Reservation Termination Sample Contracts

Reservation Termination (May 17, 2024)
Reservation Termination • May 22nd, 2024 • Luxurban Hotels Inc. • Real estate

Reference is made to the letter agreement (“April 2024 Agreement”), dated April 12, 2024, between LuxUrban Hotels Inc. and each of Greenle Partners LLC Series Alpha P.S (“Greenle Alpha”) and Greenle Partners LLC Series Beta P.S. (“Greenle Beta” and together with Greenle Alpha, “Greenle”) and the Modification thereto, dated as of May 10, 2024 (the “May 2024 Modification” and, together with the April 2024 Agreement, the “Waiver”). Any capitalized terms not defined herein shall have the meanings ascribed to them in the April 2024 Agreement or the May 2024 Modification, as applicable.

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