May 8, 2015
EXHIBIT 10.3.1
May 8, 2015
Ashford TRS VI Corporation
00000 Xxxxxx Xxxxxxx, Xxxxx 0000
Xxxxxx, XX 00000
Ladies and Gentlemen:
Reference is made to that certain Purchase and Sale Agreement (the “Agreement”), dated as of February 18, 2015, by and between Ashford TRS VI Corporation, Ashford Hospitality Select, Inc. and Ashford Hospitality Select Limited Partnership. Capitalized terms not otherwise defined in this letter have the meanings assigned in the Agreement.
The undersigned hereby notify you, pursuant to Section 2.3 of the Agreement, that the Agreement is terminated and of no further force and effect.
Very truly yours,
ASHFORD HOSPITALITY SELECT LIMITED PARTNERSHIP
By: | Ashford OP Select General Partner LLC, its general partner |
By: /s/ XXXXX XXXXXX
Name: Xxxxx Xxxxxx
Title: Vice President