Exhibit 10.16
HOTEL LEASE
Amendment No. 2
This agreement, dated the 1
st day of September, 1977, by and between CHATEAU
LOUISIANE, INC., a Louisiana corporation hereinafter called
"Landlord" and ROYAL SONESTA, INC., a Louisiana corporation,
assignee of Sonesta International Hotels Corporation, successor by
merger of Louisiana Sonesta Corporation (formerly The Royal
Orleans, Inc.), which corporations are hereinafter interchangeably
referred to as "Tenant",
W I T N E S S E T
H T H A T :
WHEREAS, by act dated December 12, 1967,
registered C.O.B. 683-D, Folio 40-43, as amended by agreement dated
November 26, 1973, registered C.O.B. 723-C, Folio 269-272 (which
act and agreement are hereinafter collectively called the "Lease"),
Landlord did lease to Tenant certain properties located in the City
of New Orleans, and
WHEREAS, it has become apparent that certain
changes should be made in the Lease so as to clarify the original
intent of the parties,
NOW, THEREFORE, the parties agree that the Lease
between them shall be and the same is hereby further amended as
follows:
1. By
providing that the furnishings and equipment provided by Landlord
pursuant to the provisions of Paragraph (c) of Section 7 of the
Lease shall be construed as a portion of the property leased by
Landlord to Tenant.
2. By
adding the following to Section 8 of the Lease:
"Tenant's obligation to maintain the furnishings
and equipment shall be construed in accordance with the provisions
of Articles 2719 and 2720 of the Revised Civil Code of Louisiana,
except only as modified by the obligations of the parties pursuant
to Sections 21 and 22 of this Lease."
3. By
adding to Section 26 of the Lease, following the words "the demised
premises", the words "(including the furnishings and
equipment)".
IN
