FORBEARANCE AGREEMENTForbearance Agreement • February 5th, 2021 • Hospitality Investors Trust, Inc. • Real estate investment trusts • New York
THIS FORBEARANCE AGREEMENT (this “Agreement”) dated as of February 1, 2021 (such date, the “Effective Date”) is made by and among CITIBANK, N.A., as administrative agent and collateral agent for the Lenders party to the Loan Agreement (as defined below) (in such capacities, collectively, “Agent”), each of the parties identified as a “Borrower” on the signature pages hereof (collectively, “Borrower”), HOSPITALITY INVESTORS TRUST, INC., a Maryland corporation (“Parent Guarantor”), HOSPITALITY INVESTORS TRUST OPERATING PARTNERSHIP, L.P., a Delaware limited partnership (together with Parent Guarantor, “Guarantors” and Guarantors with Borrower, the “Borrower Parties”), CITIBANK, N.A. (“Citibank”), DEUTSCHE BANK AG NEW YORK BRANCH (“DB”), JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (“JPM”), MORGAN STANLEY BANK, N.A. (“MS”), GOLDMAN SACHS BANK USA (“GS”), CTBC BANK CO., LTD., NEW YORK BRANCH (“CTBC”), and BBVA USA, fka COMPASS BANK (“BBVA” and with Citibank, DB, JPM, MS, GS, and CTBC, collectiv
