Common use of Chief Financial Officer’s Certificates Clause in Contracts

Chief Financial Officer’s Certificates. The Representative shall have received two certificates from the Chief Financial Officer of the Company (for itself and as general partner of the Operating Partnership), at the time of execution of this Agreement and at the Closing Time, to the effect that (i) MHI Hotels Services, LLC (the “Property Manager”) manages each of the Company’s and the Operating Partnership’s Properties as disclosed in the Prospectus and (ii) there is no reason to believe that (x) there is any material misstatement or omission in the specified information provided by the Chief Financial Officer of the Property Manager in the letter of representations from the Property Manager (as described below) and (y) such information is not true, accurate and complete in all material respects and that such information provided by the Chief Financial Officer of the Property Manager is materially misleading.

Chief Financial Officer’s Certificates. The Representative shall have received two certificates from the Chief Financial Officer of the Company (for itself and as general partner of the Operating Partnership), at the time of execution of this Agreement and at the Closing Time, to the effect that (i) MHI Hotels Services, LLC (the “Property Manager”) manages each of the Company’s and the Operating Partnership’s Properties as disclosed in the Prospectus and (ii) there is no reason to believe that (x) there is any material misstatement or omission in the specified information provided by the Chief Financial Officer Vice President of Finance and Accounting of the Property Manager in the letter of representations from the Property Manager (as described below) and (y) such information is not true, accurate and complete in all material respects and that such information provided by the Chief Financial Officer Vice President of Finance and Accounting of the Property Manager is materially misleading.

Chief Financial Officer’s Certificates. The Representative shall have received two certificates from the Chief Financial Officer of the Company (for itself and as general partner of the Operating Partnership), at the time of execution of this Agreement and at the Closing Time, to the effect that (i) MHI Hotels Services, LLC (the “Property Manager”) manages each of the Company’s and the Operating Partnership’s Properties as disclosed in the Prospectus and (ii) there is no reason to believe that (x) there is any material misstatement or omission in the specified information provided by the Chief Financial Officer Vice President of Finance and Accounting of the Property Manager in the letter of representations from the Property Manager (as described below) and (y) such information is not true, accurate and complete in all material respects and that such information provided by the Chief Financial Officer Vice President of Finance and Accounting of the Property Manager is materially misleading.