ACCOUNT CLOSURE AGREEMENTAccount Closure Agreement • November 13th, 2019 • Lodging Fund REIT III, Inc. • Real estate investment trusts • Colorado
This account closure Agreement (this “Agreement”) is dated to be effective as of September 18, 2019 (the “Effective Date”), by and among LODGING FUND REIT III OP, LP, a Delaware limited partnership, LF3 CEDAR RAPIDS, LLC, a Delaware limited liability company, and LF3 CEDAR RAPIDS TRS, LLC, a Delaware limited liability company (individually and collectively, “Borrower”), LODGING FUND REIT III, INC., a Maryland corporation, and LODGING FUND REIT III TRS, INC., a Delaware corporation (individually and collectively, “Guarantor”), and TCF National Bank, a national banking association (“Lender”), whose address is 8085 South Chester Street, Suite 201, Centennial, CO 80112.
