0000929545-16-000043 Sample Contracts

LIMITED LIABILITY COMPANY AGREEMENT
Limited Liability Company Agreement • August 8th, 2016 • Condor Hospitality Trust, Inc. • Real estate investment trusts • New York

THIS LIMITED LIABILITY COMPANY AGREEMENT (“Agreement”), made and entered into as of July 26, 2016, by and among TWC SPRING STREET HOTEL LLC, a Delaware limited liability company (together with any of its permitted successors and assigns admitted as Members hereunder in accordance with this Agreement, the “TWC Member”), TWC SPRING STREET HOTEL PROMOTE LLC, a Delaware limited liability company (and together with any of its permitted successors and assigns admitted as Members hereunder in accordance with this Agreement, the “Promote Member”), and SUPERTEL LIMITED PARTNERSHIP, a Virginia limited partnership (together with any of its permitted successors and assigns admitted as Members hereunder in accordance with this Agreement, the “Condor Member”).

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SECOND AMENDMENT TO LOAN AGREEMENT
Loan Agreement • August 8th, 2016 • Condor Hospitality Trust, Inc. • Real estate investment trusts

THIS SECOND AMENDMENT TO LOAN AGREEMENT (“Second Amendment”) is made as of the 15th day of April, 2016 (“Closing Date”), by and between SOLOMONS BEACON INN LIMITED PARTNERSHIP, a Maryland limited partnership (“Borrower”), TRS Subsidiary, LLC, a Delaware limited liability company (the “Operating Lessee”), and U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE FOR MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2013-C7, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2013-C7 (“Noteholder”).

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