Hotel. "Construction Work Completion Date" means the date set out in the Addendum, if applicable, by which you must complete construction of the Hotel. "Control" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of an entity, or of the power to veto major policy decisions of an entity, whether through the ownership of voting securities, by contract, or otherwise. "Controlling Affiliate' means an Affiliate that directly or indirectly Controls the Hotel and/or Controls the entity that Controls the Hotel. "Designs" means your plans, layouts, specifications, drawings and d
