CREDIT AGREEMENTCredit Agreement • January 20th, 2016 • Summit Hotel Properties, Inc. • Real estate investment trusts • New York
Contract Type FiledJanuary 20th, 2016 Company Industry JurisdictionCREDIT AGREEMENT dated as of January 15, 2016 (this “Agreement”) among SUMMIT HOTEL OP, LP, a Delaware limited partnership (the “Borrower”), SUMMIT HOTEL PROPERTIES, INC., a Maryland corporation (the “Parent” or the “Parent Guarantor”), the entities listed on the signature pages hereof as the subsidiary guarantors (together with any Additional Guarantors (as hereinafter defined) acceding hereto pursuant to Section 5.01(j) or 7.05, the “Subsidiary Guarantors” and, together with the Parent Guarantor, the “Guarantors”), the banks, financial institutions and other institutional lenders listed on the signature pages hereof as the initial lenders (the “Initial Lenders”), the Swing Line Banks (as hereinafter defined), DEUTSCHE BANK AG NEW YORK BRANCH (“DBNY”), BANK OF AMERICA, N.A. and REGIONS BANK, as the initial issuers of Letters of Credit (as hereinafter defined) (the “Initial Issuing Banks”), DBNY, as administrative agent (together with any successor administrative agent appointed pursua