LOAN AND SECURITY AGREEMENT (Intermediate Mezzanine Loan)Loan and Security Agreement • April 13th, 2007 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
become due under or pursuant to Owner Organizational Documents, (ii) all rights of Borrower to receive proceeds of any insurance, indemnity, warranty or guaranty with respect to Owner Organizational Documents, (iii) all claims of Borrower for damages arising out of or for breach of or default under Owner Organizational Documents, and (iv) any right of Borrower to perform thereunder and to compel performance and otherwise exercise all rights and remedies thereunder; and (i) all Proceeds. The inclusion of Proceeds in the Agreement does not authorize Borrower to sell, dispose of or otherwise use the Collateral in any manner not specifically authorized hereby.
as Borrower to WACHOVIA BANK, NATIONAL ASSOCIATION, as Lender MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF RENTS AND FIXTURE FILINGMortgage, Security Agreement, Assignment of Rents and Fixture Filing • April 13th, 2007 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
THIS MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF RENTS AND FIXTURE FILING (the “Security Instrument”) is made as of the ___day of April, 2007, by the party set forth as Borrower on the signature page hereof, having their chief executive office at 14185 Dallas Parkway, Suite 1100, Dallas, Texas 75254-4308 (hereinafter referred to as “Borrower”), to WACHOVIA BANK, NATIONAL ASSOCIATION, having an address at Wachovia Bank, National Association, Commercial Real Estate Services, 8739 Research Drive URP 4, NC 1075, Charlotte, North Carolina 28262 (hereinafter referred to as “Lender”).
CREDIT AGREEMENT Dated as of April 10, 2007 by and among ASHFORD HOSPITALITY LIMITED PARTNERSHIP, as Borrower, ASHFORD HOSPITALITY TRUST, INC., as Parent, WACHOVIA CAPITAL MARKETS, LLC, as Arranger, WACHOVIA BANK, NATIONAL ASSOCIATION, as...Credit Agreement • April 13th, 2007 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
THIS CREDIT AGREEMENT (this “Agreement”) dated as of April 10, 2007 by and among ASHFORD HOSPITALITY LIMITED PARTNERSHIP, a limited partnership formed under the laws of the State of Delaware (the “Borrower”), ASHFORD HOSPITALITY TRUST, INC. a corporation formed under the laws of the State of Maryland (the “Parent”), WACHOVIA CAPITAL MARKETS, LLC, as Arranger (the “Arranger”), each of MORGAN STANLEY SENIOR FUNDING, INC. and MERRILL LYNCH BANK USA, as Co-Syndication Agents (the “Co-Syndication Agents”), BANK OF AMERICA, N.A. and CALYON NEW YORK BRANCH, as Co-Documentation Agents (the “Co-Documentation Agents”), WACHOVIA BANK, NATIONAL ASSOCIATION, as Agent, and each of the financial institutions initially a signatory hereto together with their assignees pursuant to Section 12.5.(b).
LOAN AND SECURITY AGREEMENT (Senior Mezzanine Loan)Loan and Security Agreement • April 13th, 2007 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
