NONRECOURSE EXCEPTIONS GUARANTY Boston Back Bay Hilton Boston, MassachusettsNonrecourse Exceptions Guaranty • February 28th, 2012 • Ashford Hospitality Trust Inc • Real estate investment trusts • Massachusetts
This NONRECOURSE EXCEPTIONS GUARANTY (this “Guaranty”) is made and entered into as of March 10,2011 by ASHFORD HOSPITALITY LIMITED PARTNERSHIP, a Delaware limited partnership (“Ashford”), and PRISA III REIT OPERATING LP, a Delaware limited partnership (“PRISA III”; together with Ashford, “Guarantor,” whether one or more), for the benefit of CONNECTICUT GENERAL LIFE INSURANCE COMPANY, a Connecticut corporation (together with its successors and assigns, “Lender”).
