May 12, 2000
Exhibit 10.1
Direct Dial: (000) 000-0000
Facsimile: (000) 000-0000
Xxxxx X. Xxxxxxxxxxx
Executive Vice President
Chief Financial Officer
Chief Administrative Officer
May 12, 2000
via hand delivery
Xx. Xxxx Xxxxx, Trust Officer
BANK OF AMERICA, N.A.
000 Xxxxx Xxxxxx Xxxxxx, Xxxxx Xxxxx
Xxx Xxxxx, Xxxxxx 00000
Re: Ground Lease dated June 1, 1995, as amended (the “Lease”), between TGH&H Real Estate Trust, as successor landlord (“Landlord”), and Texas Station, Inc., as successor tenant (“Tenant”).
Dear Ms. Price:
This letter agreement will confirm that, pursuant to Section I.C.2 of the Lease, Landlord and Tenant have agreed that (a) the annual Rent (as defined in the Lease) for the first Rental Period (as defined in the Lease) shall be $3,450,000 per year, subject to adjustment pursuant to subsection (b) of that Section, and (b) the first Rental Period shall commence on August 1, 2000. Except as expressly modified hereby, the Lease remains in full force and effect.
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If the foregoing accurately sets forth Landlord’s agreement with respect to these matters, please so indicate by executing the attached copy of this letter in the space provided below and returning it to me as soon as possible.
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Sincerely, |
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TEXAS STATION, INC. |
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By: |
/S/ XXXXX X. XXXXXXXXXXX |
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Xxxxx X. Xxxxxxxxxxx |
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Senior Vice President |
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Treasurer |
AGREED to and ACCEPTED
this _____ day of May, 2000
TGH&H REAL ESTATE TRUST
By: Bank of America, N.A., as Trustee of
the TGH&H Real Estate Trust under
Trust Agreement dated January 8, 1997
By:
Name:
Title:
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bcc: Xxxxx X. Xxxxxxxx, III
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