MEZZANINE A LOAN Forbearance AgreementMezzanine a Loan Forbearance Agreement • June 15th, 2020 • Hospitality Investors Trust, Inc. • Real estate investment trusts
This Mezzanine A Loan Forbearance Agreement (“Agreement”) is made on June 10, 2020 to be effective on April 7, 2020 (the “Effective Date”), by and among HIT PORTFOLIO I MEZZ, LP (“Borrower”), HIT PORTFOLIO I TRS HOLDCO, LLC and HIT 2PK TRS MEZZ, LLC (collectively, “Leasehold Pledgor”), Hospitality Investors Trust Operating Partnership, L.P. (“HIT OP”), Hospitality Investors Trust, Inc. (“HIT INC.”) (HIT OP and HIT INC. being referred to in this Agreement collectively as “Guarantor”) (Borrower, Leasehold Pledgor and Guarantor being referred to in this Agreement collectively as the “Borrower Parties”), and Nonghyup Bank, as Trustee of Meritz Private Real Estate Fund 20 (“Lender”). Borrower, Guarantor and Lender are sometimes hereinafter collectively referred to in this Agreement as the “Parties” and each as a “Party.”
