Back to top

FIRST AMENDMENT TO AMENDED AND RESTATED MANAGEMENT AGREEMENT

Consulting Services Agreement

FIRST AMENDMENT TO AMENDED AND RESTATED MANAGEMENT
AGREEMENT | Document Parties: HOSPITALITY PROPERTIES TRUST | INTERCONTINENTAL HOTELS GROUP (CANADA), INC | HPT TRS IHG-2, INC |  IHG MANAGEMENT (MARYLAND) LLC You are currently viewing:
This Consulting Services Agreement involves

HOSPITALITY PROPERTIES TRUST | INTERCONTINENTAL HOTELS GROUP (CANADA), INC | HPT TRS IHG-2, INC | IHG MANAGEMENT (MARYLAND) LLC

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: FIRST AMENDMENT TO AMENDED AND RESTATED MANAGEMENT AGREEMENT
Date: 2/12/2007
Industry: Real Estate Operations     Sector: Services

50 of the Top 250 law firms use our Products every day

EXHIBIT 10.6

FIRST AMENDMENT TO AMENDED AND RESTATED MANAGEMENT
AGREEMENT

THIS FIRST AMENDMENT TO AMENDED AND RESTATED MANAGEMENT AGREEMENT (this “ Amendment ”) is made and entered into as of December 21, 2006 by and between: (i) IHG MANAGEMENT (MARYLAND) LLC, a Maryland limited liability company (“ IHG Maryland ”) , and INTERCONTINENTAL HOTELS GROUP (CANADA), INC., a corporation under the laws of Ontario, Canada (“ IHG Canada ”, and together with IHG Maryland, collectively, “ Manager ”), and (ii) HPT TRS IHG-2, INC., a Maryland corporation (“Owner”).

WHEREAS, Manager and Owner entered into that certain Amended and Restated Management Agreement, dated as of January 6, 2006 (the “ Management Agreement ”); and

WHEREAS, Manager and owner wish to amend the Management Agreement to modify the definition of Base Priority Amount;

NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are herein acknowledged, Owner and Manager, intending to be legally bound, hereby agree as follows: 

1.             Capitalized terms used in this Amendment and not otherwise defined herein shall have the meaning ascribed thereto in the Management Agreement.

2.             Section 1.30 of the Management Agreement is deleted in its entirety and replaced with the .  following:

1.30 “ Base Priority Amoun


SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Close this window