HRES1 Properties Trust
Exhibit 10.1
HRES1 Properties Trust
000 Xxxxxx Xxxxxx
Xxxxxx, XX 00000
July 13, 2006
FS Patriot LLC
FS Commonwealth LLC
000 Xxxxxx Xxxxxx
Xxxxxx, XX 00000
dated as of March 3, 2006
Ladies and Gentlemen:
Reference is made to the captioned agreement (as amended, the “Lease”). Capitalized terms used and not otherwise defined in this letter are used with the meanings ascribed to such terms in the Lease.
The purpose of this letter is to confirm our understanding and agreement that, notwithstanding anything to the contrary set forth in the Lease, including, but not limited to, Section 5.3, there can be neither a transfer of ownership nor a new license issued without the approval of the Department of Public Health of The Commonwealth of Massachusetts.
Please confirm your agreement with the foregoing by signing this letter below where indicated and returning a signed copy to me.
Very truly yours,
HRES1 PROPERTIES TRUST
By: /s/ Xxxxx X. Xxxxxxx
|
Xxxxx X. Xxxxxxx, President |
ACKNOWLEDGED AND AGREED:
FS PATRIOT LLC
FS COMMONWEALTH LLC
By: /s/ Xxxxx X. Xxxxxx, Xx.
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Xxxxx X. Xxxxxx, Xx., Treasurer |