AMENDMENT NO. 2 TO THIRD AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF ASHFORD HOSPITALITY LIMITED PARTNERSHIP January __, 2008Ashford Hospitality Trust Inc • February 29th, 2008 • Real estate investment trusts • Delaware
This Amendment No. 2 to Third Amended and Restated Agreement of Limited Partnership of Ashford Hospitality Limited Partnership (this “Amendment”) is made as of January ___, 2008 by Ashford OP General Partner, LLC, a Delaware limited liability company, as general partner (the “General Partner”) of Ashford Hospitality Limited Partnership, a Delaware limited partnership (the "Partnership”), and Ashford OP Limited Partner, LLC, a Delaware limited liability company, as a limited partner of the Partnership (the “Ashford Limited Partner”), pursuant to the authority granted in the Third Amended and Restated Agreement of Limited Partnership of Ashford Hospitality Limited Partnership, dated as of May 7, 2007, as amended by Amendment No. 1 to the Third Amended and Restated Agreement of Limited Partnership of Ashford Hospitality Limited Partnership, dated as of July 18, 2007 (as so amended, the “Partnership Agreement”), for the purpose of reducing the Payout Period associated with the Limited Part
LIMITED LIABILITY COMPANY AGREEMENT OF PIM ASHFORD VENTURE I, LLC (a Delaware Limited Liability Company) as of February 6, 2008Limited Liability Company Agreement • February 29th, 2008 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
This LIMITED LIABILITY COMPANY AGREEMENT of PIM ASHFORD VENTURE I, LLC, a Delaware limited liability company (the “Company”), is made and entered into to be effective for all purposes as of February 6, 2008, by and between PRISA III Investments, LLC, a Delaware limited liability company (“Investor”) and Ashford Hospitality Finance, LP, a Delaware limited partnership (“Ashford”) whose signatures appear below as Members of the Company and each Person admitted as a Member of the Company after the date hereof pursuant to the provisions of this Agreement. All capitalized terms used in this Agreement which are not otherwise defined have the meanings set forth in Article I.
LOAN SERVICING AGREEMENT Dated as of ____________, 2008 by and between PIM ASHFORD VENTURE I, LLC AND ASHFORD HOSPITALITY SERVICING LLCLoan Servicing Agreement • February 29th, 2008 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
THIS LOAN SERVICING AGREEMENT (this “Agreement”), dated as of , 2008, is made and entered into by and between PIM Ashford Venture I, LLC, a Delaware limited liability company (the “Company”), for itself and on behalf of its Subsidiaries (hereinafter defined), and Ashford Hospitality Servicing LLC, a Delaware limited liability company (the “Ashford”). It is anticipated by the parties hereto that Subsidiaries will be added as parties and signatories to this Agreement as Investments are acquired by the Company.
INVESTMENT PROGRAM AGREEMENT BETWEEN PRUDENTIAL INVESTMENT MANAGEMENT, INC. AND ASHFORD HOSPITALITY FINANCE, L.P. as of January 22, 2008Investment Program Agreement • February 29th, 2008 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
This INVESTMENT PROGRAM AGREEMENT (the “Agreement”), is made and entered into to be effective for all purposes as of January 22, 2008, by and between Prudential Investment Management, Inc., a Delaware corporation (together with its successors and assigns, collectively, “PIM”) and Ashford Hospitality Finance LP, a Delaware limited partnership (“Ashford”). All capitalized terms used in this Agreement which are not otherwise defined have the meanings set forth in Article I.
INVESTMENT PROGRAM AGREEMENT BETWEEN PRUDENTIAL INVESTMENT MANAGEMENT, INC. AND ASHFORD HOSPITALITY FINANCE, L.P. as of January 22, 2008Investment Program Agreement • February 29th, 2008 • Ashford Hospitality Trust Inc • Real estate investment trusts • New York
This INVESTMENT PROGRAM AGREEMENT (the “Agreement”), is made and entered into to be effective for all purposes as of January 22, 2008, by and between Prudential Investment Management, Inc., a Delaware corporation (together with its successors and assigns, collectively, “PIM”) and Ashford Hospitality Finance LP, a Delaware limited partnership (“Ashford”). All capitalized terms used in this Agreement which are not otherwise defined have the meanings set forth in Article I.
