Common Contracts

5 similar Credit Agreement contracts by Summit Hotel Properties, Inc., Granite Point Mortgage Trust Inc.

as Joint Bookrunners
Credit Agreement • June 27th, 2023 • Summit Hotel Properties, Inc. • Real estate investment trusts • New York
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SECOND AMENDMENT TO CREDIT AGREEMENT (Five Year Term Loan)
Credit Agreement • May 12th, 2020 • Summit Hotel Properties, Inc. • Real estate investment trusts • California

The Applicable Margin for each Base Rate Advance shall be determined by reference to the Leverage Ratio in effect from time to time and the Applicable Margin for any Interest Period for all Eurodollar Rate Advances comprising part of the same Borrowing shall be determined by reference to the Leverage Ratio in effect on the first day of such Interest Period; provided, however, that (a) the Applicable Margin shall initially be at Pricing Level II on the Closing Date based on the certificate delivered pursuant to Section 3.01(a)(xv), (b) no change in the Applicable Margin resulting from the Leverage Ratio shall be effective until three Business Days after the date on which the Administrative Agent receives (i) the financial statements required to be delivered pursuant to Section 5.03(b) or (c), as the case may be, and (ii) a certificate of the Chief Financial Officer (or other Responsible Officer performing similar functions) of the Borrower demonstrating the Leverage Ratio, (c) the Appli

THIRD AMENDMENT TO FIRST AMENDED AND RESTATED CREDIT AGREEMENT (Seven Year Term Loan)
Credit Agreement • May 12th, 2020 • Summit Hotel Properties, Inc. • Real estate investment trusts • California

FIRST AMENDED AND RESTATED CREDIT AGREEMENT dated as of February 15, 2018 (as amended by the First Amendment to First Amended and Restated Credit Agreement dated December 6, 2018, by the Second Amendment to First Amended and Restated Credit Agreement dated February 18 2020, and by the Third Amendment to First Amended and Restated Credit Agreement dated as of May 7, 2020 and as it may be further amended, modified, renewed, restated, replaced or extended pursuant to the terms hereof, this “Agreement”) among SUMMIT HOTEL OP, LP, a Delaware limited partnership (the “Borrower”), SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Parent” or the “Parent Guarantor”), the entities listed on the signature pages hereof as the subsidiary guarantors (together with any Additional Guarantors (as hereinafter defined) acceding hereto pursuant to Section 5.01(j), 5.01(x) or 7.05, the “Subsidiary Guarantors” and, together with the Parent Guarantor, the “Guarantors”), the banks, financial institu

FIRST AMENDED AND RESTATED CREDIT AGREEMENT Dated as of February 15, 2018 among SUMMIT HOTEL OP, LP, as Borrower, SUMMIT HOTEL PROPERTIES, INC., as Parent Guarantor, THE OTHER GUARANTORS NAMED HEREIN, as Subsidiary Guarantors, THE INITIAL LENDERS...
Credit Agreement • February 21st, 2018 • Summit Hotel Properties, Inc. • Real estate investment trusts

FIRST AMENDED AND RESTATED CREDIT AGREEMENT dated as of February 15, 2018 (this “Agreement”) among SUMMIT HOTEL OP, LP, a Delaware limited partnership (the “Borrower”), SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Parent” or the “Parent Guarantor”), the entities listed on the signature pages hereof as the subsidiary guarantors (together with any Additional Guarantors (as hereinafter defined) acceding hereto pursuant to Section 5.01(j), 5.01(x) or 7.05, the “Subsidiary Guarantors” and, together with the Parent Guarantor, the “Guarantors”), the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the initial lenders (the “Initial Lenders”), KEYBANK NATIONAL ASSOCIATION (“KeyBank”), as administrative agent (together with any successor administrative agent appointed pursuant to Article VIII, the “Administrative Agent” or “Agent”) for the Lender Parties (as hereinafter defined), REGIONS BANK, RAYMOND JAMES BANK, N.A., PNC BANK,

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