EXHIBIT 10.8 MANAGEMENT AGREEMENT THIS AGREEMENT made and entered into as of this 29th day of July, 2003 by and between Summit Group of Scottsdale, Arizona, LLC, a South Dakota limited liability company, d/b/a Springhill Suites by Marriott,...Management Agreement • May 1st, 2006 • Summit Hotel Properties LLC • South Dakota
EXHIBIT 10.11 LOAN AGREEMENT Dated as of December 30, 2004Loan Agreement • May 1st, 2006 • Summit Hotel Properties LLC
EXHIBIT 10.12 LOAN AGREEMENT BY AND BETWEEN SUMMIT HOTEL PROPERTIES, LLC A SOUTH DAKOTA LIMITED LIABILITY COMPANYLoan Agreement • May 1st, 2006 • Summit Hotel Properties LLC • Tennessee
EXHIBIT 10.23 LOAN AGREEMENT BY AND BETWEEN SUMMIT HOTEL PROPERTIES, LLC, A SOUTH DAKOTA LIMITED LIABILITY COMPANYLoan Agreement • June 21st, 2006 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places • Illinois
FIRST AMENDMENT OF LOAN AGREEMENTLoan Agreement • May 1st, 2006 • Summit Hotel Properties LLC
ARTICLE I LINE OF CREDITLoan Agreement • May 1st, 2006 • Summit Hotel Properties LLC • Nebraska
FIRST AMENDMENT OF LOAN AGREEMENTLoan Agreement • May 1st, 2006 • Summit Hotel Properties LLC
FOURTH AMENDMENT OF LOAN AGREEMENTLoan Agreement • May 1st, 2006 • Summit Hotel Properties LLC
THIRD AMENDMENT OF LOAN AGREEMENTLoan Agreement • May 1st, 2006 • Summit Hotel Properties LLC
October 31, 2005 Summit Real Estate Investments, LLC 2701 S. Minnesota Avenue, Suite 6 Sioux Falls, SD 57105 RE: Managing Dealer Agreement Gentlemen: Summit Hotel Properties, LLC (the "Company"), a South Dakota limited liability company with its...Managing Dealer Agreement • May 1st, 2006 • Summit Hotel Properties LLC • South Dakota
EXHIBIT 10.10 SUMMIT HOTEL PROPERTIES, LLC 2701 SOUTH MINNESOTA AVENUE, SUITE 6 SIOUX FALLS, SD 57105 Date: October 31, 2005 Re: Soliciting Dealer Agreement Gentlemen: Summit Hotel Properties, LLC (the "Company"), a South Dakota limited liability...Soliciting Dealer Agreement • May 1st, 2006 • Summit Hotel Properties LLC • South Dakota
Exhibit 10.4 FIRST AMENDMENT TO MANAGEMENT AGREEMENT THIS FIRST AMENDMENT TO HOTEL MANAGEMENT AGREEMENT (the "Agreement") made and entered into as of this 29th day of December 2004, by and between Summit Hospitality I, LLC a Delaware limited liability...Hotel Management Agreement • May 1st, 2006 • Summit Hotel Properties LLC
17,000,000 July 31, 1998 For value received, DANA SUITES/BELL HOSPITALITY, L.L.C., a Delaware limited liability company, having its principal place of business at 2481 Route 9, Fishkill, New York 12524, as successor by consolidation to Dana Suites,...Deed of Trust Note • May 1st, 2006 • Summit Hotel Properties LLC
LOAN AGREEMENTLoan Agreement • March 31st, 2008 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places • Arizona
THIS LOAN AGREEMENT (this “Agreement”) is made as of December 21, 2007 (the “Closing Date”), by and between GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”), and SUMMIT HOSPITALITY V, LLC, a South Dakota limited liability company (“Borrower”).
LOAN AGREEMENTLoan Agreement • November 14th, 2006 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places • Wisconsin
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of this 25th day of July, 2006, by and between M&I MARSHALL & ILSLEY BANK (“Lender”) and SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (the “Borrower”).
EXHIBIT 10.15 This instrument prepared by and when recorded return to: Suzanne M. Amaducci, P.A. Bilzin Sumberg Baena Price & Axelrod LLP 200 South Biscayne Boulevard, Suite 2500 Miami, Florida 33131-5340 _____________________________________ (Space...Note and Deed of Trust Assumption Agreement • May 1st, 2006 • Summit Hotel Properties LLC • Arizona
THIRD AMENDED AND RESTATED FORBEARANCE AGREEMENTForbearance Agreement • May 7th, 2010 • Summit Hotel Properties, LLC • Hotels, rooming houses, camps & other lodging places • New York
This THIRD AMENDED AND RESTATED FORBEARANCE AGREEMENT is dated as of May 3, 2010 (the “Effective Date”), by and among DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP and FORTRESS CREDIT OPPORTUNITIES I LP (collectively, “Fortress”) and ETON PARK FUND, L.P., and ETON PARK CLO MANAGEMENT 2 (collectively “Eton Park” and together with Fortress, collectively “Lender”), and SUMMIT HOTEL PROPERTIES, LLC a South Dakota limited liability company, as borrower (“Borrower”), each SHP Subsidiary signatory hereto, and The Summit Group, Inc. (“Guarantor” together with Borrower and each SHP Subsidiary, collectively, the “Borrower Parties” and each a “Borrower Party”).
SECOND AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • August 24th, 2010 • Summit Hotel Properties, LLC • Hotels, rooming houses, camps & other lodging places • Nebraska
THIS SECOND AMENDED AND RESTATED LOAN AGREEMENT ("Agreement") is entered into as of August 15, 2010 by and between FIRST NATIONAL BANK OF OMAHA, a national banking association ("First National") as a Lender, Administrative Agent and Collateral Agent for the Lenders, Union Bank & Trust Company, a Nebraska State Banking Corporation (“Union”) as a Lender, and the other Lenders a party hereto from time to time, and SUMMIT HOTEL PROPERTIES, LLC ("Summit Hotel"), a South Dakota limited liability company and SUMMIT HOSPITALITY V, LLC ("Summit Hospitality"), a South Dakota limited liability company. First National, Union and the other lenders a party hereto from time to time may be hereinafter collectively referred to as the “Lenders” and individually as a "Lender". Summit Hotel and Summit Hospitality may be collectively referred to hereinafter as the "Borrowers" and individually as a "Borrower". The Administrative Agent and the Collateral Agent for the Lenders may be hereinafter collectively
THIRD AMENDED AND RESTATED OPERATING AGREEMENT FOR SUMMIT HOTEL PROPERTIES, LLCOperating Agreement • May 1st, 2006 • Summit Hotel Properties LLC • South Dakota
FIRST MODIFICATION OF LOAN AGREEMENTLoan Agreement • May 15th, 2007 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places
THIS FIRST MODIFICATION OF LOAN AGREEMENT is made and entered into on April 24, 2007 by and between SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (“Borrower”), and ING LIFE INSURANCE AND ANNUITY COMPANY, a Connecticut corporation (“Lender”).
MODIFICATION OF PROMISSORY NOTE AND LOAN AGREEMENTModification of Promissory Note and Loan Agreement • March 31st, 2008 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places
THIS MODIFICATION OF PROMISSORY NOTE AND LOAN AGREEMENT is made and entered into on November 28, 2007 by and between SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (“Borrower”), and ING LIFE INSURANCE AND ANNUITY COMPANY, a Connecticut corporation (“Lender”).
FIRST AMENDMENT OF FIRST AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • July 12th, 2010 • Summit Hotel Properties, LLC • Hotels, rooming houses, camps & other lodging places
THIS FIRST AMENDMENT OF FIRST AMENDED AND RESTATED LOAN AGREEMENT (“Amendment”) is made this 24th day of June, 2010 among Summit Hotel Properties, LLC, a South Dakota limited liability company (“Summit Hotel”), Summit Hospitality V, LLC, a South Dakota limited liability company (“Summit Hospitality”) (Summit Hotel and Summit Hospitality may be collectively referred to as “Borrowers”), First National Bank of Omaha, a national banking association ("First National") as a Lender, Administrative Agent and Collateral Agent for the Lenders, and Union Bank & Trust Company, a Nebraska state banking corporation (“Union”), and amends that certain First Amended and Restated Loan Agreement dated August 31, 2009 among Borrowers, Agent and the Lenders party thereto (as amended, the “Loan Agreement”).
AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • May 20th, 2010 • Summit Hotel Properties, LLC • Hotels, rooming houses, camps & other lodging places • New York
SECOND AMENDMENT OF LOAN AGREEMENTLoan Agreement • March 30th, 2007 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places
THIS SECOND AMENDMENT OF LOAN AGREEMENT (“Amendment”) is made this 4th day of April, 2006 among Summit Hotel Properties, LLC, a South Dakota limited liability company (“Borrower”), First National Bank of Omaha, a national banking association (“First National”) as a Lender, Administrative Agent and Collateral Agent for the Lenders, M & I Marshall & Ilsley Bank, a national banking association (“M & I”), Bank Midwest, N.A. (“Bank Midwest”), Crawford County Trust & Savings, a state banking association (“Crawford”), Quad City Bank & Trust Co., a state banking association (“Quad City”), Bremer Bank, National Association, a national banking association (“Bremer”) and Bankers Trust Company, N.A. (“Bankers Trust”), and amends that certain Loan Agreement dated June 24, 2005 among Borrower, First National, M & I and Bank Midwest (“Loan Agreement”).
SECOND AMENDMENT OF FIRST AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • July 12th, 2010 • Summit Hotel Properties, LLC • Hotels, rooming houses, camps & other lodging places
THIS SECOND AMENDMENT OF FIRST AMENDED AND RESTATED LOAN AGREEMENT (“Amendment”) is made this 24th day of June, 2010 among Summit Hotel Properties, LLC, a South Dakota limited liability company (“Summit Hotel”), Summit Hospitality V, LLC, a South Dakota limited liability company (“Summit Hospitality”) (Summit Hotel and Summit Hospitality may be collectively referred to as “Borrowers”), First National Bank of Omaha, a national banking association ("First National") as a Lender, Administrative Agent and Collateral Agent for the Lenders, M & I Marshall & Ilsley Bank, a national banking association (“M & I”), Bank Midwest, N.A. (“Bank Midwest”), Crawford County Trust & Savings, a state banking association (“Crawford”), Quad City Bank & Trust Co., a state banking association (“Quad City”), and Bankers Trust Company (“Bankers Trust”), and amends that certain First Amended and Restated Loan Agreement dated August 31, 2009 among Borrowers, Agent and the Lenders party thereto (as amended, the “
FIRST AMENDMENT OF FIRST AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • May 20th, 2010 • Summit Hotel Properties, LLC • Hotels, rooming houses, camps & other lodging places
THIS FIRST AMENDMENT OF FIRST AMENDED AND RESTATED LOAN AGREEMENT (“Amendment”) is made this 14th day of May, 2010 among Summit Hotel Properties, LLC, a South Dakota limited liability company (“Summit Hotel”), Summit Hospitality V, LLC, a South Dakota limited liability company (“Summit Hospitality”) (Summit Hotel and Summit Hospitality may be collectively referred to as “Borrowers”), First National Bank of Omaha, a national banking association ("First National") as a Lender, Administrative Agent and Collateral Agent for the Lenders, M & I Marshall & Ilsley Bank, a national banking association (“M & I”), Bank Midwest, N.A. (“Bank Midwest”), Crawford County Trust & Savings, a state banking association (“Crawford”), Quad City Bank & Trust Co., a state banking association (“Quad City”), and Bankers Trust Company, N.A. (“Bankers Trust”), and amends that certain First Amended and Restated Loan Agreement dated August 31, 2009 among Borrowers, Agent and the Lenders party thereto (as amended, t
Exhibit 10.5 SECOND AMENDMENT TO MANAGEMENT AGREEMENT THIS SECOMD AMENDMENT TO HOTEL MANAGEMENT AGREEMENT (the "Agreement") made and entered into as of this 30th day of December 2004, by and between Summit Hospitality I, LLC a Delaware limited...Management Agreement • May 1st, 2006 • Summit Hotel Properties LLC
FIFTH AMENDMENT OF LOAN AGREEMENTLoan Agreement • March 30th, 2007 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places
THIS FIFTH AMENDMENT OF LOAN AGREEMENT (“Amendment”) is made this 12th day of April, 2006 by Summit Hotel Properties, LLC, a South Dakota limited liability company (“Borrower”) and First National Bank of Omaha, a national banking association (“Bank”) and amends that certain Loan Agreement dated July 20, 2004 between Borrower and Bank (“Loan Agreement”).
THIRD AMENDMENT OF FIRST AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • July 29th, 2010 • Summit Hotel Properties, LLC • Hotels, rooming houses, camps & other lodging places
THIS THIRD AMENDMENT OF FIRST AMENDED AND RESTATED LOAN AGREEMENT (“Amendment”) is made this 24th day of July, 2010 among Summit Hotel Properties, LLC, a South Dakota limited liability company (“Summit Hotel”), Summit Hospitality V, LLC, a South Dakota limited liability company (“Summit Hospitality”) (Summit Hotel and Summit Hospitality may be collectively referred to as “Borrowers”), First National Bank of Omaha, a national banking association ("First National") as a Lender, Administrative Agent and Collateral Agent for the Lenders, M & I Marshall & Ilsley Bank, a national banking association (“M & I”), Bank Midwest, N.A. (“Bank Midwest”), Crawford County Trust & Savings, a state banking association (“Crawford”), Quad City Bank & Trust Co., a state banking association (“Quad City”), and Bankers Trust Company (“Bankers Trust”), and amends that certain First Amended and Restated Loan Agreement dated August 31, 2009 among Borrowers, Agent and the Lenders party thereto (as amended, the “L
FOURTH AMENDMENT OF LOAN AGREEMENTLoan Agreement • March 31st, 2008 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places
THIS FOURTH AMENDMENT OF LOAN AGREEMENT (“Amendment”) is made this 25th day of October, 2007 among Summit Hotel Properties, LLC, a South Dakota limited liability company (“Summit Hotel”), Summit Hospitality V, LLC, a South Dakota limited liability company (“Summit Hospitality”) (Summit Hotel and Summit Hospitality may be collectively referred to as “Borrowers”), First National Bank of Omaha, a national banking association (“First National”) as a Lender, Administrative Agent and Collateral Agent for the Lenders, M & I Marshall & Ilsley Bank, a national banking association (“M & I”), Bank Midwest, N.A. (“Bank Midwest”), Crawford County Trust & Savings, a state banking association (“Crawford”), Quad City Bank & Trust Co., a state banking association (“Quad City”), and Bankers Trust Company, N.A. (“Bankers Trust”), and amends that certain Loan Agreement dated June 24, 2005 among Borrower, First National, M & I and Bank Midwest (“Loan Agreement”).
EXHIBIT 10.2 FIRST AMENDMENT TO MANAGEMENT AGREEMENT THIS FIRST AMENDMENT TO HOTEL MANAGEMENT AGREEMENT ("First Amendment") made and entered into as of this 24th day of April, 2006 by and between Summit Hotel Properties, LLC, a South Dakota limited...Hotel Management Agreement • May 1st, 2006 • Summit Hotel Properties LLC
LOAN MODIFICATION AGREEMENTLoan Modification Agreement • March 31st, 2009 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places • Arizona
This LOAN MODIFICATION AGREEMENT (the “Modification”) is entered into as of December , 2008, by and between GENERAL ELECTRIC CAPITAL CORPORATION, a Delaware corporation (“Lender”), whose address is 8377 East Hartford Drive, Suite 200, Scottsdale, Arizona 85255-5401, and SUMMIT HOTEL PROPERTIES, LLC, a South Dakota limited liability company (“Borrower”), whose address 2701 S. Minnesota Ave., Ste. 6, Sioux Falls, SD 57105.
MANAGEMENT AGREEMENTHotel Management Agreement • March 31st, 2008 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places • South Dakota
THIS HOTEL MANAGEMENT AGREEMENT (the “Agreement” or “Hotel Management Agreement”) made and entered into as of this 12th day of April, 2007, by and between Summit Hospitality V, LLC a South Dakota limited liability company (hereinafter referred to as “Owner”), and The Summit Group, Inc., a South Dakota corporation, acting on its own behalf, (hereinafter referred to as “Manager”).
AGREEMENT AND PLAN OF MERGER SUMMIT HOTEL PROPERTIES, LLC SUMMIT HOTEL OP, LPMerger Agreement • August 11th, 2010 • Summit Hotel Properties, LLC • Hotels, rooming houses, camps & other lodging places • Delaware
AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of August 5, 2010 by and between Summit Hotel Properties, LLC, a South Dakota limited liability company (the “LLC”), and Summit Hotel OP, LP, a Delaware limited partnership (the “OP”).
NINTH AMENDMENT OF LOAN AGREEMENTLoan Agreement • March 31st, 2008 • Summit Hotel Properties LLC • Hotels, rooming houses, camps & other lodging places
THIS NINTH AMENDMENT OF LOAN AGREEMENT (“Amendment”) is made this 25th day of October, 2007 by Summit Hotel Properties, LLC (“Summit Hotel”), a South Dakota limited liability company, Summit Hospitality V, LLC (“Summit Hospitality”), a South Dakota limited liability company and First National Bank of Omaha, a national banking association (“Bank”) and amends that certain Loan Agreement dated July 20, 2004 between Summit Hotel and Bank (“Loan Agreement”).
