HOTEL LEASE AGREEMENT EFFECTIVE AS OF JANUARY 3, 2003 BETWEEN AHF HOUSTON WESTCHASE LIMITED PARTNERSHIP A VIRGINIA LIMITED PARTNERSHIP AS LESSOR AND AHF SERVICES LIMITED PARTNERSHIP A VIRGINIA LIMITED PARTNERSHIP AS LESSEEHotel Lease Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts
THIS HOTEL LEASE AGREEMENT (hereinafter called “Lease”), effective as of the 3rd day of January, 2003, by and between AHF Houston Westchase Limited Partnership, a Virginia limited partnership (hereinafter called “Lessor”), and AHF Services Limited Partnership, a Virginia limited partnership (hereinafter called “Lessee”), provides as follows:
ESCROW AGREEMENT (Apple Hospitality Five, Inc.)Escrow Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts • Virginia
THIS ESCROW AGREEMENT, dated as of December 11, 2002 (“Escrow Agreement”), is by and among DAVID LERNER ASSOCIATES, INC., a New York corporation (“Agent”), APPLE HOSPITALITY FIVE, INC., a Virginia corporation (“Company”), and WACHOVIA BANK, NATIONAL ASSOCIATION, a national banking association, as Escrow Agent hereunder (“Escrow Agent”).
45,670,995 Units (Common Shares and Series A Preferred Shares) APPLE HOSPITALITY FIVE, INC. Agency Agreement December 11, 2002Agency Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts • Virginia
Apple Hospitality Five, Inc., a Virginia corporation (the “Company”), is a corporation that will elect to qualify as a real estate investment trust pursuant to Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”). Subject to the terms and conditions stated herein, the Company proposes to engage David Lerner Associates, Inc. as its managing dealer (the “Agent”) to solicit offers to buy and obtain purchasers for Units, as offered by the Prospectus which is part of the Form S-11 Registration Statement under the Securities Act of 1933 (File No. 333-100044) as filed with the Securities and Exchange Commission. Each Unit refers to one share of common stock, no par value, and one Series A preferred share of the Company registered pursuant to the Registration Statement referred to in the preceding sentence. This will confirm our agreement respecting your engagement as the exclusive agent to solicit offers to buy and obtain purchasers for the Units on a “best e
ADVISORY AGREEMENT BETWEEN APPLE HOSPITALITY FIVE, INC. AND APPLE HOSPITALITY FIVE ADVISORS, INC.Advisory Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts • Virginia
THIS ADVISORY AGREEMENT, dated as of January 2, 2003, is between APPLE HOSPITALITY FIVE, INC., a Virginia corporation (the “Company”), and APPLE HOSPITALITY FIVE ADVISORS, INC., a Virginia corporation (the “Advisor”).
PROPERTY ACQUISITION/DISPOSITION AGREEMENTProperty Acquisition/Disposition Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts • Virginia
THIS AGREEMENT is made and entered into as of the 2nd day of January, 2003, by and between Apple Hospitality Five, Inc., a Virginia corporation (hereinafter referred to as “Owner”), and Apple Suites Realty Group, Inc., a Virginia corporation (hereinafter referred to as “Agent”).
OWNER AGREEMENT (Houston, Texas)Owner Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts • Maryland
THIS OWNER AGREEMENT (“Agreement”) made and entered into as of the 3rd day of January, 2003, by and among AHF HOUSTON WESTCHASE LIMITED PARTNERSHIP, a Virginia limited partnership, with a mailing address of 10 South Third Street, Richmond, Virginia 23219 (“Lessor”); AHF SERVICES LIMITED PARTNERSHIP, a Virginia limited partnership, with a mailing address of 10 South Third Street, Richmond, Virginia 23219 (“Lessee”); and RESIDENCE INN BY MARRIOTT, INC., a Delaware corporation, with a mailing address of 10400 Fernwood Road, Bethesda, MD 20817 (“Manager”).
ASSIGNMENT, ASSUMPTION AND AMENDMENT OF MANAGEMENT AGREEMENT (Houston, Texas)Management Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts • Texas
THIS ASSIGNMENT, ASSUMPTION AND AMENDMENT OF MANAGEMENT AGREEMENT (the “Agreement”) is made and entered into as of the 3rd day of January, 2003 (the “Effective Date”), by and among WESTEL PROPERTIES II, LTD, a Texas limited partnership (“Assignor”), AHF SERVICES LIMITED PARTNERSHIP, a Virginia limited partnership (“Assignee”), and RESIDENCE INN BY MARRIOTT, INC., a Delaware corporation (the “Manager”).
HOUSTON, WESTCHASE RESIDENCE INN (TEXAS) MANAGEMENT AGREEMENT by and between RESIDENCE INN BY MARRIOTT, INC. as “MANAGER” and WESTEL PROPERTIES II, LTD., A TEXAS LIMITED PARTNERSHIP as “OWNER” Dated as of April 8, 1996 [As Amended]Management Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts
This Management Agreement (“Agreement”) is executed as of the 8th day of April, 1996 (“Effective Date”) by WESTEL PROPERTIES II, LTD. (“Owner”), a Texas limited partnership with a mailing address at One Spurling Plaza, 12850 Spurling Rd., #114, Dallas, Texas 75230 and RESIDENCE INN BY MARRIOTT, INC. (“Manager”), a Delaware corporation, with a mailing address at 10400 Fernwood Road, Bethesda, Maryland 20817.
PURCHASE CONTRACT between WESTEL PROPERTIES II, LTD. (“SELLER”) AND APPLE SUITES REALTY GROUP, INC. (“BUYER”) AND joined in by W.I. REALTY I, L.P., d/b/a WESTERN INTERNATIONAL (“WESTERN”) Dated December 18, 2002Purchase Contract • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts • Texas
This PURCHASE CONTRACT (this “Contract”) is made and entered into as of the 18th day of December, 2002, by and between WESTEL PROPERTIES II, LTD., a Texas limited partnership (“Seller”), with its principal office c/o Western International, 13647 Montfort Drive, Dallas, Texas 75240, and APPLE SUITES REALTY GROUP, INC., a Virginia corporation, with its principal office at 10 South Third Street, Richmond, Virginia 23219, or its assigns (“Buyer”) and, to the extent provided herein, joined in by W. I. REALTY I, L.P., d/b/a WESTERN INTERNATIONAL, a Texas limited partnership (“Western”), with its principal office at 13647 Montfort Drive, Dallas, Texas 75240.
FIRST AMENDMENT TO MANAGEMENT AGREEMENT BETWEEN WESTEL PROPERTIES II, LTD. (“OWNER”) AND RESIDENCE INN BY MARRIOTT, INC. (“MANAGER”)Management Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts
THIS FIRST AMENDMENT TO MANAGEMENT AGREEMENT (“FIRST AMENDMENT”) is made and entered into as of this 8th day of October, 1997, by and between WESTEL PROPERTIES II, LTD., a Texas limited partnership, with a mailing address at One Spurling Plaza, 12850 Spurling Road, Suite 114, Dallas, Texas 75230 (“Owner”), and RESIDENCE INN BY MARRIOTT, INC., a Delaware corporation, with a mailing address at c/o Marriott International, Inc., 10400 Fernwood Road, Bethesda, Maryland (“Manager”).
SUBCONTRACT AND ASSIGNMENT AGREEMENTSubcontract and Assignment Agreement • January 17th, 2003 • Apple Hospitality Five Inc • Real estate investment trusts • Virginia
This subcontract and assignment agreement (this “Agreement”) is made as of January 3, 2003 by and between Apple Hospitality Five Advisors, Inc., a Virginia corporation (“Apple Five Advisors”) and Apple Suites Advisors, Inc., a Virginia corporation (“Apple Suites Advisors”).
