HOTEL LEASE AGREEMENT EFFECTIVE December 18, 2015 BETWEEN Moody National International-Fort Worth Holding, LLC, a Delaware limited liability company AS LESSOR AND Moody National International-Fort Worth MT, LLC, a Delaware limited liability company AS...Hotel Lease Agreement • March 30th, 2016 • Moody National REIT I, Inc. • Real estate investment trusts
THIS HOTEL LEASE AGREEMENT (hereinafter called “Lease”), effective as of the 18th day of December, 2015, by and between Moody National International-Fort Worth Holding, LLC, a Delaware limited liability company (hereinafter called “Lessor”), and Moody National International Fort-Worth MT, LLC, a Delaware limited liability company (hereinafter called “Lessee”), provides as follows:
HOTEL MANAGEMENT AGREEMENT TownePlace Suites – Fort Worth, Texas between MOODY NATIONAL INTERNATIONAL-FORT WORTH MT, LLC and MOODY NATIONAL HOSPITALITY MANAGEMENT, LLC EFFECTIVE DATE: December 18, 2015 HOTEL MANAGEMENT AGREEMENTHotel Management Agreement • March 30th, 2016 • Moody National REIT I, Inc. • Real estate investment trusts • Texas
This Hotel Management Agreement (“Agreement”) is made as of December 18, 2015 by and between MOODY NATIONAL International-Fort Worth MT, LLC, a Delaware limited liability company, whose principal place of business is 6363 Woodway, Suite 110, Houston, Texas 77057 (“Owner”), and MOODY NATIONAL HOSPITALITY MANAGEMENT, LLC, a Texas limited liability company, whose principal place of business is 6363 Woodway, Suite 110, Houston, Texas 77057 (“Manager”).
GUARANTYMoody National REIT I, Inc. • March 30th, 2016 • Real estate investment trusts
This GUARANTY (“Guaranty”) is executed as of ______________ __, 2015, by MOODY NATIONAL REIT I, INC., a Maryland corporation (“Guarantor”), for the benefit of U.S. BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS TRUSTEE, SUCCESSOR-IN-INTEREST TO BANK OF AMERICA, N.A., IN ITS CAPACITY AS TRUSTEE, SUCCESSOR-IN-INTEREST TO WELLS FARGO BANK, N.A,, IN ITS CAPACITY AS TRUSTEE FOR THE REGISTERED HOLDERS OF COBALT CMBS COMMERCIAL MORTGAGE TRUST 2007-C3, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-C3, its successors or assigns (“Lender”).
TOWNEPLACE SUITES BY MARRIOTT RELICENSING FRANCHISE AGREEMENTLicense Agreement • March 30th, 2016 • Moody National REIT I, Inc. • Real estate investment trusts • Maryland
NOW, THEREFORE, in consideration of the promises in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are acknowledged, Franchisor and Franchisee agree as follows:
ENVIRONMENTAL LIABILITIES AGREEMENTEnvironmental Liabilities Agreement • March 30th, 2016 • Moody National REIT I, Inc. • Real estate investment trusts
THIS ENVIRONMENTAL LIABILITIES AGREEMENT (this “Agreement”) is made as of _______________ __, 2015 by MOODY NATIONAL INTERNATIONAL-FORT WORTH HOLDING, LLC, a Delaware limited liability company (“Borrower”), and Moody National REIT I, Inc., a Maryland corporation (“Principal”; Borrower and Principal are hereinafter sometimes referred to collectively as “Indemnitor”) to and for the benefit of U.S. BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS TRUSTEE, SUCCESSOR-IN-INTEREST TO BANK OF AMERICA, N.A., IN ITS CAPACITY AS TRUSTEE, SUCCESSOR-IN-INTEREST TO WELLS FARGO BANK, N.A,, IN ITS CAPACITY AS TRUSTEE FOR THE REGISTERED HOLDERS OF COBALT CMBS COMMERCIAL MORTGAGE TRUST 2007-C3, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-C3, together with its successors, transferees and assigns (“Lender”).
MN FORT WORTH VENTURE, LLC LIMITED LIABILITY COMPANY OPERATING AGREEMENT MN FORT WORTH VENTURE, LLC LIMITED LIABILITY COMPANY OPERATING AGREEMENTLimited Liability Company Operating Agreement • March 30th, 2016 • Moody National REIT I, Inc. • Real estate investment trusts • Delaware
THIS LIMITED LIABILITY COMPANY OPERATING AGREEMENT (the “Agreement”) of MN Fort Worth Venture, LLC, a Delaware limited liability company (the “Company”), effective the ____ day of December, 2015, is made and entered into by the Members of the Company. Capitalized terms used herein but not otherwise defined shall have the meaning given to such term in Section 7.1 hereof.
ASSUMPTION AGREEMENTAssumption Agreement • March 30th, 2016 • Moody National REIT I, Inc. • Real estate investment trusts
This Assumption Agreement (the “Agreement”) is made this 18th day of December, 2015, by U.S. BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS TRUSTEE, SUCCESSOR-IN-INTEREST TO BANK OF AMERICA, N.A., IN ITS CAPACITY AS TRUSTEE, SUCCESSOR-IN-INTEREST TO WELLS FARGO BANK, N.A, IN ITS CAPACITY AS TRUSTEE FOR THE REGISTERED HOLDERS OF COBALT CMBS COMMERCIAL MORTGAGE TRUST 2007-C3, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-C3 (“Lender”), MOODY NATIONAL TPS FORT WORTH H, LLC, a Delaware limited liability company (“Moody H”), each TIC Borrower listed on Exhibit A attached hereto, each a Delaware limited liability company (each, a “TIC Borrower,” and, jointly and severally with Moody H, “Borrower”), Brett C. Moody (“Original Guarantor”), each TIC Guarantor listed on Exhibit A attached hereto (jointly and severally with Original Guarantor, “Guarantor”), MOODY NATIONAL INTERNATIONAL-FORT WORTH HOLDING, LLC, a Delaware limited liability company (“Buyer”), and MOODY NATIONAL REIT I, I
