LOAN AGREEMENT Dated as of July 28, 2011 Between SHC MICHIGAN AVENUE, LLC and NEW DTRS MICHIGAN AVENUE, LLC, as Borrower and JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, as LenderLoan Agreement • July 29th, 2011 • Strategic Hotels & Resorts, Inc • Real estate investment trusts • New York
THIS LOAN AGREEMENT, dated as of July 28, 2011 (as amended, restated, replaced, supplemented or otherwise modified from time to time, this “Agreement”), between JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, a banking association chartered under the laws of the United States of America, having an address at 383 Madison Avenue, New York, New York 10179 (“Lender”) and SHC MICHIGAN AVENUE, LLC, a Delaware limited liability company, having its principal place of business at 200 West Madison Street, Suite 1700, Chicago, Illinois 60606 (“Fee Owner”) and NEW DTRS MICHIGAN AVENUE, LLC a Delaware limited liability company, having its principal place of business at 200 West Madison Street, Suite 1700, Chicago, Illinois 60606 (“Operating Lessee”)(Fee Owner and Operating Lessee, individually and collectively, as the context may require, being referred to herein as “Borrower”).
