AMENDMENT NO. 1 TO THE MASTER PROJECT MANAGEMENT AGREEMENTMaster Project Management Agreement • August 9th, 2021 • Ashford Hospitality Trust Inc • Real estate investment trusts • Texas
This Amendment No. 1 to the Master Project Management Agreement (this “Amendment”), is dated and effective as of May 28, 2021, by and among ASHFORD HOSPITALITY LIMITED PARTNERSHIP, a Delaware limited partnership (the “Partnership”), ASHFORD TRS CORPORATION, a Delaware corporation (“TRS”), RI MANCHESTER TENANT CORPORATION, a Delaware corporation (“RI Manchester”), ASHFORD TRS VII CORPORATION, a Delaware corporation (“TRS VII”), CY MANCHESTER TENANT CORPORATION, a Delaware corporation (“CY Manchester” and together with TRS, RI Manchester, TRS VII and any taxable REIT subsidiaries of the Partnership hereafter existing, “Lessee”), and PREMIER PROJECT MANAGEMENT (f/k/a PROJECT MANAGEMENT LLC), a Maryland limited liability company (the “Manager”). All capitalized terms appearing herein that are not otherwise defined shall have the meanings ascribed to them in the Master Project Management Agreement, dated August 8, 2018, by and among the parties hereto (the “Master Agreement”).
