ACCESSION AGREEMENT Dated as of November 6, 2012Accession Agreement • February 26th, 2013 • Summit Hotel Properties, Inc. • Real estate investment trusts • New York
Reference is made to that certain Credit Agreement dated as of April 29, 2011 (as amended to date and as otherwise amended, amended and restated, supplemented or modified from time to time, the “Credit Agreement”; capitalized terms not otherwise defined herein shall have their respective meanings set forth in the Credit Agreement), by and between Summit Hotel OP, LP (“Borrower”), Summit Hotel Properties, Inc., the Subsidiary Guarantors party thereto, Deutsche Bank AG New York Branch, as administrative agent for the Lender Parties (in such capacity, “Administrative Agent”), the Lender Parties identified therein and the Arranger party thereto. Each of the Administrative Agent, Borrower and Citibank, N.A., (“Citi”) desires that Citi become a Lender pursuant to the terms and conditions set forth below.
