STANDBY EQUITY DISTRIBUTION AGREEMENTStandby Equity Distribution Agreement • February 4th, 2021 • Braemar Hotels & Resorts Inc. • Real estate investment trusts • New York
THIS STANDBY EQUITY DISTRIBUTION AGREEMENT dated as of February 4, 2021 (this “Agreement”) is made by and between YA II PN, LTD., a Cayman Islands exempt limited partnership (the “Investor”), and BRAEMAR HOTELS & RESORTS INC., a company incorporated under the laws of the State of Maryland (the “Company”).
