Omnibus Agreement for Termination of Sub-Management Agreements Sample Contracts

OMNIBUS AGREEMENT FOR TERMINATION OF SUB-MANAGEMENT AGREEMENTS

Omnibus Agreement for Termination of Sub-Management Agreements • March 31st, 2017 • Hospitality Investors Trust, Inc. • Real estate investment trusts

• Contract Type
  Omnibus Agreement for Termination of Sub-Management Agreements
• Filed
  March 31st, 2017
• Company
  Hospitality Investors Trust, Inc.
• Industry
  Real estate investment trusts

This Omnibus Agreement for Termination of Sub-Management Agreements (“Agreement”), is entered into as of March 31, 2017 (the “Termination Date”), by and among (1) American Realty Capital Hospitality Grace Portfolio, LLC (“Grace Owner”) and American Realty Capital Hospitality PROPERTIES, LLC (“ARC Owner” (and together with Grace Owner, “Owner”)), each a Delaware limited liability company with an address at 405 Park Avenue, New York, New York 10022; and (2) CRESTLINE HOTELS & RESORTS, LLC (“Crestline Manager”) and CRESTLINE HOTELS OHIO BEVCO, LLC (“Crestline Bevco”, and together with Crestline Manager, “Manager”), each a Delaware limited liability company with an address at 3950 University Drive, Suite 301, Fairfax, VA 22030.